Economy
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Record Number of Writers Were Jailed Globally in 2023, PEN America Says
For the first time, China has more than 100 incarcerated writers, and Israel and Russia entered the list of the…
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Job Openings and Hiring Are at a 3-Year Ebb
March data showed a cooling labor market, but layoffs remain low. The overall trend is likely to be welcomed by…
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The Cannabis Industry Hopes for New Highs
The Justice Department’s recommendation that restrictions on marijuana be lifted have revived expectations for a business that has waited years…
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The Fed Tries to Steer Clear of Politics, But Election Year Is Making It Tough
Economists are wondering whether political developments could play into both the Fed’s near-term decisions and its long-term independence.
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What to Watch as the Fed Makes Its Interest Rate Decision
Policymakers are expected to leave borrowing costs unchanged, but investors are bracing for signals that rates will stay higher for…
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Drought That Snarled Panama Canal Was Linked to El Niño, Study Finds
The low water levels that choked cargo traffic were more closely tied to the natural climate cycle than to human-caused…
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PG&E Seeks Approval to Sell Stake in Its Power Operations
California’s largest utility said its proposed deal with the global investment firm KKR could reduce customer rates by $100 million…
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Tesla Fires Many on Charger Team, Raising Doubts About Expansion
The carmaker dismissed hundreds of employees in a unit that was critical to its success and seen as important to…
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Water Heaters Use Lots of Energy. The D.O.E. Wants to Change That.
The Biden administration is tightening efficiency rules for water heaters, stoves and other appliances, and conservative politicians are dialing up…
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Jeff Zucker Abandons Telegraph Bid, Putting London Paper Back Into Play
RedBird IMI said it had withdrawn its attempt to acquire the storied newspaper after a revolt from Conservative Party leaders.