FDIC Chairman Gruenberg recanted a denial made before a House panel that he had ever been investigated, saying he was interviewed in 2008. https://ift.tt/XdvGeYl

Target’s earnings grew 36% in the third quarter even as sales fell, with choosy shoppers reducing spending on some products and visiting stores less often. https://ift.tt/O6qzvNI

Activist fund ValueAct has accumulated a stake in Disney and initiated a dialogue with the entertainment giant’s board. https://ift.tt/AK0ryGF

A majority of workers at GM’s largest U.S. factory voted in favor of a tentative contract with the UAW, bolstering the deal’s chances for approval. https://ift.tt/Uxa2mCG

The U.S. economy is approaching what most economists had thought either unlikely or impossible: inflation returning to its prepandemic norm without a recession or even much economic weakness, a so-called soft landing. https://ift.tt/Gp6xn3c

Internet service providers will have their business practices scrutinized for “digital discrimination” based on income or race under a regulation adopted by the FCC, raising legal risks for some of the most powerful U.S. companies. https://ift.tt/YLlFMpJ

Consumers cut their spending at stores, dealerships and gas stations last month, tapping the brakes on economic growth ahead of the holiday shopping season. https://ift.tt/zrEqNSt

Growing evidence of a cooling economy again helped push stocks higher, lifting the S&P 500, Dow and Nasdaq by 0.2%, 0.5% and 0.1%, respectively. https://ift.tt/beA7qJ5

Covid’s Biggest Economic Winner is Running Out of Steam https://ift.tt/jbyT1aG

Global Fight Against Inflation Turns a Corner https://ift.tt/7eqKWOa