Fed Chair Powell: Bringing down inflation requires ‘measures that are not popular’ | CNN Business

[ad_1] New York CNN  —  Investors shifted their focus Tuesday from the stock market to Stockholm as Federal Reserve Chairman Jerome Powell made his first public appearance of the year.…

Silicon Valley layoffs go from bad to worse | CNN Business

[ad_1] CNN  —  Shortly before Thanksgiving, Amazon CEO Andy Jassy confirmed rumors that layoffs had begun in multiple departments at the e-commerce giant and said it would review staffing needs…

These three big unknowns will drive markets in 2023 | CNN Business

[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version…

Why good news is bad news on Wall Street | CNN Business

[ad_1] New York CNN  —  Strong jobs reports, robust manufacturing data, still-hot consumer spending. Any time America reports its economy is strong, Wall Street has a freak-out. So why is…

Alan Greenspan says US recession is likely | CNN Business

[ad_1] New York CNN  —  Former Federal Reserve Chairman Alan Greenspan believes a US recession is the “most likely outcome” of the Fed’s aggressive rate hike regime meant to curb…

Here’s what will drive markets this year | CNN Business

[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version…

Fed watch 2023: When will rate hikes slow down | CNN Business

[ad_1] Minneapolis CNN  —  America’s central bank found itself in a glaring spotlight for much of this past year, as Federal Reserve Chairman Jerome Powell wielded blunt tools of interest…

New Year’s pay boost: These states are raising their minimum wage | CNN Business

[ad_1] Minneapolis CNN  —  The current period of high inflation that has significantly impacted the US economy will also influence a New Year’s tradition: The annual state minimum wage increases.…

A stomach-churning year for markets in 5 charts | CNN Business

[ad_1] New York CNN  —  Wall Street is bidding goodbye — and good riddance — to 2022. It has been a year most investors would rather forget. Russia’s invasion of…

Brexit has cracked Britain’s economic foundations | CNN Business

[ad_1] London CNN  —  It’s been two years since former Prime Minister Boris Johnson signed his Brexit trade deal and triumphantly declared that Britain would be “prosperous, dynamic and contented”…