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19879 articles published since 08 Mar 2022

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Asian markets mixed with focus on US inflation data, Fed meeting
Asian markets mixed with focus on US inflation data, Fed meeting
Business and Economy

Asian markets were mixed Friday as optimism about China's economic reopening continues to face off against concerns about rising interest rates and a possible recession. But there remains some concern that the world's top economy remains resilient and the jobs market too strong, meaning the Fed might have to keep tightening monetary policy longer than had been hoped.

Recession in US 'not inevitable': Yellen
Recession in US 'not inevitable': Yellen
Business and Economy

A recession in the US is "not inevitable," Treasury Secretary Janet Yellen said Thursday, adding that she believes the world's biggest economy is on the right track in lowering inflation. "Without seeing significant net nationwide layoffs, I believe we're on the right track in terms of lowering inflation and a recession's not inevitable," she added.

Musk faces legal onslaught from angry ex-Twitter workers
Musk faces legal onslaught from angry ex-Twitter workers
Business and Economy

The purge initiated by Elon Musk at Twitter when he took over the company left more than half of its 7,500 employees on the sidelines and now many of them are taking the SpaceX and Tesla tycoon to court. All this was done while Elon Musk was abusing us in public on Twitter," said a former senior employee at Twitter, Amir Shevat.

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