Musk said he believed he had the funding to take Tesla private, even though a deal did not happen; Amazon launches prescription drug discount program; Consumer Reports urges chocolate-makers to reduce heavy metals

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Stocks rise; economist expect employers to shrink headcounts; Spotify announces job cuts; IRS tax season begins

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A majority of economists still thought a recession was likely, but less so than in October; Spotify considering layoffs, Bloomberg reports; $1 trillion coin a ‘gimmick,’ Yellen tells WSJ - January 23, 2023

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Stocks rise; existing home sales fall for 11th month in a row; report finds people spending more of their income on rent; Google’s parent company announces layoffs

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Alphabet’s layoffs is the latest among tech giants; Wayfair cuts 1,750 jobs; Reed Hastings, Netflix’s longtime leader, steps down; Existing home sales fall for 11th month; Data of 37 million T-Mobile customers compromised in hack

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Most economists polled by Reuters believe two 0.25% rate hikes are to come; U.S. announced $2.5 billion in new Ukraine security assistance; Last week’s FAA computer glitch caused by ‘unintentionally deleted’ files - January 20, 2023

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Stocks fall; Treasury Department keeping government funded temporarily; Procter & Gamble sales fall; unemployment claims drop

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The December increase could be tied to a modest drop in interest rates; Procter & Gamble to keep raising prices, confident of consumer spending; Initial jobless claims fall to four-month low; Amazon to end AmazonSmile donation program

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Fed’s Beige Book survey shows declining economic conditions in parts of the country; Fed officials signal benchmark interest rate above 5%; Markets tumble on worrisome economic news - January 19, 2023

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Stocks fall; people spend less on furniture, electronics, gasoline; businesses report that inflation is slowing; Microsoft announces layoffs

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