‘It’s All Just Wild’: Tech Start-Ups Reach a New Peak of Froth
There’s more money and more bubbly behavior. Investors insist it’s rational.
New York Times
Mexico Is Buying a Texas Oil Refinery in a Quest for Energy Independence
President López Obrador wants to halt most oil exports and imports of gasoline and other fuels. Critics say he is reneging on Mexico’s climate change commitments.
China’s Economy Is Slowing, a Worrying Sign for the World
Economic output climbed 4 percent in the last quarter of 2021, slowing from the previous quarter. Growth has faltered as home buyers and consumers become cautious.
Taking On Starbucks, Inspired by Bernie Sanders
The liberal workers the company has long attracted are expanding a union campaign to other cities after a landmark victory in Buffalo.
Supply Chain Woes Could Worsen as China Imposes Covid Lockdowns
American manufacturers are worried that China’s zero-tolerance coronavirus policy could throw a wrench in the global conveyor belt for goods this year.
Retail Sales Fell in December, a Slowdown in a Robust Holiday Shopping Season
Despite that 1.9 percent decline, sales for the fourth quarter of 2021 jumped 17.1 percent as consumers began their holiday shopping earlier.
Critics Say I.M.F. Loan Fees Are Hurting Nations in Desperate Need
Democratic lawmakers say the global fund’s surcharges for emergency relief siphon away money that countries need to fight the pandemic.
Spike in Inflation Reignites Debate on Price Controls
A discussion over whether price controls would work to stem inflation is sweeping progressives. So far, it has little political acceptance.
Biden Will Nominate Three New Fed Officials
The nominees would bring more diverse leadership to the Fed, which has struggled to expand its ranks.
Checking Privilege in the Animal Kingdom
Researchers say the human concepts of intergenerational wealth and inequality are useful for studying some animals’ behavior.
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