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“I think that lending rates might be less important right now,” said Kenneth D. Simonson, chief economist for the Associated General Contractors of America. “An increase in either credit market or bank rates isn’t sufficient to choke off demand for many types of projects.” The tech sector, which feeds on venture capital that is more…
Leading by Example In the past six months, my organization approved the optional inclusion of pronouns in email signatures. I learned that one of my team members uses nonbinary pronouns. In my written communication and conversation about that team member, I now use those pronouns, but I notice that no one else has made the…
Beyond England, Northern Ireland, Norway and Barbados, destinations that do not currently have mask requirements in the air include Mexico, St. Lucia, the Bahamas and Jamaica. The United States, Scotland, Italy and China are among the many countries that continue to require masks on planes. Airport rules may be stricter than plane rules on a…
Stocks were plunging and Covid cases were surging. Who’s ready to buy some ads? For the first time in three years, the upfronts — the showcases the media industry throws for advertisers to persuade them to pay for commercial time — took place in person in Manhattan. Over the past few days, thousands of ad…
As countries, including Canada and Britain, have lifted their Covid testing requirements for vaccinated visitors in recent months, some Americans are irate that they still have to show a negative test to board a flight back to the United States. Jason Miller, a 37-year-old software engineer who lives in Texas, is so frustrated with the…
In this housing market, it makes less and less sense to move. American homeowners sitting on the lowest mortgage rates in modern history will find it far costlier to buy their next home. Renters facing steep inflation may be better off renewing a lease than hunting for a new one. And for most everyone, it’s…
By longstanding, bipartisan tradition, decades of White House press secretaries have handed down a cheeky symbol of their job fielding rat-a-tat inquiries from feisty reporters: a flak jacket. The ritual dates to the 1970s, when Gerald Ford’s press secretary, Ron Nessen, received a blue men’s brocade vest from reporters that featured a bulletproof lining. He…
Some economists have echoed those arguments, saying it’s a function of supply and demand. “I think the spike in rates that have taken place during the pandemic is mostly due to an increase in demand for imported goods combined with port slowdowns that functionally act as a reduction in the number of ships operating,” said…
The move comes as Tesla’s stock price has fallen some 30 percent, to just under $660, over the past month. And it highlights Musk’s commitment to the Twitter deal, even as he continues to rail against the company. Shares of Twitter are up 10 percent on the news, but at $39, remain well below the…
LONDON — A British ferry company laid off 800 people with immediate effect on Thursday, many of them over video, leading to international travel disruptions and condemnation by government officials over its plan to cut service and replace staff with cheaper labor. On Friday, the company’s ferries were at a standstill, without staff to crew…