Media Moves and News

Talking Biz News Today – June 16, 2022

June 16, 2022

Posted by Mariam Ahmed

Some of Thursday’s top business news stories:

The Associated Press

This is how a higher Fed rate could affect your finances, by Christopher Rugaber

Retail sales in May slip 0.3% amid surging inflation, by Anne D’Innocenzio

CNN

Apple retail workers in Maryland to begin voting in historic union election, by Catherine Thorbecke

Bitcoin has crashed more than 30% this week to $20,000, by Anna Cooban

The Wall Street Journal

Workers Don’t Feel Quite as Powerful as They Used To, by Callum Borchers

Elon Musk Expected to Reiterate Desire to Own Twitter in Meeting Thursday, by Cara Lombardo

CNBC

Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase since 1994, by Jeff Cox

Netflix’s binge-release model is under new scrutiny as the streaming giant struggles, by Sarah Whitten

Reuters

China’s holdings of U.S. Treasuries skid to 12-year low; Japan also cuts holdings, by Gertrude Chavez-Dreyfuss

Oil prices recover on tight supplies, firm demand outlook, by Florence Tan

News about business journalism:

Youngstown Biz Journal hires Schaffer to cover tech news

TD Ameritrade hires BNN Bloomberg’s Bonnell

Union-Tribune hires Schulz from Forbes

Penny Hoarder ME Schlander hired to start real estate news operation

Fortune hires Mikhail to cover health and wellness

Idaho Biz Review editor Bonneau leaving

FT’s FundFire hires Colon as reporter

Farrell hired as editor in chief of CyberScoop

AABP names winners of its annual contest

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