Some of Friday’s top business news stories:
The Associated Press
Fed board member opens door to 1-point hike if demand rises, by Christopher Rugaber
Long lines are back at US food banks as inflation hits high, by Anita Snow and Eugene Garcia
CNN
The market meltdown threatening pensions for millions of Americans, by Nicole Goodkind
Facebook users may soon be able to create multiple profiles under their accounts, by Clare Duffy
The Wall Street Journal
China’s Economy Records 0.4% Growth, Weakest Since Wuhan Lockdown, by Jason Douglas
Elliott Sets Sights on Pinterest, by Jessica Toonkel and Sarah E. Needleman
CNBC
These are the 10 cities seeing the most price cuts for homes, by Diana Olick
People are paying more for clothes even as retailers like Walmart and Gap mark down prices to cut inventory, by Melissa Repko
Reuters
Exclusive: Shell wants to share more of its blockbuster profits, CEO says, by Ron Bousso
Stocks stumble as China slowdown rattles investors, by Tom Westbrook
News about business journalism:
Protocol hires MIT Tech’s Reilly as editorial director
Bloomberg reporter Flanagan leaving for Irish Times
Protocol editor in chief Grieve is departing
Wharton biz journalism seminar to be held in October
Washington Post hires Starks for cybersecurity newsletter
Endpoints News hires Pratap as news reporter
Insider names Jones UK transportation reporter
Bloomberg Media hires first chief partnerships officer
