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Jerome Powell Confirmed for a Second Term as Fed Chair

Jerome Powell, whom the Senate confirmed to a second term on Thursday, said allowing rapid inflation to persist would be more painful.  » mehr lesen

Britain’s economy shrinks as inflation ‘begins to bite.’

Gross domestic product fell 0.1 percent in March. The risk of recession has increased as household budgets are constrained by the highest inflation rate in 30 years.  » mehr lesen

GM’s Mary Barra Has a Plan to Win the Electric Vehicle Race

The General Motors chief says efficiencies, innovations and learning from mistakes will allow her company to become a leader in electric vehicles.  » mehr lesen

Where Can You Still Buy a House for Less Than $150,000?

A new analysis of the U.S. housing market shows that affordable homes are quickly vanishing from some cities.  » mehr lesen

Working Mothers, Punished by Pandemic, Mostly Kept Working

When it came to who lost jobs, education mattered much more than gender, a broad new analysis found.  » mehr lesen

Twitter fires two executives and freezes most hiring after Musk’s deal to buy the company.

An internal memo shared with employees said the platform’s general manager and general manager for revenue would be departing.  » mehr lesen

Wall Street Slide Continues, With S&P 500 Edging Closer to Bear Market

Wall Street’s sell-off was triggered by concerns about rising inflation and interest rates. But it has taken on a life of its own.  » mehr lesen

Two Twitter Leaders Are Leaving Company Following Musk Deal

An internal memo shared with employees said the platform’s general manager and general manager for revenue would be departing.  » mehr lesen

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