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    Read more about the article Fed Confronts a ‘New World’ of Inflation

    Fed Confronts a ‘New World’ of Inflation

    • Post author:
    • Post published:June 24, 2022
    • Post category:News
    • Post comments:0 Comments

    Central banks had a longstanding playbook for how inflation worked. In the postpandemic era, all bets are off.

    Continue ReadingFed Confronts a ‘New World’ of Inflation
    Read more about the article Fed Stress Tests Show Banks Can Withstand Severe Recession

    Fed Stress Tests Show Banks Can Withstand Severe Recession

    • Post author:
    • Post published:June 23, 2022
    • Post category:News
    • Post comments:0 Comments

    The annual tests hold new significance as inflation persists and signs of a coming downturn continue to accumulate.

    Continue ReadingFed Stress Tests Show Banks Can Withstand Severe Recession
    Read more about the article Government to Cancel $6 Billion in Student Loans for Defrauded Borrowers

    Government to Cancel $6 Billion in Student Loans for Defrauded Borrowers

    • Post author:
    • Post published:June 23, 2022
    • Post category:News
    • Post comments:0 Comments

    Around 200,000 who sought relief after attending schools that the Education Department said showed signs of “substantial misconduct” will have their federal student loans wiped out.

    Continue ReadingGovernment to Cancel $6 Billion in Student Loans for Defrauded Borrowers
    Read more about the article Netflix Lays Off Another 300 Employees

    Netflix Lays Off Another 300 Employees

    • Post author:
    • Post published:June 23, 2022
    • Post category:News
    • Post comments:0 Comments

    The company is trying to reduce costs while it confronts declining subscriber growth.

    Continue ReadingNetflix Lays Off Another 300 Employees
    Read more about the article As Midterms Loom, Mark Zuckerberg Shifts Focus Away From Elections

    As Midterms Loom, Mark Zuckerberg Shifts Focus Away From Elections

    • Post author:
    • Post published:June 23, 2022
    • Post category:News
    • Post comments:0 Comments

    Mark Zuckerberg, who once said securing elections was “the most important thing,” has shifted Meta’s focus to the metaverse. That may have real-world implications.

    Continue ReadingAs Midterms Loom, Mark Zuckerberg Shifts Focus Away From Elections

    Germany raises gas emergency level, warning of a crisis.

    • Post author:
    • Post published:June 23, 2022
    • Post category:News
    • Post comments:0 Comments

    Germany’s economy minister triggered the second stage of an emergency plan a week after Russia cut back on gas to Europe, sending prices soaring and raising fears of shortages.

    Continue ReadingGermany raises gas emergency level, warning of a crisis.
    Read more about the article 7-Eleven Franchisee Who Rebelled Against Company Loses in Court

    7-Eleven Franchisee Who Rebelled Against Company Loses in Court

    • Post author:
    • Post published:June 23, 2022
    • Post category:News
    • Post comments:0 Comments

    Mitoshi Matsumoto, who defied corporate edicts by closing for a few hours every night, was ordered by a judge to hand over his store near Osaka, Japan, and pay damages to the corporate giant.

    Continue Reading7-Eleven Franchisee Who Rebelled Against Company Loses in Court
    Read more about the article Germany Raises Gas Emergency Level, Warning of a Crisis

    Germany Raises Gas Emergency Level, Warning of a Crisis

    • Post author:
    • Post published:June 23, 2022
    • Post category:News
    • Post comments:0 Comments

    Germany’s economy minister triggered the second stage of an emergency plan a week after Russia cut back on gas to Europe, sending prices soaring and raising fears of shortages.

    Continue ReadingGermany Raises Gas Emergency Level, Warning of a Crisis
    Read more about the article The Rise of the 0.5 Selfie

    The Rise of the 0.5 Selfie

    • Post author:
    • Post published:June 23, 2022
    • Post category:News
    • Post comments:0 Comments

    These selfies, taken with an ultra-wide-angle lens, aren’t fussed over. Sometimes they are just “distorted and crazy.”

    Continue ReadingThe Rise of the 0.5 Selfie
    Read more about the article Russia Cuts Gas Flows as Europe Races to Stock Up for Winter

    Russia Cuts Gas Flows as Europe Races to Stock Up for Winter

    • Post author:
    • Post published:June 23, 2022
    • Post category:News
    • Post comments:0 Comments

    The routine summer practice of filling Europe’s natural gas tanks has become a battle after Russia cut deliveries by more than half.

    Continue ReadingRussia Cuts Gas Flows as Europe Races to Stock Up for Winter
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