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Business and Economic News

The Fed is poised for another jumbo interest rate hike. Many are wondering what's next

The Fed is poised for another jumbo interest rate hike. Many are wondering what's next

The Federal Reserve is expected to raise interest rates by another 0.75 percentage points Wednesday, as part of its ongoing effort to fight inflation. The big question is, what happens next.
by Scott Horsley

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Musk floats paid Twitter verification, fires board

Musk floats paid Twitter verification, fires board

Twitter's new owner fired the company's board of directors and made himself the board's sole member, according to a company filing Monday with the Securities and Exchange Commission.
by The Associated Press

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Right-wing 'zombie' papers attack Illinois Democrats ahead of elections

Right-wing 'zombie' papers attack Illinois Democrats ahead of elections

Printed newspapers sent out across Illinois push Republican talking points against Democrats just in time for election season. They're taking advantage of the erosion of local news.
by David Folkenflik

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Inflation still a top issue as campaign moves to final week

Inflation still a top issue as campaign moves to final week

As the 2022 campaign enters its final week, the top issue — the economy and inflation —seems to favor Republicans. Frustration over rising prices tends to focus on the party that holds the White House, even though a president has little control over rising prices.
by Mark Zdechlik

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How Biden changed his tune on inflation as prices soared and the midterms loomed

How Biden changed his tune on inflation as prices soared and the midterms loomed

At first, the White House said inflation would be a temporary issue. But it quickly became the top economic priority — and major source of midterm political pain — for President Biden.
by Asma Khalid

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Women leaders switching jobs at record rates, demand better from workplaces

Women leaders switching jobs at record rates, demand better from workplaces

Women leaders — already in short supply — are leaving their companies at rates not seen in years, a new report says. For every woman at the director level who gets promoted, two women directors leave.
by Rachel Treisman

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