Section Desk
Business & Markets
Corporate, economic, and market-moving updates with an institutional edge.
Section Lead
CBS News Cuts 6% of Staff as Bari Weiss Reshapes the Division
The layoffs affected several dozen employees at the news division, which is owned by the technology heir David Ellison. The company is also shuttering CBS News Radio.
Recent Briefs
More from Business & Markets
Every story card on this desk now opens into a brief page before the source click-out.
More! More! More! Tech Workers Max Out Their A.I. Use
At a number of companies, employees compete on leaderboards to show how much A.I. they’re using. They’re racking up big bills along the way.
The U.S. Economy Is Insulated From High Oil Prices. Americans Aren’t.
The overall economy has proved resilient in recent years, even as many households have struggled. The war with Iran is following the same pattern.
Trump-backed television merger moves forward
Critics fear the consolidation will add to strains facing local news and degrade coverage.
Work from home and drive more slowly to save energy, global body urges
People should change how they travel, work and cook to tackle the energy price crisis, the International Energy Agency says.
Federal Reserve Board issues enforcement actions with former employee of Ally Bank and former employee of Regions Bank
Federal Reserve Board issues enforcement actions with former employee of Ally Bank and former employee of Regions Bank
UK borrowing costs hit highest level since 2008 financial crisis
The interest rate on government debt is climbing over fears about inflation, interest rates, and public spending, experts have said.
Fed Official Urges Caution on Rate Cuts as Iran War Drags On
Christopher J. Waller, a Federal Reserve governor, said he would support rate cuts later this year if the labor market continued to weaken.
Oil Prices Hold Steady as Global Stocks Nudge Lower
Oil prices had been gyrating this week, after a new round of attacks on major energy facilities in Iran and Qatar raised concerns about energy supplies.
Typical energy bill forecast to rise by £332 a year in July
Cornwall Insight says the recent surge in energy prices due to the Iran war is set to push up household bills.
BTS Is Back With ‘Arirang,’ but the K-Pop Landscape Has Changed
The superstar boy band returns after a four-year hiatus on Friday. The genre it helped turn into a global juggernaut has endured some shifts, and minted new stars.
The I.R.S. Is Phasing Out Paper Checks. Here’s How to Speed Your Refund.
President Trump has directed that most federal payments be issued electronically, including tax refunds. Last year nearly 10 million people got their refund via a paper check.