The Fed, Crypto and A.I. Weigh on the Markets
Growing jitters over the Federal Reserve, crypto and the future of the artificial intelligence boom have helped drive a global sell-off.
Anxiety Over A.I. Spending Returns to Global Markets
A sharp reversal in Asian and European stocks, after a rally fueled by Nvidia’s strong earnings, underscores how fears of an A.I. bubble are driving broad market swings.
Why ‘Surveillance Pricing’ Strikes a Nerve
The practice is at the intersection of two things people hate: feeling watched and feeling ripped off.
A Tap-to-Pay Society Is Leaving These New Yorkers Behind
As fewer people carry cash, vendors, street performers and people experiencing homelessness and unemployment are at a disadvantage.
Senate Democrats Investigate Kennedy Center Deals With Trump Allies
Under Richard Grenell, the performing arts center has given steep discounts to CPAC and FIFA, signed contracts with administration associates and spent lavishly on friends.
Netflix, Comcast and Paramount Submit Warner Bros. Discovery Bids
The outcome of the sale could alter the trajectory of the entertainment business.
Ward Landrigan, Jeweler to the Stars, Dies at 84
At Sotheby’s, he provided famous diamonds to Elizabeth Taylor and Richard Burton before reviving Verdura, a venerable jewelry company founded by a Sicilian duke.
Botulism Bacteria Found in Infant Formula, ByHeart Confirms
ByHeart, the maker of the product, has been linked to an outbreak of illnesses among infants that led to their hospitalizations.
Trump Calling Reporter ‘Piggy’ Was ‘Frankness,’ White House Says
Karoline Leavitt, the White House press secretary, addressed for the first time a schoolyard insult that President Trump lobbed at a Bloomberg News reporter last week.
U.S. Manufacturers to Benefit as GE Appliances Shifts Production
The company, now owned by a Chinese conglomerate, is investing $150 million in 19 American suppliers across 10 states.
Superman Comic Sets Auction Record, Selling for $9.12 Million
A family’s forgotten copy of Superman No. 1, from 1939, was sold by Heritage Auctions.
Job Gains Disguise Weakness Beyond Service Industries
The unemployment rate rose in September as more people looked for jobs, according to data delayed by the government shutdown.
September Jobs Report Injects More Uncertainty Into Fed’s December Decision
Policymakers at the central bank are at odds over the need to cut interest rates for a third straight meeting, as inflation picks up again and the labor market slows down.
Walmart Sales Rise as Shoppers Look For Savings
The retailer increased its guidance for the year, anticipating more price-conscious shoppers would flock to its stores.
Did Nvidia Do Enough to Chill A.I. Bubble Fears?
The chipmaker at the center of the artificial intelligence boom reported blowout results. But that hasn’t resolved some key questions behind the tech rally.
Delayed Jobs Data to Give Snapshot of a Labor Market Under Stress
Economists expect that employment growth was anemic in September, before the government shutdown delayed data collection.
Nvidia Earnings Fuel Rally in Global Technology Stocks
The chipmaker’s profit surge and strong revenue forecast helped to ease fears that spending on A.I. infrastructure might be outpacing demand.
Delayed Jobs Data to Give Snapshot of a Labor Market Under Stress
Economists expect that employment growth was anemic in September, before the government shutdown delayed data collection.
Help! My Rental Car Died Within a Mile, and Avis Charged Me $1,367.
A visitor to Italy had to abandon an S.U.V. after it conked out just minutes from the rental agency. Then he got another surprise: a hefty repair bill.