WSJ News Exclusive | Alameda, FTX Executives Are Said to Have Known FTX Was Using Customer Funds
Alameda Research CEO and senior FTX officials are said to have known that FTX had lent its customers’ money to...
Financial Services
FTX Files for Bankruptcy; Sam Bankman-Fried Steps Down as CEO
The cryptocurrency platform said Sam Bankman-Fried would remain at the company to assist with an orderly transition and it would...
Inflation Report Leaves Fed on Track for 0.5-Point Rate Rise in December
The October inflation report is likely to keep Federal Reserve officials on track to approve a half-percentage-point interest-rate increase next...
More Workers Get Side Hustles to Keep Up With Rising Costs
As full-time workers feel pinched by inflation, some are turning to second part-time jobs to supplement their incomes. Source link
Frackers Say Oil Production Slowing in the Shale Patch
U.S. oil-and-gas companies offer little relief for tight global market. Source link
Startups Look to Scoop Up Laid-Off Tech Workers
Flush with investor capital, technology startups plan to scoop up software developers, engineers and marketers flooding the labor market following...
WSJ News Exclusive | Lyft Plans to Lay Off About 700 Employees in Second Round of Job Cuts
The ride-hailing company is cutting 13% of staff, or nearly 700 jobs, the latest technology company to say it needed...
Federal Reserve Hikes by 0.75 Point, Signals Slower Increases but Ultimately Higher Rates
EconomyU.S. EconomyChairman Jerome Powell says too soon to talk about pausing rate increases Source link
Prudential Suffers Big Loss on Rising Rates
Rising interest rates and volatile stock markets battered insurer Prudential in the third quarter, while AIG was stung by claims from...
Merck Is Coming for Pfizer’s Pneumonia Vaccine Market Share
HealthRivals’ interest in the $7 billion market shows the drug industry’s renewed focus on vaccines Source link
JPMorgan, Macy’s and Other Companies Reveal What They Pay Workers as Deadline Looms
New York City employers are starting to comply with a new salary transparency law taking effect this week that will...
Pfizer, Uber and Starbucks Highlight Another Busy Earnings Week
Pfizer Inc., PFE 3.69% Uber UBER -1.15% Technologies Inc. and Starbucks Corp. SBUX 2.13% are among the heavyweights headlining another...
IRS to Make Largest Increase Ever to 401(k) Contribution Limit
Millions of Americans can save more in retirement accounts next year, after inflation adjustments made Friday by the Internal Revenue...
WSJ News Exclusive | Elon Musk’s Twitter Takeover Debt to Be Held by Banks Amid Turbulent Markets
Banks that committed to help finance Elon Musk’s takeover of Twitter Inc. plan to hold all $13 billion of debt...
Essay | Janet Yellen’s Learning Curve
When Janet Yellen testified before a congressional commission almost a decade ago about the 2007-2009 global financial crisis, an interlocutor...
Drugmakers Look to Limit Medicare’s New Power to Negotiate Lower Drug Prices
Drugmakers are trying to blunt Medicare’s newfound power to negotiate medicine prices while coping with internal industry disputes and ebbing...
U.K. Treasury Chief Jeremy Hunt Looks to Reassure Markets With New Tax Plan
LONDON—New U.K. Chancellor Jeremy Hunt will make a statement later Monday, unveiling new public spending and tax policies as he...
WSJ News Exclusive | Goldman Plans Sweeping Reorganization, Combining Investment-Banking and Trading
Goldman Sachs Group Inc. GS -2.31% plans to fold its biggest businesses into three divisions, undertaking one of the biggest...
Domino’s Revenue Up as U.S. Sales Offset Strong Dollar
Domino’s Pizza Inc.’s DPZ 10.44% third-quarter revenue rose 7.1%, as higher sales from its U.S. restaurants offset a decline from...
WSJ News Exclusive | Peloton Co-Founder John Foley Faced Repeated Margin Calls From Goldman Sachs as Stock Slumped
John Foley, the co-founder and former chief executive of Peloton Interactive Inc., PTON -3.41% faced repeated margin calls on money...
