August 10, 2022

The Boy Bosses of Silicon Valley Are on Their Way Out

Leaving as billionaires, they have emanated Silicon Valley’s relentless positivity. Pinterest “is just getting started,” Airbnb “is in the best hands it’s ever been in” and Instacart has a “enormous opportunity ahead,” the founders wrote. Both Mr. Mehta and Mr. Gebbia said they had plans for new projects. Investors say they anticipate more of these …

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Disney Profit Jumps 50 Percent, Buoyed by Theme Parks

LOS ANGELES — Bucking a streaming slowdown that has recently bedeviled Hollywood, Disney+ added 14.4 million subscribers in the most recent quarter, about 45 percent more than Wall Street had expected and lifting Disney’s portfolio of streaming services to 221 million subscribers worldwide, on a par with Netflix. Disney released the figures on Wednesday as …

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Inflation Cooled in July, Welcome News for White House and Fed

Inflation cooled notably in July as gas prices and airfares fell, a welcome reprieve for consumers and a positive development for economic policymakers in Washington — though not yet a conclusive sign that price increases have turned a corner. The Consumer Price Index climbed 8.5 percent in the year through July, a slower pace than …

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Inflation Slows as Economy Cools, Offering a Reprieve: Live Updates

A combination of elevated demand, persistent shortages and delayed deliveries have helped push up the prices of goods.Credit…Gabby Jones for The New York Times Global supply chain pressures have been showing signs of easing, a trend that should translate into less pricing pressure on goods in the months to come. Compared with before the pandemic, …

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What Today’s Inflation Report Means for the Federal Reserve

Consumer Price Index inflation cooled meaningfully in July as gas prices declined, which is good news for the Federal Reserve, though not yet enough for policymakers to conclude that America is through the worst of its burst of rapid price increases. While costs finally stopped increasing at an accelerating rate, they are still climbing at …

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What Today’s Inflation Report Means for the Federal Reserve

Consumer Price Index inflation cooled meaningfully in July as gas prices declined, which is good news for the Federal Reserve, though not yet enough for policymakers to conclude that America is through the worst of its burst of rapid price increases. While costs finally stopped increasing at an accelerating rate, they are still climbing at …

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Solera Auto Finance breaks 2,000-dealer mark

Solera Auto Finance focuses on near-prime and subprime used-vehicle customers and offers what it calls competitive rates, though it retains its own brand name rather than offering a white-label option to dealerships. Retailers who use Solera for a dealership management system can earn rebates on their DMS bill by sending a “handful of loans” each …

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