The fun thing about conceptual art is that it’s totally easy to create. You can say something about the increasingly virtual way many of us experience the world, and the explosive popularity of NFTs (nonfungible tokens) — or seem to say something profound, anyway — just by staging a Central Park happening around a knee-high […]
Jeff Zucker resigned on Wednesday as the president of CNN and the chairman of WarnerMedia’s news and sports division, writing in a memo that he had failed to disclose to the company a romantic relationship with another senior executive at CNN. Mr. Zucker, 56, is among the most powerful leaders in the American media and […]
NEW DELHI — India’s government on Tuesday unveiled its annual budget, which proposed a significant spending increase for highways, road and airports, but a smaller increase for rural development and employment. The $530 billion budget for the fiscal year beginning on April 1 put forth by Prime Minister Narendra Modi’s government calls for a major […]
With the havoc at ports showing no signs of abating and prices for a vast array of goods still rising, the world is absorbing a troubling realization: Time alone will not solve the Great Supply Chain Disruption. It will require investment, technology and a refashioning of the incentives at play across global business. It will […]
It once was a rule of thumb on Wall Street that January set the tone for the year. By that measure, the forecast for stocks in 2022 would be downbeat, and subject to wild swings. The S&P 500 index ended the month down 5.3 percent on Monday, its worst monthly performance since March 2020, which […]
On Friday, the Labor Department said that the Personal Consumption Expenditures index, the Fed’s preferred measure of inflation, rose 5.8 percent in the year through December, the fastest jump since 1982. The concern on Wall Street is that interest rates will climb too quickly, hurting corporate profits, hindering consumer demand and discouraging investments in stocks. […]
At halftime of the A.F.C. championship game on Sunday, the Kansas City Chiefs led the Cincinnati Bengals, 21-10. For the Bengals to win, they would need to make some adjustments. But those hoping to listen to some halftime analysis on the CBS broadcast were unlikely to hear any commentary. It was nearly inaudible. As the […]
Mr. Bernstein stipulated that while debt financing has its place, the White House also believes it has firm limits within its agenda. “The outcome of all this is going to be some mix of progressively raised revenues and investments in essential public goods with a high return financed by some borrowing.” Looking Ahead, and to […]
After the remains of Hurricane Ida dumped historic levels of rain in the Northeast last year, ABC News’s chief meteorologist, Ginger Zee, stood in front of a collapsed bridge in New Jersey and gave viewers of “Good Morning America” a clear warning. “Human-induced” global warming does not cause storms like Hurricane Ida to happen in […]
The DealBook newsletter delves into a single topic or theme every weekend, providing reporting and analysis that offers a better understanding of an important issue in business. If you don’t already receive the daily newsletter, sign up here. From Washington to Brussels, policy folks are focused on digital privacy. Just this week, three states and […]