Investments and Business

February 5, 2024

Fed Chair Powell Says Officials Need More ‘Good’ Data Before Cutting Rates

Kyle C. Garrison

Jerome H. Powell, the chair of the Federal Reserve, made clear during a “60 Minutes” interview aired on Sunday night that the central bank is moving toward cutting interest rates…

Investments and Business

February 3, 2024

How Much for Thin Mints? Some Girl Scouts Raise Cookie Prices.

Kyle C. Garrison

As if sticker shock in grocery stores hasn’t been enough, inflation has hit another consumer favorite: Girl Scout cookies.When Girl Scouts in New York start their annual cookie sales this…

Investments and Business

February 1, 2024

Walmart to Add 150 U.S. Stores in Five-Year Expansion Drive

Kyle C. Garrison

Walmart will add 150 stores in the United States over the next five years, a major expansion drive for the retail giant.The company said the move, which it announced in…

Investments and Business

January 31, 2024

N.C.A.A. Investigates Booster Club Funding for College Sports

Kyle C. Garrison

The N.C.A.A. is investigating the University of Tennessee’s football program for recruiting violations involving a group of outside donors, signaling an escalation of efforts to rein in the growing influence…

Investments and Business

January 29, 2024

Private Equity Is Starting to Share With Workers, Without Taking a Financial Hit

Kyle C. Garrison

In 2018, Anna-Lisa Miller was working with agricultural cooperatives in Hawaii, helping them reinvest in their communities through shared ownership.Ms. Miller, who had gone to law school and had planned…

Investments and Business

January 27, 2024

Los Angeles Times Owner Clashed With Top Editor Over Unpublished Article

Kyle C. Garrison

When Dr. Patrick Soon-Shiong, the billionaire owner of The Los Angeles Times, hired Kevin Merida to be the newspaper’s top editor nearly three years ago, he hailed the journalist as…

Investments and Business

January 26, 2024

Airlines Hoping for More Boeing Jets Could Be Waiting Awhile

Kyle C. Garrison

Boeing hoped 2024 would be the year it would significantly increase production of its popular Max jets. But less than a month into the year, the company is struggling to…

Investments and Business

January 24, 2024

Netflix is Said to License ‘Sex and the City’ From HBO

Kyle C. Garrison

HBO is renting out one of its most valuable series to Netflix.Every season of “Sex and the City,” the HBO comedy that aired from 1998 to 2004, will begin streaming…

Investments and Business

January 22, 2024

War Has Already Hurt the Economies of Israel’s Nearest Neighbors

Kyle C. Garrison

In the Red Sea, attacks by Iranian-backed Houthi militants on commercial ships continue to disrupt a crucial trade route and raise shipping costs. The threat of escalation there and around…

Investments and Business

January 20, 2024

The U.S. Seems to Be Dodging a Recession. What Could Go Wrong?

Kyle C. Garrison

With inflation falling, unemployment low and the Federal Reserve signaling it could soon begin cutting interest rates, forecasters are becoming increasingly optimistic that the U.S. economy could avoid a recession.Wells…

Investments and Business