FinanceHarvard economist Jason Furman warns the U.S. economy could be headed for an ‘incomplete hard landing.’ Here’s what that means
Furman says a "soft landing" isn't the most likely outcome for the U.S. economy. Rising wages are creating a nightmare for the Fed that will lead to something much worse.
December 8, 2022
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Asia
Biden’s Inflation Reduction Act is bringing an up to $5 billion electric battery plant to the Atlanta suburbs
A senior Chinese health official just predicted that most of the country will get COVID
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Environment
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Europe
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Finance
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Blue Apron was once valued at $1.9 billion. Now it’s worth $30 million and it just announced layoffs
Harvard economist Jason Furman warns the U.S. economy could be headed for an ‘incomplete hard landing.’ Here’s what that means
Health
COVID vaccines for kid under 5 with updates for Omicron cleared by FDA
A senior Chinese health official just predicted that most of the country will get COVID
Fauci isn’t just worried about a ‘wave of infections’ as China reopens. He sees a risk in a whole new wave of mutant variants
Leadership
NFL’s Washington Commanders created a ‘toxic work culture’ rife with sexual misconduct and then intimidated witnesses to keep quiet about it, report says
LinkedIn is seeing a decline in remote job postings: That could be a problem for DEI goals
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The Ledger
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New York bans new crypto mining power plants—for now
Lifestyle
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Exxon has been getting ripped for inflation profiteering and it just gave workers a massive pay hike. Here’s how it actually stacks up.
Personal Finance
The supersized wage growth of the pandemic era is slowing, new report finds. Here’s what to expect in 2023
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Politics
Biden’s COVID relief plan pumps nearly $36 billion into beleaguered Teamsters union pension plan
Biden is expected to quickly sign a major bill that just passed Congress protecting same-sex marriage
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Retail
Amazon is betting on the future of social e-commerce by launching a product that looks a lot like TikTok
Biden’s Inflation Reduction Act is bringing an up to $5 billion electric battery plant to the Atlanta suburbs
Kanye West is being chased for nearly $100K by a freelance creative director over a Yeezy sunglasses shoot
Success
Only one in 4 Americans is happy with the economy heading into the holidays, poll finds
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Tech
Robots are coming—and it doesn’t look pretty for workers. Get ready for long hours, less pay, and fewer jobs
Why Apple’s end-to-end encryption expansion will get government scrutiny
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