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Economy

How to Think About the Costs of Climate Change

By now, it’s clear that climate change poses environmental risks beyond anything seen in the modern age. But we’re only starting to come to grips with the potential economic effects. Using increasingly sophisticated modeling, researchers are calculating how each tenth of a degree of global warming is likely to play …

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Executive Shuffle at NBC Hints at C.E.O. Succession

The game of thrones at NBCUniversal has begun. The company on Monday announced a series of executive changes that could set the stage for the next generation of leaders at a media empire that includes the NBC broadcast network; Universal Film Studios; and cable channels such as Bravo and MSNBC, …

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Opinion | Consider Firing Your Male Broker

When people picture a financial adviser, they typically think of a gray-haired guy who looks like Bernie Madoff, or perhaps a younger man like Leonardo DiCaprio’s character in “The Wolf of Wall Street.” The imagined portrait rarely resembles someone like me, a woman. And that underlying perception is fairly accurate. …

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Fed Ready to Pause on Interest Rate Increases

WASHINGTON — A pair of influential Federal Reserve officials said Wednesday that the central bank should pause to assess economic conditions before considering additional interest rate increases, reinforcing the message delivered last week by the Fed chairman, Jerome H. Powell. The Fed on Wednesday also published an account of its …

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December Jobs Report: Here’s What to Watch For

The Labor Department will release its official hiring and unemployment figures for December at 8:30 a.m. on Friday, offering the latest picture of the American economy. Wall Street analysts anticipate a job gain of about 180,000 in December, a pickup from November’s increase of 155,000. That would be a solid …

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U.S. Auto Sales Put Up a Big Number, but Show Signs of Strain

Beyond the domestic market, automakers face other potential challenges. The potential tremors from an economic slowdown in China became more palpable this week as Apple slashed its financial forecast, citing disappointing iPhone sales there. Lower consumer spending in China could hurt G.M., Ford, Toyota and other automakers because they now …

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