Author: super@dmin
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: CES 2023: Samsung unveils smart home hub that doubles as a wireless charger
The $80 hub lets consumers remotely operate locks, thermostats and lights, and can be connected to a phone or tablet.
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Dow Jones Newswires: Lordstown Motors sees slow rate of production in first quarter
Electric-vehicle maker Lordstown Motors Corp. said the company is expecting a slow rate of production through the first quarter of this year as it deals with supply chain issues.
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The Fed: Worried about a recession? That’s so 2024, Fed staff suggests
The Federal Reserve staff said that its latest estimate now puts the bigger chance of a recession at the end of 2024.
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The Wall Street Journal: Amazon to lay off more than 17,000 workers, more that originally expected
Amazon.com Inc.’s layoffs will affect more than 17,000 employees, a higher number than the company initially planned and one that would represent the most reductions revealed so far at a major technology company, according to people familiar with the matter.
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The Margin: Finding the comedy in the Kevin McCarthy speaker drama: ‘This is the best season of CSPAN … ever’
While some may see Kevin McCarthy’s six losing votes for House speaker as an epic political crisis, others are viewing it as pure political comedy.
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The Tell: Stock market got a ‘Santa Claus rally’ after all
Kriss Kringle shows up late to deliver a seasonal Santa Claus rally to the stock market. Investors hope it will keep the bears at bay.
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The Ratings Game: Hasbro’s holiday season was likely among ‘weakest in the North American toy industry’ amid ‘COVID hangover,’ analyst says
Toy maker Hasbro Inc.’s holiday-season sales were likely among “the weakest in the North American toy industry,” an analyst said on Wednesday.
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MarketWatch First Take: Salesforce investors should be nervous about slower growth
Salesforce.com Inc. investors are facing the company’s first big pothole on the road to slower growth, just as they have recently put all their faith into co-founder Marc Benioff amid a slew of departures by top executives.
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Personal Finance Daily: New York City’s real-estate sector is going through ‘5 stages’ of grief and it’s time to buy I-bonds again. Here are 3 ways to maximize your $10,000 inflation-fighting investment
Wednesday’s top personal finance stories.
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Key Words: Biden on Damar Hamlin and NFL injuries: ‘I don’t know how you avoid it’
President Biden suggested the NFL should explore improved safety measures, but he also said that football isn’t too dangerous to play.