Business

Yale Law School and Harvard Law School are withdrawing the US News & World Report They say that law school rankings are flawed. Yale, which has ranked top every year, found the criteria to be “deeply flawed,” Dean Heather Gerken said Wednesday. The school will no longer participate in lists that “discourage programs that support public interest careers, advocate for…

It’s fair to say that the appetite for Joan Didion paraphernalia is at an all-time high. The pair of sunglasses, which the writer modeled in a 2015 Celine ad campaign, sold for $27,000 on November 16 in a live online and phone auction hosted by Stair Galleries in Hudson, New York. Didion wore the tortoiseshell sunglasses while sitting in a…

Republicans regained control of the US House of Representatives on Wednesday, returning the party to power in Washington and handing leverage to Conservatives to blunt President Joe Biden’s agenda and spur a spate of investigations. But a flimsy majority will pose immediate challenges to GOP leaders and complicate the party’s ability to govern. More than a week after Election Day,…

Over the past two years, trade has shifted due to struggling supply chains amid the pandemic, Russia’s invasion of Ukraine and rising tensions between the US and China. The disruption has sparked speculation that trade will be less global in the future, making the world less connected. But there’s another possibility: What’s happening now is that global connections are merely…

Crypto was not on good terms with regulators prior to the FTX meltdown, and two influential industry founders discussed Wednesday how it could now be years before meaningful progress is made in Washington, DC Ryan Selkis, founder and CEO of crypto research firm Messari, joined Coinbase CEO Brian Armstrong in a Twitter conversation that focused, among other things, on mitigating…

This year, most Americans are likely to have an uninvited guest at their Thanksgiving table: inflation. The Farm Bureau’s 37th annual survey shows that Thanksgiving meals will cost families 20% more than last year, with the price of a 16-pound turkey reaching $28.96 — an increase of nearly $5 from last year. And prices aren’t just higher for seasonal goods,…

Christopher Waller, a key Federal Reserve official, on Wednesday added his voice to a rising number of Fed officials who have indicated the central bank is likely to slow the pace of its rate hikes beginning in December. Waller, a member of the Fed’s Board of Governors, said he was ready to raise the Fed’s interest rate by half a…

New York City Mayor Eric Adams on Wednesday announced plans for a 25,000-seat stadium for Major League Soccer’s New York City Football Club on an underdeveloped lot next to the home of the New York Mets. The $780 million stadium, slated to open in 2027 in the neighborhood known as Willets Point, will anchor a 23-acre redevelopment project that will…

San Francisco could lose around $200 million in property tax revenue by 2028 because offices are emptied as people work from home, in the worst-case scenario outlined in a report by the city’s chief economist Ted Egan. The center of the technology industry lists job postings in the records. They could rise to about 31% by the fourth quarter of…

Tech companies had a dream run through 2020 and 2021, setting new records and driving stock values ​​to all-time highs. But this year, those same companies wiped out nearly half of their early-pandemic-era profits. With headline inflation at nearly a 40-year high and lackluster stock performance, tech companies have announced a spate of layoffs. Meta has laid off 11,000 employees,…