Why Better Times (and Big Raises) Haven’t Cured the Inflation Hangover
Frustrated by higher prices, many Pennsylvanians with fresh pay raises and solid finances report a sense of insecurity lingering from the pandemic.
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Highlights
CreditRoss Mantle for The New York Times A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up
On a scale not seen in decades, many Americans are stuck in homes they would rather leave.
By Emily Badger and
CreditThe New York Times U.S. Awards Samsung $6.4 Billion to Bolster Semiconductor Production
The federal grants will support Samsung’s new chip manufacturing hub in Taylor, Texas, along with the expansion of an existing site in Austin.
By Madeleine Ngo and
CreditAdam Davis/EPA, via Shutterstock Dana White, Donald Trump and the Rise of Cage-Match Politics
White, chief executive of the bloody and beloved Ultimate Fighting Championship, has shot to the peak of Trump-era culture and political influence. What does he want?
By Matt Flegenheimer, Joseph Bernstein and
CreditScott McIntyre for The New York Times
Oil Markets Shrug Off Iran’s Attack on Israel
Investors are taking a wait-and-see approach after the much-anticipated aerial assault had little effect on oil supplies.
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CreditPlanet Labs, via Associated Press Netflix’s New Film Strategy: More About the Audience, Less About Auteurs
Dan Lin, the streaming service’s new film chief, wants to produce a more varied slate of movies to better appeal to the array of interests among subscribers.
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CreditFrederic J. Brown/Agence France-Presse — Getty Images News Outlets Urge Trump and Biden to Commit to Presidential Debates
In an unusual statement, the news organizations said “there is simply no substitute” for a face-to-face debate, a campaign staple since 1976.
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CreditPool photo by Morry Gash $17,000 to Watch the Masters? How Sports Entice Deep-Pocketed Fans.
Teams, leagues and event organizers are pursuing enthusiasts with the promise of luxury and exclusivity, in hopes of bigger profits and lasting loyalty.
By Alan Blinder, Kevin Draper and
Credit Economists had been expecting the Federal Reserve to cut rates sharply this year. But stubborn inflation and strong growth may change the narrative.
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CreditJosie Norton
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Germany’s Leader Walks a Fine Line in China
Chancellor Olaf Scholz tried to promote German business interests while delivering warnings from Europe about trade and geopolitical tensions.
By Alexandra Stevenson and Melissa Eddy
Microsoft Makes High-Stakes Play in Tech Cold War With Emirati A.I. Deal
Microsoft plans to invest $1.5 billion in G42, an Emirati company with ties to China, as Washington and Beijing maneuver to secure tech influence in the Gulf.
By Paul Mozur and David E. Sanger
China’s Economy, Propelled by Its Factories, Grew More Than Expected
China’s big bet on manufacturing helped to counteract its housing slowdown in the first three months of the year, but other countries are worried about a flood of Chinese goods.
By Keith Bradsher and Alexandra Stevenson
Boeing Defends Safety of 787 Dreamliner After Whistle-Blower’s Claims
After a Boeing engineer went public with safety concerns, the company invited reporters to its South Carolina factory and top engineers vouched for the plane.
By Mark Walker and Niraj Chokshi
Patti Astor, Doyenne of New York’s Avant-Garde Scene, Dies at 74
She was a founder of the Fun Gallery, which staged early shows by Keith Haring and other artists who defined the city’s downtown scene in the 1980s.
By Penelope Green
E.V. Sales Are Slowing. Tesla’s Are Slumping.
More competition and flagging demand for electric vehicles has led to declining sales at Tesla.
By J. Edward Moreno and Karl Russell
NPR C.E.O. Faces Criticism Over Tweets Supporting Progressive Causes
Katherine Maher, who took over the public network last month, posted years ago on Twitter that “Donald Trump is a racist.”
By Benjamin Mullin
Trump Media Stock Plunges 18%, Extending Recent Losses
Funds that bet on a fall were set to profit as the parent of Truth Social came under renewed pressure after it registered new shares for a potential sale.
By Matthew Goldstein and Joe Rennison
The SHifTA.I. Has a Measurement Problem
Which A.I. system writes the best computer code or generates the most realistic image? Right now, there’s no easy way to answer those questions.
By Kevin Roose
Flying With Dogs or Cats? These Are Airlines’ Pet Policies
American recently relaxed its rules for pets traveling inside the cabin with their owners. Here’s what the major U.S. airlines require to travel with a pet.
By Jesus Jiménez
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