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State Tax Cut Policies Prop Up Income, Fanning Inflation Worries

Efforts around the country to ease the pain of rising prices have given consumers more money to spend, which could paradoxically further drive up prices.  » mehr lesen

Markets Rise as Powell Signals Slowdown in Pace of Rate Increases

In his final public remarks before a crucial Federal Reserve meeting, the central bank’s chair said the time to moderate rate increases could come as soon as December.  » mehr lesen

Mark Zuckerberg Defends Push Toward Metaverse At DealBook Summit

The company has poured billions into the construction of the metaverse, which has been slow to take off.  » mehr lesen

Economist Austan Goolsbee Is Named to Lead the Chicago Fed

A longtime University of Chicago economist who served in the Obama White House will be president of one of the Fed’s 12 regional districts.  » mehr lesen

The Fed’s Preferred Inflation Gauge Slowed in October

A measure of inflation that the Fed watches most closely is showing signs of moderation, though price gains still remain too fast for comfort.  » mehr lesen

Gannett Starts Another Round of Staff Cuts

The largest newspaper chain is cutting roughly 6 percent of its 3,440-person U.S. media division.  » mehr lesen

DealBook Summit Highlights: Sam Bankman-Fried, Mark Zuckerberg and More

Crypto, the economy, China, streaming wars, Elon Musk and other big topics dominated this year’s DealBook Summit.  » mehr lesen

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