BUSINESS

Fed Chair Powell Still Expects to Cut Rates This Year, but Not Yet

Jerome H. Powell, chair of the Federal Reserve, said policymakers still expect to lower rates in 2024 — but the timing hinges on data.Jerome H. Powell, chair of the Federal Reserve, said policymakers still expect to lower rates in 2024 — but the timing hinges on data. Banking and Financial Institutions, Prices (Fares, Fees and Rates), […]

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Hotels Take Sleep Tourism to the Next Level

A.I.-assisted beds, on-call hypnotherapists and sequestered guest rooms, including one inside a stainless steel sculpture, are taking sleep tourism to the next level.A.I.-assisted beds, on-call hypnotherapists and sequestered guest rooms, including one inside a stainless steel sculpture, are taking sleep tourism to the next level. Travel and Vacations, Sleep, Hotels and Travel Lodgings Read More

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China Cancels a News Conference, Shutting a Window for Its People

Once a year, the premier held a news conference, explaining the economy and giving Chinese a taste of political participation. That has come to an end.Once a year, the premier held a news conference, explaining the economy and giving Chinese a taste of political participation. That has come to an end. China, National People’s Congress (China),

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Frank Popoff, Who Sought to Lead a Friendlier Dow Chemical, Dies at 88

As chief executive, he pushed a company known for Agent Orange, napalm and chlorine to undo its confrontational reputation and promote environmental sustainability.As chief executive, he pushed a company known for Agent Orange, napalm and chlorine to undo its confrontational reputation and promote environmental sustainability. Popoff, Frank (1935-2024), Factories and Manufacturing, Dow Chemical Company, Deaths (Obituaries),

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Starbucks Franchise Lays Off Workers in Mideast Amid Gaza-Tied Boycotts

Store traffic has dropped off in the Middle East and Southeast Asia as customers protest perceptions of Starbucks’ stance on the Israel-Hamas conflict.Store traffic has dropped off in the Middle East and Southeast Asia as customers protest perceptions of Starbucks’ stance on the Israel-Hamas conflict. Israel-Gaza War (2023- ), Starbucks Corporation Read More

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What to Know About Bitcoin’s Record High in Latest Crypto Surge

Bitcoin just hit a record high, but there are big differences between now and the last crypto boom, when digital currencies became a cultural phenomenon.Bitcoin just hit a record high, but there are big differences between now and the last crypto boom, when digital currencies became a cultural phenomenon. Virtual Currency, Bitcoin (Currency), Banking and Financial

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Red Sea Cable Damage Highlights Mideast Conflict’s Broader Threat

What disabled three major cables linking East to West is still not clear. Suspicion has centered on Yemen’s Houthi rebels, who have attacked numerous ships in the area, but they have denied responsibility.What disabled three major cables linking East to West is still not clear. Suspicion has centered on Yemen’s Houthi rebels, who have attacked

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Damage to Cables Under Red Sea Highlights Mideast Conflict’s Broader Threat

What disabled three major cables linking East to West is still not clear. Suspicion has centered on Yemen’s Houthi rebels, who have attacked numerous ships in the area, but they have denied responsibility.What disabled three major cables linking East to West is still not clear. Suspicion has centered on Yemen’s Houthi rebels, who have attacked

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New Federal Rule Caps Most Credit Card Late Fees at $8

The Consumer Financial Protection Bureau said its new restriction would save households $10 billion a year in “junk fees.”The Consumer Financial Protection Bureau said its new restriction would save households $10 billion a year in “junk fees.” Fines (Penalties), Credit Cards, Banking and Financial Institutions, Consumer Protection, Personal Finances, Consumer Financial Protection Bureau, Chopra, Rohit Read More

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