Apr 28
The weakness in the economy spawned in part by the liquidation of bloated product inventories has only just begun, Gary Shilling writes
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Walmart just highlighted the dark side of inflation.
With the home becoming an increasingly acceptable office for white-collar employees, new graduates won't have to make a beeline for the big city to find high-paying jobs.
The weakness in the economy spawned in part by the liquidation of bloated product inventories has only just begun, Gary Shilling writes
It looks as if Twitter will sell itself to Elon Musk for US$43 billion, which would make the deal one of the largest leveraged buyouts in Wall Street history and give Tesla’s steward a powerful social media perch.
Easter 2022 arrives this week with its usual egg-hunting and chocolate-bunny traditions, but also with some bitter new realities.
The disruptions of the COVID pandemic have prompted workers to reconsider how they can be most productive and forced companies to revisit some long-held beliefs. A few organizations are floating a new possibility: a four-day workweek.
OPINION: In oil markets, the U.S. Strategic Petroleum Reserve has a reputation a little like the one the Russian armed forces used to have — vast and fearsome, a rival you’d be unwise to tangle with.
OPINION: The Fed’s application of its framework has left it behind the curve in controlling inflation. This, in turn, has made a hard landing virtually inevitable, writes economist Bill Dudley.
The Fed risks slipping further into a no-win interaction with markets that is more familiar to developing countries than to a systemically important central bank — let alone the world’s most powerful one.
Consultant Oliver Wyman’s report estimates the industry generated US$61 billion in profit last year. This year traders have asked for help amid crushing volatility.