Business
European Central Bank Raises Rates Again as Eurozone Inflation Persists
2 February 2023
European Central Bank Raises Rates Again as Eurozone Inflation Persists
Another half-point increase pushed rates to the highest levels since 2008, and the bank said it “expects to raise them…
Shell’s Profit Soared to $42 Billion Last Year
2 February 2023
Shell’s Profit Soared to $42 Billion Last Year
The record haul, pushed by high energy prices and a hunger for liquefied natural gas, came as a new chief…
Falling Mortgage Rates Bring Some Home Buyers Back to Market
2 February 2023
Falling Mortgage Rates Bring Some Home Buyers Back to Market
Buyers are returning after being sidelined by a jump in borrowing costs, but experts say that the uncertain state of…
The Trillion-Dollar Question: Could a Coin Save the Day?
2 February 2023
The Trillion-Dollar Question: Could a Coin Save the Day?
The latest standoff over raising the nation’s debt ceiling is giving new life to an old theory about how to…
Bank of England Raises Rates to 4 Percent, Its 10th Straight Increase
2 February 2023
Bank of England Raises Rates to 4 Percent, Its 10th Straight Increase
The bank raised rates by half a point to the highest since 2008, but softened its tone on future rate…
Investors Cheer Meta’s Slimmed-Down Ambitions
2 February 2023
Investors Cheer Meta’s Slimmed-Down Ambitions
Meta’s chief executive, Mark Zuckerberg, called 2023 the “year of efficiency,” a pronouncement that is reassuring investors and sparking a…
Senator Calls on Apple and Google to Ban TikTok in App Stores
2 February 2023
Senator Calls on Apple and Google to Ban TikTok in App Stores
Michael F. Bennet, a Colorado Democrat, cited national security, adding to bipartisan pressure on the Chinese-owned video app.
Forget Pandemic Puppies. Meet the Inflation Chicken.
2 February 2023
Forget Pandemic Puppies. Meet the Inflation Chicken.
Which shortage came first: the chicks or the eggs? Spooked by a huge spike in egg prices, some consumers are…
Gawker, the Irreverent Gossip Site, Will Be Shuttered Again
2 February 2023
Gawker, the Irreverent Gossip Site, Will Be Shuttered Again
Bustle Digital Group, which publishes Gawker, said it would shut down the recently revived site after “a surprisingly difficult” start…
Adani, Embattled Indian Company, Scraps $2.5 Billion Share Sale
2 February 2023
Adani, Embattled Indian Company, Scraps $2.5 Billion Share Sale
The cancellation of the offering is a blow to the company and its billionaire owner, Gautam Adani.