Sarah Kessler
Posts
The Week in Business: Uncertainty Over the New Virus Variant
With much unknown about Omicron, President Biden announced travel restrictions and the stock market fell. Plus, the F.T.C. blocked a major chip deal.
The Week in Business: Biden’s Safety Net Package Clears One Hurdle
The president signed the $1.2 trillion infrastructure bill. Retail sales are up and signs point to a strong holiday season. And the next Fed chair...
The Week in Business: Conglomerates Break Up
First G.E. and then J&J decide to split up their businesses. Inflation is rising. And the Biden administration's vaccine mandate faces court challenges.
The Week in Business: Time to Slow the Economic Stimulus
Jobs rebounded in October. The government finally issued rules on requiring vaccinations at big employers. And we'll see how quickly inflation is rising.
The Week in Business: From Facebook to Meta
Last week, Tesla reached a $1 trillion market valuation, a milestone that has only been passed by five other companies. This week: The Fed may...
How Should Billionaires Be Taxed?
A proposed ‘billionaire tax’ appears to have been shelved, but questions about how to best tax extreme wealth remain.
The Week in Business: A Consumer Internet Deal
The Fed unveiling sweeping changes to its ethics practices. The government approved more coronavirus vaccine booster shots and is set to decide on vaccines for...
The Week in Business: Workers Flex Their Muscles
The governor of Texas bans vaccine mandates. Prices are rising quickly. And WeWork is finally going public.
The Week in Business: Facebook’s Rough Stretch
Facebook faced both an outage and a whistle-blower. Lawmakers reached a compromise on raising the debt ceiling. And the latest number on inflation is coming...
The Week in Business: Facebook Under Pressure and Ozy Media Shuts Down
Facebook postponed the start of its “Instagram Kids” product and a Ozy Media shut down, just five days after a report raised questions about its...