Morning News: March 9, 2023

America’s $52 Billion Plan to Make Chips at Home Faces a Labor Shortage

How the U.S. Spent $1.4 Trillion in Debt Last Year, Explained With Pennies

Biden’s Budget Would Cut Deficits by $3 Trillion Over 10 Years

CFOs Warily Watch—and Wait—for an Acceleration in Fed Interest-Rate Hikes

Frontier Countries to Suffer Most if Fed Rate Gets to 6%

The Fed’s Struggle With Inflation Has the Markets on Edge

Companies Are Telling Us the Real Reason They’re Still Raising Prices

How ‘Excuseflation’ Is Keeping Prices – and Corporate Profits – High

Biden to Urge 25% Billionaire Tax, Levies on Rich Investors

Even Wealthy Landlords Are Skipping Payments on Office Buildings

Silvergate Bet Everything on Crypto, Then Watched It Evaporate

Baidu Scrambles to Ready China’s First ChatGPT Equivalent Ahead of Launch

Where Musk’s Twitter Gambit Stands, Nearly Five Months In

Instagram Founder Says the Time Has Come for a New Social Network

The Perils of Working on a C.E.O.’s Pet Project

Executives Lose a Coveted Status Symbol—Their Assistants

How One Guy’s Car Blog Became a $1 Billion Marketplace

Adidas Profit Falls 83% After Split With Yeezy

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Posted by on March 9th, 2023 at 7:00 am


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