Chicago Fed names ex-Obama adviser Goolsbee as next leader
WASHINGTON (AP) — Austan Goolsbee, who was a top economic adviser to President Barack Obama, has been chosen as the…
Headlines
Chicago Fed Hires Austan Goolsbee As New Chief As Evans Prepares To Exit
(Reuters) – The Federal Reserve Bank of Chicago’s board of directors hired Austan Goolsbee, a University of Chicago Booth School…
Wells Fargo Cuts Hundreds Of Jobs In Mortgage Business – Bloomberg News
(Reuters) – Wells Fargo & Co has cut hundreds of jobs in its mortgage business across the country, Bloomberg News…
Facebook’s Skewed Audience For Job Ads Draws New Complaint
By Paresh Dave OAKLAND, Calif. (Reuters) – Meta Platforms Inc unlawfully steered dozens of hiring ads from trucking companies and…
Average long-term US mortgage rates dip third week in a row
WASHINGTON (AP) — The average long-term U.S. mortgage rate ticked down for the third week in a row and have…
Tesla To Issue Software Updates For 435,000 Cars In China Over Marker Light Issue
SHANGHAI (Reuters) -Tesla Inc will issue software updates for more than 435,000 vehicles in China to fix an issue with…
Blackstone To Sell Stake In MGM Grand, Mandalay Bay To VICI Properties
(Reuters) -Blackstone Inc will sell its 49.9% stake in the joint venture that owns the MGM Grand Las Vegas and…
Q&A: Jacob Harold creates philanthropist ‘toolbox,’ guide
Jacob Harold believes philanthropy needs more “strategic promiscuity” – battling the world’s problems using a variety of approaches. It’s an…
Reuters Poll: BoC To Keep Up Pace With 50 Basis Point December Rate Hike -economists
By Indradip Ghosh BENGALURU (Reuters) – The Bank of Canada will hike its key interest rate by another 50 basis…
U.S. Consumer Spending Solid In October; Weekly Jobless Claims Fall
WASHINGTON(Reuters) – U.S. consumer spending increased solidly in October, while inflation moderated, giving the economy a powerful boost at the…