Business
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Chinese Canadian Billionaire Sentenced to 13 Years for Financial Crimes
HONG KONG — Xiao Jianhua, the Chinese Canadian billionaire and onetime trusted financier to China’s ruling elite, was sentenced to…
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More Money for I.R.S. Spurs Conspiracy Theories of ‘Shadow Army’
WASHINGTON — It has been called President Biden’s “shadow army,” described as a strike force to shake down small businesses…
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Home sales dropped in July, the sixth month in a row.
Existing-home sales fell for the sixth-straight month in July, a new housing report showed, as higher mortgage rates continue to…
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CNN Cancels ‘Reliable Sources,’ and Host Brian Stelter Will Depart
CNN is canceling “Reliable Sources,” its long-running media affairs show, and the reporter who hosted it, Brian Stelter, is leaving…
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Scientists Boost Crop Performance by Engineering a Better Leaf
For decades, scientists have pursued a tantalizing possibility for bolstering food supplies and easing hunger for the world’s poorest: improving…
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In Search of Growth, Kohl’s Expands Sephora Shops to All Stores
Kohl’s said on Thursday that it planned to open Sephora shops in all of its 1,165 stores, positioning its beauty…
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Why Buying an Electric Car Just Became More Complicated
WASHINGTON — If you’re a well-paid lawyer eyeing an electric Rivian sport-utility vehicle, you might want to buy it before…
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The Fed Sees Housing Trouble Ahead
Far from a bust.Credit...Frederic J. Brown/Agence France-Presse — Getty ImagesThe Fed vs. the housing market Federal Reserve officials are ...
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They Lost Crypto in the Crash. They’re Trying to Get It Back.
David Little was starting to lose hope. Like thousands of other investors, he lost a large chunk of his cryptocurrency…
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It Was the Housing Crisis Epicenter. Now the Sun Belt Is an Inflation Vanguard.
A.J. Frank watched the Phoenix real estate market and its entire economy implode as he was graduating from high school…