It's Friday desk clearing time for this blogger. "The Federal Reserve looks on course to lose money next year as it raises short-term interest rates to try to rein in inflation, according to former New York Fed President William Dudley.…
https://www.youtube.com/watch?v=WC-TbxZlNKM https://www.youtube.com/watch?v=K6oPgxGS310
A report from the New York Post. "Fed officials seemed to oppose taking more aggressive action as recently as last month. Fed Chair Jerome Powell told reporters that half-percentage-point hikes were 'on the table' at meetings in June and July…
https://www.youtube.com/watch?v=IOiftlHdJio
A report from Deseret News. "Real estate firms Redfin and Compass both announced significant layoffs Tuesday. 'To all the departing people who put your faith in Redfin, I’m sorry we can’t keep our commitment to you,' wrote Glenn Kelman, Redfin’s…
A report from Bloomberg. "Cryptocurrencies plummeted so violently that a popular lending platform froze withdrawals to prevent a very modern kind of bank run. It was enough, for some, to resurface scary memories of the global financial crisis more than…
https://www.youtube.com/watch?v=SlNLidR_OKY
A report from the Marin Independent Journal. "Gloria Othon, 61, poured $115,000 into a year-long project to remodel the bathrooms and kitchen of her San Jose home. Othon and her husband bought the house in the Berryessa neighborhood in 1998…