Author: super@dmin
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The Wall Street Journal: U.S. border agents made record number of arrests in 2021 at Mexican frontier
Agents made 1.9 million arrests during a surge in crossing attempts and released fewer migrants into the U.S. than in prior years.
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Economic Report: Record 7.8 million full-time workers called in sick during January
Some who were temporarily out with COVID might have been missed in the nonfarm payrolls report, making January’s reported job gain of 467,000 even more impressive
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The Conversation: Why do some people call bitcoin a religion?
Bitcoin has become so attractive to so many people, in ways that would not be possible if the cryptocurrency were approached as a purely economic phenomenon.
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Crypto: Why is bitcoin rallying 10% Friday? Crypto clambers to perch above $40,000 following jobs report.
Bitcoin has reached a two-week high, trading above $40,000 on Friday, despite that a stronger-than expected jobs report may strengthen the Federal Reserve’s resolve to tighten its monetary policy aggressively this year.
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Top Ten: Weekend reads: Looking ahead after Facebook’s big drop
Also, Amazon’s blowout, managing debt when retired, stock-split myths and why Intel decided to build big in Ohio.
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: Ford stock tumbles to 3-month low as light volumes, profit miss spook Wall Street
Ford Motor Co. stock is down more than 10% to hit its lowest in more than three months after Wall Street faulted the auto maker for its bottom-line miss and light volumes amid ongoing supply problems.
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The Ratings Game: ‘Amazon is not a monopoly’: Earnings show Amazon must rely on alternative businesses, analyst says
Analysts weigh in on Amazon’s fourth-quarter earnings, highlighting the businesses outside of the e-commerce and cloud segments.
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: A new ‘Grand Theft Auto’ is in the works, and already helping Take-Two stock
Take-Two Interactive Software Inc. shares rose Friday after the videogame publisher’s studio Rockstar Games confirmed it is actively developing the next version of its lucrative “Grand Theft Auto” franchise.
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Commodities Corner: Some U.S. drivers may pay highest gasoline ‘prices of their lives’ this spring
Gasoline prices have climbed by nearly 40% from a year ago, with some motorists expected to pay $4 a gallon or more, on average, this spring.
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: Slow start, bigger finish: Here’s the latest thinking about Fed’s rate-hike path after strong January jobs report
Economists said the Fed would still raise its policy rate by a quarter-percentage point next month.