Media News

Talking Biz News Today – June 15, 2023

Some of Thursday’s top business news stories:

The Associated Press

Fed Chair Powell sees progress on inflation, though not quickly enough, by Christopher Rugaber

China’s factory, consumer activity weakens in May, youth unemployment rises, by Joe McDonald

CNN

UK homeowners brace for more mortgage pain as borrowing costs shoot up, by Anna Cooban

Google is using AI to change how you shop, by Samantha Kelly

The Wall Street Journal

EU Says It Might Seek Breakup of Google’s Ad-Tech Business, by Sam Schechner and Kim Mackrael

The ‘Taxi Prince’ Is Taking on Uber—and Winning, by River Davis

CNBC

Nearly all Americans cut back on spending due to inflation, CNBC survey finds, by Courtney Reagan

Health insurance stocks slide after UnitedHealth warns more surgeries will drive up medical costs, by Annika Kim Constantino

Reuters

TikTok to invest billions of dollars in Southeast Asia to boost e-commerce business, by Stanley Widianto

Fashion retailers resilient despite consumer fears

News about business journalism:

Bloomberg cancels “Baystate Business” radio show

WSJ union asks for 15% pay hike in negotiations

Insider EIC Carlson: Audience missed striking staff’s work

Insider, union reach deal to end strike

Washington Post hires FT’s Cocco as data reporter

FT launches markets podcast “Unhedged”

SABEW book competition adds management category

Insider CEO Carlson caught taking down union flyers

WSJ union asks for 15% pay hike in negotiations

Insider EIC Carlson: Audience missed striking staff’s work

Insider, union reach deal to end strike

Washington Post hires FT’s Cocco as data reporter

FT launches markets podcast “Unhedged”

SABEW book competition adds management category

Insider CEO Carlson caught taking down union flyers

Silicon Valley Biz Journal hires Mendez as reporter

Mariam Ahmed

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