Top Fed Official, Wary of Inflation, Calls for Extended Rate Pause
Beth M. Hammack, head of the Federal Reserve Bank of Cleveland, says it is too early to gauge the economic impact of the Iran war and backs …
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Paramount-Warner Deal Promises to Shake Up Streaming
The deal would put the combined company in the same league as Disney and Amazon. But Netflix and YouTube will still easily outrank everyone.
He Was a Critic of the N.B.A. Players’ Union. Now He’s Leading It.
Fred VanVleet, a league veteran, has plenty of headaches to deal with. Can he revive trust in the organization?
To Cut Housing Costs, Some States Are Easing Fire Safety Rules
Last year, six states eliminated a fire-safety code requiring apartment buildings taller than three stories to have at least two staircases.…
How the Iran War Is Choking Off the World’s Oil and Gas
One-fifth of the global oil supply and substantial amounts of natural gas travel through the Strait of Hormuz, which has become a no-go zone…
An Epstein Associate Steps Down From Japanese Government Tech Project
Joichi Ito’s involvement in a publicly funded Japanese initiative had come under scrutiny after new details revealed his close relationshi…
Big Lenders’ Risky Loans Are Rattling Wall Street
Lending troubles at Blue Owl Capital and other so-called private credit behemoths are setting off fears of a “bank run,” as one hedge fu…
MrBeast Is Getting Into Financial Services. Parents Should Pay Attention.
Beast Industries has acquired a banklike app for young people and could eventually offer a variety of financial services, including crypto.
Tariffs Confound Small Businesses Again
Chocolate makers and fig-paste importers are facing a tangle of unknowns, including whether to seek refunds for tariffs invalidated by the S…
Automakers’ Dilemma: Invest in New Tech or Stick to Gas Cars?
General Motors, Ford and other established automakers risk becoming relics if they don’t catch up to Chinese carmakers and technology comp…
Global Economy Is Facing the Prospect of Another Profound Shock
A protracted conflict in the Middle East risks a spike in energy prices and broader inflation.
Sales of Heavy Equipment Fall Under Tariff Pressures
An industry report shows high interest rates, fewer infrastructure projects and tariffs pressures have slowed growth and decreased jobs in t…