February 2023

Some economists think that Fed Chairman Jerome Powell will want to push back against expectations the central bank is almost done with rate hikes. Source

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The U.S. information sector saw the biggest increase in what employers pay in wages for the last quarter of 2022 at 1.6%. Source

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President Joe Biden is under pressure to end the national emergencies for addressing COVID as Republicans refuse to cough up funds for testing and vaccines. Source

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Investors pushed a turnaround following a dismal 2022. Next: another Federal Reserve decision on interest rates Source

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Chief Executive Dan Schulman announced the layoffs, which will affect about 2,000 PayPal employees, in an email to the staff Tuesday afternoon. Source

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