19th July 2022

  • Apple to Slow Hiring and Spending for Some Teams Next Year

Company won’t backfill roles or add new staff in certain cases

Apple’s tech rivals take similar steps as recession looms

https://blinks.bloomberg.com/news/stories/RF8G2TDWLU68

  • Quarles Says Fed Should Have Hiked Rates Before Taper Finished

Officials wanted to telegraph plan for asset purchases

Quarles says in hindsight, raising rates ‘would’ve been wise’

https://blinks.bloomberg.com/news/stories/RF86OGDWRGG0

  • Oil Holds Above $100 as Traders Weigh Tight Market, OPEC+ Limits

Iraqi minister forecasts prices will remain elevated for years

Pipeline disruption reduces flows of Canadian crude to the US

https://blinks.bloomberg.com/news/stories/RF94VXDWLU68

  • Yellen Touts ‘Friend-Shoring’ as Global Supply Chain Fix

Treasury chief assails China’s ‘unfair trade practices’

LG companies plan to invest $11 billion in US by 2025

https://blinks.bloomberg.com/news/stories/RF8WYIDWRGG0

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