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Economy

14 posts

In Norway, the Electric Vehicle Future Has Already Arrived

Listen to This Article For more audio journalism and storytelling, download New York Times Audio, a new iOS app available for news subscribers. BAMBLE, Norway — About 110 miles south of Oslo, along a highway lined with pine and birch trees, a shiny …

Russia and Saudi Arabia’s Oil Partnership Shows Strain

Analysts said the countries’ mutual need to keep energy prices high would help them maintain close ties, despite signs that Moscow has undercut previous deals.

Record Pollution and Heat Herald a Season of Climate Extremes

It’s not officially summer yet in the Northern Hemisphere. But the extremes are already here. Fires are burning across the breadth of Canada, blanketing parts of the eastern United States with choking, orange-gray smoke. Puerto Rico is under a severe …

On His Podcast ‘Wine and Hip Hop,’ Jermaine Stone Aims to Bridge Cultures

Listen to This Article For more audio journalism and storytelling, download New York Times Audio, a new iOS app available for news subscribers. Jermaine Stone’s first exposure to wine occurred by happenstance, when he took a job in the warehouse of …

Biden’s Debt Deal Strategy: Win in the Fine Print

The president and his negotiators believe they worked out a deal that allowed Republicans to claim big spending cuts even as the reality was far more modest.

SEC’s Latest Crackdown Could Drive Crypto Firms Out of the U.S.

Companies such as Coinbase and Binance may not want to, but they could be forced to focus their efforts elsewhere.

Coinbase CEO Armstrong Says Not Shutting Down Staking Service

The country’s largest exchange will continue to offer staking services despite facing lawsuits over the service from federal and state regulators.

Bitcoin Halving Is Coming and Only the Most Efficient Miners Will Survive

Only the miners with the lowest energy costs and most efficient equipment will survive the once-every-four-years event.

Aave-Developed Lens Protocol Raises $15M to Expand ‘Social Layer’ of Web3

Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors.

Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Source

The financial terms of the deal were not disclosed by the source.