Nick Holonyak Jr., Pioneer of LED Lighting, Is Dead at 93
He invented a visible red-light diode. His 41 patents also included lasers that enabled DVD and CD players.
The Markets Face a Rare Double Decline
The losses in tech stocks and bonds is wrecking investor portfolios, and analysts warn of more sell-offs.
Did You Sell an Old Desk Online? You May Receive a Tax Form.
A law requires online marketplaces to send out a Form 1099-K for sales of $600 or more. Most casual sellers...
What We Know About the Mysterious Nord Stream Pipeline Leaks
The leaks, which may amount to as much as a third of Denmark’s annual carbon emissions, expose the vulnerability of...
Fed Announces Plan to Assess Climate Risks to Banks
The Federal Reserve will put big banks through climate scenario tests next year, but the exercises will not force banks...
Porsche Shares Jump in Blockbuster Market Debut
Volkswagen spun off the German carmaker on the Frankfurt Stock Exchange, where its stock began trading higher despite a broader...
German Inflation Soars to Double Digits for First Time in Decades
Consumer prices rose 10.9 percent over the year through September, much higher than expected, driven by high energy and food...
How McKinsey Got Into the Business of Addiction
The consulting firm’s work with opioid makers is well known, but for decades McKinsey worked with Big Tobacco and has...
Stocks Drop as Focus Shifts Back to a Potential Recession
Investors are anticipating a global recession as central bankers take a hard line against inflation, looking to slow the economy...
U.S. Economy Weaker Than Thought in Year’s First Half, by One Measure
Gross domestic income, adjusted for inflation, grew more modestly than first estimated. Unlike gross domestic product, though, it remained positive.
