Condé Nast Shutters Self Magazine
The publishing giant is also closing the international editions of Glamour Magazine in Germany, Spain and Mexico.
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Consumers Are Still Spending on Snacks Despite War’s Effects, PepsiCo Says
Executives at the food and drink giant announced a rise in sales of drinks and snacks but warned that “inflation will come.”
Democrats Make Final Push to Delay Confirmation Hearing of Trump’s Fed Pick
Kevin M. Warsh is scheduled to testify on Tuesday despite an ongoing criminal investigation into the chair of the Federal Reserve that stand…
What LIV Golf’s Demise Means for Saudi Influence
The upstart golf circuit couldn’t conquer the sport, despite big spending by Saudi Arabia. Its end signals limits to how much the country …
What the U.S. Blockade Means for Iran’s Economy
Putting a stop to Iranian shipping will further add to Iran’s economic pain, analysts said, but it might not be enough to force concession…
European Airlines Face Fuel Shortages Within Weeks
If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights.
Help for Medicare Advantage Patients Who Lose Doctors Is Shelved, for Now
Nationwide, hospital and providers are leaving private Medicare Advantage plans, putting thousands of seniors at risk of higher costs and th…
Stocks Extend Rally and Oil Prices Stabilize as Investor Optimism Grows
Oil prices stabilized and stocks rose on optimism that diplomatic talks could yield a permanent peace deal.
China’s G.D.P. Stronger Than Expected, Led by Infrastructure Spending
A steep slide in housing prices has left consumers less prosperous and less willing to spend, but the government is pouring money into new r…
Executive Who Led Ford’s Electric Car Push Is Leaving
Doug Field, a former Tesla and Apple executive, had returned to Ford Motor in 2021 to help develop new electric models and software.
Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles
Jerome H. Powell’s term as chair of the Federal Reserve ends on May 15, but it appears increasingly likely that he will stay on in some ca…
Stocks Hit Record High as Wall St. Looks Beyond War
Investors appear to be treating an end to the U.S.-Israeli war with Iran as a foregone conclusion, as the S&P 500 closes above 7,000.