At JPMorgan and Bank of America, staffing increased by 1.7% from three months ago, while at Citi it rose by 0.8%. Wells Fargo, meanwhile, shed jobs
The Wall Street Journal: Russia’s global energy leverage is lessening as full-scale war in Ukraine nears 1-year mark
Western sanctions, falling prices for Russian fossil fuels and strategic miscalculations are hurting the country’s oil-and-gas industry while the war in Ukraine is poised to stretch into a second year. Ultimately, the strain will erode Moscow’s status as an energy superpower, according to analysts and former energy officials and executives.
Asia Markets: Japanese shares rise as Hang Seng falls
Key Words: Palantir plans to hire a couple hundred people even in the face of an economic downturn, CEO says
At Davos, Palantir chief executive Alex Karp said the software company expects to expand while still preparing for political and economic upheaval.
The Ratings Game: Rail earnings on deck: What to expect
The extreme cold that hit the U.S. in December is likely to factor in the rail sector’s fourth-quarter results
Crypto: Crypto community irked as bankrupt hedge fund Three Arrows’s founders seek money for new venture
Founders of Three Arrows Capital, a crypto hedge fund whose bankruptcy in June resulted in potentially billions of losses for investors and creditors, are seeking to raise up to $25 million for their new business.
Key Words: We aren’t at ‘peak prices’ yet,’ warns CEO of consumer goods giant Unilever
Alan Jope, head of consumer goods giant Unilever says the company has had to push through more price increases.
: Apple launches faster MacBook Pro laptops with new custom chips
Apple Inc. is upgrading its MacBook Pro laptop to feature faster chips, the consumer-electronics giant announced Tuesday
Financial Face-Off: What’s the best way to get rid of credit-card debt — pay off the smallest balance first or the one with the highest interest rate?
The debt snowball method pays off the smallest balance first, while the avalanche tackles the most expensive debt first.
: China just reported atypically weak economic growth for 2022. Here’s how this year will be different.
Pro-growth government measures and pent-up consumer demand could help the economy expand 6% in 2023, experts say.