Investors conclude that Tesla is a carmaker, not a tech firm – The Economist
After tesla’s market capitalisation swept past that of Toyota, then the world’s most valuable carmaker, in the summer of 2020, devoted fans and incredulous sceptics...
Author : Nelli Avetisyan
Amazon Expands Corporate Layoffs to 18,000 Jobs – The New York Times
Amazon plans to eliminate 18,000 corporate and technology jobs in a significant expansion of its cost-cutting plans, the company’s chief executive, Andy Jassy, said in...
Here’s (Almost) Everything Wall Street Expects in 2023
It may be one of the most anticipated recessions of all time, but that doesn’t mean it won’t hurt. Barclays Capital Inc. says 2023 will...
PODCAST: 2023 Job Market: Pay, Work From Home, Who’s Hiring and More
The U.S. labor market enters 2023 facing an unsettled economy and a jittery stock market. LaSalle Network staffing firm founder and CEO Tom Gimbel joins...
Fed Minutes to Reveal Source of Inflation Angst Pushing Up Rates – Bloomberg
The Federal Reserve is set to shed more light on why it’s worried that strong inflation may linger as the US economy moves into the...
Record 13.3% UK food inflation raises fears of ‘another difficult year’ – The Guardian
UK food price rises soared to a record rate in December, figures show, as retail industry bosses warned that high inflation would continue in 2023...
Reuters: World Bank seeks more funds to address climate change, other crises -document
The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders ahead...
Will 2023 be a year of muddling through for the UK economy? – The Guardian
Typical. After a round of new year prediction punditry that made one think that 2023 could only be bleaker and weaker than 2022, the FTSE...
Big Tech Is in Crisis. That’s Exactly What It Needed – Bloomberg
Joshua Browder, a 26-year-old entrepreneur from the UK, recently supercharged his main product in a way that he could hardly have imagined a few years...
Business trends, risks and people to watch in 2023 – The Financial Times
Some industries have been particularly affected by the economic reordering: this is what to look for in the coming year in the corporate world in...