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With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.Business -
Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.Business - Federal Reserve -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.Business -
For Fox News and Conservative Media, Student Protests Are a Familiar Target
On Fox and in other conservative outlets, the protests have given new lease to a long-running argument that students at elite universities are intolerant of conservative views.Business -
Americans Went All-In on Self-Storage. That Demand Is Suddenly Cooling.
Many developers, spurred by the pandemic to invest money in new self-storage facilities, have been caught short by this drop in demand.Business -
U.S. Investigating Tesla Recall of Autopilot
The National Highway Safety Administration also released an analysis of crashes involving the system that showed at least 29 fatal accidents over five and a half years.Business - Tesla -
Exxon Mobil and Chevron Report Lower Earnings
Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were squeezed by lower profitability for refining crude and falling natural gas prices.Business -
Louisiana Will No Longer Require Students to Fill Out FAFSA to Graduate
Experts say high school seniors are more likely to go to college if they complete the financial aid form, but the state sees privacy issues with mandating it.Business -
How to Handle Your Finances as a Young Widow or Widower
People who suddenly lose a spouse while young can feel unprepared for what their future looks like.Business -
What Would Jesus Do? Tackle the Housing Crisis, Say Some Congregations.
The “Yes in God’s Backyard” movement to build affordable housing on faith organizations’ properties is gaining steam in California and elsewhere.Business -
Upgraded Museums Add New Value at Colleges and Universities
Educational institutions across the United States are spending more money to renovate museums and make them a more integral part of learning.Business -
Carnegie Museum Exhibit Explores Pittsburgh’s Legacy of Steel
At the Carnegie Museum of Art, an installation by the artist Marie Watt celebrates the region’s industrial history with I-beams and glass.Business -
Regulators Seize Republic First, a Troubled Philadelphia Bank
The relatively small bank, the first to fail this year, will have its deposits assumed by another Pennsylvania lender, Fulton Bank.Business -
Federal Officials Find No Live Bird Flu Virus in Initial Milk Tests
The early results suggest that pasteurization is killing the H5N1 virus in milk, something that regulators were not certain of.Business -
Paramount Chief Executive Bob Bakish Could Be Out Next Week
He was once a staunch ally of the company’s biggest owner, Shari Redstone, but the relationship soured in recent months.Business -
Michael C. Jensen, 84, Who Helped Reshape Modern Capitalism, Dies
He heralded stock options and golden parachutes as a professor at Harvard Business School, influencing a generation of Wall Street executives.Business -
Biden Delays Ban on Menthol Cigarettes
The proposal had been years in the making, in an effort to curb death rates of Black smokers targeted by Big Tobacco. In an election year, the president’s worries about support among Black voters may have influenced the postponement.Business - Joe Biden -
How High Wall Street Thinks the Fed Will Keep Interest Rates
Stubborn inflation has led traders to forecast far fewer rate cuts by the Federal Reserve than just a few months ago.Business - Federal Reserve -
He Paid $13 for $13,000 Cartier Earrings, and Then the Jeweler Noticed
When Rogelio Villarreal bought rose-gold earrings for a price that the luxury retailer said was a mistake, he looked to a Mexican consumer protection law. He later said the company delivered the earrings.Business -
Would Trump Move to Control the Fed?
Allies of the former president are said to be devising plans to reduce the central bank’s independence if he is re-elected, a move that would have big consequences for monetary policy.Business - Donald Trump -
Xi and Blinken Trade Small Nods Over a Large Gap
The U.S. secretary of state and the Chinese leader struck conciliatory notes in Beijing. But there was no budging on, or hiding, their governments’ core differences.Business - China -
One in Five Milk Samples Nationwide Shows Genetic Traces of Bird Flu
There is no evidence that the milk is unsafe to drink, scientists say. But the survey result strongly hints that the outbreak may be widespread.Business -
The Onion Sold by G/O Media
The satirical news website was bought by a new firm in Chicago that took inspiration for its name, Global Tetrahedron, from a book written by The Onion’s staff.Business -
Racist AI Deepfake of Baltimore Principal Leads to Arrest
A high school athletic director in the Baltimore area was arrested after he used A.I., the police said, to make a racist and antisemitic audio clip.Business -
Microsoft Reports Rising Revenues as A.I. Investments Bear Fruit
The tech giant’s quarterly results included strong growth in cloud computing, fueled by its services in generative artificial intelligence.Business - Microsoft -
Michael Cuscuna, Who Unearthed Hidden Jazz Gems, Dies at 75
Possibly the most prolific archival record producer in history, he was a founder of the Mosaic label, which became the gold standard of jazz reissues.Business -
Key Solar Panel Ingredient Is Made in the U.S.A. Again
REC Silicon says it will soon start shipping polysilicon, which has come mostly from China, reviving a Washington State factory that shut down in 2019.Business -
Honda Commits to E.V.s With Big Investment in Canada
The Japanese automaker, which has been slow to sell electric vehicles, said it would invest $11 billion to make batteries and cars in Ontario.Business -
A Chinese Firm Is America’s Favorite Drone Maker. Except in Washington.
U.S. authorities consider DJI a security threat. Congress is weighing legislation to ban it, prompting a lobbying campaign from the company, which dominates the commercial and consumer drone markets.Business -
Southwest Quits Four Airports in Cost-Cutting Drive
The airline expects fewer deliveries of Boeing planes than before, and cited “significant challenges” in achieving growth plans because of it.Business -
New Energizer Battery Warns Parents if Their Child Has Swallowed It
The new battery by Energizer, with “color alert technology,” comes nearly two years after a report warned that more children were swallowing batteries.Business -
U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown
Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate in the first three months of the year.Business -
Wall Street’s Patience for a Costly A.I. Arms Race Is Waning
A sell-off in Meta’s stock after the company disclosed huge investments in the technology may be a sign of investor fears about tech giants’ spending.Business -
Biden, Seeking to Build on Fruitful Week, Announces Billions in Chip Grants
The $6.1 billion for Micron, to shore up the domestic supply of semiconductors, comes after a key union endorsement and passage of an aid bill central to the president’s foreign policy agenda.Business - Joe Biden -
The National Enquirer’s Parent Company Struggles To Find A Buyer
The parent company of The Enquirer, the tabloid now famous for its ties to former President Donald J. Trump, has tried repeatedly to sell the publication. It hasn’t been easy.Business -
How Pastor Chad Nedohin Helped Turn Trump Media Into a Meme Stock
Chad Nedohin, a part-time pastor, is among the fans of Donald J. Trump who helped turn Trump Media into a meme stock with volatile prices.Business - Donald Trump -
With New Salt and Sugar Limits, School Cafeterias Are ‘Cringing’
Many parents and nutritionists applauded stricter federal regulations, but food companies say the changes could increase costs and waste.Business -
Mining Giant BHP Makes $39 Billion Bid for Rival Anglo American
The deal would create one of the largest copper miners at a time when demand is soaring for the metal used in many green technologies.Business -
N.F.L. Draft Is Like Super Bowl for City of Detroit
Places that are not usual sites for the league’s marquee game are jumping at the chance to be the host of its three-day draft.Business - NFL -
Blinken’s Visit to China: What to Know
Secretary of State Antony J. Blinken is in China this week as tensions have risen over trade, security, Russia’s war on Ukraine and the Middle East crisis.Business - China