U.S. Crude-Oil and Fuel Inventories Fall Across the Board
U.S. inventories of crude oil fell last week by 1.5 million barrels last week to 452.2 million barrels, and are about 1% […]
DoorDash, Uber Eats, Grubhub Sue New York City Over Wage Law
The companies say new minimum pay rates are based on flawed calculus and will raise consumer prices and limit worker flexibility.
Publishers and Advertisers Push Back at FTC’s ‘Click-to-Cancel’ Proposal
Mandating a simpler cancellation process would confuse consumers and create problems for businesses, trade groups say.
Complex Fund Names May Be a Warning Sign for Investors
The more-wordy your fund name, the worse it does, says a professor who ran the numbers. But the reason isn’t clear.
Japan’s Plan to Become a Chipmaking Champ Hinges on This Startup
Rapidus is looking to invest about $35 billion to manufacture 2-nanometer chips and work with the U.S. to counter China’s ambitions.
Meta Threads the Right Needle to Poke Twitter
Unlike previous, clunky attempts to create a new Twitter, Mark Zuckerberg’s Threads will effectively be a new extension of a huge social […]
New York State Built Elon Musk a $1 Billion Factory. ‘It Was a Bad Deal.’
New Tesla facility in Buffalo was supposed to house a huge solar-panel operation, but the project hasn’t turned out as planned.
Analysis: European Earnings Resilience to Be Tested by Slowing Economy
A slowing eurozone economy has investment strategists fearing corporate profits will soon fall under pressure.
Number Puzzles (Saturday, July 08)
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Olivia Rodrigo and the Art of Doing the Same Thing Twice
From its quiet piano intro to the use of the color purple, the new single ‘Vampire’ builds on the star’s older ‘Drivers […]
Cannabis Is Linked to Mental Illness
A major new study shows that people who abuse the drug are more likely to be diagnosed with depression and bipolar disorder.
FIS to Sell Majority Stake in Worldpay for $11.7 Billion
Fidelity National Information Services said it will retain a non-controlling 45% stake in a stand-alone joint venture.