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Everything about Meta’s Leadership

Everything about Meta’s Leadership

Inflation is higher, the labor market tighter and real rates more negative than in past periods when the Federal Reserve raised interest rates without causing a recession.

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Executives are scattering to locations far from the Facebook parent’s Silicon Valley headquarters, working from Hawaii, Cape Cod and Europe.

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Rate rises in the U.S. have led to emerging market financial crises in the past and might this time too, but don’t worry so much about the usual suspects.

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Fed Chairman Jerome Powell said the central bank supported innovation in digital financial products but warned it is easy to see the risks of certain new technologies, including cryptocurrencies.

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In the country’s zeal to quickly stamp out new infections, the drill has been to hospitalize every Covid-19 case and quarantine “close contacts”—a policy that is starting to wreak havoc on medical resources.

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