Business
Fox Disputes Possible Damages as Judge Delays Defamation Trial

Fox News has disputed the damages it may have to pay if the company is found liable in a highly anticipated defamation trial over the spread of misinformation after the 2020 presidential election, just as the judge in the case pushed back the start of the case by a day. The postponement of the trial, […]

Updated: Apr 17, 2023
Yes, People Will Pay $27,500 for an Old ‘Rocky’ Tape. Here’s Why.

Just about everyone has somewhere special they went when young, a place that glows in memory. For some it may be a library or game arcade, for others a baseball field or bookstore. For Jay Carlson, growing up in western Massachusetts in the early 1990s, the center of the universe was the video rental store. […]

Updated: Apr 14, 2023
Why Ron DeSantis Is Taking Aim at the Federal Reserve

WASHINGTON — Gov. Ron DeSantis of Florida, who is preparing to take a widely anticipated leap into a 2024 presidential campaign, appears to have discovered something that populists throughout history have found to be true: Bashing the Federal Reserve is good politics. Mr. DeSantis has begun to criticize Jerome H. Powell, the Fed chair, in […]

Updated: Apr 11, 2023
Why Banks Are Suddenly Closing Customer Accounts

Naafeh Dhillon had just left the holiday light show at Saks Fifth Avenue in New York when he learned that all of his bank accounts had mysteriously gone dark. After the show, Mr. Dhillon, his girlfriend and some friends escaped the cold and had dinner at a French bistro — but when it came time […]

Updated: Apr 8, 2023
Klaus Teuber, Creator of the Board Game Catan, Dies at 70

Klaus Teuber, who 28 years ago created The Settlers of Catan, an enduringly popular board game that has spawned college intramural teams and international tournaments, been name-checked on “South Park” and “Parks and Recreation,” inspired a novel and sold some 40 million copies worldwide, died on Saturday. He was 70. Catan GmbH, which publishes and […]

Updated: Apr 5, 2023
In Surprise, OPEC Plus Announces Cut in Oil Production

Saudi Arabia, Russia and their oil-producing allies announced on Sunday that they would cut production by nearly 1.2 million barrels of crude a day, or more than 1 percent of world supplies, in an apparent effort to increase prices. The move was unexpected because leaders of the group, known collectively as OPEC Plus, said in […]

Updated: Apr 2, 2023
Biden Calls on Regulators to Increase Oversight of Certain Banks

WASHINGTON — President Biden on Thursday called on financial regulators to toughen oversight of medium-size banks that faced reduced scrutiny after a regulatory rollback during the Trump administration, his most aggressive response yet to the failure of two banks this month that rattled the nation’s financial system. Mr. Biden’s proposals would not require any action […]

Updated: Mar 30, 2023
Do Kwon, Crypto Fugitive, Led a Very Public Life While on the Run

Not long after the South Korean government issued a warrant for his arrest, Do Kwon, the cryptocurrency entrepreneur who became a fugitive, joined a livestream with two popular crypto podcasters. They had arranged for Mr. Kwon to speak alongside Martin Shkreli, the former pharmaceutical executive who was sentenced to seven years in prison for fraud. […]

Updated: Mar 24, 2023
Frozen Strawberries Recalled Over Hepatitis A Risk

Frozen organic strawberries sold at Costco, Aldi, Trader Joe’s and other retailers have been recalled after the products were linked to five cases of hepatitis A in Washington State, the Food and Drug Administration said. The administration and the Centers for Disease Control and Prevention, in partnership with state and local agencies, are investigating the […]

Updated: Mar 18, 2023
Stock Markets Fall as Bank Shares Take a Beating

Markets were upended on Wednesday as investors’ fears over the health of the banking industry resurfaced and spread around the world, reversing some of the rally on Tuesday when the panic appeared to pause. On Wall Street, the S&P 500 fell 0.9 percent in afternoon trading, recovering some ground after a sharper drop earlier in […]

Updated: Mar 15, 2023