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Search resuls for: "Marie Solis"


25 mentions found


☆ The Big Number: $1,280
  + stars: | 2024-05-17 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Reporting on the business news of the weekMarie Solis Reporting on the business news of the weekIn the popular imagination, owning a car symbolizes freedom. The freedom to hit the road, roll down the windows, blast the radio — and pay a hefty sum for car insurance. In 2023, the average 12-month premium was $1,280. Here’s how it got so high →
Persons: Marie Solis
☆ The Big Number: $8 Billion
  + stars: | 2024-05-10 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
When Sam Bankman-Fried, the founder of FTX, was exposed as siphoning customers’ money into political donations, venture investments and more, there was a run on deposits that forced the crypto exchange to shut down withdrawals in late 2022. FTX filed for bankruptcy, and lawyers quickly dashed any hope of recouping the funds. Customers were told most of it was missing or stolen.
Persons: Sam Bankman, FTX
☆ She Wrote the First Great Perimenopause Novel
  + stars: | 2024-05-05 | by ( Marie Solis | ) www.nytimes.com   time to read: +1 min
It was not exactly urgent to get the rug, but the larger question the rug had to answer was urgent enough. She had recently moved out of the large home she shared with her husband and child in Silver Lake and into a small two-bedroom house behind her writing studio in Echo Park. We were just getting acquainted as she carefully merged on and off a series of highways in her blue Toyota Prius. There was going to be traffic — of course there would be traffic — and it began to dawn on us that this was going to be a long drive. In such close quarters, Ms. July suggested we might define the terms of our relationship more clearly.
Persons: Miranda Organizations: Facebook, Toyota, Irvine Locations: Irvine, Calif, Silver Lake, Echo
☆ The Big Number: $76,535
  + stars: | 2024-04-19 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Her starting pay for the Fever — the Women’s National Basketball Association team that selected her as the No. 1 draft pick on Monday — is part of a four-year contract that will total $338,056. But to some fans, it still seemed startling low for someone with her star power — especially compared with what her male counterparts in the National Basketball Association make.
Organizations: National Basketball Association
☆ The Big Number: 5.3%
  + stars: | 2024-04-12 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
In recent months, the Fed had been signaling that there would be two or three rate cuts this year. But on Wednesday, the Bureau of Labor Statistics reported that the Consumer Price Index had climbed 3.8 percent on an annual basis in March after volatile food and fuel prices were stripped out. That “core” index was stronger than what economists had forecast.
Organizations: of Labor Statistics
☆ The Big Number: $2.5 Billion
  + stars: | 2024-04-05 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Based on its trading pattern so far, Trump Media looks a lot like a meme stock. Those stocks — shares of companies whose investors may be influenced by the whims of social media — are volatile by nature. Mr. Trump, however, the presumptive Republican nominee for president, may have larger worries on his mind. He recently had to post bonds in two separate cases, amounting to well over $200 million.
Persons: Trump Organizations: Trump Media, Republican
☆ The Big Number: $40 Billion
  + stars: | 2024-03-15 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Now Gen Z-ers — one of whom recently told The New York Times that the idea of paying for a dating app subscription gives them the “ick” — make up the apps’ primary user base. But people in this age group say that they have more luck finding love elsewhere, like on TikTok or Snapchat, or that they aren’t looking for romantic connections at all.
Organizations: New York Times
☆ The Big Number: $1 Billion
  + stars: | 2024-03-08 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Reporting on the business news of the weekMarie Solis Reporting on the business news of the weekInvestors and regulators may have had unpleasant flashbacks on Wednesday when news leaked that a midsize lender was seeking cash to keep itself stable. The lender, New York Community Bank, soon announced a deal for more than $1 billion in emergency cash →
Persons: Marie Solis Organizations: New York Community Bank
☆ The Big Number: $68,789
  + stars: | 2024-03-01 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
The comeback is a reversal of fortune from more than a year ago, when the value of cryptocurrency cratered as Sam Bankman-Fried’s exchange, FTX, collapsed almost overnight. Many investors lost billions, and intensified government scrutiny of the industry fueled doubts about its existence. Some wondered anew: If digital currency isn’t backed by another asset, is it really worth anything?
Persons: cratered, Sam Bankman
☆ The Big Number: $1.5 Trillion
  + stars: | 2024-02-23 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
On an earnings call on Wednesday, Nvidia reported that revenue in its fourth quarter more than tripled from a year earlier to $22.1 billion, while profit soared nearly ninefold to $12.3 billion. It projected even more growth in the current quarter, forecasting that its revenue would rise to about $24 billion. Buoyed by this bullish outlook, Nvidia’s stock price closed at 31 times its sales on Thursday.
