Business

German Inflation Soars to Double-Digits for First Time in Decades..

Consumer prices in Germany rose by double digits in September as energy and food costs soured, leading the government in Berlin to impose a cap on ..

McKinsey Is a Consulting Powerhouse. But Is It a Force for Good..

WHEN MCKINSEY COMES TO TOWN: The Hidden Influence of the World’s Most Powerful Consulting Firm, by Walt Bogdanich and Michael Forsythe In 2002, ..

Porsche Takes Off in Trading Debut..

Shares in the sportscar maker gained on Thursday, outperforming the wider market..

You Can’t Skip This Ad..

Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. Give this articleGive this ..

Physician Burnout Has Reached Distressing Levels, New Research Finds..

Doctors were unevenly affected by the early stages of the pandemic. While emergency physicians and family physicians worked around the clock, ..

Newsom Signs California Bill to Ease Farm Union Voting..

Lorena Gonzalez Fletcher, chief officer of the California Labor Federation, which urged Mr. Newsom to sign the bill, said it was a victory for ..

Bill Plante, CBS News’s Man at the White House, Dies at 84..

Bill Plante, who was one of the leading correspondents for CBS News for more than half a century, covering the civil rights movement, the Vietnam War..

Mysterious Blasts and Gas Leaks: What We Know About the Pipeline Breaks in Europe..

Early this week, three separate leaks were discovered in two giant natural gas pipelines from Russia. The pipelines were filled with the fuel, and the..

Sabotaged Pipelines and a Mystery: Who Did It? (Was It Russia..

Many Western officials and analysts said sabotage would fit neatly into Mr. Putin’s broader Russian strategy of waging war on multiple fronts, ..

Banks Accuse Consumer Regulator of Abuse of Power..

Since George Floyd’s murder by the police in 2020 refocused public attention on racism in the United States, regulators — including those ..

US, Russia Duel Over Leadership of UN Tech Group..

WASHINGTON — The United States and Russia are tussling over control of a United Nations organization that sets standards for new technologies, part of..

In an Echo of History, the British Pound Has Lost Its Dominance..

Over the centuries, British leaders have often gone to extraordinary lengths to protect the pound’s value, viewing its strength as a sign of the..

Protests in Prague Signal a Troubled Winter Ahead in Europe..

PRAGUE — Thousands of protesters flocked into Prague’s Wenceslas Square on Wednesday, demanding the resignation of the government of the Czech ..

Global Markets Wobble as Britain Intervenes to Restore Order..

The yield on the US 10-year Treasury note, a benchmark for borrowing costs for a wide variety of debt, briefly rose above 4 percent for the first time..

Lululemon Hopes to Showcase Home Fitness Business With Membership Program..

Lululemon, the athleisure apparel brand, said on Wednesday that it was expanding the reach of Mirror, its interactive fitness start-up, and making it ..

Bank of England to Buy Bonds to Restore ‘Orderly’ Markets..

The Bank of England said on Wednesday that it would temporarily buy British government bonds, after the new government’s fiscal plans roiled ..

Burberry Names Daniel Lee as Its Chief Creative Officer..

LONDON — Burberry has named Daniel Lee as its new chief creative officer. After months of speculation, the news came less than 48 hours after a runway..

After Pandemic Barriers, Can Hong Kong Recover as a Global Metropolis..

HONG KONG — Luxury storefronts have been replaced by pop-up shops selling masks. Whole floors of skyscrapers are deserted. Streets once crammed with ..

The Crypto World Is on Edge After a String of Hacks..

In essence, Beanstalk allowed people to deposit tens of millions of dollars in virtual currency into a software system, which generated interest and ..

On Portugal’s ‘Bitcoin Beach,’ Crypto Optimism Still Reigns..

LAGOS, Portugal — The Bam Bam Beach Bitcoin bar, on an uncrowded beach in southwestern Portugal, is the meeting place. To get there, you drive past a ..

