The Federal Reserve is combating the fastest price increases in four decades and is trying to cool the economy before high inflation becomes embedded.NYT > Business Read More
Category: business
Job Openings in U.S. Rose to Record in March
New government data suggests that the economy remains far from normal as employers struggle to fill jobs and workers seek better positions.NYT > Business Read More
Airbnb Revenue Climbs on Record Nightly Bookings, Higher Prices
The home-sharing giant said it expects to post its first full-year net profit this year after its revenue climbed 70% last quarter as people continued to book rentals despite hosts raising prices.WSJ.com: US Business Read More
Lyft Shares Plunge on Weak Earnings Outlook
The ride-hailing company posted its fourth consecutive quarter of adjusted operating profit, but its commitment to spend spooked investors.WSJ.com: US Business Read More
Europe’s Economy Slows to a Crawl as War and Inflation Take a Toll
Europe’s growth in the first three months of the year was languid as the United States and China struggled to maintain momentum.NYT > Business Read More
How Twitter’s Board Went From Fighting Elon Musk to Accepting Him
It’s highly unusual to move from a “poison pill” to a $44 billion deal in under two weeks. But Twitter’s board ran out of options.NYT > Business Read More