Category: Business

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How U.S. Inflation Expectations Are Being Shaped by Consumer Choices

Economic policymakers are razor focused on inflation expectations after more than a year of rapid price increases. Consumers explain how they’re thinking about rising costs.  » mehr lesen

Big Tech and the Fed

Some tech companies’ earnings are flagging, in what could be a positive sign for the Federal Reserve.  » mehr lesen

How Will Interest Rate Increases Impact Inflation?

The Federal Reserve is raising interest rates to fight inflation. Some economists want more; some politicians want less. What’s the logic?  » mehr lesen

Microsoft Earnings Fall Short

The tech giant cited the strong U.S. dollar, falling consumer demand and production slowdowns of PCs for its performance.  » mehr lesen

Alphabet’s Profit Dropped 14 Percent in the Second Quarter

The earnings by Google’s parent company were below analysts’ expectations of $17.5 billion in net profit on $69.9 billion in revenue.  » mehr lesen

Teva Reaches Tentative $4.25 Billion Settlement Over Opioids

The deal would end thousands of lawsuits against one of the largest producers of opioid painkillers during the height of the opioid epidemic.  » mehr lesen

Shopify Is Laying Off 10 Percent of Staff

The e-commerce platform made the “wrong” bet on the continued boom in online shopping, the chief executive said in a memo to employees.  » mehr lesen

Instagram, Facing Criticism From Kylie Jenner and Others, Tries Explaining Itself

Meta is meeting backlash for changes that make some of its platforms act more like TikTok.  » mehr lesen

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