Alzheimer’s Drug Slows Cognitive Decline in Key Study..

The pharmaceutical companies Biogen and Eisai said on Tuesday that a drug they are developing for Alzheimer’s disease had slowed the rate of ..

Pipeline Breaks Look Deliberate, Europeans Say, Exposing Vulnerability..

“This just drives home the importance of our efforts to work together to get alternative gas supplies to Europe and to support efforts to reduce gas ..

Three Charts That Illustrate America’s Political and Economic Malaise..

Scott Galloway, the entrepreneur, professor and podcaster, has written a book that’s a sort of anti-book. A portrait of America in 100 charts, ..

Texting on Private Apps Costs Wall Street Firms $1.8 Billion in Fines..

US securities regulators have imposed close to $2 billion in fines on more than a dozen financial firms, including eight major Wall Street banks, for ..

Irwin Glusker, 98, Dies; Gave American Heritage Its Distinctive Look..

Life was nearing its end as a weekly magazine, but it did not lack for serious subjects in Mr. Glusker’s time there, including one of the ..

Lawsuit Seeks to Block Biden’s Student Debt Cancellation Plan..

The first legal challenge to President Biden’s plan to wipe out billions of dollars of federal student loans arrived on Tuesday, when a lawyer ..

In a world of chaos, Fed officials are still hoping for a soft landing..

Federal Reserve officials confront a world of rapid inflation, slowing growth and rampant uncertainty coming from turmoil abroad. In spite of all that..

At Car Lots, the Best Deal May Be the Real Estate..

The redevelopment projects are popping up across the nation. In Durham, NC, Hines plans to break ground on the former University Ford lot later this ..

CEO of Celsius, the Crypto Bank, Resigns..

Alex Mashinsky, who founded the cryptocurrency company Celsius Network, which filed for bankruptcy in July, said on Tuesday that he was resigning as ..

British Central Bank Will Have ‘Significant’ Response to Government’s Fiscal Plans..

The new British government’s plan for tax cuts, borrowing and spending will be met with a “significant” response by monetary policy officials, ..

Markets Calm After Recession Fears Drive Step Drops..

Markets around the world tempered on Tuesday after days of worrisome economic news and rising interest rates had driven down shares. After earlier ..

Inflation Has Hit Tenants Hard. What About Their Landlords..

Geography also matters. Even among the largest landlords, those with a presence in Sun Belt cities such as Miami, Tampa, Nashville and Phoenix saw far..

An Israel-Lebanon Border Deal Could Increase Natural Gas Supplies..

Israel and Lebanon have been at war since 1948, but the countries are close to an agreement that could increase production of natural gas, helping ..

A $100 Million Deli? Not So Fast, US Prosecutors Say..

Three men are facing federal charges after US prosecutors accused them of orchestrating a brazen market manipulation scheme, the latest twist in the ..

At Car Lots, the Best Deal May Be the Real Estate..

The redevelopment projects are popping up across the nation. In Durham, NC, Hines plans to break ground on the former University Ford lot later this ..

Currencies around the world are tumbling. Except Bitcoin..

The surging dollar is wrecking stock portfolios, clobbering commodity prices and sinking rival currencies. The British pound has been among the most ..

Dating Apps Thrive in China, but Not Just for Romance..

When Qu Tongzhou, a photography assistant in Shanghai, set out on a long-awaited trip to western China in June, she found the cities she visited to be..

US Suite Over Alliance of American Airlines and JetBlue Goes to Trial..

A Justice Department effort to break up an alliance between American Airlines and JetBlue Airways is set to go to trial in Boston on Tuesday morning, ..

Biogen Agreees to Pay $900 Million to Settle Lawsuit Over Kickbacks..

The pharmaceutical company Biogen has agreed to pay $900 million to settle federal and state claims that it paid kickbacks to physicians to encourage ..

King Charles Bank Notes Won’t Circulate Until Mid-2024..

Currency emblazoned with the image of King Charles III is not expected to enter circulation until mid-2024, the Bank of England said in a statement, ..

