What We're Reading
Industry reads hand-picked by our editors
Jan 17, 2025
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Reuters
World Bank warns that US tariffs could reduce global growth outlook
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Payments Dive
Block agrees to pay $255M to regulators for Cash App deficiencies
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Bloomberg
Bessent Says US Barreling to Crisis If Tax Cuts Not Extended
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Wall Street Journal
Bonds That Once Haunted Banks Are Now Juicing Profits
Jan 16, 2025
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Wall Street Journal
SEC Sues Elon Musk Over Twitter Stock Buys, Escalating Long-Simmering Feud
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Banking Dive
7 takeaways from Q4 earnings at JPMorgan, Goldman and more
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CNBC
There’s a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon
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Reuters
US strengthens restrictions on advanced computing chips to prevent diversion to China
Jan 15, 2025
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Bloomberg
Repeat Corporate Bankruptcies in US Hit Fastest Pace Since 2020
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Reuters
Meta to lay off 5% of ‘lowest performers’, plans to hire for impacted roles
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CNBC
Microsoft pauses hiring in U.S. consulting unit as part of cost-cutting plan, memo says
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The New York Times
Who Will Succeed Jamie Dimon? The List of Contenders Narrows.
Jan 14, 2025
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The Wall Street Journal
Trump’s New Economist Makes the Case for 20% Tariffs
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Bloomberg
US Consumers See Stickier Inflation Ahead, NY Fed Survey Shows
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CNN Business
Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts
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The New York Times
Inside Elon Musk’s Plan for DOGE to Slash Government Costs
Jan 13, 2025
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The Wall Street Journal
U.S. Consumer Confidence Dips as Inflation Expectations Spike
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Reuters
US insurers slump as Los Angeles wildfire loss estimates hit $20 billion
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CNBC
Walgreens shares soar more than 20% on big earnings beat, as drugstore chain cuts costs
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FinTech Futures
Former Uber CFO Nelson Chai joins DailyPay board as executive chair
Jan 10, 2025
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Bloomberg
Fed Finds New Reason for Confidence in Obscure Inflation Gauge
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Reuters
Southwest Airlines’ CFO Tammy Romo to retire on April 1
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The New York Times
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
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Wall Street Journal
Cyber Startup Wiz Names New CFO as It Weighs an IPO