Task

Fed faces tough task deciding when to stop raising rates, official warns

Fed faces tough task deciding when to stop raising rates, official warns

The U.S. central bank is entering a new phase of policy tightening that will be more difficult to manage, a senior official has warned, as pressure mounts on the Federal Reserve to temper what has become one of its toughest campaigns. aggressively raising interest rates for decades. “This next phase of policy making is much …

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Disney+ Establishes 'Cost Structure Task Force', Enacts Targeted Hiring Freeze: Memo

Disney+ Establishes ‘Cost Structure Task Force’, Enacts Targeted Hiring Freeze: Memo

Disney (DIS) is putting the brakes on spending after the company reported weak fourth-quarter earnings, which sent the stock plummeting to a new 52-week low as investors focused on the media giant’s mounting streaming losses . In an internal memo obtained by Yahoo Finance, Disney CEO Bob Chapek told division chiefs on Friday that the …

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