A lot of money is tied up in people’s homes. Those who need to tap it most, however, may have the hardest time doing so. Paying a mortgage is a…
Category: Business
U.S. Seeks to Join Forces With Europe to Combat Excess Chinese Goods
Treasury Secretary Janet L. Yellen said on Tuesday that the United States and Europe needed to work together to push back against China’s excess industrial capacity, warning that a wave…
AI Program Aims to Break Barriers for Female Students
Over the last 10 months, Chelsea Prudencio, a junior at Baruch College in Manhattan, got a crash course in artificial intelligence through a new program for lower-income, Latina and Black…
China Is Buying Gold, Sending Prices to Record Highs
As gold surged this year to its highest price ever, Xena Lin joined the frenzy by making monthly purchases of gold “beans,” pebble-like morsels of the precious metal. For Ms.…
Hobbled by Cyberattack, Christie’s Says Marquee Sales Will Proceed
Officials at Christie’s auction house said on Saturday that the marquee sales that account for nearly half of its annual revenue would continue, despite the company having lost control of…
Uber Earnings Disappoint Amid High Legal Bills, Weak Rider Demand
Uber reported earnings on Wednesday that disappointed investors, as mounting legal bills and weaker ride demand in some parts of the world led to a shortfall compared with analysts’ forecasts.…
The Fed Tries to Steer Clear of Politics, But Election Year Is Making It Tough
Federal Reserve officials are fiercely protective of their separation from politics, but the presidential election is putting the institution on a crash course with partisan wrangling. Fed officials set policy…
Blade Now Offers a $275 Bus Ticket to The Hamptons
Blade, the helicopter charter company, was founded 10 years ago as a way for commuters going between New York and the Hamptons to avoid vehicle traffic. This May it is…
This Ship Is Sinking. Can I Jump to a Client’s?
Send questions about the office, money, careers and work-life balance to workfriend@nytimes.com. Include your name and location, or a request to remain anonymous. Letters may be edited. Ethics of Self-Preservation…
A Wealth Shift That Could Leave Some Younger Americans Behind
Alainta Alcin has heard about the huge transfer of wealth from baby boomers to their millennial children that is underway — a move that has been called the largest shift…
With ‘Challengers’ and ‘Saltburn,’ Hollywood Movies Embrace Sex Again
Zendaya, clad in a skintight dress, gyrates on a dance floor in “Challengers,” a $56 million sports drama that arrived in multiplexes on Friday. “It’s getting hot in here,” the…
Even With Gaza Under Siege, Some Are Imagining Its Reconstruction
On a December morning in central London, more than two dozen people drawn from influential institutions across the Middle East, Europe and the United States gathered in a conference room…