Fed Chair Powell Welcomes Cooling Inflation
Jerome H. Powell, the chair of the Federal Reserve, indicated on Tuesday that recent inflation data had given the central bank more confidence that price...
F.T.C. Says Middlemen Seem to Drive Up Drug Prices
The Federal Trade Commission on Tuesday sharply criticized pharmacy benefit managers, saying in a scathing 71-page report that “these powerful middlemen may be profiting by...
Biden Pushes Back Against Big Donors
Making them wait President Biden hasn’t let up on his aggressive defense against calls to step aside: Over the past 24 hours, he pushed back...
Music Catalog Giant Hipgnosis Is Sold, and Merck Mercuriadis Exits
Six years ago, an outspoken music executive named Merck Mercuriadis kicked off a new wave of dealmaking in the industry when his company, Hipgnosis, began...
Political Gridlock Will Raise the Economic Stakes in France
One thing was clear after France’s surprise election results on Sunday: Any new government formed by President Emmanuel Macron would face months of political paralysis....
Synapse Bankruptcy: When a Fintech Isn’t a Bank and Savings Accounts Are Frozen
For close to a century, putting your savings into a federally insured bank has been a sure thing: If the institution fails, up to $250,000...
David Ellison Poised to Become a New Mogul in a Diminished Hollywood
In 1994, when Sumner M. Redstone bought Paramount Pictures for about $10 billion, the equivalent of about $22 billion today, he did more than just...
As Chronic Work Stress Climbs, Enter the Burnout Coach
“Making It Work” is a series is about small-business owners striving to endure hard times. When Karen Schiro, a real estate agent in Fairfax Station,...
Boeing Plea Deal Involving 737 Max: What to Know and What Comes Next
Boeing’s announcement on Sunday that it had agreed to plead guilty to a federal criminal charge as part of a deal with the Justice Department...
Multibillion-Dollar Fraud Trial Against Archegos Founder Nears Its End
The collapse of Archegos Capital Management in spring 2021, which caused billions in losses for a handful of Wall Street banks, was the result of...
Biden’s Wall Street Donors Are Increasingly ‘Concerned’
Wall Street’s game theory As more leading Democrats say privately that President Biden should withdraw from the presidential race, some of the party’s most prominent...
Copenhagen Offers Rewards to Summer Visitors Who Act Responsibly
A new fee for Venice day trippers. A looming ban on vacation rentals in Barcelona. Restrictions on the sale of alcohol in Majorca. At a...
Lausanne, Where the Olympics Never End
Every year is an Olympics year in Lausanne, Switzerland, a city of stone buildings, tile roofs and historic church squares perched on a hillside overlooking...
Boeing Agrees to Plead Guilty to Felony in Deal With Justice Department
Boeing agreed on Sunday to plead guilty to a felony charge of conspiring to defraud the federal government over two fatal crashes of the 737...