Economy

Kraft Heinz Reverses Course on Company Split as Sales Continue to Slide

The company’s new C.E.O. said he saw opportunities to fix and grow the food giant — and cut prices for consumers.

Instagram head questioned in social media addiction trial

Instagram's longtime lead Adam Mosseri arrived on Wednesday at a courtroom in Los Angeles.

Lloyds Banking Group to close another 95 branches

The closures have been announced days after Santander said it would shut branches.

What to know about the better-than-expected report.

Would you pay £7.50 for a pint of Guinness?

A Market Rasen pub asks customers about the cost of Guinness ahead of a price increase in April.

Serial rail fare evader fined £3,600 over 112 unpaid tickets

Charles Brohiri travelled without buying a ticket on 112 train journeys over a period of nearly two years.

Federal Debt to Hit Record Levels, Budget Office Warns

President Trump has reshaped the country’s economic policies, but the outlook for the budget remains dire.

US jobs see surprise growth in January after weak 2025

Employers added a greater than expected 130,000 jobs in January, according to the latest figures.

Oatly loses long-running 'milk' battle with dairy lobby

The plant-based drink maker can no longer use the term 'milk' to market its products.

Wall St. and Washington Brace for a Big Jobs Report

A hiring slowdown and fears about artificial intelligence have investors on edge, and some in the Trump administration on the defensive.

Trump plans to nominate a ‘data nerd’ to lead Bureau of Labor Statistics.

More than 180 survivors engaged in Harrods abuse redress scheme

The late Mohamed Al Fayed has been accused of sexual harassment during his time as owner.

What Executives Are Saying About the ‘K-Shaped’ Economy

Leaders across industries from airlines to packaged foods have said a growing divide between lower-income and wealthy consumers is changing their businesses.

After a Year of Sluggish Hiring, 2026 Could Be Off to a Stronger Start

Employment data for January is set to be released by the Labor Department on Wednesday.

Kalshi and Polymarket Create New Competition for Professional Economists

Economists have noticed that betting markets like Kalshi and Polymarket are pretty good at predicting not just political events but economic data, too.

Unemployment Rate in Focus as Fed Considers When to Restart Rate Cuts

The latest jobs data, to be released on Wednesday, will shed light on how the labor market is faring, with vast implications for the Federal Reserve’s plans for interest rates.

Big Revisions Could Alter Jobs Picture

The employment report due this week is expected to show that job growth was much weaker for 2024 and 2025 than thought.

After a Year of Sluggish Hiring, 2026 Could Be Off to a Stronger Start

Employment data for January is set to be released by the Labor Department on Wednesday.

How the Ultra-Rich Travel

Inside the arms race to satisfy travelers for whom exclusivity is everything and money is no object.

How Did Pat McGrath Cosmetics Go From Billion-Dollar Brand to Bankruptcy?

The makeup artist Pat McGrath was a favorite of Taylor Swift, Kim Kardashian and Madonna. Then she became a billion-dollar brand.