Debt Ceiling Crisis: How a Default Could Unfold
The United States is inching closer to calamity, as lawmakers continue to spar over what it will take to raise the country’s $31.4 trillion debt limit. That has raised questions…
‘Skiplagging’ trend gives air travelers a break from soaring fares
Airline passengers feeling the pinch of sky-high fares are increasingly resorting to an old trick to save some money by booking flights with a layover to their intended city and…
Marvell, Gap, RH and more
Check out the companies making headlines before the bell. Marvell Technology — Marvell Technology surged 17% in premarket trading after reporting a top-and-bottom beat in its first quarter. Marvell posted…
A U.S. recession would be ‘good news’ for markets, strategist says
Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2023 in New York City. Michael M. Santiago | Getty Images A U.S.…
Reliance To Introduce This Iconic International Snack To Indian Market
RCPL will launch Alan’s Bugles in Kerala and will be gradually expanded across India (Representational) New Delhi: Reliance Retail has partnered with General Mills, a leading US-based multinational manufacturer of…
Debt ceiling negotiators race to cement final deal before default deadline
Comment on this storyComment Conservative lawmakers have begun mounting a campaign against the emerging deal on the debt ceiling between President Biden and House Speaker Kevin McCarthy (R-Calif.), as objections…
Contributions to College Savings Plans Pick Up as Inflation Eases
Contributions to 529 college savings programs fell late last year and early this year, according to industry data, as consumers saved less overall and battled high inflation. But contributions appeared…
Predawn Picket Lines Help Writers Disrupt Studio Productions
At 5 a.m. on a recent weekday, a lone figure paced back and forth outside the main entrance to the Fox Studios lot in Los Angeles. Peter Chiarelli, a screenwriter,…
Lazard Names Peter Orszag to Succeed Ken Jacobs as C.E.O.
Lazard announced on Friday that Peter Orszag, who leads its core financial advisory business, will succeed Ken Jacobs as the company’s chief executive on Oct. 1. Mr. Jacobs will stay…
Restaurant Chain Franchises Face Scrutiny From the FTC
“Making It Work” is a series about small-business owners striving to endure hard times. When Kenneth Laskin flew to California to meet with executives at Burgerim, a start-up chain of…