After a remarkably fruitful year in which the stock market shook off rising inflation and coronavirus cases, 2022 began with a decline. Recent statements and past behavior by its chair, Jerome Powell, suggest it will ramp up the effort to fight inflation, then change course if markets become unduly agitated. One reason for the January […]
It was the first drop after four straight months of sales increases, though the gain in November slowed from October because of the lengthened holiday shopping season brought on by fears of product shortages and price increases. Beth Ann Bovino, chief U.S. “This is not a sign of consumer weakness,” said Ms. Bovino, who had […]
Others, like a call for a report on race- and gender-based pay gaps at the company and a pledge to prohibit sales of facial recognition to government entities, failed. Mr. Gates solicited at least two employees while he was running Microsoft, according to reports in The New York Times and The Wall Street Journal. Tesla, […]
Instead, continued waves of virus have locked down factories, and shipping routes have struggled to work through extended backlogs as consumers continue to buy goods from overseas at a rapid clip. “Obviously 7 percent is a pretty big sticker shock,” said Omair Sharif, founder of the research firm Inflation Insights. The fresh data released on […]
While he did not give a reason, he has faced renewed scrutiny about trades he made in 2020 as the central bank was poised to rescue financial markets. 31, 2022, I am writing to inform you that it is my intention to resign from the board on Jan. The New York Times reported last week […]
Economists are bracing for the surge in cases to further disrupt job growth in January and in the coming months, though it is too soon to say how it will affect the labor market in the longer term. The seesawing employment situation underscores the economy’s continued susceptibility to the pandemic, nearly two years on. Some […]
The lawsuit, filed on Wednesday by Angela Underwood Jacobs, the guard’s sister, argued that Facebook was responsible for connecting individuals who sought to harm law enforcement officers and sow civil discord. The suit is the latest challenge to Section 230 of the Communications Decency Act, a 25-year-old law that shields internet companies and websites from […]
Speaking at the Consumer Electronics Show in Las Vegas, Sony chief’s, Kenichiro Yoshida, unveiled a new version of the vehicle, a sleek S.U.V. Japan is a world leader in automotive manufacturing, but its companies have been slow to enter the small but rapidly growing electric car market. The Dixie Fire burned more than 963,000 acres […]
The slow ramp up in production also could lead to tension with the Biden administration, which wants the producers to pump more oil in an effort to lower gasoline prices in the United States. What Saudi Arabia decides to do is crucial. From an oil industry perspective, Saudi Arabia, the leader of the Organization of […]
The start of this year may seem uncomfortably similar to the beginning of 2021, with surging coronavirus case counts, event cancellations and companies revising their return-to-office plans. economy open despite record cases — but rates of lower hospitalizations and deaths — it raises new questions for businesses preparing for a third year of the pandemic. […]
Come 2022, the Federal Reserve is expected to raise interest rates to fight inflation, and government programs meant to stimulate the economy during the pandemic will have ended. Morgan said that they expected inflation — currently at 6.8 percent — to “normalize” in coming months, and that the surge of the Omicron variant of the […]
Two decades ago, “Sex and the City” set the standard for many shows to come. In the first episode of the HBO series “Girls,” Shoshanna asks her cousin Jessa to admire her “Sex and the City” poster. There is, in fact, a well-established road map for this; it’s no coincidence that so many shows use […]
The writer, working with her husband, John Gregory Dunne, saw Hollywood as a way to make cash to support her art. They stole it, diagramed how its story was pieced together, and resolved that unlike that drunken louse — and unlike the drunks they admired, such as Dorothy Parker and F. But screenwriting was supposed […]
Now, after decades’ worth of books, games, toys and other merchandise helped keep the Boba Fett cult alive, the character will be the protagonist of his own “Star Wars” tale. After the runaway success of “Star Wars” in 1977, its writer and director, George Lucas, began preparing for a sequel. Johnston, who later directed films […]
The company, Big Hit Music, said in a statement that Suga, 28, who returned to South Korea from the United States on Thursday, discovered on Friday that he was infected while in quarantine and after taking a P.C.R. Suga had no contact with the other members of BTS — RM, Jin, J-Hope, Jimin, V and […]
Because of concerns about the spread of the Omicron variant, the monarch, 95, will instead spend Christmas at Windsor Castle. The queen’s grandson Prince Harry and his wife, Meghan, were not expected to travel to Britain for Christmas. The queen, who also spent last Christmas sequestered in Windsor Castle, has largely been absent from public […]
Her 2007 article “From Father to Son, Last Words to Live By,” led to her to write the elegant book about love, loss and legacy upon which this movie is based, and with which it shares its title. Denzel Washington directs this adaptation with care, respect and a deep-seated knowledge of the Black love stories […]
“World-building” usually refers to how the makers of science fiction and fantasy construct their domains, populating them with imaginary creatures and allegorical meanings. It’s a version of Spain , informed by that country’s aesthetic and literary traditions, a legacy that encompasses the perverse whimsy of Surrealism and the openhearted pathos of flamenco. At first, the […]
Joan Didion, whose mordant dispatches on California culture and the chaos of the 1960s established her as a leading exponent of the New Journalism, and whose novels “Play It as It Lays” and “The Book of Common Prayer” proclaimed the arrival of a tough, terse, distinctive voice in American fiction, died on Thursday at her […]
The Personal Consumption Expenditures price index, which is the indicator that the Fed officially targets when it aims for 2 percent annual inflation on average over time, is expected to have climbed by 5.7 percent in November from a year earlier, economists surveyed by Bloomberg estimate. Part of the jump will be caused by gasoline […]