Some of Wednesday’s top business news stories:
The Associated Press
A Fed still wary of inflation is set to raise rates to a 22-year peak. Will it be the last hike?, by Christopher Rugaber
UPS reaches tentative contract with 340,000 unionized workers, potentially dodging calamitous strike, by Haleluya Hadero
CNN
Explosive Variety report on behind-the-scenes CNN drama ignites fierce backlash from top industry figures, by Oliver Darcy
The rise of gig workers is changing the face of the US economy, by Samantha Delouya
The Wall Street Journal
The Luxury Home Market Confronts Its New Reality: Not Enough Buyers and Sellers, by Katherine Clarke and E.B. Solomont
Elon Musk’s Rebranded Twitter Cuts Ad Prices, by Suzanne Vranica and Patience Haggin
CNBC
Home prices continue to climb with ‘striking’ regional differences, says S&P Case-Shiller, by Diana Olick
Boeing’s quarterly results top expectations as airplane deliveries pick up pace, by Leslie Josephs
Reuters
UK regulator says Amazon proposals address concerns over Marketplace
Microsoft charges ahead with spending to serve AI demand, by Yuvraj Malik and Stephen Nellis
News about business journalism:
WSJ wins four National Press Club awards
Bloomberg’s Coniam moves to the markets team
Crunchbase health reporter Vedantam laid off
Study shows inequity among pay in Forbes newsroom
Peña to cover growth and infrastructure for KERA
Stateline News hires Hardy to cover biz, labor and rural issues
Decline in biz news coverage undermines oversight of companies
Vu joins the Washington Examiner as energy reporter
Swearingen to oversee fast investigations at Insider
