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Markets Slide After Unexpectedly Strong Inflation Report

Wed, 04/10/2024 - 22:17
Stocks fell and bond yields jumped as investors reassessed when the Federal Reserve may begin cutting interest rates.

Housing Costs Continued to Rise Faster than Before the Pandemic

Wed, 04/10/2024 - 21:37
It will be difficult for the Federal Reserve to rein in inflation fully if shelter costs continue to run hot.

AI Is Poised to Replace the Entry-Level Grunt Work of a Wall Street Career

Wed, 04/10/2024 - 21:22
Artificial intelligence tools can replace much of Wall Street’s entry-level white-collar work, raising tough questions about the future of finance.

The Politics of a Steel Deal Hangs Over Biden’s Japan Summit

Wed, 04/10/2024 - 20:36
The president’s effort to court voters in crucial swing states is influencing economic and trade policy, and worrying longstanding allies.

The History Behind Arizona’s 160-Year-Old Abortion Ban

Wed, 04/10/2024 - 20:25
The state’s Supreme Court ruled that the 1864 law is enforceable today. Here is what led to its enactment.

How a Case Against Fox News Tore Apart a Media-Fighting Law Firm

Wed, 04/10/2024 - 20:01
Tensions had been brewing for years inside Clare Locke, a top defamation law firm. Then came the biggest defamation case of them all.

Price of Gold Sets Series of Record Highs, Usually a Sign of Unease

Wed, 04/10/2024 - 14:51
The move has puzzled Wall Street, as it comes as the outlook for the economy has improved and inflation has generally cooled.

¡Vámonos! Dora Is Back for a New Round of Exploring

Wed, 04/10/2024 - 14:32
Boots, Map, Swiper and Backpack all return too, in a new “Dora” that includes a lot more Latin music and Spanish language.

Microsoft and NetEase to Relaunch Warcraft and Other Games in China

Wed, 04/10/2024 - 11:39
The deal between the gaming company Blizzard, now owned by Microsoft, and the Chinese giant NetEase renews a partnership that lapsed more than a year ago.

USPS Proposes Another Stamp Price Increase

Wed, 04/10/2024 - 11:05
If a regulatory body approves, a nearly 8 percent rise in postage will take effect in July. It would be the latest of several price hikes since 2021.

How Ozempic Turned a 1970s Hit Into an Inescapable Jingle

Wed, 04/10/2024 - 00:24
The diabetes drug has become a phenomenon, and “Oh, oh, oh, Ozempic!” — a takeoff of the Pilot song “Magic” — has played a big part in its story.

Michigan Vascular Clinics Shutting Down After Scrutiny

Wed, 04/10/2024 - 00:23
The clinics’ owner, Dr. Jihad Mustapha, who called himself the “leg saver” but whose procedures sometimes preceded amputations, was a focus of a Times investigation last year.

TV Networks to Urge Biden and Trump to Debate, Wading Into a Fraught Topic

Tue, 04/09/2024 - 23:58
Speculation has swirled in the political world about whether the presumptive candidates will agree to the traditional face-to-face events, a campaign staple since 1976.

Why Oil Prices Have Been Rising Recently

Tue, 04/09/2024 - 23:57
The increase this year, prompted by geopolitical worries and supply constraints, has sent gasoline prices higher and could hamper efforts to tame inflation.

FAA Investigates Claims by Boeing Whistle-Blower About Flaws in 787 Dreamliner

Tue, 04/09/2024 - 22:12
The whistle-blower, an engineer, says that sections of the plane’s body are being assembled in a way that could weaken the aircraft over time. Boeing says there is no safety issue.

Higher for Longer After All? Investors See Fed Rates Falling More Slowly.

Tue, 04/09/2024 - 22:09
Investors went into 2024 expecting the Federal Reserve to cut rates sharply. Stubborn inflation and quick growth call that into question.

Biden’s Trade Moves Raise Tensions With China and Japan but Draw Cheers at Home

Tue, 04/09/2024 - 21:49
The president’s efforts to restrict Chinese imports and block a Japanese steel merger have pleased labor unions and sent a message to rival Donald J. Trump.

What Happened When a German Car Factory Went All Electric

Tue, 04/09/2024 - 21:15
Volkswagen’s plant in Zwickau stopped producing Golfs and switched to electric vehicles, illuminating the risks and opportunities for factory towns and cities.

Norfolk Southern Settles an East Palestine Train Derailment Suit for $600 Million

Tue, 04/09/2024 - 20:51
The railroad company will pay residents and businesses in East Palestine, Ohio, and the surrounding area after a derailment last year.

Internet Traffic Dipped as Viewers Took in the Eclipse

Tue, 04/09/2024 - 20:12
Internet traffic dropped by 40 percent or more during the eclipse in states in the path of totality, including Maine, New Hampshire and Ohio, Cloudflare found.

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