The United States is perilously close to falling into a recession, despite the reassurances of Federal Reserve officials, Wall Street economists and financial journalists. That’s not just an idle opinion; Read more
Tag: corporate strategy
Elon Musk reportedly plans to countersue Twitter to get out of deal
Elon Musk plans to file a counter-lawsuit against Twitter in the coming days — the tech billionaire’s latest attempt to scrap his $44 billion agreement to buy the social-networking giant, a Read more
Dow books biggest drop in more than two weeks after report about Apple’s plans to slow hiring, spending
U.S. stocks gave up early gains to finish lower on Monday, after Bloomberg reported that Apple Inc. plans to slow hiring and spending growth in some divisions next year in Read more
Opinion: A recession can be avoided if Americans accept 4% inflation
Federal Reserve Chairman Jerome Powell now recognizes it will be difficult to avoid a recession, but accomplishing this soft landing will depend on accepting a higher inflation target than 2%. The Fed began Read more
Opinion: Semiconductors are too important for our economy and security to let partisan spats in Congress derail popular legislation
One of the biggest supply-chain challenges we face today is getting more semiconductors, which are essential to products like automobiles, computers, solar panels and weapons systems. Despite this challenge, it Read more
Vietnamese electric car maker VinFast is opening dealerships in U.S.
Vietnamese automaker VinFast will open six U.S. dealerships this week and 30 by the end of 2022, all in California. The company says it will cut the ribbon for stores Read more
How you can avoid bond fund losses when rates rise
Bond funds that don’t lose money when interest rates rise? Sounds too good to be true, doesn’t it? Such funds do exist, and my guess is that right now you’d Read more
Twitter lays off workers, report contends Elon Musk’s bid is in jeopardy
Twitter Inc. said it is cleaving 30% of its talent-acquisition team, or less than 100 people, as executives seek to cut costs while waiting for an acquisition by Elon Musk Read more
Twitter lays off workers, report contends Elon Musk’s bid is in jeopardy
Twitter Inc. said it is cleaving 30% of its talent-acquisition team, or less than 100 people, as executives seek to cut costs while waiting for an acquisition by Elon Musk Read more
Opinion: The real labor shortage is looming, and everything we’re doing is making it worse
A big change is coming to the U.S. economy: a prolonged period of labor shortages. And nearly everything we’re doing now is making the problem worse. Over the past year, Read more