From girl dinners to ChatGPT, a look back at the trends that broke the internet and taught us about the American economy this year.
Category: United States
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U.S. Steel Bought by Japanese Rival, Ending Long Takeover Saga
The $14.1 billion deal comes after months of uncertainty about the future of the century-old steel maker.
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Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
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The Debt Problem Is Enormous, and the System for Fixing It Is Broken
Economists offer alternatives to financial safeguards created when the U.S. was the pre-eminent superpower and climate change wasn’t on the agenda.
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Canadian Town Hosts Passengers From Diverted Delta Flight
The flight was forced to land because of a “mechanical issue,” the company said, leaving hundreds of passengers stranded.
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Ford Will Cut Planned Electric F-150 Production as Demand Slows
Ford and other automaker have had to readjust their electric vehicle production plans because sales have been weaker than they had expected.
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Amazon Suit Claims International Ring Stole Millions in Fraudulent Refunds
The online retailer said that a shadowy organization bribed Amazon employees to help carry out fraudulent returns of expensive electronics, luxury goods and gold.
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Check Fraud Is Rising and the Thieves Are Winning
Although check usage has declined in the last couple of decades, check fraud has risen sharply, creating a problem for banks — and customers trying to pay their bills.
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Artificial Intelligence Experts Agree That It Needs Regulation. That’s the Easy Part.
Participants in a task force on artificial intelligence at the DealBook Summit grappled with how to balance oversight of the technology with innovation.
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The Clock is Ticking on Improving China-U.S. Relations, Experts Say
Participants in a task force at the DealBook Summit said President Xi seemed ready to expand economic relations. But for how long?
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JetBlue Seeks Court Approval of its Acquisition of Spirit Airlines
JetBlue Airways is trying to persuade a federal court to let it acquire Spirit Airlines, a deal that the Justice Department says will raise fares and reduce competition.