Stock markets tumble on another anxious day for investors..

Markets around the world trembled on Monday, extending a losing streak that has been fueled by mounting panic that the global economy is going to take..

The world economy is slowing more than expected, a new forecast shows..

Economies around the world are slowing more than expected, as Russia’s war in Ukraine drives inflation and the cost of energy higher, forcing ..

Dragon Fruit Is Showing Up All Over. So Why Are Farmers Leaving the Business..

HOMESTEAD, Fla. — Dragon fruit, the colorful cactus fruit also known as pitaya, has brought its subtle flavor far and wide this summer, from iced teas..

The Dollar Is Strong. That Is Good for the US but Bad for the World..

The Federal Reserve’s determination to crush inflation at home by raising interest rates is inflicting profound pain in other countries — ..

Federal Government’s $20 Billion Embrace of ‘Climate Smart’ Farming..

The land that Lindsay Klaunig and her partner bought five years ago in southeastern Ohio was ill-suited for farming: 80 acres of highly erosive hills ..

TikTok May Face $29 Million Fine for Failing to Protect Children’s Privacy..

TikTok, the popular video-sharing app, may face a fine of £27 million, or about $29 million, for failing to protect children’s privacy in the ..

Why a Weak British Pound Matters..

The British pound on Monday briefly hit a record low against the dollar, extending losses after Britain’s new government on Friday announced a ..

European Political Turmoil Rolls Global Markets..

Stocks and bonds in Europe and Asia fell on Monday, as did futures in American markets, as developments in Britain and Italy weighed on investors..

British Pound Touches Record Low as Investors Dump UK Assets..

The market’s resounding rejection of the new British government’s plans for tax cuts and borrowing continued Monday as the pound briefly ..

Interpol Issues ‘Red Notice’ for South Korean Crypto Founder Do Kwon..

SEOUL — Interpol has issued a “red notice” for the search and arrest of Do Kwon, the South Korean co-founder of Terraform Labs, the Seoul Southern ..

China Lets Its Currency Weaken Past a Psychological Barrier..

BEIJING — As the euro has fallen below parity with the dollar and the British pound plunges toward a one-for-one exchange rate as well, another ..

For China’s Auto Market, Electric Isn’t the Future. It’s the Present..

Zhang Youping, a Chinese retiree, purchased an all-electric, small sport-utility vehicle from BYD — China’s largest electric vehicle maker — at ..

Asia (Much of It, Anyway) is Back. And So Are Deals for Hotels, Cruises, Tours and More..

The Asia travel pause at Kensington Tours, where monthly sales figures were recently up 80 percent over the same period in 2019, is officially over. ..

Factory Jobs Are Booming Like It’s the 1970s..

Ed Gresser, the vice president of trade and global markets at the Progressive Policy Institute, a left-leaning think tank, said that the United States..

Asian markets tumble and the pound slumps as Britain’s economic plan startsles investors..

LONDON — Britain’s new prime minister, Liz Truss, gambled on Friday that a heavy dose of tax cuts, deregulation and free-market economics would ..

Inflation May Save You Money on Your Taxes..

“If it wasn’t adjusted, they would say, ‘What the heck happened on my tax return?'” he said. “That’s a big tax increase..

The Week in Business: The Fed Hits the Brakes..

What’s Up? (Sept. 18-24) Central Banks Forge Ahead At the Federal Reserve’s much-anticipated meeting on Wednesday, policymakers announced ..

Kyoto Wants You Back, But It Has Some Polite Suggestions..

In the months before March 2020, the food sellers in Kyoto’s Nishiki market often wished for an end to the seemingly endless stream of photo-..

While You’re in the Air, Pilots’ Key Partners May Be Working From Home..

“That’s our No. 1 concern in expressing this to the membership — you’re putting yourself on an island,” he said. “That license in your ..

Whatever Happened to the Starter Home..

