Global economics editor King among those leaving WSJ
Neil King, The Wall Street Journal’s global economics editor, is among those leaving the newspaper this week via a buyout offer. On Facebook, King wrote, “The Journal was and still is (though maybe slightly less than it was) a thing of beauty. And helping add a drop or two to that beauty was a joy. […]
Coverage: As expected, Fed raises interest rates
The Federal Open Market Committee raised interest rates by a quarter of a percentage point on Wednesday, the first increase in a year and only the second since the great recession of last decade. Chris Matthews of Fortune had the news: The move was widely expected, as a falling unemployment rate and rising wages signaled to […]
Coverage: Markets cautious ahead of Fed meeting
With the Federal Reserve Board’s committee that oversees interest rates meeting this coming week, investors will be cautious ahead of the decision. Caroline Valetkevitch of Reuters has an overview: While investors have long anticipated the Fed will raise rates at the Dec. 13-14 meeting – in what would be its first such move in a year […]
Cedar Rapids Gazette seeks business reporter
The Gazette, based in Cedar Rapids, Iowa, is seeking business reporter with strong digital skills to join its news team. The business reporter would be focused on an array of business related items – including local and regional economies and consumer behaviors. The ideal candidate is fluent in economic concepts, is comfortable interviewing high-level business […]
WSJ’s Reddy joining Politico as managing editor
Sudeep Reddy, global economics editor at The Wall Street Journal, has been named a managing editor at Politico along with Karey Van Hall. Here is part of the memo sent by Politico editor Carrie Budoff-Brown and editor in chief John Harris on Wednesday morning: Sudeep’s mandate as managing editor is to help deepen the impact of our policy […]
Coverage: The economy is growing faster than expected
The U.S. economy grew at a 3.2 percent clip during the third quarter, the Commerce Department announced Tuesday, outpacing the 3.0 percent growth rate that economists expected. Lucia Mutikani of Reuters had the news: Growth was the strongest since the third quarter of 2014 and followed the second quarter’s anemic 1.4 percent pace. Output was lifted […]
Coverage: Consumers spent less during Black Friday weekend
The Thanksgiving shopping weekend is now behind us, and consumers spent billions, but the average shopper spent less than he or she did in 2015. Anne D’Innocenzio of the Associated Press has the news: Once all the receipts are in, customers look to have spent an average of $289.19 over the four-day weekend, down nearly 3.5 […]
Book on Greenspan wins FT Business Book of the Year award
Sebastian Mallaby, the author of “The Man Who Knew: The Life and Times of Alan Greenspan,” is the winner of the 2016 Financial Times and McKinsey Business Book of the Year Award. The biography of one of the titans of recent financial history brilliantly shows the subtlety and complexity of Alan Greenspan’s legacy. The award […]
Market News International seeks econ data reporter in DC
Market News International has an exciting opportunity available as a U.S. Economic Data Reporter, based in our Washington DC bureau. Your responsibilities will include covering and analyzing economic data reports, including attending government lockups, as well as maintaining and developing data spreadsheets, generating graphics and writing stories to explain key economic trends. We want a candidate […]
Coverage: Trump’s election and the U.S. economy
Now that Republican presidential candidate Donald Trump has been elected, business journalists spent some time Wednesday examining what the next four years will mean to the U.S. economy. John W. Schoen of CNBC examined the possibilities: Like most of his campaign pledges, Trump has set big goals for his economic policies, promising to create 25 million […]
