Some of Thursday’s top business news stories:
The Associated Press
Biden budget seeks big deficit cuts in challenge to GOP, by Josh Boak
Powell says ‘no decision’ on the Fed’s next move on rates, by Christopher Rugaber
CNN
The cost of food is down, but grocery bills are still up. Here’s why, by Danielle Wiener-Bronner
Crypto-friendly lender Silvergate collapses, by Allison Morrow
The Wall Street Journal
Where Musk’s Twitter Gambit Stands, Nearly Five Months In, by Mark Maurer
Spotify Launches New Video Feed to Keep Listeners Listening, by Anne Steele
CNBC
Mortgage demand recovers slightly, despite rising interest rates, by Diana Olick
Netflix’s expected password-sharing crackdown puts college students on edge, by Noah Sheidlower
Reuters
Bed Bath & Beyond raises $135 million more to aid turnaround effort
China consumer inflation slowest in a year, leaves room for more stimulus, by Liangping Gao and Ryan Woo
News about business journalism:
Edgerton named national security reporter in DC for Bloomberg
The Deal hires Tejani to cover financial services deals
Axel Springer, owner of Politico, plans to shutter print operations
CoinDesk promotes De to managing editor, global policy and regulation
Two Athletic F1 writer hires, Houston Chronicle op-ed move, Chi Trib’s Kim Quillen
Media Movers: The Chicago Tribune’s Kim Quillen
Cincy Biz Courier’s Daumeyer named VP at ACBJ
Rest of World’s Kaphle discusses its strategy
Dreier wins Sidney Award for child labor coverage
Ossinger joins Bloomberg’s Asia markets team as an editor
