By David Thomas (Reuters) – Twitter Inc CEO Elon Musk said in an email to Reuters on Friday that hiring…
Stock swoon resets valuations but recession risk, rates cloud outlook
By Lewis Krauskopf NEW YORK (Reuters) – U.S. stocks are starting 2023 at much cheaper levels after Wall Street’s biggest…
Investment management firm AQR books best year in several strategies
By Nell Mackenzie (Reuters) – Investment management firm AQR’s Absolute Return Strategy in 2022 saw its best year since its…
Fed will face complicated choices as labor market softens: George
(Reuters) – The Federal Reserve will face some hard choices and delicate communications challenges as it fights still-high inflation even…
Fed’s more gradual rate hike path should limit economic harm, Barkin says
By Lindsay Dunsmuir (Reuters) – The Federal Reserve’s move to smaller interest rate hike increments will help limit damage to…
Whiplash: energy markets start 2023 with biggest weekly dive in years
By Stephanie Kelly NEW YORK (Reuters) – Energy futures for crude oil, refined products and natural gas have plummeted in…
Exclusive-TikTok freezes consultant hiring for U.S. security deal as opposition mounts
By Echo Wang (Reuters) -TikTok has put on hold a hiring process for consultants that would help it implement a…
NY Fed says China’s COVID woes are pressuring supply chains
By Michael S. Derby NEW YORK (Reuters) – Declining world supply chain pressures are being challenged by new disruptions in…
Fed’s Bostic: jobs data another sign economy is gradually slowing
By Lindsay Dunsmuir (Reuters) – The latest U.S. jobs figures are another sign that the economy is gradually slowing and…
WWE confirms former chief Vince McMahon’s return to board
(Reuters) -Vince McMahon, the former chief of World Wrestling Entertainment, is returning to the board of the company that he…