Google Alert - Business

	Business Daily update ⋅ March 17, 2022
	NEWS
	Bloomberg The Global Fight Over Chips Is Only Going to Get Worse Bloomberg Intel Corp. unveiled plans on March 15 to build a giant, 17 billion-euro ($18.7 billion) factory making cutting-edge semiconductors in the city, adding to new plants in Arizona and Ohio the company announced over the past six months. Flag as irrelevant
	The New York Times Starbucks CEO retires, and Howard Schultz steps in as interim chief executive. The New York Times For the past two years, even as the pandemic shut down key markets and created supply shortages, Kevin Johnson, the chief executive of Starbucks, managed to lead the company to robust revenue and profit growth. But in recent months, those operational ... Flag as irrelevant
	The New York Times Why the Fed Is Poised to Raise Interest Rates The New York Times Prices for groceries, couches and rent are all climbing rapidly, and Federal Reserve officials have been warily eyeing that trend. On Wednesday, they are expected to take their biggest step yet toward counteracting it. Central bank officials — who have ... Flag as irrelevant
	Reuters Oil futures open higher on IEA supply warning Reuters Front-month Brent crude futures were up about 66 cents, or 0.67%, to $98.68 a barrel at 1222 GMT , while U.S. West Texas Intermediate (WTI) crude was up 84 cents, or 0.86%, to $95.86 a barrel. Flag as irrelevant
	The New York Times Russian sanctions could create 'supply crisis' as oil output falls. The New York Times The International Energy Agency on Wednesday warned that the global economy could be whipsawed by both disruptions to oil supplies and a sharp fall in demand resulting from Russia's invasion of Ukraine. The organization said the world could be heading ... Flag as irrelevant
	Barron's Dow Up with Fed Decision Ahead, Alibaba and Chinese Stocks Soar—and What Else Is Happening in the Stock Market ... Barron's Stocks were gaining for the second straight day Wednesday, as more positive news about diplomatic progress between Russia and Ukraine emerged. Later, the Federal Reserve's interest rate decision will steal the show in markets. Flag as irrelevant
	NPR Fears are growing that Russia will default on its debt. Here's what you need to know NPR On Wednesday, Russia is obligated to pay interest rates on two dollar-denominated bonds that mature in 2023 and 2043. Those payments total $117 million. It's the first of a series of interest rate payments ... Flag as irrelevant
	PBS NewsHour WATCH: Federal Reserve chair Powell gives update on federal interest rate policy PBS NewsHour Under Chair Jerome Powell, the Fed is hoping that the rate hikes will achieve a difficult and narrow objective: Raising borrowing costs enough to slow growth and tame high inflation, yet not so much as to topple the economy into recession. Flag as irrelevant
	Reuters Asian Stocks Follow Wall Street Higher After Fed Rate Hike U.S. News & World Report Asian stock prices have surged for a second day after the Federal Reserve announced its first interest rate hike since 2008 and China promised support for its real estate and internet industries. By Associated Press. |. March 16, 2022. Flag as irrelevant
	The New York Times Retail sales rose in February, but inflation is starting to take its toll on spending. The New York Times Retail sales rose 0.3 percent in February from the prior month, the Commerce Department reported on Wednesday, a slowdown in spending that suggested inflation was taking its toll on American consumers. The slower growth — January's retail sales ... Flag as irrelevant
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