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Updated: 3 hours 59 min ago

He Paid $13 for $13,000 Cartier Earrings, and Then the Jeweler Noticed

3 hours 59 min ago
When Rogelio Villarreal bought rose-gold earrings for a price that the luxury retailer said was a mistake, he looked to a Mexican consumer protection law.

Michael C. Jensen, Who Helped Reshape Modern Capitalism, Dies at 84

4 hours 22 min ago
He heralded stock options and golden parachutes as a professor at Harvard Business School, influencing a generation of Wall Street executives.

U.S. Investigating Tesla Recall of Autopilot

4 hours 26 min ago
The National Highway Safety Administration said it had concerns about how Tesla handled the recall based on recent crashes and testing of cars that had been updated.

Biden Delays Ban on Menthol Cigarettes

4 hours 37 min ago
The proposal had been years in the making, in an effort to curb death rates of Black smokers targeted by Big Tobacco. In an election year, the president’s weak support among Black voters may have influenced the postponement.

How High Wall Street Thinks the Fed Will Keep Interest Rates

Fri, 04/26/2024 - 23:46
Stubborn inflation has led traders to forecast far fewer rate cuts by the Federal Reserve than just a few months ago.

Exxon Mobil and Chevron Report Lower Earnings

Fri, 04/26/2024 - 23:37
Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were squeezed by lower profitability for refining crude and falling natural gas prices.

With Inflation This High, Nobody Knows What a Dollar Is Worth

Fri, 04/26/2024 - 22:15
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.

Stubborn Inflation Could Prod Fed to Keep Rates High for Longer

Fri, 04/26/2024 - 22:11
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.

Americans Went All-In on Self-Storage. That Demand Is Suddenly Cooling.

Fri, 04/26/2024 - 20:26
Many developers, spurred by the pandemic to invest money in new self-storage facilities, have been caught short by this drop in demand.

Louisiana Will No Longer Require Students to Fill Out FAFSA to Graduate

Fri, 04/26/2024 - 18:30
Experts say high school seniors are more likely to go to college if they complete the financial aid form, but the state sees privacy issues with mandating it.

Daimler Truck Workers in North Carolina Are Poised to Strike

Fri, 04/26/2024 - 18:21
A walkout by employees who make Freightliner trucks and Thomas Built buses would expand the U.A.W.’s campaigns in the South.

Would Trump Move to Control the Fed?

Fri, 04/26/2024 - 17:50
Allies of the former president are said to be devising plans to reduce the central bank’s independence if he is re-elected, a move that would have big consequences for monetary policy.

Xi Is Meeting Blinken With Tough Issues on the Agenda

Fri, 04/26/2024 - 13:17
The direct meeting with China’s leader is a sign of continued effort to ease tensions, but officials expect little progress on core issues like Taiwan, trade and Chinese support of Russia.

What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.

Fri, 04/26/2024 - 09:30
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.

Deepfake of Baltimore Principal Leads to Arrest of School Employee

Fri, 04/26/2024 - 06:39
A high school athletic director in the Baltimore area was arrested after he used A.I., the police said, to make a racist and antisemitic audio clip.

The Onion Sold by G/O Media

Fri, 04/26/2024 - 04:50
The satirical news website was bought by a new firm in Chicago that took inspiration for its name, Global Tetrahedron, from a book written by The Onion’s staff.

One in Five Milk Samples Nationwide Shows Genetic Traces of Bird Flu

Fri, 04/26/2024 - 04:46
There is no evidence that the milk is unsafe to drink, scientists say. But the survey result strongly hints that the outbreak may be widespread.

Microsoft Reports Rising Revenues as A.I. Investments Bear Fruit

Fri, 04/26/2024 - 04:18
The tech giant’s quarterly results included strong growth in cloud computing, fueled by its services in generative artificial intelligence.

The National Enquirer’s Parent Company Struggles To Find A Buyer

Fri, 04/26/2024 - 01:00
The parent company of The Enquirer, the tabloid now famous for its ties to former President Donald J. Trump, has tried repeatedly to sell the publication. It hasn’t been easy.

A Chinese Firm Is America’s Favorite Drone Maker. Except in Washington.

Fri, 04/26/2024 - 00:44
U.S. authorities consider DJI a security threat. Congress is weighing legislation to ban it, prompting a lobbying campaign from the company, which dominates the commercial and consumer drone markets.

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