Business
Welcome to the ‘nepo’ housing market: 40% of homebuyers under 30 get family money to cover their down payment
There’s this consensus that people who come from money are at an advantage, Redfin’s chief economist, Daryl Fairweather, explained—but it...
Interns earn $19,000 monthly at finance giant Citadel
In a hotel ballroom overlooking the South China Sea, 24-year-old Taylor sits with 13 other university students in hoodies and...
American Airlines fined for stranding passengers
American Airlines was ordered to pay a $4.1 million fine, the largest such penalty to date, for allowing aircraft to...
IHOP adds biscuits to its nationwide menu
IHOP’s renaming experiment from 2018 might have been a disastrous gimmick, but the company’s most recent menu change is making...
Foxconn founder runs for Taiwan presidency to stop ‘next Ukraine’
After almost five years of flirting with the idea and two failed nomination bids, the founder of Apple’s biggest supplier...
‘Entire world’ needs U.S. and China to manage relationship ‘responsibly,’ commerce secretary Raimondo says ahead of Beijing trip
Commerce Secretary Gina Raimondo is the latest member of President Joe Biden’s Cabinet to visit China as his administration tries...
China Evergrande reports first-half loss of $4.5 billion ahead of creditors meetings and resumed stock trading
China Evergrande Group is poised to resume stock trading on Monday, ending a 17-month halt, after the world’s most-indebted developer unveiled a $4.5...
Hurricane forming near Florida has ‘risk of rapid intensification’
Tropical Storm Idalia strengthened in the Gulf of Mexico as it bore down on Florida, where it’s forecast to make...
‘Barbie’ overtakes ‘Mario’ as year’s highest-grossing movie, races neck-and-neck with ‘Gran Turismo’ at multiplexes
“Gran Turismo: Based on a True Story” and “Barbie” are in a dead heat for the box-office crown, with the video game adaptation...
France spending $215M to distill wine into ethanol as demand drops
Wine producers do not toil for months so that their wine can be put to industrial uses. But that nonetheless...
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