Category: Business

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January Jobs Report Contained Hopeful and Worrying News for the Fed

The Federal Reserve is tracking incoming labor figures as it decides how high interest rates need to go and how long they should stay elevated.  » mehr lesen

Investor Lawsuit Against Elon Musk and Tesla Goes to a Jury

The case centers on whether investors lost money because they believed Mr. Musk’s social media posts about taking Tesla private in 2018.  » mehr lesen

U.S. Hiring Surges With January Gain of 517,000 Jobs

The report defied expectations and underscored the challenges for the Federal Reserve, which is trying to cool the labor market to fight inflation.  » mehr lesen

U.S. Retirees Lost Millions to Romance Scams During Pandemic Isolation

Con artists are using dating sites to prey on lonely people, particularly older ones, in a pattern that accelerated during the isolation of the pandemic, federal data show.  » mehr lesen

Gary Glitter Is Released From Prison After Serving Half of His Sentence

The disgraced former glam rock singer was found guilty in 2015 of sexually abusing three young girls in the 1970s. He had been given a 16-year sentence.  » mehr lesen

How ChatGPT Kicked Off an A.I. Arms Race

Even inside the company, the chatbot’s popularity has come as something of a shock.  » mehr lesen

How Markets Have Redefined Value and Growth Stocks

With the exception of Apple, eight tech giants are no longer “pure growth” stocks, while Exxon and Chevron are, a new study says. Our columnist says: Buyer, beware.  » mehr lesen

Is It Time for a High-Yield Savings Account? What to Know About Rates.

Some online banks offer yields of 3.3 percent or more, but savers may be reluctant to open one because they think it will be a hassle.  » mehr lesen

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