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Economy

Why better times (and big increases) haven’t cured the inflation hangover

About 64 percent of Pennsylvanians who responded to a Quinnipiac survey in early January described their financial situation as excellent or good; 24 percent rated it “not so good” and only 9 percent rated it bad. But in the same…

Don Wright, editorial cartoonist with a skewer for a pen, dies at 90

Don Wright, a two-time Pulitzer Prize-winning editorial cartoonist whose searing work cut through duplicity and pomposity and resonated with common-sense readers, died March 24 at his home in Palm Beach, Florida. He was 90 years old. His death was confirmed…

Three facts that help explain a confusing economic moment

The path to a “soft landing” does not seem as simple as it did four months ago. But the expectations of a year ago have been exceeded. April 13, 2024 The economic news of the past two weeks has been…

Ohtani’s dizzying three weeks end with authorities’ exoneration

In the clubhouse after the Los Angeles Dodgers won their season opener in Seoul last month, Shohei Ohtani’s longtime performer Ippei Mizuhara made a surprising admission about the team: He was addicted to the game. and Ohtani had paid his…

War or no war, Ukrainians won’t give up their coffee

When Russian tanks first entered Ukraine more than two years ago, Artem Vradii was sure his business would be affected. “Who would think of coffee in this situation?” thought Mr. Vradii, co-founder of a coffee roastery in kyiv called Mad…

Is the boom and bust economic cycle dead?

Increased international trade, Kelly added, can often offset slowing domestic demand, as companies, thanks to the Internet, can find customers around the world. And the growth of the service sector, she concluded, “has made the economy more stable and, more…

Some New York restaurants test virtual staff taking orders via Zoom

At Sansan Chicken in Long Island City, Queens, the cashier smiled broadly and recommended the fried chicken sandwich. Or maybe he suggested the tonkatsu; It was hard to tell, because the Internet connection from his home in the Philippines was…

Soft landing or no landing? The Federal Reserve’s economic outlook is complicated.

The United States appeared headed for a fairytale economic ending in late 2023. The painfully rapid inflation that had begun in 2021 appeared to be cooling in earnest, and economic growth had begun to gradually moderate after a series of…

Live updates: Inflation higher than expected

A closely watched measure of inflation remained stronger than expected in March, worrying news for Federal Reserve officials who are increasingly concerned that their progress in reducing price increases may be stalling. The surprisingly stubborn inflation reading raised questions among…

Kemo Sabe cowboy hats, worn by Beyoncé and Kevin Costner, rise to fame in Aspen

Kemo Sabe certainly isn’t the only Western-themed store in Aspen, Colorado, but it may be the best known thanks to influencer Alix Earle. While vacationing in Aspen last month, Ms. Earle purchased custom hats at Kemo Sabe with some friends….

TSMC to receive $6.6 billion to boost US chip manufacturing

The Biden administration will provide up to $6.6 billion in grants to Taiwan Semiconductor Manufacturing Company, the leading maker of the most advanced microchips, in a bid to bring some of the most advanced semiconductor technologies to the United States….

FAA investigates Boeing whistleblower’s claims about 787 Dreamliner failures

The Federal Aviation Administration is investigating claims made by a Boeing engineer that sections of the 787 Dreamliner’s fuselage are poorly secured and could break in mid-flight after thousands of trips. Engineer Sam Salehpour, who worked on the plane, detailed…