- newInvestors Try to Parse Powell and Yellen’s Next Moves on Banks
Jerome Powell, the chair of the Federal Reserve, and Treasury Secretary Janet Yellen said that more must be done to rein in banks. What that looks like is unclear.
- 2 hours ago 23 Mar 23, 6:52am -
- newChina’s Rise Relied on the West. Xi Jinping Is Turning Away.
The Chinese leader has edged ever closer to Russia, while distancing China from countries that have helped it develop over the past four decades.
- 5 hours ago 23 Mar 23, 4:14am -
- newDouble-Barreled Economic Threat Puts Congress on Edge
Republicans and Democrats disagree over how recent bank closures should impact the debt limit stalemate, and have taken divergent lessons from past economic crises.
- 5 hours ago 23 Mar 23, 4:00am -
- newTikTok Claims It’s Limiting Teen Screen Time. Teens Say It Isn’t.
This month, the company announced a new 60-minute “daily screen time limit” for users under 18. But for most young users, staying on the app takes just a few taps.
- 7 hours ago 23 Mar 23, 2:00am -
- newBiden Plan to Cut Billions in Medicare Fraud Ignites Lobbying Frenzy
The Biden administration has proposed changes to how it would pay private Medicare Advantage plans, setting off a lobbying frenzy.
- 11 hours ago 22 Mar 23, 10:16pm -
- newWhy Are Public Restrooms Still So Rare?
Cities in the U.S. and elsewhere have made strides, but challenges remain.
- 11 hours ago 22 Mar 23, 9:35pm -
- newWyoming Judge Temporarily Blocks the State’s New Abortion Ban
Wyoming’s Constitution guarantees a right to make individual health care decisions. The new ban attempts to circumvent that right by declaring that abortion is not health care.
- 13 hours ago 22 Mar 23, 8:12pm -
- newPowell and Yellen Suggest Need to Review Regulations After Bank Failures
Proposals for more scrutiny of the financial sector are meeting resistance from industry and Congress.
- 13 hours ago 22 Mar 23, 7:59pm -
- newThe Fed, Still Inflation-Focused, Raised Rates Amid Bank Uncertainty
Federal Reserve officials raised interest rates by a quarter-point while they noted that bank turmoil could help slow the economy.
- 13 hours ago 22 Mar 23, 7:34pm -
- newChina Approves an mRNA Covid Vaccine, Its First
The homegrown shot is a crucial tool that China has been lacking — a vaccine based on a technology considered among the most effective the world has to offer.
- 14 hours ago 22 Mar 23, 7:19pm -
- newLindsay Lohan and Jake Paul Among Crypto Endorsers Charged by SEC
The agency charged Justin Sun with violations of securities law in a scheme involving the actress Lindsay Lohan and other celebrities.
- 15 hours ago 22 Mar 23, 6:16pm -
- newFox Argues Top Executives Weren’t Involved in Voter Fraud Broadcasts
Lawyers for the company, which faces a $1.6 billion defamation lawsuit, are pushing for a judge to rule in their favor before a trial.
- 15 hours ago 22 Mar 23, 5:44pm -
- newRising Rate of Drug Shortages Is Framed as a National Security Threat
A Senate homeland security committee examined growing health care shortages amid reports of rationing within hospitals.
- 17 hours ago 22 Mar 23, 3:54pm -
- newStocks Drop After Fed Raises Rates
There had been widespread uncertainty about whether the Federal Reserve would continue raising rates after turmoil in the banking industry.
- 17 hours ago 22 Mar 23, 3:49pm -
- newJack Daniel’s-Inspired Dog Toy Provokes Supreme Court Debate
The justices differed about whether the toy, shaped like a bottle of Jack Daniel’s, violated the distiller’s trademark rights or was protected by the First Amendment.
- 17 hours ago 22 Mar 23, 3:47pm -
- new7 Takeaways From the Fed Meeting and Powell’s News Conference
By raising interest rates a quarter-point, the Federal Reserve signaled that it was continuing to fight inflation, but it was holding off an aggressive move that might spook investors.
- 17 hours ago 22 Mar 23, 3:45pm -
- newWhy the Fed’s Decision Matters for Biden
The president is counting on the central bank to strike the right balance on jobs and inflation — and to prevent a spiraling financial crisis.
