Category: Business
U.S. Steel Acquisition Proposal Tests Biden’s Industrial Policy
U.S. Steel is an iconic example of the lost manufacturing muscle that President Biden says his economic policies will bring back to the United States….
How a Millennial Estée Lauder Built a Widely Popular Beauty Brand
Karissa Bodnar played on her customers’ desire to belong to something bigger than … well, beauty. More information
U.S. Awards Chip Supplier $162 Million to Bolster Critical Industries
The Biden administration on Thursday announced plans to provide $162 million in federal grants to Microchip Technology, an Arizona-based semiconductor company that supplies the automotive,…
Auto Sales Are Expected to Slow After a Strong 2023
After enjoying a strong rebound in sales in 2023, the auto industry appears headed for slower growth this year as consumers struggle with elevated interest…
Companies Like Afterpay and Affirm May Put Americans At Risk For ‘Phantom Debt’
“Buy now, pay later” loans are helping to fuel a record-setting holiday shopping season. Economists worry they could also be masking and exacerbating cracks in…
How Tracking and Technology in Cars Is Being Weaponized by Abusive Partners
After almost 10 years of marriage, Christine Dowdall wanted out. Her husband was no longer the charming man she had fallen in love with. He…
U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up
The Biden administration is quietly signaling new support for seizing more than $300 billion in Russian central bank assets stashed in Western nations, and has…
Tencent and Netease Rally on Signs China May Ease Gaming Proposal
The stock prices of Chinese video game companies rebounded Wednesday after investors seized on signals that the government was having second thoughts about proposed regulations…
Holiday Spending Increased, Defying Fears of a Decline
Despite lingering inflation, Americans increased their spending this holiday season, early data shows. That comes as a big relief for retailers that had spent much…
Red Sea Shipping Halt Is Latest Risk to Global Economy
The attacks on crucial shipping traffic in the Red Sea straits by a determined band of militants in Yemen — a spillover from the Israeli-Hamas…