Budget cuts loom in the IT industry, but this software stock is well situated to come out unscathed, according to Morgan Stanley.
The ‘greatest tragedy’ would be if central banks don’t finish the job on inflation, Larry Summers says
Central banks not finishing what they have started on inflation would be the “greatest tragedy” for the global economy, according to former U.S. Treasury Secretary Larry Summers.
The ‘greatest tragedy’ would be if central banks don’t finish the job on inflation, Larry Summers says
Central banks not finishing what they have started on inflation would be the “greatest tragedy” for the global economy, according to former U.S. Treasury Secretary Larry Summers.
JPMorgan upgrades Regeneron, says eye drug launch could help boost shares nearly 20%
Approval of Regeneron’s eye drug treating age-related macular degeneration could serve as the next big catalyst for shares, according to JPMorgan.
Bank of Japan defends yield curve control measures, intends to stick to ultra-easy monetary policy
Bank of Japan Governor Haruhiko Kuroda on Friday defended the central bank’s decision to widen the trading band in its yield curve control program.
Google to lay off 12,000 people — read the memo CEO Sundar Pichai sent to staff
Sundar Pichai, Google’s CEO, said in an email sent to the company’s staff Friday that the firm will lay off 12,000 employees.
Netflix’s subscriber growth signals better times ahead, but some analysts say it’s still too early to buy
Some analysts say it’s still too early to buy Netflix
European Central Bank’s Lagarde says China’s Covid reopening will push inflation higher
China’s decision to reopen its economy will increase inflation in Europe as they both compete for more energy, the president of the European Central Bank said Friday.
Global economic outlook may be less bad — but we’re still not in a good place, IMF chief says
Economic outlook is “less bad than we feared,” Kristalina Georgieva, managing director of the International Monetary Fund, told a closing panel in Davos.
Google parent to lay off 12,000 workers – memo
Alphabet is eliminating 12,000 jobs, its chief executive said in a staff memo shared with Reuters.