What We're Reading: Page 86
Industry reads hand-picked by our editors
Aug 25, 2023
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The New York Times
One Year Later, Powell Faces a Changed Economy and Market
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The Wall Street Journal
Foot Locker Shares Sink Nearly 30% on Dividend Pause, Another Outlook Cut
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Reuters
Payouts expected from Elon Musk’s SEC settlement
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CNBC
DOJ sues SpaceX, alleging hiring discrimination against refugees and asylum seekers
Aug 24, 2023
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Bloomberg
US Payrolls Were Likely 306,000 Lower Than Previously Estimated
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CNBC
Nvidia reports 88% jump in revenue and tops estimates, driven by demand for AI chips
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The Wall Street Journal
Juul to Lay Off 30% of Staff as Vaping Pioneer Seeks More Cash
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The New York Times
Biden Incentives for Foreign Investment Are Benefiting Factories
Aug 23, 2023
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Bloomberg
Half a Million US Jobs at Risk of Vanishing in Payroll Revision
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Reuters
Shares of US banks drop after S&P downgrades some ratings
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The New York Times
Commerce Secretary to Visit China Next Week in Bid to Steady Ties
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The Wall Street Journal
Dick’s Sporting Goods, Macy’s Flash Warning Signs on U.S. Consumer Spending
Aug 22, 2023
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Bloomberg
Fed Can’t Celebrate Yet as Investors Expect Rates, Inflation to Remain Elevated
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The New York Times
As China Falls Into Deflation, the Mood Turns Dark
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CNBC
American workers are demanding almost $80,000 a year to take a new job
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The Wall Street Journal
FedEx Pilots Are Worried About Their Jobs
Aug 21, 2023
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Bloomberg
No Signs of Soft Landing on Bloomberg’s Trade Tracker
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The Wall Street Journal
Estée Lauder Swings to Loss on Weakened China Business
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CNBC
China’s property giant Evergrande files for bankruptcy protection in Manhattan court
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The New York Times
How Geopolitics Is Complicating the Move to Clean Energy
Aug 18, 2023
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Reuters
Fed, economists make course correction on US recession predictions
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The Wall Street Journal
Walmart Lifts Sales Outlook, Fueled by Consumers Looking for Deals
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Bloomberg
Goldman Plans Hiring Spree to Fix Lapses After Increased Fed Scrutiny
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The New York Times
Shell Company Seeks to Extend Deadline for Merger With Trump Media
Aug 17, 2023
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The Wall Street Journal
Some Fed Officials Are Turning Cautious about Raising Rates Too High
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Bloomberg
Goldman CEO’s Most Loyal Deputy Is Tested by Mutinous Partners
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Reuters
OpenAI acquires start-up Global Illumination to work on core products, ChatGPT
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The New York Times
Target’s Sales Hit by Pride Month Merchandise Backlash
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