JetBlue-American Partnership Struck Down by Federal Judge
A federal judge halted a partnership between American Airlines and JetBlue Airways at airports in New York and Boston, writing in a ruling on Friday...
In a Sharp Reversal, Biden Opens a Path for Ukraine to Get Fighter Jets
President Biden told U.S. allies on Friday that he would allow Ukrainian pilots to be trained on American-made F-16 fighter jets, moving toward letting other...
Powell Says Inflation Remains Too High
Jerome H. Powell, the Federal Reserve chair, said on Friday that inflation continued to be “far above” the central bank’s target but that policymakers “haven’t...
James Gorman to Leave as Morgan Stanley CEO
Why It Matters: A dose of uncertainty at a stable bank. Mr. Gorman took over the bank in 2010, after Morgan Stanley nearly crumbled during...
China’s Youth Unemployment Crisis: 1 in 5 Is Out of Work
Shu Xiang, 21, started looking for a job in February and still has had no luck. A financial management major at a college in Chengdu,...
What the Markets Are Telling Us About the Debt Ceiling
The headlines have been warning for weeks about a possible debt default by the United States. Negotiations have become contentious, with a deadline that could...
Interest Rates on Federal Student Loans to Rise Next School Year
While it can be hard to determine that number, you can get a rough idea of what workers in various occupations earn from data on...
Volkswagen Sells Its Russia Operations, Including an Assembly Plant
Volkswagen has sold its assembly plant and other operations in Russia to a local auto dealership, more than a year after the German carmaker ceased...
Disney Deals DeSantis a $1 Billion Blow With Project’s Cancellation
An economic setback on the eve of a presidential run After months of anticipation, Gov. Ron DeSantis of Florida is expected to formally declare his...
‘Movie Theaters Are the Marketplace of Free Ideas’
What is a misconception people have about the movie theater business that you’ve tried to correct but didn’t succeed? Ticket prices. Even through all the...
U.S. Semiconductor Boom Faces a Worker Shortage
Maxon Wille, an 18-year-old in Surprise, Ariz., was driving toward Interstate 17 last year when he noticed a massive construction site: Taiwan Semiconductor Manufacturing Company...
G7 Countries Borrow China’s Economic Strategy
Midway through his face-to-face meeting with President Biden in Indonesia last fall, the Chinese leader, Xi Jinping, offered an unsolicited warning. Mr. Biden had in...
Kia and Hyundai to Pay $200 Million to Settle Suit Over Car Thefts
Kia and Hyundai have agreed to pay about $200 million to settle a class-action lawsuit accusing the manufacturers of producing vehicles that have been especially...
Regulators Rebut Claims by Silicon Valley Bank’s Ex-C.E.O.
When asked in a Senate hearing this week who was to blame for the demise of Silicon Valley Bank, the lender’s former chief executive, Greg...