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Business

Powell Suggests Interest Rates Could Stay High for a Longer Period

The Fed chair, along with the central bank’s No. 2 policymaker, stressed uncertainties over job growth and the persistence of…

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Business

How Low Will They Go? Wall Street’s Big Rethink on Interest Rate Cuts

Investors see Wednesday’s Consumer Price Index report as a pivotal report card on inflation and the Federal Reserve’s next move.

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Business

Higher for Longer After All? Investors See Fed Rates Falling More Slowly.

Investors went into 2024 expecting the Federal Reserve to cut rates sharply. Stubborn inflation and quick growth call that into…

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Business

The Fed Stays the Course on Rates

Markets are cheering the central bank’s forecast for three interest rate cuts this year. But Fed policymakers are divided on…

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World

A Queer Chinese Artist Finds Liberation Through Folk Art

Drawing from his life in rural China, the gay artist known as Xiyadie uses a folk art form to tell…

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Business

Fed Meets Amid Worries That Inflation Progress Might Stall

Inflation had been moderating steadily, but it is now hovering around 3 percent. Will lowering it fully to normal levels…

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World

Republicans’ Big F.B.I. Cut Came From Scrapping One Senator’s Earmark

The G.O.P. has boasted about cutting the budget of what it calls the “weaponized” F.B.I. by 6 percent. Most of…

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Business

U.K. to Cut Taxes Again as Election Nears

The Conservative government, trailing badly in the polls, proposed the second tax cut in four months.

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World

Discord Cuts 17% of Workers in Latest Tech Layoffs

In an internal memo, Discord said it had grown five times its size since 2020.

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World

Amazon Cuts Hundreds of Jobs at Studios and Twitch

The layoffs add to a growing number of cuts in the tech industry this past year.

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