- 17 hours ago 22 Mar 23, 3:38pm -
- newPacWest Bank Taps Credit Lines After 20% Drop in Deposits
The Los Angeles lender, which has come under scrutiny amid worries about midsize banks, said withdrawals had “stabilized.” It also expressed confidence in its ability to raise cash.
- 18 hours ago 22 Mar 23, 3:18pm -
- newGermany Pushes for Exception in Law Banning Combustion Engines
Berlin and Brussels are scrambling for a solution after Germany calls for allowing cars to run on synthetic fuels. The move could endanger the E.U.’s climate goals.
- 18 hours ago 22 Mar 23, 3:07pm -
- newHow the Banking Crisis Has Had the Same Effect as a Fed Rate Increase
Some analysts say that the banking industry tumult has slowed the economy as banks pull back on lending.
- 19 hours ago 22 Mar 23, 2:01pm -
- newF.A.A. Issues Safety Alert After Runway Near Misses
After a series of high-profile episodes at major airports, the Federal Aviation Administration has taken steps in recent months to address airport safety.
- 19 hours ago 22 Mar 23, 1:52pm -
- newU.K. Inflation Swings Upward, to 10.4 Percent
Prices in Britain reversed a recent downward trend, rising 10.4 percent over the year through February.
- 19 hours ago 22 Mar 23, 1:30pm -
- newWhat Fed Rate Moves Mean for Mortgages, Credit Cards and More
Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.
- 20 hours ago 22 Mar 23, 1:10pm -
- new2023 Abel Prize in Mathematics Honors Luis Caffarelli
The honor, like a Nobel Prize for mathematics, was given this year to Luis Caffarelli for his work on partial differential equations.
- 20 hours ago 22 Mar 23, 12:25pm -
- newConservatives Aim to Build an A.I. Chatbot of Their Own
After criticizing A.I. companies for liberal bias, programmers started envisioning right-wing alternatives, making chatbots a new front in the culture wars.
- 24 hours ago 22 Mar 23, 9:15am -
- UBS Weighs Ending a Plan to Preserve Credit Suisse’s Investment Bank
UBS is weighing whether and how to end a deal that would have preserved most of its rival’s investment bank, as part of its takeover of the ailing Swiss lender.
- 1 day ago 22 Mar 23, 6:47am -
- Where High Interest Rates Have Sent Home Prices Sliding
In Sweden, the central bank’s fight against inflation is crimping economic growth and has contributed to a 15 percent drop in home prices.
- 1 day ago 22 Mar 23, 5:50am -
- Bank Crisis Could Cast Pall Over Commercial Real Estate Market
The market hadn’t fully rebounded from the pandemic. Some worry that another slowdown could add to fears of a recession.
- 1 day ago 22 Mar 23, 4:00am -
- Xi and Putin Bind China and Russia’s Economies Further, Despite War in Ukraine
On the second day of the Chinese leader’s state visit in Moscow, Xi Jinping and Vladimir V. Putin declared an enduring economic partnership, in an effort to insulate their countries from punitive Western measures.
- 1 day ago 22 Mar 23, 1:54am -
- A ‘Rocking Chair Rebellion’: Seniors Call On Banks to Dump Big Oil
Older climate activists gathered in cities around the country for a day of action targeting banks that finance fossil fuel projects.
- 1 day ago 22 Mar 23, 1:38am -
- As War in Ukraine Grinds On, China Helps Refill Russian Drone Supplies
China has shipped more than $12 million in drones to Russia since it invaded Ukraine, in an indication of quiet collaboration between the two.
- 1 day ago 21 Mar 23, 10:17pm -
- Regional Banks and Regulators Try to Soothe Depositors’ Fears
While some executives said money wasn’t being pulled from their small and midsize banks, the “too big to fail” giants attracted business customers.
- 2 days ago 21 Mar 23, 8:24pm -
- Pulling the Plug on TikTok Will Be Harder Than It Looks
The tensions over the Chinese-owned social media app will come to a head on Thursday, when the company’s chief executive testifies on Capitol Hill.
