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Turkey’s central bank has raised interest rates to 40 percent, its highest level in nearly two decades, in a significant move to tame the country’s runaway inflation after the country’s president, Recep Tayyip Erdogan, had previously defied economic convention by cutting rates to slow price increases. The increase of 5 percentage points on Thursday, which …
Black Friday was once a hallmark celebration of American consumerism. Lately, it has lost some of its thunder. It’s true that shoppers looking for big discounts can still line up early at Macy’s or Best Buy on the day after Thanksgiving, in hopes of snagging a bargain. But for many, the bargain has already been …
If there is an easy point of agreement in the emotional upheaval of divorce, it is that endless legal battles can break the bank. Hourly attorney fees can hit the high three figures, according to Nicole Feuer, the vice president of development and operations for the National Association of Divorce Professionals, a group of 600 …
Mr. Bush, a Republican who voted for Mr. Biden in 2020 and for Gary Johnson, the Libertarian candidate, in 2016, said he had been struck by her knowledge and poise. “The topic that everyone is on is, ‘How do you beat Donald Trump?’” Mr. Bush said, “and she was careful to say, ‘Look, people will …
Consumer spending has been strong this year, but retailers worry about shoppers’ mood this holiday season. Source link
Suspicious videos that began circulating in Taiwan this month seemed to show the country’s leader advertising cryptocurrency investments. President Tsai Ing-wen, who has repeatedly risked Beijing’s ire by asserting her island’s autonomy, appeared to claim in the clips that the government helped develop investment software for digital currencies, using a term that is common in …
Inside the “blueberry muffin” conference room, the walls are, naturally, painted blue. Not just any blue — it’s the calming color you might find a baby’s bedroom, what the paint can refers to as “sea to shining sea.” Anchoring the room is a table, red and oblong, adorned with fake succulents in purple pots. Nearby …
Over the years, office layouts have changed from cubicle-heavy to open floor plans. Now, amid return-to-office efforts, office design is once again undergoing a shift. We toured freshly redesigned workplaces in New York and interviewed employees, company executives, scholars and designers to understand what the new prevailing corporate aesthetic says about how we view work …
Losing the Fear At first, Sept. 11 seemed like the worst thing that could happen, but it turned out to be just the beginning. “There were lots of hard moments,” Ms. Woroniecka said. “Obviously 2008. Barneys going bankrupt — that was 25 percent of our wholesale revenue. Covid was a big one.” It wasn’t only …
X, the social media company formerly known as Twitter, could lose as much as $75 million in advertising revenue by the end of the year as dozens of major brands pause their marketing campaigns after its owner, Elon Musk, endorsed an antisemitic conspiracy theory this month. Internal documents viewed by The New York Times this …