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Macy’s Sales Plummeted in 2020, Highlighting Pandemic’s Toll on Retail

Wed, 02/24/2021 - 02:11
The department store chain said that sales fell to $17.3 billion in the year that ended on Jan. 30, and that it posted a net loss of $3.9 billion.

Gov. Phil Murphy Unveils N.J. Budget Plan With No New Taxes

Wed, 02/24/2021 - 01:37
A $44.8 billion spending plan unveiled Tuesday by Gov. Phil Murphy calls for no new taxes and fully funds the state pension program for the first time since 1996.

Ahmed Zaki Yamani, Former Saudi Oil Minister, Dies at 90

Tue, 02/23/2021 - 19:45
As Saudi Arabia’s powerful oil minister, he was architect of the Arab world’s drive to control its own energy resources in the 1970s.

As Buildings’ Life Spans Shrink, Developers Try to Adjust

Tue, 02/23/2021 - 19:30
Industry experts are starting to take heed as disruptions from the pandemic and changing technological needs are hastening the demise of commercial real estate developments.

Recent Commercial Real Estate Transactions

Tue, 02/23/2021 - 19:30
Recent commercial real estate transactions in New York.

Women in Economics Face Hostility When Presenting Research

Tue, 02/23/2021 - 18:41
Studies have found that the field is plagued by a singular problem of gender bias. The latest evidence comes from the types of questions posed at seminars.

What Janet Yellen's Policy Priorities Look Like

Tue, 02/23/2021 - 18:38
The Treasury secretary speaks on debt, taxes, cryptocurrencies and more.

A Digital Firewall in Myanmar, Built with Guns and Wire Cutters

Tue, 02/23/2021 - 18:11
As the military seized power again, the generals moved quickly to take the country offline, criminalize online dissent and block social media.

Janet Yellen on Jobs, Debt, Taxes, Climate and Cryptocurrency

Tue, 02/23/2021 - 16:55
The Treasury Secretary dropped hints about her priorities — if you know how to interpret them.

Future Vaccines Depend on Test Subjects in Short Supply: Monkeys

Tue, 02/23/2021 - 16:53
The pandemic has highlighted the United States’ dependence on China for research animals, reviving calls for a “strategic monkey reserve.”

What the Bond Market Is Telling Us About the Biden Economy

Tue, 02/23/2021 - 15:30
A recent rise in interest rates hints that a recovery is on the way, but it could also mean harder choices ahead on spending.

A.I. Is Everywhere and Evolving

Tue, 02/23/2021 - 15:30
Many of us already live with artificial intelligence now, but researchers say interactions with the technology will become increasingly personalized.

Facebook Strikes Deal to Restore News Sharing in Australia

Tue, 02/23/2021 - 13:04
The agreement means users and publishers in Australia can once again share links to news articles, after Facebook had blocked the practice last week.

Slate Suspends Mike Pesca of "The Gist" After Debate Over Racial Slur

Tue, 02/23/2021 - 09:40
Mike Pesca of “The Gist” said he was suspended after defending, in a Slack discussion with colleagues, the use of the slur in some contexts.

Adam Neumann of WeWork and SoftBank Are in Settlement Talks

Tue, 02/23/2021 - 07:31
A legal dispute has been a key hurdle to taking WeWork public.

Pratt & Whitney Engines Scrutinized After Boeing Jet Mishaps

Tue, 02/23/2021 - 07:20
Regulators are investigating episodes involving Pratt & Whitney equipment that rained debris from planes and forced emergency landings.

Trump’s Tax Returns Are ‘One Piece of the Puzzle.’ Prosecutors Are Getting More.

Tue, 02/23/2021 - 06:32
For all that they reveal, tax returns have limitations. Other records from the former president’s accountants may help give a fuller picture of his finances.

Biden Changes P.P.P. Rules for Self-Employed People

Tue, 02/23/2021 - 05:23
A more generous loan formula for solo ventures is meant to get more very small businesses into the Paycheck Protection Program. But bigger applicants face a two-week pause.

Researchers Halt Trial of Promising Sickle Cell Treatment

Tue, 02/23/2021 - 05:23
Two patients in a gene therapy study developed cancer years after treatment. It is not clear whether the therapy was responsible.