Business

Dating Apps Thrive in China, but Not Just for Romance

When Qu Tongzhou, a photography assistant in Shanghai, set out on a long-awaited trip to western China in June, she…

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Biogen Agrees to Pay $900 Million to Settle Lawsuit Over Kickbacks

The pharmaceutical company Biogen has agreed to pay $900 million to settle federal and state claims that it paid kickbacks…

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British Pound Touches Record Low as Investors Balk at Government’s Tax Plans

Global investors’ resounding rejection of the new British government’s plans for tax cuts and borrowing continued Monday, with the pound…

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Why a Weak British Pound Matters

The British pound on Monday briefly hit a record low against the dollar, extending losses after Britain’s new government on…

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The Dollar Is Strong. That Is Good for the U.S. but Bad for the World.

The Federal Reserve’s determination to crush inflation at home by raising interest rates is inflicting profound pain in other countries…

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European Political Turmoil Roils Global Markets

Kwasi Kwarteng, Britain’s chancellor of the Exchequer, promised more ambitious fiscal policies were coming.Credit...Toby Melville/ReutersEuropean ...

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TikTok Seen Moving Toward U.S. Security Deal, but Hurdles Remain

The Biden administration and TikTok have drafted a preliminary agreement to resolve national security concerns posed by the Chinese-owned video…

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Factory Jobs Are Booming Like It’s the 1970s

WASHINGTON — Ever since American manufacturing entered a long stretch of automation and outsourcing in the late 1970s, every recession…

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While You’re in the Air, Pilots’ Key Partners May Be Working From Home

Millions of people boarded flights this summer, eager for an escape more than two years into a stifling pandemic. What…

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The Week in Business: The Fed Hits the Brakes

Credit...Giacomo BagnaraWhat’s Up? (Sept. 18-24) Central Banks Forge Ahead At the Federal Reserve’s much-anticipated meeting on Wednesday ...

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