Coverage: OPEC meets to discuss oil production cuts
Members of the Organization of the Petroleum Exporting Countries and the so-called NOPEC alliance will meet on Monday in St. Petersburg, Russia, to talk about how the oil production cuts are coming along. Tracy Johnson of CBC News had the story: OPEC’s compliance with the agreed-upon production cuts slipped in June. The numbers vary a bit, but the […]
Coverage: Pork belly prices hit a record high
Prices for the part of a hog used to make bacon have risen around 80 percent this year, while frozen reserves are at a six-decade low as Americans bought around 14 percent more bacon at stores in 2016 than in 2013. Benjamin Parkin of The Wall Street Journal had the news: “The consumer has simply woken […]
CNNMoney seeks markets and economy editor
CNNMoney, CNN’s fast-growing digital platform for business news, is hiring a Markets & Economy Editor to play a key role in its New York newsroom. The editor will run a team of writers and manage CNNMoney’s coverage of markets and the economy – shaping and editing news and enterprise stories, mentoring reporters, collaborating with video and TV […]
Coverage: Fed is predicting steady economic growth
The Federal Reserve Board’s view of the American economy, which it updated Friday in a semiannual report to Congress, predicts steady growth still impeded by a range of problems, according to various business media outlets. Binyamin Appelbaum of the New York Times had the news: The report gives the reasons for confidence, describing the steady growth of consumer […]
Idaho Statesman seeks workplace/economy reporter
The Idaho Statesman seeks a digitally-focused Workplace/Economy Reporter to help expand a revised business beat called Changing Boise (and the Valley). This beat focuses on the Valley’s explosive growth and the impact on how and where we work. He/she will cover downtown core businesses, tech, influencers, commercial and residential development, job trends and Valley business […]
New York Times seeks economics/industry reporter
Business Day is looking for a smart, resourceful and energetic reporter to join its economics team, with a focus on industry. This reporter will be adept at illuminating the economic trends transforming America’s companies, workplaces and consumer habits by conceiving and producing must-read coverage. An academic background in economics is less important than exceptional story-telling […]
Coverage: Auto sales continue to slump
Major automakers reported a fourth consecutive month of lower U.S. new vehicle sales for June and came in below analyst expectations, despite hefty consumer discounts and looser loan terms. Nick Carey of Reuters had the news: Automakers’ shares rose, however, as retail sales to consumers were relatively stable at the U.S. automakers, with General Motors Co […]
Bloomberg hires JP Morgan’s Flanders to run economics unit
Bloomberg editor in chief John Micklethwait issued the following memo Monday announcing the hiring of former BBC economics editor Stephanie Flanders to lead a new unit called Bloomberg Economics. She starts in October and will be based in London. Micklethwait wrote: Economics sits at the heart of so much of what we do in Editorial […]
Washington Post hires CNN’s Long to cover economics
Washington Post financial editor David Cho, deputy financial editor Zachary Goldfarb and economic policy editor Patrick Reis sent out the following announcement on Friday: We’re very excited to announce that Heather Long, a reporter and editor at CNN, will be our new economics correspondent, writing analytical stories on Wonkblog about a wide range of economic and […]
Coverage: Fed raises interest rates again
The Federal Reserve Board raised its benchmark interest rate for the third consecutive quarter on Wednesday, demonstrating confidence in the American economy. Binyamin Appelbaum of the New York Times had the news: The Fed, as expected, raised its benchmark rate to a range between 1 percent and 1.25 percent, citing the continued strength of job growth […]
