Business
The Jobs Report: The Boom That Wasn’t

It’s a little secret of the news business that for some anticipated events, like a Supreme Court decision or the death of a prominent figure, we pre-write much of an article or different versions of them so that we can publish quickly once news occurs. Which is why there is now a trashed draft of […]

Updated: May 7, 2021
David Swensen, Who Revolutionized Endowment Investing, Dies at 67

Other money managers joining universities sought Mr. Swensen’s advice. He always suggested that they keep their offices on campus if possible, and he was sensitive to matters that students brought up, like climate change. Students have continued to push Yale to take a stronger stand on the issue. Mr. Swensen acknowledged that greenhouse gas emissions […]

Updated: May 7, 2021
Jobless Claims Continue to Fall: Live Updates

Here’s what you need to know: A vaccination event in Miami last week. The jobless rate has fallen in recent weeks as as businesses reopen and vaccination rates increase.Credit…Saul Martinez for The New York Times Unemployment filings fell again last week as the improving public health situation and the easing of pandemic-related restrictions allowed the […]

Updated: May 6, 2021
Biden Leans Into Plans to Tax the Rich

“Ultimately, his political standing is judged by the health and well-being of the economy,” said Josh Holmes, a political adviser to Senator Mitch McConnell of Kentucky, the Republican leader. “What he’s talking about from a tax perspective is administration-assisted suicide.” Today in Business Updated  May 5, 2021, 6:08 p.m. ET But Mr. Holmes agreed that, […]

Updated: May 6, 2021
Can the Biden Agenda Fix Middle America’s Deepest Problem?

Last week, the Census Bureau said the last decade’s population growth was the slowest in generations. Also last week, President Biden addressed Congress and laid out a wide-ranging, multi-trillion dollar economic agenda. The two developments are tightly related. For much of the United States, a demographic crisis and an economic crisis are two sides of […]

Updated: May 5, 2021
What the Gates Divorce Means for the Gates Foundation

The Bill and Melinda Gates Foundation started with ambitions that, by its lofty standards today, appear almost quaint: providing free internet access to public libraries in the United States. As its founders’ objectives grew in scope, so did the foundation’s reach, until it achieved its current position as the pre-eminent private institution in global public […]

Updated: May 5, 2021
Goldman Sachs Will Ask Most Workers to Return in June: Live Updates

Here’s what you need to know: Goldman Sachs headquarters in New York.Credit…Johannes Eisele/Agence France-Presse — Getty Images Goldman Sachs plans to ask most workers based in the United States and United Kingdom offices to return to the office in June, according to a person familiar with the matter, making it one of the first big […]

Updated: May 4, 2021
Apple and Epic Trial Opens With a Tour of the Fortnite ‘Metaverse’

OAKLAND, Calif. — Cosmetics. Digital dances called “emotes” A currency called V-Bucks. Virtual concerts. Fortnite, the popular gaming platform, is more than just a game. It is a “metaverse,” full of virtual life, said Tim Sweeney, chief executive of Epic Games, the company that created Fortnite. And Apple, he argued in federal court on Monday, […]

Updated: May 4, 2021
Verizon Sells AOL and Yahoo to Apollo for $5 Billion

Verizon Communications, signaling that it has given up on its media business, said on Monday that it agreed to sell Yahoo and AOL to the private equity firm Apollo Global Management for $5 billion. The sale includes Verizon’s advertising technology business as well, and the company will retain a 10 percent stake in the business, […]

Updated: May 3, 2021
Help, We Can’t Stop Writing About Andrew Yang

“The media has a bias toward celebrity and novelty and energy,” said U.S. Representative Ritchie Torres of the Bronx, who has endorsed Mr. Yang. The candidate’s version of Trumpian provocation is a series of Twitter controversies over mildly misguided enthusiasm for bodegas and subways. “The Daily Show” last week launched a parody Twitter account featuring […]

Updated: May 3, 2021