Fed’s Preferred Inflation Gauge Climbs 6.6% From a Year Earlier
The Personal Consumption Expenditures price index climbed 6.6 percent from a year earlier, the quickest pace of increase since 1982.
Instacart’s Pandemic Boom Is Fading
The grocery delivery start-up changed its leadership, slashed its valuation and shifted its strategy after sales slowed.
Elon Musk Sells Tesla Stock Ahead of Twitter Takeover
He raised $8.5 billion in a series of sales this week and said he didn’t have plans to sell any...
Southwest Airlines Reports $278 Million Loss But Is Optimistic About Demand
The airline reported a $278 million loss in the first three months of the year.
Airbnb Tells Employees They Can Work Remotely Forever
The company, a proponent of more flexible workplace models, previously set a September 2022 date for a return to its...
James Corden Says He’ll Leave His CBS Show Next Year
The British-born host, who was a successful actor and comedian before joining the network’s late-night lineup, has been signaling for...
F.D.A. Moves to Ban Sales of Menthol Cigarettes
Public health experts say the proposal could save hundreds of thousands of lives, especially among Black smokers — 85 percent...
Inside Twitter, Fears That Musk’s Views Will Revisit Past Troubles
Content moderators warn that Elon Musk doesn’t appear to understand the issues that he and the company will face if...
Selling Twitter to Elon Musk Is Good for Investors. What About the Public?
The company’s decision to sell seems to have been based purely on the financials, with little if any regard for...
College-Educated Workers Help Unionize Places Like Starbucks
Since the Great Recession, the college-educated have taken more frontline jobs at companies like Starbucks and Amazon. Now they’re helping...
