Business

On the most optimistic corners of Wall Street, promising inflation data for the past week or so suggests the Federal Reserve could achieve a soft landing after all. But no such belief prevails among big money managers who are betting that an economic downturn, peppered with still-hot price pressures, will dominate trading next year. As a closely watched section of…

Embattled FIFA President Gianni Infantino defended the World Cup in Qatar a day before the tournament began, accusing critics of the country’s human rights record of hypocrisy. After months of concern over the country’s treatment of migrant workers, anger over its LGBTQ laws and doubts about the legitimacy of the decision to hold the tournament there, Infantino said it was…

After moving to the New Jersey suburbs due to the pandemic, Rebecca Goldberg Brodsky was desperate to return to Brooklyn. As an interior designer, she missed the vibrancy of New York City and the connections she had made while living there. Goldberg Brodsky and her husband spent six months scouring Brooklyn neighborhoods but were unsuccessful with their roughly $400,000 budget.…

Vitalii Gyrin, a 38-year-old CEO from Kyiv, starts his workday at 5:30 a.m. with a double espresso and a walk with his dog. Then come the phone calls and group messages with its employees to guess how many hours of power they might have that day — and which of their services may be disrupted. Gyrin heads Adonis, a network…

Divorce is on the rise: for people aged 20 and over, about 34% of married women and 33% of married men separate from their spouse. But while there’s plenty of talk about the heartache that comes from a marriage falling apart, the difficulty of the first breakup after Divorce often goes unexplored. “Research on how grief is processed in the…

The spectacular collapse of cryptocurrency exchange FTX has been compared to the collapse of Lehman, Enron and the Bernie Madoff scandal. And just like in these cases, attorneys steeped in crypto know “there’s going to be a lot of work.” Those are the words of Anthony Casey, a law professor at the University of Chicago and a former practitioner specializing…

“I don’t really like it when ‘immunity debt’ becomes a coined term,” said Dr. Sarah Combs, an emergency medicine physician at Children’s National Hospital in Washington, DC, told Fortune. Continue reading

When you come to a Christmas party with a bottle of wine, there is sometimes uncertainty as to whether or not to open it immediately. Here’s a list of recommended bottles – spanning the spectrum of taste, hue and price range – that you can open and enjoy right away, or keep in the cellar a little longer. Give and…

The way you eat chicken may not change, but how your chicken is produced may soon look unrecognizable. For the first time this week, the US Food and Drug Administration ruled that a lab-grown meat — Upside Foods’ cultured chicken — is safe to eat, calling it “cultured chicken cell material.” It described rather unattractively that the company had “multicellular…

A federal judge on Friday sentenced disgraced Theranos CEO Elizabeth Holmes to more than 11 years in prison for fooling investors into the failed startup that promised to revolutionize blood testing but instead made her a symbol of the culture of bold self-promotion in the world Silicon Valley made. The sentence imposed by US District Judge Edward Davila was shorter…