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Bank Stocks Bounce as Investors Rethink Economic Outlook

PacWest and Western Alliance, the banks at the center of the latest phase of the crisis, recouped a chunk of earlier losses, as robust economic data also heartened investors.  » mehr lesen

HSBC Shareholders Defeat Ping An-Backed Measures

The outcome is a win for the bank in its fight with its largest stakeholder, the Chinese insurer Ping An, which argues HSBC isn’t taking full advantage of its profitable Asia unit....

Wages Grow Steadily, Defying Fed’s Hopes as it Fights Inflation

Pay gains picked up last month, the opposite of what Federal Reserve officials are hoping for as they try to cool inflation.  » mehr lesen

How to Deal With Rising Auto Insurance Rates

Premiums are up more than inflation, as insurers deal with rising repair bills and higher car rental rates. But consumers do have some options, experts say.  » mehr lesen

What to Watch in Today’s Jobs Report

The latest employment data will be published days after the Fed signaled it was ready to pause raising interest rates.  » mehr lesen

Drew Barrymore Drops Out of Hosting MTV Awards Show Over Writers’ Strike

Just days before the show was scheduled to air, the actress and talk-show host said she would pick up her hosting duties next year.  » mehr lesen

AI Is Helping Airlines Prevent Delays and Turbulence

A.I. and innovations like hyperlocal radar stations and a constellation of future satellites may soon improve forecasts and smooth out your journeys.  » mehr lesen

Why Roger Lee Started Layoffs.fyi

Roger Lee has cataloged hundreds of thousands of tech job cuts on his site Layoffs.fyi. He still believes the industry will “100 percent” bounce back.  » mehr lesen

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