clashes

Fed message that rates will be on hold for 'a while' clashes with bets on 2023 rate cut

Fed message that rates will be on hold for ‘a while’ clashes with bets on 2023 rate cut

(Bloomberg) – Federal Reserve Chairman Jerome Powell has history on his side as he and his colleagues part ways with Wall Street on how long interest rates will stay high in 2023. Bloomberg’s Most Read After the fastest monetary policy tightening since the 1980s, the central bank is expected to raise its benchmark rate by …

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Twitter's $5 billion a year business hits as Elon Musk clashes with advertisers

Twitter’s $5 billion a year business hits as Elon Musk clashes with advertisers

Elon Musk’s tumultuous reign on Twitter has led to a damaging rift with top brands and marketers, as the social media company’s $5 billion-a-year advertising business has been hit by tensions over moderation of the content and resources. Several leading ad agencies and media buyers have told the Financial Times that nearly all of the …

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