Talking Biz News Today – July 27, 2022

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