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Why won’t the Fed be so quick to ease its fight against inflation

Jerome Powell, US Federal Reserve Chairman, speaks during a federal hearing event in Washington, D.C., US, on Friday, September 23, 2022. This week, Federal Reserve officials gave their clearest signal yet that they are willing to take on a recession as a necessary trade-off to regain control of inflation. . Drago | Bloomberg | Getty … Read more

Google is making cuts to its internal startup incubator

the alphabet a company The Google 0.53% Google has scaled back its support for an in-house startup incubator designed to kick-start product development, as CEO, Sundar Pichai Looking for areas to cut costs Following the slowdown in advertising sales growth. Two people said the unit known as Area 120 – which Mr Pichai started in … Read more

European markets open for closing, data, earnings and news

UK markets await decision on next PM The next British prime minister is due to be announced in about 15 minutes, with market participants hoping the news will put an end to the political no man’s land created when Boris Johnson stepped down in July. results A tough and sometimes bitter leadership competition Inside the … Read more

The week under review, next week – September 2, 2022

The Standard & Poor’s 500 Index ended Friday lower, at its lowest closing level since July, after mounting a bid for consecutive gains earlier in the session. The first two days of September, which has historically been the worst month of the year for stocks, were mixed after the rough month of August, which has … Read more