The Week in Business: The Fed Goes Big
Giacomo BagnaraWhat’s Up? (June 12-18)Largest Rate Increase Since 1994In its most striking move yet to rein in inflation, the Federal Reserve raised its benchmark rate three-quarters of a percentage point…
The Week in Business: Trouble for Tesla?
Giacomo BagnaraWhat’s Up? (June 5-11)More Scrutiny of TeslaThe National Highway Traffic Safety Administration announced on Thursday that it was ramping up an investigation into Tesla’s Autopilot driver-assistance system, which uses…
The Week in Business: Meta Changes
Till LauerWhat’s Up? (May 29-June 4)Sheryl Sandberg Leans OutSheryl Sandberg announced Wednesday that she was stepping down as chief operating officer of Meta after 14 years with the company. In…
The Week in Business: Escalating U.S. Sanctions on Russia
Giacomo BagnaraWhat’s Up? (May 22-28)U.S. Blocks Russian Bond PaymentsOn Wednesday at midnight, the Biden administration let lapse an exemption in the sweeping sanctions against Russia that had allowed the country…