Why So Many People Already Own Shares of Elon Musk’s SpaceX
Even before the rocket company holds a major initial public offering, many people own stock in it through so-called special purpose vehicles.
Electric Cars Were a Big Deal Over a Hundred Years Ago
The very first E.V. was born in the 1830s. By the 1900s, electric carriages were dodging horse droppings in Manhattan streets.
5 New Stockholm Bakeries
The Swedish appetite for sweets, caffeine and hanging out has led to a profusion of new convivial bakeries.
After Prison, a Financial Titan Plots an Unlikely Comeback
Bill McGlashan served time for trying to buy his son’s way into college during the Varsity Blues scandal. He hopes his new venture will restore his name — and save the planet.
Oil Companies’ Huge Profits Revive Calls for Temporary Windfall Taxes
European nations imposed temporary taxes in the 2022 energy shock when Russia invaded Ukraine, but whether they can effectively help households is up for debate.
Where in the World Is All That Gold Stored?
As central banks buy more gold, where to put all that heavy metal is an increasingly important question. Reserves must be secure and ready to trade in a crisis.
Why Countries Are Stocking Up on Gold
As risk has escalated, central banks have bought more gold to stash in reserve. A widening Middle East war could add to the urgency.
With the Arrival of Goop Kitchen, Is New York Food Going Full L.A.?
Gwyneth Paltrow’s healthy-eating enterprise is just one of several recent Los Angeles exports to a rival city with its own ideas about what’s good.
U.S. Economy Grew 2 Percent in Early 2026 Even as War in Iran Began to Hit Energy Prices
Gross domestic product expanded at a 2 percent annual rate in the first three months of the year, a period including first weeks of conflict in the Middle East.
Crop Undercount Raises Questions About Reliability of U.S.D.A. Data
Corn estimates were off by 4.5 million acres last year. A lack of survey responses, not job cuts, led to the miss, the Agriculture Department said.
Behind Powell’s High-Stakes Decision to Stay at the Fed
Jerome H. Powell will remain a governor at the Federal Reserve after his term as chair ends, in a bid to guard against a further incursion by the Trump administration on the central bank’s independence.
Casa, a Handyman Start-Up, Aims to Automate Home Maintenance
Casa, a company founded by former Uber executives, says it uses artificial intelligence and a stable of handymen to take care of members’ homes.
How Powell Just Complicated Trump’s Fed Plans
Traders now think the Federal Reserve will keep steady interest rates, or perhaps even increase them, amid succession intrigue at the central bank.
Senators Say Lawyers Helped Wealthy Clients Dodge Taxes in Puerto Rico
Rich Americans are writing off taxes they owed before they moved to Puerto Rico, the Senate Finance Committee says.
Palantir Is Making a French Chore Coat. Yes, That Palantir.
The data analysis company is selling a version of the jacket that it says will show its commitment to “re-industrializing America.”
Oil Prices Soar as Iran Standoff Shows No End in Sight
Oil prices push higher, approaching another wartime high, as President Trump asserted that the naval blockade of Iran’s ports would persist.
Rising Fuel Prices Could Force Excruciating Choices on Economic Policies
The European Central Bank and Bank of England were expected to hold interest rates steady on Thursday while searching for signs of possible longer-term damage.
Roger Sweet, Creator of the He-Man Action Figure, Dies at 91
The musclebound character he developed as a toy designer for Mattel gave rise to the Masters of the Universe franchise and helped define the machismo of the 1980s.
Powell Says He Will Stay On as Fed Governor After Term as Chair Ends
Jerome H. Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain at the central bank.