The New York Times – Business:
Consumer spending is a crucial driver of economic growth, and a new report showing a rise in sales allayed recession fears.
Category: Business
-
Walmart Sees Higher Sales From Picky Shoppers
The New York Times – Business:
The retail giant raised its forecasts as it attracted bargain-hunting shoppers strained by inflation, drawing in high-income households in particular.
-
The economy moves center stage in the election
The New York Times – Business:
Inflation is cooling but hiring is slowing as Kamala Harris and Donald Trump fine tune their pitch to voters.
-
U.S. to Announce Prices for First Drugs Picked for Medicare Negotiations
The New York Times – Business:
The Biden administration said it would have saved $6 billion had the new prices been in effect last year.
-
Five Possible Candidates to Lead Japan
The New York Times – Business:
Japan’s Liberal Democratic Party is searching for a successor to Prime Minister Fumio Kishida. But is it willing to change to appease a dissatisfied public?
-
In South Korea, Documenting a Divide Over Work-Life Balance
The New York Times – Business:
The reporter Jin Yu Young wrote about companies that have pushed their managers to work longer hours, a move that has not gone over well with some young people in the country.
-
U.K. Economy Buoyed by Reports on Growth, Inflation and Jobs
The New York Times – Business:
After ending last year in a recession, Britain’s economy has so far bounced back this year.
-
WeRide, a Chinese Autonomous Driving Start-Up, Is About to Go Public
The New York Times – Business:
WeRide, a $5 billion software maker, is set for an I.P.O. amid geopolitical risks and a rush by Chinese automotive tech firms to raise money in the United States.
-
To Solve Its Housing Crisis, Britain Turns to an Old Idea: New Towns
The New York Times – Business:
By reviving an idea from the 1940s, the Labour Party government is hoping to overcome the development hurdles that have plagued previous efforts with a plan to build new communities.
-
How the British Learned to Stop Worrying and Love Peanut Butter
The New York Times – Business:
The land of Marmite and jam is finally embracing America’s favorite spread, after years in which it was impossible to find.