Business

E.C.B. Holds Rates Steady as Markets Look for Hints on First Cut

It was the fifth consecutive decision by the eurozone’s central bank to leave rates untouched, as inflation closes in on…

Axios Sees A.I. Coming, and Shifts Its Strategy

“The premium for people who can tell you things you do not know will only grow in importance, and no…

Soft Landing or No Landing? Fed’s Economic Picture Gets Complicated.

Stubborn inflation and strong growth could keep the Federal Reserve wary about interest rate cuts, eager to avoid adding vim…

The Worst Part of a Wall Street Career May Be Coming to an End

Artificial intelligence tools can replace much of Wall Street’s entry-level white-collar work, raising tough questions about the future of finance.

Inflation Was Hotter Than Expected in March, Unwelcome News for the Fed

The surprisingly stubborn reading raised doubts about when — and even whether — the Federal Reserve will be able to…

Ohtani’s Former Interpreter Is Said to Be Negotiating a Guilty Plea

Ippei Mizuhara stands accused of covering his gambling debts by stealing millions of dollars from Shohei Ohtani’s bank account.

Is the Boom-and-Bust Business Cycle Dead?

There is a growing view that the U.S. business cycle has changed (for better) in a more diversified economy. To…

Driven by China, Coal Plants Made a Comeback in 2023

The country, along with India, is still building power stations that run on coal. Elsewhere, retirements of older plants have…

Why Is Ocean Heat Smashing Records? It’s More Than Just Climate Change.

There have been record temperatures every day for more than a year. Scientists are investigating what’s behind the extraordinary measurements.

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

Last April, dozens of lawyers and their guests gathered at the Columbus Inn in Wilmington, Del. The revered restaurant, with…

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