- 2 days ago 21 Mar 23, 7:51pm -
- Fox and Dominion Urge Judge to Rule on Case
At the start of a pretrial hearing for the $1.6 billion defamation trial, the judge said he was still weighing whether to issue a summary judgment.
- 2 days ago 21 Mar 23, 6:10pm -
- The Head Spinning Reality of Venezuela’s Economy
After years of extreme scarcity, some Venezuelans lead lives of luxury as others scrape by. The nation of grinding hardship has increasingly become one of haves and have-nots.
- 2 days ago 21 Mar 23, 4:38pm -
- Stock Markets Rise, Led by Banks, Ahead of Fed Meeting
Relief over recent financial rescue measures pushed stocks up for a second day, as investors prepared for a pivotal decision from the Federal Reserve on interest rates.
- 2 days ago 21 Mar 23, 4:37pm -
- Push to Insure Big Deposits Percolates on Capitol Hill
The government insures only deposits of less than $250,000, but there is precedent for lifting that cap amid turmoil. It could happen again.
- 2 days ago 21 Mar 23, 4:34pm -
- A Big Question for the Fed: What Went Wrong With Bank Oversight?
As the Federal Reserve reviews the failure of Silicon Valley Bank, and Congress prepares for hearings, bank oversight is getting a closer look.
- 2 days ago 21 Mar 23, 4:14pm -
- Why There Is Talk of a Writers’ Strike in Hollywood
TV and movie writers want more money, but Hollywood companies say the demands ignore economic realities. The deadline to sort out those differences is approaching.
- 2 days ago 21 Mar 23, 2:25pm -
- U.S. Is Ready to Protect Smaller Banks if Necessary, Yellen Says
The Treasury secretary pledged that the Biden administration would take additional steps as needed to support the banking system.
- 2 days ago 21 Mar 23, 1:58pm -
- Strains Emerge Inside the Union That Beat Amazon
Nearly a year after its victory on Staten Island, the Amazon Labor Union is grappling with election losses and internal conflict.
- 2 days ago 21 Mar 23, 10:43am -
- Fox News Producer’s Suit Says Network Set Her Up in Dominion Testimony
The producer, Abby Grossberg, said in a pair of lawsuits that the effort to place blame on her and Maria Bartiromo, the Fox Business host, was rooted in rampant misogyny and discrimination at the company.
- 2 days ago 21 Mar 23, 10:18am -
- Candida Auris, a Deadly Fungus, Spread Rapidly During Pandemic, CDC Says
Candida auris, a drug-resistant fungus that health officials hoped to contain is now in more than half the 50 states, according to a new research paper.
- 2 days ago 21 Mar 23, 8:29am -
- Designing Their Own Studios to Meet Demand for Content
Businesses are spending hundreds of thousands of dollars to add in-house production and broadcast facilities to their offices.
- 2 days ago 21 Mar 23, 8:00am -
- Will the Fed Raise Interest Rates During a Banking Crisis?
The central bank’s decision on interest rates on Wednesday is shaping up to be the most consequential of the Jerome Powell era.
- 2 days ago 21 Mar 23, 7:06am -
- Fate of First Republic Bank Hangs in Balance as Shares Plummet Again
A $30 billion cash infusion and a frantic effort to sell a stake in the bank have done little to calm investors.
- 2 days ago 21 Mar 23, 6:18am -
- Sri Lanka Secures $3 Billion Rescue Loan From the IMF
The nation, having weathered negotiations with Japan, India and China, hopes the emergency funds from the International Monetary Fund will see it through its debt crisis.
- 2 days ago 21 Mar 23, 3:05am -
- UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale
Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.
- 2 days ago 21 Mar 23, 1:45am -
- Biden Warns That Climate Change Could Upend Federal Spending Programs
A chapter in the new Economic Report of the President focuses on the growing risks to people and businesses from rising temperatures, and the government’s role in adapting to them.
- 3 days ago 20 Mar 23, 4:55pm -
- Who’s Behind the Judicial Overhaul Now Dividing Israel? Two Americans.
Kohelet, the once-obscure think tank that conceived and now champions a revamped court system, is an American import.
- 3 days ago 20 Mar 23, 4:18pm -