Today in some parts of the country there is hardly anything on the market for under $300,000 resembling the American starter home of the last 70 years..

This Surveillance Artist Knows How You Got That Perfect Instagram Photo..

David Welly Sombra Rodrigues, a 35-year-old French teacher, loves to travel. After the pandemic forced him to offer his language lessons virtually, he..

LinkedIn Ran Social Experiments on 20 Million Users Over Five Years..

LinkedIn ran experiments on more than 20 million users over five years that, while intended to improve how the platform worked for members, could have..

Millennials Want to Retire at 50. How to Afford It Is Another Matter..

Although Devangi Patel, 33, has been working as a cardiothoracic anesthesiologist at a large medical center outside Atlanta for only two years, her ..

Silicon Valley Had Its Heyday. Can Tech Ecosystems Now Grow Inland..

I’ve heard some concern, particularly when the Supreme Court decision [overturning Roe vs. Wade] was made. But I have not heard of any specific ..

Silicon Valley Slides Back Into ‘Bro’ Culture..

SAN FRANCISCO — Last month, Mark Zuckerberg spent hours touting his love of jiujitsu, wrestling and UFC on Joe Rogan’s podcast, which is known ..

The Discount Data That Some Colleges Won’t Publish..

By now, many people shopping for college have gotten the message that not everyone pays the list price. But what percentage do get some kind of ..

Companies Fined $325,000 for Selling Pesticide to Fight Coronavirus, EPA Says..

Two New Jersey-based companies have agreed to pay a total of $325,000 in fines for selling a pesticide that federal officials say was falsely marketed..

Pandemic Unemployment Fraud Estimate Rises to $45.6 Billion..

A federal watchdog investigating the distribution of pandemic relief funds has tripled its estimate of the amount of money paid out in unemployment ..

As Trump’s Legal Woes Mount, So Do Financial Pressures on Him..

The New York attorney general’s fraud lawsuit that was filed on Wednesday against former President Donald J. Trump seeks to recover $250 million..

Boeing Reaches $200 Million Settlement With Regulators Over Its 737 Max..

Boeing reached a $200 million settlement with US securities regulators on Thursday to resolve an investigation into claims that the aircraft ..

Central Banks Accept Pain Now, Fearing Worse Later..

A day after the Federal Reserve lifted interest rates sharply and signaled more to come, central banks across Asia and Europe followed suit on ..

Pandemic Unemployment Fraud Estimate Is Raised to $45.6 Billion..

A federal watchdog investigating the distribution of pandemic relief funds has tripled its estimate of the amount of money paid out in unemployment ..

Japan Intervenes to Prop Up the Sliding Yen..

Japan announced on Thursday that it had intervened to prop up the value of the yen for the first time in 24 years, seeking to stanch the currency&#..

Marry Now, Pay Later: New Services Put Weddings on Installment..

Angela Millin, like many brides-to-be, quickly began planning her wedding after becoming engaged in April 2021. At the top of the to-do list was ..

World Bank Leader, Accused of Climate Denial, Offers a New Response..

The president of the World Bank, David Malpass, on Thursday tried to restate his views on climate change amid widespread calls for his dismissal after..

In Mississippi, Welfare for the Well-Connected as a Scandal Spreads..

As he became further enmeshed in a scheme that diverted federal welfare money to build a volleyball stadium that cost more than $5 million at the ..

FDA Warning on NyQuil Chicken Alerts Many to Existence of NyQuil Chicken..

A truism of the internet, central to the work of researchers who study the spread of dangerous trends and misinformation, holds that attempting to ..

4-Day Workweek Brings No Loss of Productivity, Companies in Experiment Say..

Most of the companies participating in a four-day workweek pilot program in Britain said they had seen no loss of productivity during the experiment, ..

Japan Intervenes to Prop Up the Sliding Yen..

Japan announced on Thursday that it had intervened to prop up the value of the yen for the first time in 24 years, seeking to stanch the currency&#..

