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
Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…
Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…
In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…
Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…
Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…
Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…