Some of Friday’s top business news stories:
Fed Chair Powell: Slower economic growth may be needed to conquer stubbornly high inflation, by Christopher Rugaber
Home sales fell again in September as surging mortgage rates, rising prices discouraged homebuyers, by Alex Veiga
Costco’s longtime CEO steps down, by Nathaniel Meyersohn
Snapchat isn’t just for teens anymore. Now it needs to make some real money, by Clare Duffy
Union Pacific Profit Falls on Weaker Freight Demand, by Dean Seal
Come in Three Days or Just Quit: Some Companies Give Remote Workers an Ultimatum, by Alyssa Lukpat and Chip Cutter
Netflix stock surges 16% after Wall Street buys into ad-driven subscriber growth, by Drew Richardson
Big banks are quietly cutting thousands of employees, and more layoffs are coming, by Hugh Son
Publisher Telegraph, Spectator magazine kick off sale process
Elon Musk’s X to launch premium subscriptions soon, by Supantha Mukherjee and Gursimrankaur Mehar
Hardison promoted to ME at Austin Business Journal
Senior news editor Dahl among the LinkedIn layoffs
CNET hires Santana as a personal finance editor
CNBC starting new show “Money Movers” next month
Dow Jones CFO leaving after 15 months
CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…