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Economy

Actors’ Union Says It Receives ‘Last, Best and Final’ Offer From Studios

Evan Harrington

The negotiating committee of the actors’ union, SAG-AFTRA, told its members on Saturday that it had received a “Last, Best and Final Offer” from the major entertainment studios as a…

Economy

Fed Holds Interest Rates Steady and Pledges to Proceed Carefully

Evan Harrington

The Federal Reserve left interest rates unchanged on Wednesday while keeping alive the possibility of a future increase, striking a cautious stance as rapid inflation retreats but is not yet…

Economy

Berkshire Stung by Losses in Its Stock Holdings

Evan Harrington

Berkshire Hathaway, the conglomerate run by Warren Buffett, posted its first overall quarterly loss in a year on Saturday on the falling prices of Apple and other stocks it owns,…

Economy

WeWork Bankruptcy Would Deal Another Blow to Ailing N.Y. Office Market

Evan Harrington

For years, landlords around the world clamored to get WeWork into their office buildings, a love affair that made the co-working company the largest corporate tenant in New York and…

Economy

Jazmine Hughes Resigns From New York Times After Signing Letter Protesting War

Evan Harrington

Jazmine Hughes, an award-winning New York Times Magazine staff writer, resigned from the publication on Friday after she violated the newsroom’s policies by signing a letter that voiced support for…

Economy

Job Growth Slows, Sowing a Mix of Concern and Calm

Evan Harrington

The labor market has been relentlessly hot since the U.S. economy began to recover from the shock of the pandemic. But there are signs of cooling as the holidays approach.Employers…