Category: Business
![From A.I. to inflation, 11 business charts that explain 2023](https://static01.nyt.com/images/2023/12/29/business/00db-charts-sub/00db-charts-sub-facebookJumbo.jpg)
From A.I. to inflation, 11 business charts that explain 2023
It has been a confusing year for the economy and markets. At the start of 2023, economists largely predicted a global recession, and Wall Street…
![Red Sea Shipping Halt Is Latest Risk to Global Economy](https://static01.nyt.com/images/2023/12/23/multimedia/23Global-EconRisks-01-jtkh/23Global-EconRisks-01-jtkh-facebookJumbo.jpg)
Red Sea Shipping Halt Is Latest Risk to Global Economy
The attacks on crucial shipping traffic in the Red Sea straits by a determined band of militants in Yemen — a spillover from the Israeli-Hamas…
![New York Times Sues OpenAI and Microsoft Over Use of Copyrighted Work](https://static01.nyt.com/images/2023/12/26/multimedia/00Times-lmkv/00Times-lmkv-facebookJumbo.jpg)
New York Times Sues OpenAI and Microsoft Over Use of Copyrighted Work
The New York Times sued OpenAI and Microsoft for copyright infringement on Wednesday, opening a new front in the increasingly intense legal battle over the…
![Holiday Spending Increased, Defying Fears of a Decline](https://static01.nyt.com/images/2023/12/26/multimedia/26holiday-spending-qfvt/26holiday-spending-qfvt-facebookJumbo.jpg)
Holiday Spending Increased, Defying Fears of a Decline
Despite lingering inflation, Americans increased their spending this holiday season, early data shows. That comes as a big relief for retailers that had spent much…
![Suit Against Twitter Over Unpaid Bonuses Gets Go-Ahead From Judge](https://static01.nyt.com/images/2023/12/24/multimedia/24xp-twitter1-pwft/24xp-twitter1-pwft-facebookJumbo.jpg)
Suit Against Twitter Over Unpaid Bonuses Gets Go-Ahead From Judge
A federal judge on Friday gave the go-ahead to a lawsuit against the social media company X, formerly known as Twitter, in which workers claim…
![Price Increases Cooled in November as Inflation Falls Toward Fed Target](https://static01.nyt.com/images/2023/12/22/multimedia/22dc-pce-jwvc/22dc-pce-jwvc-facebookJumbo.jpg)
Price Increases Cooled in November as Inflation Falls Toward Fed Target
A closely watched measure of inflation cooled notably in November, good news for the Federal Reserve as officials move toward the next phase in their…
![Choice Hotel Franchise Owners Push Back on Merger With Wyndham](https://static01.nyt.com/images/2023/12/20/multimedia/00hotel-franchises-01-phwq/00hotel-franchises-01-phwq-facebookJumbo.jpg)
Choice Hotel Franchise Owners Push Back on Merger With Wyndham
When Patrick Pacious, the chief executive of a large portfolio of hotel brands, promoted a blockbuster attempt to acquire a competitor in October, he said…
![It Took 10 Years to Grow This Christmas Tree. The Price? $105](https://static01.nyt.com/images/2023/12/15/nyregion/00-nj-costs-christmas-tree-promo/00-nj-costs-christmas-tree-promo-facebookJumbo.jpg)
It Took 10 Years to Grow This Christmas Tree. The Price? $105
Every day since the trees were planted has been a roll of the dice. Unlike commodities like corn and soybeans, which Mr. Wyckoff grows on…
![Gene-Sequencing Company Illumina to Sell Cancer Test Developer](https://static01.nyt.com/images/2023/12/17/multimedia/17illumina-1-wgkj/17illumina-1-wgkj-facebookJumbo.jpg)
Gene-Sequencing Company Illumina to Sell Cancer Test Developer
Illumina, the leading producer of gene-sequencing machines, announced Sunday that it would sell Grail, a cancer test developer that it purchased for $7.1 billion in…
![New Mexico’s Spaceport America Is an Economic Dream Deferred](https://static01.nyt.com/images/2023/12/17/multimedia/00space-econ-01-zhmw-credit/00space-econ-01-zhmw-facebookJumbo.jpg)
New Mexico’s Spaceport America Is an Economic Dream Deferred
From his tiny gem store in southern New Mexico, Robert Hanseck spends his days untangling chakra beads and answering questions about the healing properties of…