Some of Monday’s top business news stories:
The Associated Press:
Moody’s lowers US credit outlook, though keeps triple-A rating, by Christopher Rugaber
A fragile global economy is at stake as US and China seek to cool tensions at APEC summit, by Paul Wiseman
CNN
IRS announces new income tax brackets, by Jeanne Sahadi
The Fed is terrified Americans could get used to high inflation. It may already be happening., by Bryan Mena
The Wall Street Journal
China’s Spending on Green Energy Is Causing a Global Glut, by Sha Hua and Phred Dvorak
Electricity Use Booms in Texas, a Harbinger for the Country, by Jennifer Hiller
CNBC
Public workers may receive reduced Social Security benefits. There’s growing support in Congress to change that, by Lorie Konish
As Target shutters some stores, retailer looks to prove it can grow and avoid new setbacks, by Melissa Repko
Reuters
US government aims to free up more wireless spectrum, by David Shepardson
US retailers stuck with excess stock offer bargains as holiday season nears, by Ananya Mariam Rajesh and Savyata Mishra
News about business journalism:
Talking Biz News Today – Nov. 10, 2023
Edwards named acting London bureau chief for Bloomberg
Ackerman becomes editor in chief of Micro Center
Detroit News auto reporter Grzelweski departs
TBN Ticker’s 19 moves and news items, Fox Weather’s Ian Oliver, new reporter at ABC San Diego
WaPo’s new CEO/pub, Condé Nast layoffs, AP’s global news manger: TBN Ticker for Nov. 10
Media Movers: Fox Weather’s Ian Oliver