Wednesday, 25 Dec 2024

Business

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Newspapers Printed Unabomber’s Manifesto in 1995. It’s Still Fiercely Debated.

In June 1995, hefty packages arrived in the mail rooms of The Washington Post and The New York Times with identical contents: single-space typed copies of a document called “Industrial Society and Its Future,” with a note from an anonymous sender who said he would kill again unless the newspapers published the manifesto in its […]

Binance Halts Trading in Dollars on Its U.S. Exchange

The American branch of Binance, the giant cryptocurrency exchange, said late on Thursday that it would no longer allow customers to trade on its platform using U.S. dollars, after its banking partners cut the firm off in response to a crackdown by federal regulators. The move is a major blow to Binance.US, the American arm […]

World Bank Projects Weak Global Growth Amid Rising Interest Rates

The World Bank said on Tuesday that the global economy remained in a “precarious state” and warned of sluggish growth this year and next as rising interest rates slow consumer spending and business investment, and threaten the stability of the financial system. The bank’s tepid forecasts in its latest Global Economic Prospects report highlight the […]

As Older TikTok Creators Flourish, Brands Are Signing Them Up

In one of Jenny Krupa’s TikTok videos, her neighbor has been hurt. Ms. Krupa’s concern? She wants to see “if the paramedics are hot.” In another video, she lets a man who ghosted her know she’s TikTok famous — and he “really screwed up.” A goofy scenario in yet another — involving a spat with […]

Strong Jobs Numbers Complicate Picture as Fed Hints at a ‘Skip’

Federal Reserve officials have signaled that they could hold rates steady at their upcoming meeting in June — pausing after a string of 10 straight rate increases to give themselves time to see how the economy is shaping up. Fresh jobs data released Friday could help to inform policymakers as they try to decide whether […]

Job Openings Rose in April, Defying Cooling Trend

After three consecutive months of declines, job openings jumped in April, reaching 10.1 million, the Labor Department reported on Wednesday. The surge signals that job opportunities are withstanding the economic pressures that have led many to believe that the American economy may soon enter a recession. At the same time, the report — known as […]

India Is Scrapping Its Largest Bill. The Race Is On to Spend It.

Indians have been filing into gas stations, jewelry stores, fruit stands and any other businesses that still accept soon-to-be-withdrawn 2,000-rupee notes, each worth about $24. The race to spend India’s biggest bill has been on since its central bank announced this month that they would be removed from circulation by early fall. India’s vast economy […]

DeSantis’s Big Event Underscores a Rightward Move for Twitter

What DeSantis means for Twitter Gov. Ron DeSantis of Florida is expected to finally announce his presidential campaign on Wednesday night — but not on a stalwart of conservative media, like Fox News. Instead, the Republican star will do so live on Twitter, in a conversation with Elon Musk. The move underscores both that Twitter, […]

Companies Are Taking a Harder Line on Union Organizers, Workers Say

After working for more than seven years at an Apple store in Kansas City, Mo., Gemma Wyatt ran into trouble. Last year, she said, managers disciplined her for clocking in late a few times over the previous several weeks. Then, in February, Apple fired her after she missed a store meeting because she was sick […]

An Untested Oil Price Cap Has Helped Choke Revenue to Russia

In early June, at the behest of the Biden administration, German leaders assembled top economic officials from the Group of 7 nations for a video conference with the goal of striking a major financial blow to Russia. The Americans had been trying, in a series of one-off conversations last year, to sound out their counterparts […]