Some of Wednesday’s top business news stories:
The Associated Press
Consumers confidence slides for third straight month in July, by Matt Ott
US economy sending mixed signals: Here’s what it all means, by Paul Wiseman
CNN
Home prices are still going strong, but there are signs of slowing, by Anna Bahney
Google posts major ad sales growth slowdown following pandemic boom, by Clare Duffy
The Wall Street Journal
Twitter Schedules Shareholder Vote on Elon Musk’s $44 Billion Takeover Bid, by Sarah E. Needleman
Don’t Expect Big Consumer Brands to Lower Prices Soon, by Connor Hart
CNBC
McDonald’s says higher prices, value items helped boost U.S. sales, by Amelia Lucas
Walmart’s slashed profit outlook sends warning about state of the American consumer, by Melissa Repko and Lauren Thomas
Reuters
Fed to unveil another big rate hike as signs of economic slowdown grow, by Howard Schneider
News about business journalism:
Dayton Biz Journal’s Bush moving to Columbus Business First
Bloomberg Industry hires Schwartz to produce and anchor “UnCommon Law”
NPR hires S&P’s Copley as climate and corporations correspondent
Popescu joins the Union-Tribune to cover money
CoinDesk hires Baker as deputy editor in chief
Bloomberg hires Fink as senior podcast producer
NY Times hires Bloomberg’s McCartney as graphics story editor
Mead to join “Times Money” as deputy money editor
Binance CEO sues Bloomberg Businessweek publisher in Hong Kong for defamation
Firm working for Florida energy company controlled news site