Business

For Tech Companies, Years of Easy Money Yield to Hard Times

Eighteen months ago, the online used car retailer Carvana had such great prospects that it was worth $80 billion. Now…

Inflation Is Cooling, Leaving America Asking: What Comes Next?

After six months of declines, inflation seems to be turning a corner. But the road back to normal is an…

Their Children Are Their Retirement Plans

The offspring of many East Asian immigrants are raised to support their elders in their later years. That gives a…

The Week in Business: The Debt Limit and Politics

Credit...Giacomo BagnaraWhat’s Up? (Jan. 15-21) The U.S. Hits Its Debt Ceiling The United States hit its borrowing cap of $31.4…

As Deepfakes Flourish, Countries Struggle With Response

Deepfake technology — software that allows people to swap faces, voices and other characteristics to create digital forgeries — has…

Families Struggle as Pandemic Program Offering Free School Meals Ends

A federal benefit guaranteeing free school meals to millions more students has expired as food prices have risen. Many families…

How the U.S. Government Amassed $31 Trillion in Debt

Two decades of tax cuts, recession responses and bipartisan spending fueled more borrowing — contributing $25 trillion to the total…

How Smart Are the Robots Getting?

Franz Broseph seemed like any other Diplomacy player to Claes de Graaff. The handle was a joke — the Austrian…

At Davos, European Distress Over a ‘Made in America’ Law

The U.S. Inflation Reduction Act stirred talk of a trade war, but also proposals for a similar E.U. initiative to…

The Young Founder Who Fooled JPMorgan, According to JPMorgan

When JPMorgan Chase paid $175 million to acquire a college financial planning company called Frank in September 2021, it heralded…

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