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Coinbase to Lay Off 18% of Staff Amid Crypto Meltdown

The company says it will reduce its workforce by 1,100 employees as part of its efforts to manage operating expenses during a slump in bitcoin and other cryptocurrencies.

The Wall Street Journal |  | Fuente original

Fed’s Stern Message Amplifies Worries About Stock Valuations

The prospect of faster-than-expected monetary tightening has rattled Wall Street, forcing investors to reassess the stock market.

The Wall Street Journal |  | Fuente original

How the Fed and the Biden Administration Got Inflation Wrong

Officials applied an old playbook to a new crisis. “We fought the last war.”

The Wall Street Journal |  | Fuente original

Fed Likely to Consider 0.75-Percentage-Point Rate Rise This Week

A string of troubling inflation reports is likely to lead Federal Reserve officials to consider surprising markets with a larger-than-expected interest-rate increase at their meeting this week.

The Wall Street Journal |  | Fuente original

Senators Reach Framework for Legislation Addressing Gun Violence

The bipartisan agreement would limit some access to firearms and fund mental-health programs and school security.

The Wall Street Journal |  | Fuente original

Ukraine Fears Defeat in East Without Surge in Military Aid

Russia is advancing in the Donbas region as the U.S. and its allies prepare to discuss new heavy-weapons supplies for Kyiv.

The Wall Street Journal |  | Fuente original

How a D.C. Bureaucrat Amassed Power Over Businesses, Banks and Consumers

Rohit Chopra nominally heads only the Consumer Financial Protection Bureau but has gained substantial clout at the FDIC and FTC as well, embracing tactics some other policy makers view as out of bounds. “Chopra has done more to shape the regulatory-policy agenda than any other regulator during the Biden administration.”

The Wall Street Journal |  | Fuente original