While he did not give a reason, he has faced renewed scrutiny about trades he made in 2020 as the central bank was poised to rescue financial markets.
31, 2022, I am writing to inform you that it is my intention to resign from the board on Jan.
The New York Times reported last week that Mr. Clarida had corrected his 2020 financial disclosures in late December.
His initial disclosures noted only the purchase of the stock fund, which the Fed explained as a portfolio rebalancing.
Mr. Powell and his colleagues have revamped the central bank’s ethics guidelines — in October releasing plans to overhaul them and prevent many types of financial activity, including trading during times of turmoil.
WASHINGTON — The federal tax filing season will run from Jan.
would struggle to promptly answer telephone calls from taxpayers with questions and that a lower level of service should be expected.
Her appointment is the first big move by Axel Springer, the German publishing giant, since it bought Politico Media Group last year for more than $1 billion.
She is making the move after two years as the chief executive of New York Public Radio, which owns WNYC, WQXR and Gothamist.
For much of the pandemic, shares of tech companies have shown impressive immunity to economic worries, soaring to new heights as Silicon Valley giants reported record earnings.
That fall has left that index, which is seen as a proxy for the tech sector, down more than 9 percent from a high in November, and within 1 percent of entering a correction, which is defined on Wall Street as a drop of more than 10 percent.
Many tech company shares, including ones that appeared to be early pandemic winners, have fallen far more.
Even Tesla, which last week reported that its sales of vehicles rose 87 percent in 2021, far outpacing other automakers, has seen is stock drop nearly 20 percent from its November high.
Activision has been sued by California for discrimination against women employees and has faced allegations of workplace harassment, leaving in doubt the future of its chief executive and longtime leader, Bobby Kotick.
But a large part of the tech stock drop, and the recent reversal of the market in general, appears to be tied to the possibility that the Federal Reserve will raise interest rates sooner than expected.
What’s more, many technology stocks trade at high valuation because of fast growth and expectations that they will produce significant profits in the future.
The S&P 500, a broad gauge of the market, fell more than 1.7 percent on Monday, nearly matching its drop of 1.9 percent for all of last week.
Mr. Ives said that he thought the sell-off was just a pause, and not the end of a rise in tech stocks, but he added that investors should expected more volatility.
Overall, the profit picture for corporate America remains quite strong.
Delta Air Lines, which along with rivals canceled thousands of flights in the past month because of weather and Covid-related staffing problems, will be among the first large companies to report earnings on Thursday.
Adding Zynga’s stable of app developers is meant to help Take-Two roll out more smartphone versions of its popular titles.
The company stumbled as the mobile gaming industry shifted away from social media and toward apps like Clash of Clans and Candy Crush.
A Google spokeswoman, Jennifer Rodstrom, said in a statement on Monday that the matter had nothing to do with unionization but was about employees breaching security protocols.
Judge Bogas ruled in November that Google had improperly characterized 71 of 80 documents sought by the former employees as privileged.
Google must hand over nearly all of those 200 documents, Judge Bogas ruled.
The lawyer proposed that the company find a “respected voice” to publish an editorial about what a union would look like in a tech workplace to discourage employees of Facebook, Microsoft, Amazon and Google from forming one.
Ms. Ginsberg, a former international correspondent and business journalist at Reuters, is the chief executive of Internews Europe, a nonprofit organization that supports independent media.
She will replace Joel Simon, who led the Committee to Protect Journalists for 15 years before announcing last year that he was stepping down.
“We wanted to find someone who had experience as a journalist and as an advocate,” Kathleen Carroll, the chair of the Committee to Protect Journalists, said in an interview.
“Journalists help hold power to account, expose corruption and injustice and shine a spotlight on the most important issues of our day — from health to climate to social change,” Ms. Ginsberg said in a statement.
According to a census by the organization, the number of journalists jailed for doing their job hit 293 in 2021, a record.
The longtime NPR star, who had been a host of “All Things Considered” since 2012 and was a 17-year veteran of the public broadcaster, will host a weekly show for CNN+, as well as contribute to the streaming service’s slate of live programming, the network announced on Monday.
Ms. Cornish addressed the issue in a Twitter thread on Thursday.
Last week, CNN announced it had hired Alison Roman, the author of a popular cooking newsletter, to host a “highly opinionated and never finicky” cooking show for the planned streaming service.
Energy prices have soared across Europe over the past few months, straining household budgets and unnerving politicians.
But governments shouldn’t roll back or slow down transition measures in the face of higher prices, she added.
Energy prices were 26 percent higher than they were a year earlier.The European Central Bank has held interest rates at record lows and made a plan to slow, but not stop, its bond-buying programs because it expects inflation to be once again below its 2 percent target by next year.
The Fed has become embroiled in a scandal over the transactions, which occurred in the months around its no-holds-barred market rescue at the outset of the pandemic, raising the possibility that policymakers could have financially benefited from the information they held and the decisions they were making.
Mr. Powell, who was nominated for a second term as chair by President Biden, will almost surely face questions about the Fed’s ethics dilemma at his confirmation hearing on Tuesday before the Senate Banking Committee.
Mr. Clarida amended his disclosures in late December, and the document showed that he had moved out of a stock fund as the markets were plunging during the pandemic.
About 5,000 flights were canceled from Friday through Sunday, according to FlightAware, a data tracking service, with the daily number of cuts declining steadily over that period.
The turmoil began before Christmas, caused by bad weather in the West and staff shortages because of virus outbreaks among employees.
To deal with staffing shortages, many carriers have started offering extra pay to those who were otherwise not scheduled to work.
The chaos comes at a frustrating time for the industry, which is preparing for a significant rebound this summer.
The Golden Globes, which traditionally kick off the award show season, were not televised on Sunday night because of ethical issues surrounding the group that gives out the awards.
The undercutting of an effective form of advertising comes at a time when the industry desperately needs it, and it has the movie business reconsidering its fate in a year that was supposed to signal a return of Hollywood’s glamour, Nicole Sperling reports for The New York Times.
If the Hollywood hype machine loses steam, it could prove devastating to the box office, which has struggled with each rise in coronavirus cases.
Movies with midsize budgets are particularly vulnerable, given their reliance on word of mouth and awards to spread awareness.
“The movie business is this gigantic rock, and we’re close to seeing that rock crumble,” said Stephen Galloway, the dean of Chapman University’s Dodge College of Film and Media Arts.
Delta earnings: The airline is set to publish its financial performance report for the three months ending in December as it faces new staffing challenges posed by the Omicron variant of the coronavirus.
Bank earnings: JPMorgan Chase, Citigroup and Wells Fargo are set to publish their earnings reports for the fourth quarter.
The Internal Revenue Service is sending special statements to the millions of Americans who received monthly payments of the expanded child tax credit last year as part of the pandemic relief program.
Letter 6419, details the total amount of advance payments paid last year and how the amount was calculated.
The third batch of checks, of $1,400 per person, was sent beginning in March as part of the pandemic relief effort.
Most eligible people have already received the payments.
As companies weighed when to return to the office, whether to require coronavirus vaccines and what sort of exemptions from those rules to allow, it was often H.R.
About 17 percent of American employers were requiring vaccinations or negative virus tests for employees returning to the office, according to a Gallagher survey of more than 500 employers conducted between August and October.
The Centers for Disease Control and Prevention has not updated its definition of “fully vaccinated” but said that being “up to date” on vaccination includes a booster.
Then there’s the tug of war over return to office plans, with the pull of executives eager to see workers in person meeting the push of soaring Covid case counts.