Business
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Why Grandma’s Nutrition Drink Is So Hard to Disrupt
In 2018, Barry Nalebuff’s 89-year-old father entered the hospital for hip surgery and came out a daily drinker of the nutritional shake Ensure, which his doctor recommended. Mr. Nalebuff, a professor at the Yale School of Management and a founder of ...
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Deese, Top Economic Aide to Biden, Will Step Down This Month
Brian Deese, the director of the National Economic Council, played a pivotal role in negotiating economic legislation the president signed in his first two years in office.
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European Central Bank Raises Rates Again as Eurozone Inflation Persists
Another half-point increase pushed rates to the highest levels since 2008, and the bank said it “expects to raise them further.”
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Shell’s Profit Soared to $42 Billion Last Year
The record haul, pushed by high energy prices and a hunger for liquefied natural gas, came as a new chief signaled a more “balanced approach” to renewable energy.
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Falling Mortgage Rates Bring Some Home Buyers Back to Market
Buyers are returning after being sidelined by a jump in borrowing costs, but experts say that the uncertain state of the economy is what will drive the market’s next moves.
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The Trillion-Dollar Question: Could a Coin Save the Day?
The latest standoff over raising the nation’s debt ceiling is giving new life to an old theory about how to avoid a default.
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Bank of England Raises Rates to 4 Percent, Its 10th Straight Increase
The bank raised rates by half a point to the highest since 2008, but softened its tone on future rate increases.
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Investors Cheer Meta’s Slimmed-Down Ambitions
Meta’s chief executive, Mark Zuckerberg, called 2023 the “year of efficiency,” a pronouncement that is reassuring investors and sparking a wider rally in tech stocks.
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Senator Calls on Apple and Google to Ban TikTok in App Stores
Michael F. Bennet, a Colorado Democrat, cited national security, adding to bipartisan pressure on the Chinese-owned video app.
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Forget Pandemic Puppies. Meet the Inflation Chicken.
Which shortage came first: the chicks or the eggs? Spooked by a huge spike in egg prices, some consumers are taking steps to secure their own future supply. Demand for chicks that will grow into egg-laying chickens — which jumped at the onset of the ...