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The Surprising Thing That Could Help Ease Inflation
By Alana Semuels
Inflation Hits Record 8.6% for 19 Countries Using the Euro
By KELVIN CHAN / AP
Stocks Suffer Worst First Half of a Year in More Than 50 Years
By Rita Nazareth / Bloomberg
Some Medical Debt Is Being Removed From U.S. Credit Reports
By Tom Murphy / AP
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Business
Air Travel Is Chaos Right Now. What to Know Before You Fly
What to know before you head to the airport
By Martha C. White
June 30, 2022
Key Inflation Gauge Tracked by the Fed Remains a High 6.3%
The report indicated inflation is inflicting particular harm on low-income families and people of color
By PAUL WISEMAN / AP
June 30, 2022
Sale Puts Ben & Jerry's Ice Cream Back in West Bank, Kind Of
The company said it does not agree with the decision by its parent Unilever
By JOSEPH KRAUSS / AP
June 30, 2022
Both Republicans and Democrats Are Wrong on Gas Prices
On June 13, the price of gasoline reached a historic high of $5 per gallon. There followed an avalanche of accusations across the political spectrum. Democrats, including President Joe Biden, blamed oil companies for gouging...
By Gregory Brew
June 30, 2022
How One CEO Improved Results By Investing in His Workers
For the past 40 years or so, frontline workers in America have been getting a smaller and smaller slice of the economic pie. As corporate profits and executive compensation packages have soared, employees at many...
By David Gelles
June 30, 2022
Companies Paying for Abortion Travel Sparks Privacy Fears
More than 25 companies, including Disney, Meta and Dick's Sporting Goods, announced that they would cover employees who need to travel to receive abortion care
By Katie Reilly
June 29, 2022
E.U. Proposes Ban on Flavored Heated Tobacco Products
The proposal comes in response to a significant increase in the volume of such products sold across the bloc
By Associated Press
June 29, 2022
Airbnb Permanently Bans Parties At Its Rental Locations
Airbnb is making permanent its ban on parties at homes listed on the site for short-term rentals.
By Associated Press
June 29, 2022
Why a Recession Isn’t Inevitable
The chances a recession will take hold are lower in the U.S. and Asia than in Europe.
By Simon Constable
June 28, 2022
G7 Leaders End Summit Pledging to Hurt Russia Economically
Leaders said they would explore far-reaching steps to cap Kremlin income from oil sales that are financing the war
By ZEKE MILLER and GEIR MOULSON / AP
June 28, 2022
Company Buying Trump's Social Media App Faces Subpoenas
The new probe could make it more difficult for Trump to finance his social media company.
By Associated Press
June 27, 2022
Russia Defaults on Foreign Debt for First Time Since 1918
It’s a grim marker in the country’s rapid transformation into an economic, financial and political outcast
By Giulia Morpurgo and Libby Cherry / Bloomberg
June 27, 2022
Leonardo Del Vecchio, Billionaire Ray-Ban Owner, Dies at 87
The tycoon held a controlling 32% stake in EssilorLuxottica
By Tommaso Ebhardt / Bloomberg
June 27, 2022
AT&T's CEO John Stankey Is Facing the Most Challenging Time of His Career
Even iconic companies can endure a grueling identity crisis. AT&T has long been one of the most respected names in corporate America. Many Fortune 100 companies rely on the telecom giant for vital communications infrastructure...
By Eben Shapiro
June 26, 2022
Hackers Steal $100 Million by Exploiting Crypto’s Weak Link
Hackers looted about $100 million from a so-called cryptocurrency bridge, again exposing a key vulnerability in the digital-asset ecosystem.
By Olga Kharif, Sidhartha Shukla and Emily Nicolle / Bloomberg
June 24, 2022
Asia's Richest Person, Gautam Adani, Pledges $7.7 Billion for Social Causes
Gautam Adani and his family have pledged to donate 600 billion rupees ($7.7 billion) to a slew of social causes to mark his 60th birthday.
By P R Sanjai and Jeanette Rodrigues / Bloomberg
June 23, 2022
Germany Warns of Lehman-Like Contagion From Russian Gas Cuts
Germany warned that Russia’s moves to slash Europe’s natural gas supplies risked sparking a collapse in energy markets
By Arne Delfs and Vanessa Dezem / Bloomberg
June 23, 2022
Ads Are Officially Coming to Netflix. Here's What That Means for You
After years of resisting commercials on its streaming platform, Netflix is now introducing an ad-supported tier to its service.
By Megan McCluskey
June 23, 2022
Why Copycat AI Tools Will Be the Internet’s Next Big Problem
Text-to-image tools have the potential to turbocharge harassment and spread misinformation
By Billy Perrigo
June 23, 2022
Meta Says UK Bill Risks Messages Being Surveilled, Censored
The sweeping Online Safety Bill is winding its way through Parliament and it’s intended to come into force next year.
By Thomas Seal / Bloomberg
June 22, 2022
In Some Workplaces, It’s Now OK Not to Be OK
Good mental health seemed like a given to Kamini Cormier. Then, came the pandemic. Back in 2020, when she was forced to isolate herself at home with her husband and adolescent daughters, she started feeling...
By Bruce Horovitz
June 22, 2022
The Economics of Legal Weed Don't Work
The legal cannabis business has been hampered by regulation and competition
By Belinda Luscombe
June 21, 2022
Meta Settles Claims That Ads Violated U.S. Fair Housing Laws
The lawsuit alleged that algorithms in Meta's ad service allowed marketers to limit certain groups of people from seeing housing ads.
