The Penny Dies at 232
A long decline into irrelevance ended on Wednesday in Philadelphia. Source link
Business
Track the latest in business and finance—from market trends and economic updates to startup stories and global trade analysis.
By Not Funding Food Stamps, Trump Risks Lasting Damage to Safety Net
For the poorest Americans, the expected end to the longest shutdown in history has left doubt and anxiety around the benefits known as SNAP. Source link
Solvay of Belgium Creates Rare Earths Deals With U.S.
The contracts are the latest sign of how Europe is lagging the United States in the race to break China’s chokehold on rare earths. Source link
Atlanta Fed President to Step Down in February
The departure of Raphael W. Bostic, who has served in the role since 2017, would create a new vacancy at the central bank. Source link
A Company Sold Investors $1 Billion in Art. Did it Paint Too Rosy a Picture?
Masterworks offers average investors a chance to buy individual shares in paintings often only owned by the rich, but critics say its marketing can overstate the upside of investing in its art. Source link
The I.R.S. Tried to Stop This Tax Dodge. Scott Bessent Used It Anyway.
Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the others, he’s now overseeing the I.R.S. Source link
Kim Kardashian’s Skims Is Worth an Extra Billion Dollars
The apparel giant is now valued at $5 billion after a new fund-raising round, as it continues to grow its business. Source link
How Unemployment Can Take a Toll on Our Mental Health
The emotional impact of unemployment can be profound, experts say — but speaking up about it and building a support system can help. Source link
Who Pays When A.I. Is Wrong?
New court cases seek to define content created by artificial intelligence as defamatory — a novel concept that has captivated some legal experts. Source link
Missing at U.N.’s Climate Meeting: American Executives
Many business leaders are skipping the annual United Nations climate summit in Belém, Brazil, or are attending events in other cities. Source link