Strong US jobs growth dampens talk of rate cuts
The US economy added 216,000 jobs in December and the unemployment rate was unchanged at 3.7%.
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Fed president says March ‘probably’ too early for rate cut after hot inflation report
The rocky path of inflation back to the Federal Reserve’s 2% target rate reflected in the latest Consumer Price Index figures means that it is likely too soon for the central bank to cut its policy rate in March, Cleveland Fed President Loretta Mester said on Thursday. “I think March is probably too early in my estimation for…
The Coronavirus Has Destroyed Main Street — And Small Business Loans Won’t Save It
We are a small nonprofit and that has presented a number of issues. We have a small budget. Because the PPP loan goes through normal lending circles, there is a bias in favor of more established, higher-income businesses or nonprofits because banks see that as a better loaning partner. The smaller you are, the more…
Boeing’s Max 9 Crisis Deepens
New questions for Boeing The trouble at Boeing is deepening after safety inspectors at Alaska Airlines and United Airlines found loose bolts on some grounded 737 Max jetliners, drawing scrutiny to the quality control process for one of the world’s best-selling aircraft models. The findings raise questions about whether regulators will call for broader safety…
As bitcoin enters the mainstream ETF market, here’s what to know
Comment on this storyComment Add to your saved stories Save Now that regulators have cleared the way, regular investors will have easier access to the most mainstream — and valuable — cryptocurrency through bitcoin exchange-traded funds, or ETFs. The Securities and Exchange Commission’s decision Wednesday followed numerous setbacks for the digital assets sector, including several…
California lawmakers want to curb retail theft, but say it’s not as easy as it sounds
While California lawmakers feel pressure to address concerns about crime, the murky and sometimes contradictory evidence of an increase in lawlessness has put legislators in a bind. Recent studies show that retail theft has increased in some of California’s big cities — with shoplifting rates jumping nearly 50% in San Francisco since 2019 — while…
The Cable Company That Wants to Take the Pain Out of Streaming
Streaming your favorite shows and movies is fun. Less fun: paying for six different services, remembering multiple passwords, figuring out which service has which program—and toggling to live TV so you can watch news and sports. Guess who says he can help? The cable guy. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved….