By Kurt Wagner and Chris Dolmetsch / Bloomberg
June 21, 2022
Sales of Previously Owned Homes Fall to an Almost Two-Year Low
The figures underscore how high prices and a surge in mortgage rates have stifled demand
By Reade Pickert / Bloomberg
June 21, 2022
Elon Musk Says Bots Are a Problem for Twitter Deal, Not China
Musk said he didn’t foresee his business operations in China causing problems if he takes control of Twitter
By Vlad Savov, Kurt Wagner and Dana Hull / Bloomberg
June 21, 2022
U.S. Sanctions Are Supercharging China's Chipmaking Industry
Demand for home-grown components means China’s chip industry is growing faster than anywhere else in the world
By Bloomberg
June 21, 2022
E.U. Aims to Finalize $9.5B Ukraine Loan Package This Week
The European Commission and Germany disagreed over the package’s design, causing a delay
By Jorge Valero / Bloomberg
June 20, 2022
Petrobras Head Resigns as Bolsonaro Rages About Fuel Prices
The company recently raised domestic fuel prices, prompting calls for a congressional inquiry
By Peter Millard and Vinícius Andrade / Bloomberg
June 20, 2022
Welcome to the Summer of Revenge Travel
Demand is soaring for vacations that are more frequent, more indulgent, and far from home.
By Lisa Abend/Copenhagen
June 20, 2022
Maryland Apple Workers Face Hurdles After Vote to Unionize
Apple store employees in a Baltimore suburb voted to unionize by a nearly 2-to-1 margin Saturday
By Associated Press
June 19, 2022
Megan Rapinoe Discusses Historic Equal Pay Agreement, Title IX Anniversary and Transgender Sports Bans
Leadership lessons from the U.S. soccer star.
By Sean Gregory
June 19, 2022
Bitcoin Drops Below $20,000
Bitcoin, the most popular cryptocurrency, fell below the psychologically important threshold, dropping as much as 9% to less than $19,000
By Associated Press
June 18, 2022
SpaceX Fires Employees Over Letter Critical of CEO Musk
The unusual clash hints at growing discord over the billionaire’s controversial comments.
By Dana Hull and Richard Clough / Bloomberg
June 17, 2022
Why It Could Be a Long Time Before Gas Prices Come Down
The global factors pushing up crude prices are unlikely to ease anytime soon.
By Nik Popli
June 16, 2022
Elon Musk Addresses Twitter Staff in First Meeting
Twitter needs to allow more space for people to say whatever they want, Musk said, as long as it doesn’t violate the law.
By Kurt Wagner, Ed Ludlow and Maxwell Adler/Bloomberg
June 16, 2022
Abbott Baby Formula Factory Halts Production After Storm
Abbott says it needs to assess damage and re-sanitize the Sturgis, Mich. factory after severe thunderstorms and heavy rains swept through southwestern Michigan
By Tom Murphy / AP
June 16, 2022
The Big Business of Being a Peloton Instructor
Peloton instructors are building empires—and making money
By Eliana Dockterman
June 16, 2022
Two Facebook Whistleblowers in Conversation
Facebook whistleblowers Frances Haugen and Daniel Motaung came from very different parts of the social media platform’s ecosystem, but when they met for the first time in front of an audience in London Tuesday, they...
By Billy Perrigo/London
June 16, 2022
Bitcoin Veterans Know to Keep Their Eyes on $19,511 Level
Round numbers tend to be a fixation for Bitcoin chart-watchers, with many keeping their eyes peeled on $20,000 amid the latest swoon. But veterans know to be on the lookout for a more noteworthy one:...
By Vildana Hajric and Isabelle Lee / Bloomberg
June 15, 2022
Automakers Report Nearly 400 Crashes of Cars That Used Driver-Assist Tech
DETROIT — Automakers reported nearly 400 crashes over a 10-month period involving vehicles with partially automated driver-assist systems, including 273 with Teslas, according to statistics released Wednesday by U.S. safety regulators. The National Highway Traffic...
By TOM KRISHER / AP
June 15, 2022
What a Bear Market Means for the Economy
If you invested pandemic-era gains into the stock market, or own a 401(k) plan, get ready for an anxiety-inducing ride. For the first time in nearly two years, the stock market crossed into bear market...
By Nik Popli
June 15, 2022
Fed Attacks Inflation With Largest Rate Hike Since 1994
(WASHINGTON) — The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades — and...
By CHRISTOPHER RUGABER / AP
June 15, 2022
Crypto's Layoffs Are Just Beginning, Experts Warn
Many companies weren't expecting the crypto downturn to happen this rapidly. Now, insiders are bracing for more than a year of doldrums.
By Andrew R. Chow
June 15, 2022
India's Answer to Delivery Startups
When Jay Prakash, a 35-year-old shopkeeper, inherited his father’s local convenience store in Bengaluru, it had a dependable customer base streaming in from a wealthy apartment building known as the Diamond District. His 400 square-foot...
By Varsha Bansal
June 15, 2022
How to Buy a Home in a Brutal Housing Market
Shopping for a home these days is a miserable slog. The buyers who walk away with a set of keys succeed against long odds, prevailing despite skyrocketing prices and relentless competition. Even as the U.S....
By Ronda Kaysen
June 15, 2022
How Gunmakers May Benefit From Mass Shootings
Studies show that mass shootings are often good for gunmakers' bottom lines.
By Belinda Luscombe
June 14, 2022
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