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Economy

The OpenAI Drama Has a Clear Winner: The Capitalists

Evan Harrington

What happened at OpenAI over the past five days could be described in many ways: A juicy boardroom drama, a tug of war over one of America’s biggest start-ups, a…

Economy

U.S. Gas Prices Drop Ahead of Thanksgiving Travel

Evan Harrington

U.S. gasoline prices are plunging just in time for Thanksgiving, and with the OPEC Plus oil cartel in apparent disarray, they could be heading lower for Christmas.Lower prices at the…

Economy

What to Know About Long-Term Care Insurance

Evan Harrington

If you’re wealthy, you’ll be able to afford help in your home or care in an assisted-living facility or a nursing home. If you’re poor, you can turn to Medicaid…

Economy

Ford Resumes Work on E.V. Battery Plant in Michigan, at Reduced Scale

Evan Harrington

Ford Motor said Tuesday that it was resuming work on an electric vehicle battery plant in Michigan but significantly scaling back its plans in part because of slow E.V. adoption…

Economy

Susan Sarandon Dropped by Talent Agency After Remarks on Gaza War

Evan Harrington

Two actresses, one an Academy Award-winning veteran and the other a relative newcomer, have been dropped by Hollywood companies after comments they separately made about the Israel-Hamas war drew criticism.Susan…

Economy

Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn

Evan Harrington

Federal Reserve officials are contemplating whether they will need to raise interest rates again to cool the economy and ensure that rapid inflation will fully fade, and minutes from their…