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Investments and Business

Charles T. Munger, Much More Than Warren Buffett’s No. 2, Dies at 99

Evan Harrington

Charles T. Munger, who quit a well-established law career to be Warren E. Buffett’s partner and maxim-spouting alter-ego as they transformed a foundering New England textile company into the spectacularly…

Investments and Business

Fed Officials Hint That Rate Increases Are Over, and Investors Celebrate

Evan Harrington

Federal Reserve officials appear to be dialing back the chances of future interest rate increases, after months in which they have carefully kept the possibility of further policy changes alive…

Investments and Business

Bidder Aims to Save Bankrupt Trucking Firm Yellow

Evan Harrington

When Yellow abruptly shuttered its operations in the summer and filed for bankruptcy protection, few thought that a buyer would emerge and try to revive the long-troubled trucking giant.Now a…

Investments and Business

Even Most Biden Voters Don’t See a Thriving Economy

Evan Harrington

It’s difficult for presidents to directly control inflation in the short term. But the White House has addressed a few specific costs that matter for families, by releasing oil from…

Investments and Business

Shein, the Fast-Fashion Giant, Is Said to Have Filed for an I.P.O.

Evan Harrington

Shein, the ultrafast-fashion retailer founded in China more than a decade ago, has filed confidentially for an initial public offering in the United States, according to a person familiar with…

Investments and Business

Paris Mayor Anne Hidalgo Says She Is Leaving X

Evan Harrington

Anne Hidalgo, the mayor of Paris, announced Monday on X, formerly Twitter, that she was quitting the social media site because it had devolved into a “gigantic global sewer” for…