Bank of England Raises Interest Rates by Another Half a Point..

As Britain goes through a period of vast change, with a new government and new monarch, the central bank is continuing its efforts to stop high ..

Andy Byford, Ex-MTA Leader, Steps Down as London Transport Commissioner..

Andy Byford, who rose to prominence during a high-profile stint as New York City’s subway chief, announced his resignation as the head of London..

Bad News From the Fed? We’ve Been Here Before..

The Federal Reserve’s decision to raise interest rates again is hardly a positive development for anyone with a job, a business or an investment..

Thrifty Strategies for Senior Travelers..

Not all age-related deals are equal. Here are some perks to look for and pitfalls to avoid, along with tips on how to stretch your budget..

The Fed Intensifies Its Battle Against Inflation..

Federal Reserve officials, struggling to contain the most rapid inflation in 40 years, delivered a third straight supersize rate increase on Wednesday..

CEO of Kraken, the Cryptocurrency Exchange, Steps Down..

Jesse Powell, a founder of the cryptocurrency exchange Kraken, is stepping down as chief executive. Mr. Powell will be replaced by Dave Ripley, the ..

How to Read the Fed’s Projections Like a Pro..

Federal Reserve officials released both an interest-rate decision and a fresh set of economic projections on Wednesday, estimates that Wall Street was..

TikTok Bans Political Fund-Raising Ahead of Midterms..

Less than two months before the midterm elections, TikTok is blocking politicians and political parties from fund-raising on its platform. In a blog ..

Fed Prepares Another Large Rate Increase to Fight Inflation..

Federal Reserve officials are set to release both an interest rate decision and a fresh set of economic projections on Wednesday, and Wall Street is ..

What Fed Rate Increases Mean for Mortgages, Credit Cards and More..

As the Federal Reserve has lifted its key interest rate several times this year, Americans have seen the effects on both sides of the household ledger..

John Train, Paris Review Co-Founder and Cold War Operative, Dies at 94..

One day, while John Train was a graduate student in comparative literature at Harvard University, he encountered in an issue of Collier’s ..

Inflation Is High. How Will Rate Increases Fix That..

The Federal Reserve has been raising interest rates as it races to tamp down rapid inflation. These moves have a lot of people wondering why rate ..

How to Read the Fed’s Projections Like a Pro..

In the Fed’s last set of projections, officials saw unemployment rising to 4.1 percent in 2024. (September is the first set of projections that ..

German Government Nationalizes Uniper in Move to Secure Energy Supply..

BERLIN — The German government on Wednesday announced that it was taking over Uniper, previously the country’s largest importer of Russian gas, ..

UK Cuts Energy Bills for Companies Through Winter..

The British government announced details of a plan on Wednesday to cut energy costs for companies over the winter, after industry groups warned that ..

‘We’re on That Bus, Too’: In China, a Deadly Crash Triggers Covid Trauma..

After a bus accident killed at least 27 people being transferred to a Covid quarantine facility on Sunday, the Chinese public staged a widespread ..

How a Looming Oil Ban Could Devastate a Small Italian City..

Like thousands of Sicilians who live near Priolo Gargallo, part of an industrial petrochemical hub on this island’s southeastern coast, Davide ..

What’s Next for Profits? Cars Shed Light on a Key Inflation Question..

In a recent speech pointedly titled “Bringing Inflation Down,” Lael Brainard, the Federal Reserve’s vice chair, zoomed in on the automobile ..

US Gas Prices End Streak of Declines Just Short of 100 Days..

A 99-day stretch of declines in the average US national gasoline price came to an end on Wednesday, a sign that the effect of falling fuel costs, ..

European Interest in China Investments Wanes..

BEIJING — European corporate investment in China, a key source of Western technology and capital since China began opening up its economy four decades..

Bill, Hillary and Chelsea Clinton return to Center Stage. Their Own..

Donna Shalala, the former Health and Human Services secretary and former president of the Clinton Foundation, said in an interview that they ended the..