News

[ad_1] The largest luxury watch fair in Switzerland opens April 9 — just as the Swiss watch industry appears to be entering a slowdown. More than 45,000 visitors are expected to visit Watches and Wonders Geneva and its 54 exhibiting watch brands before the show closes April 15, just weeks after the Federation of the … Read more

[ad_1] TAG Heuer Monaco Split-Seconds Chronograph TAG Heuer’s early 21st-century flirtations with haute horlogerie produced some memorable watches that were not always mechanically infallible. The madcap belt-driven Monaco V4 and the Carrera Mikrogirder, with its exposed linear coupling beam, spring to mind. But the watchmaker best known for its consumer-favorite Carrera and Monaco chronographs insists … Read more

[ad_1] A spokesman for the U.S. attorney’s office declined to comment. Matthew Hiltzik, a spokesman for Ohtani, referred to the player’s detailed explanation he gave to the media two weeks ago, when Ohtani said Mizuhara had stolen from him and he promised to cooperate fully with the federal and Major League Baseball investigations. “I never … Read more

[ad_1] Last April, dozens of lawyers and their guests gathered at the Columbus Inn in Wilmington, Del. The revered restaurant, with roots tracing back more than two centuries, was once a hangout for Buffalo Bill. Yet on this cloudless night, the crowd would have been happy to be partying almost anywhere. Hours earlier, the lawyers … Read more

[ad_1] Pulling all-nighters to assemble PowerPoint presentations. Punching numbers into Excel spreadsheets. Finessing the language on esoteric financial documents that may never be read by another soul. Such grunt work has long been a rite of passage in investment banking, an industry at the top of the corporate pyramid that lures thousands of young people … Read more

[ad_1] As Miguel A. Cardona, the education secretary, appeared before lawmakers on Wednesday to make his agency’s case for funding next year, members of both parties had something else on their minds: this year’s chaotic college admissions process. Republicans peppered him with questions about the botched rollout of the new Free Application for Federal Student … Read more

[ad_1] Inflation’s most stubborn category remained stubborn last month. Housing costs rose 0.4 percent in March and were up 5.7 percent from a year earlier, both unchanged from the month before. Shelter inflation has cooled since last year, when it peaked at more than 8 percent, but lately that progress has slowed. Housing is by … Read more

[ad_1] President Biden said on Wednesday that he still expected the Federal Reserve would cut interest rates this year despite a re-acceleration in price growth across the economy, though he said new data suggested that cut might be pushed to later in the year. “I do stand by my prediction that before the year is … Read more

[ad_1] Signs of stubborn inflation rattled Wall Street on Wednesday, with stock prices sliding and government bond yields, which underpin interest rates throughout the economy, jolting higher. The S&P 500 fell over 1 percent for the second time this month and only the fifth time this year. Other major indexes, including the tech-heavy Nasdaq Composite … Read more

[ad_1] A closely watched measure of inflation remained stronger than expected in March, worrying news for Federal Reserve officials who have become increasingly concerned that their progress on lowering price increases might be stalling. The surprisingly stubborn inflation reading raised doubts among economists about when — and even whether — the Fed will be able … Read more