Lael Brainard, a Federal Reserve governor whom President Biden has nominated to be the central bank’s new vice chair, plans to tell lawmakers that the central bank will use its policies to wrestle inflation under control when she testifies at her confirmation hearing. Ms. Brainard, who will face vetting before the Senate Banking Committee at […]
The early jockeying in the Republican field has been characterized by most candidates’ efforts to win the support of grass-roots voters who backed former President Donald J. Trump. They include Kathy Barnette, a conservative commentator who has fanned the false conspiracy that Mr. Trump won Pennsylvania in 2020, and Carla Sands, a wealthy former ambassador […]
Inflation closed out 2021 on a high note, bad news for the Biden White House and for economic policymakers as rapid price gains erode consumer confidence and cast a shadow of uncertainty over the economy’s future. The Consumer Price Index climbed by 7 percent in the year through December, and by 5.5 percent after stripping […]
Delta Air Lines and a large flight attendants union are fighting about whether the company’s new isolation policy for employees who test positive for the coronavirus puts workers and travelers at risk. The airline’s chief legal officer sent a letter on Friday to the Association of Flight Attendants-C.W.A. saying the union had posted “false and […]
A United Airlines jet at Newark Liberty International Airport in New Jersey. One in three United workers at the airport have called in sick.Credit…Chris Helgren/Reuters In a single day over the holidays, nearly one in three United Airlines employees called in sick at Newark Liberty International Airport, a major hub for the airline, the company’s […]
“It was either die or do this transplant,” Mr. Bennett said before the surgery, according to officials at the University of Maryland Medical Center. “I want to live. I know it’s a shot in the dark, but it’s my last choice.” Dr. Griffith said he first broached the experimental treatment in mid-December, a “memorable” and […]
The yacht maintenance business has been jumping. MB92, which also owns a smaller yard in La Ciotat, France, reported revenue of €191 million (about $215 million) in 2021, up from €150 million in 2019. Even if a superyacht is a striking showcase of wealth, owners expect those working for them to keep silent about their […]
A freelance writer, Ruth Shalit Barrett, accused The Atlantic of defamation in a lawsuit that centers on the rare retraction of a magazine article. Ms. Barrett was the author of “The Mad, Mad World of Niche Sports,” an investigative article about wealthy Connecticut parents pursuing Ivy League admissions for their children through various athletic endeavors. […]
What’s Up? (Jan. 2-8) Shifting Guidance for Employers Businesses were grappling with increased staff shortages while workers called in sick or tested positive for Covid-19 as well as shifting guidance on what they are required to do to keep their workers safe. On Tuesday, the Centers for Disease Control and Prevention stood by its guidance […]
In 2012, Mr. Perelman sued his art dealer, Larry Gagosian, claiming he’d been repeatedly induced to spend more for works than they were worth. In 2013, Harland Clarke, another Perelman company, sued Michael Milken over a deal. Mr. Perelman said it wasn’t personal, but still. Mr. Milken was — as the former head of high […]
