Did Supreme Court Nominees Lie to Congress?

Photo: Sarah Silbiger / Getty Images One media narrative congealing after this week’s Supreme Court leak is that President Trump’s nominees lied to Congress by claiming they wouldn’t overturn the abortion precedent of Roe v. Wade. So allow us to check the tape — and explain why respecting past decisions does not bind the Court … Read more

US Stock Futures Point to Wall Street Extending Selloff

US stock futures edged down, putting major indexes on track to extend losses after one of Wall Street’s worst selloffs since the pandemic began. Futures tied to the Dow Jones Industrial Average shed 0.3%, a day after the blue-chip index slumped more than 1,000 points, its worst day since 2020. S&P 500 futures edged down … Read more

How Businesses Can Navigate the Difficult Waters Posed by a Roe Repeal

Text size Corporate America would accomplish little by protesting a Supreme Court decision, writes Kathryn Wylde, but it still has a role to play. Sarah Silbiger / Getty Images About the author: Kathryn Wylde is president and CEO of the Partnership for New York City. The leaked draft of a Supreme Court decision reversing Roe … Read more

Sports Collides With Shipping in Battle Over Proposed Oakland Ballpark

It is the bottom of the ninth in a clash between the shipping industry and baseball’s Oakland Athletics. With less than two years left on the lease at their dilapidated home stadium, the A’s face stark decisions this summer on their yearslong search for a new ballpark, including whether to move out of state. The … Read more

Facebook’s E-Commerce Bet Stumbles as Meta Looks to Revamp Its Ads Business

Facebook FB 5.37% parent Meta Platforms Inch. FB 5.37% developed e-commerce services in 2020 as people shopped more from home and the company faced a changing digital ad market. Two years later, employees, former executives and retailers say the division remains a work in progress. Some retailers say they are frustrated by Meta‘with e-commerce rollout, … Read more

Before You Cancel Your Subscription to Science Magazine

Harvard University in Cambridge, Mass. Photo: Elise Amendola / Associated Press Where can one turn for science reporting that has not become politicized? It’s a difficult question to answer when examining the establishment of academic journals. But a few events this week have this column wondering if a resurgence of rigor might just be underway. … Read more

Ultra-Rich Investors Flock to Bank of America’s Wealth Management Businesses

Bank of America ‘with wealth management businesses have experienced a surge in new ultra-wealthy clients since the beginning of last year as more individuals and families inherited wealth from previous generations and take their businesses public or sell them. Last year, Merrill Wealth Management and the Private Bank at Bank of America brought in a … Read more

Stocks Edge Higher as Investors Digest Fed Decision

US stocks were volatile amid the Federal Reserve’s interest-rate decision, swinging from losses to slight gains around midday. The S&P 500 was recently up 0.8%, while the Dow Jones Industrial Average was up 0.7%. The tech-focused Nasdaq Composite Index was up 0.6% after paring earlier losses. Fed officials announced Wednesday afternoon that they are raising … Read more

Shanghai Eases Covid Restrictions. Tesla Is Among Reopened Businesses.

Text size Pedestrians along the Bund in front of buildings in the Lujiazui Financial District, Shanghai. The city is allowing more businesses to reopen as new Covid-19 cases fall. Qilai Shen / Bloomberg Shanghai continues to allow more businesses to resume operations, as the number of new Covid-19 cases falls and the city gradually loosens … Read more