Organizations: Nvidia
☆ The Big Number: 2.7%
  + stars: | 2024-02-16 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Reporting on the business news of the weekMarie Solis Reporting on the business news of the weekAmerican workers are getting more done. According to the Bureau of Labor Statistics, productivity increased 2.7 percent in 2023. Over the past two quarters, it has been growing at more than double the rate from 2005 to 2019. Here’s how it could affect the economy →
Persons: Marie Solis Organizations: Bureau of Labor Statistics
☆ The Big Number: $8,776
  + stars: | 2024-02-09 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
There has been much ado about if, and how, Taylor Swift will make it to the Super Bowl. But average fans will need deep pockets if they want to attend. The median price of a ticket at one point last week was $8,776. Here are the other costs to consider →
Persons: Taylor Swift, → Organizations: Super
☆ The Big Number: $50 Billion
  + stars: | 2024-02-02 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Reporting on the business news of the weekMarie Solis Reporting on the business news of the weekElon Musk became one of the world’s richest men in part because of the pay package — to the tune of $50 billion — he was given as chief executive of Tesla. But a judge’s decision has struck at the heart of his vast wealth. Here’s what to know →
Persons: Marie Solis, Elon Musk Organizations: Tesla
☆ The Big Number: 3.3%
  + stars: | 2024-01-26 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
The economic growth last year far outpaced that of the year before and was much faster than the average for the five years preceding the pandemic. That healthy pace came despite the consistently high interest rates that have been handed down by the Federal Reserve, which some economists feared would push the economy into a recession.
Organizations: Federal Reserve
☆ The Big Number: 5.2%
  + stars: | 2024-01-19 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Reporting on the business news of the weekMarie Solis Reporting on the business news of the weekWhile China’s economy may seem to be booming, the reality is more complicated. China reported that its economy grew 5.2 percent last year, but Western economists predict that growth this year will slow. Here’s what to know →
Persons: Marie Solis Locations: China
☆ The Big Number: 171
  + stars: | 2024-01-12 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
The central question is whether the door panel from the Boeing 737 Max had been properly bolted onto body of the plane. In search of answers, two government agencies are conducting separate investigations. The Federal Aviation Administration is looking into whether Boeing failed to ensure that its Max 9 planes were safe to fly and manufactured to match the design the agency had approved.
Persons: Max Organizations: Boeing, Federal Aviation Administration
☆ The Big Number: 13.2 Million
  + stars: | 2023-12-01 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Reporting on the Business news of the weekMarie Solis Reporting on the Business news of the weekAs OPEC Plus announced new cuts in output, oil production in the United States — which is not part of that group — is booming. A record 13.2 million barrels of oil a day are flowing from American oil fields, eclipsing even Saudi Arabia. Here are some of the effects of the increase →
Persons: Marie Solis Organizations: Business, OPEC Plus Locations: United States, Saudi Arabia
☆ The Big Number: $985
  + stars: | 2023-11-24 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Inflation is running at a much slower pace than a year ago, when many consumers said they planned to — and did — spend less on holiday shopping because of concerns about high prices. But consumers are still experiencing sticker shock when buying everyday essentials, and high interest rates mean larger credit card bills and mortgage payments.
☆ The Big Number: 18%
  + stars: | 2023-11-17 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Reporting on the Business News of the weekMarie Solis Reporting on the Business News of the weekAmericans traveling for their turkey feasts may be pleasantly surprised by the cost of their airline tickets. Surveys this month found that domestic flight prices for holiday travel were down as much as 18 percent from a year ago. Here’s what could be behind the change →
Persons: Marie Solis Organizations: Business
☆ The Big Number: 98%
  + stars: | 2023-11-10 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Reporting on the Business news of the weekMarie Solis Reporting on the Business news of the weekA botched initial public offering. A work-from-home shift. These are just some of the troubles that plagued WeWork, culminating in a bankruptcy filing last Monday. Since January, its stock has fallen 98 percent. Here’s how it got there →
Persons: Marie Solis Organizations: Business
☆ The Big Number: $42.60
  + stars: | 2023-11-03 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Reporting on the Business news of the weekMarie Solis Reporting on the Business news of the weekIn its tentative agreements with the Big Three Detroit automakers, the United Automobile Workers union won big wage gains: By the end of the contract, the top rate for Ford production workers would increase to $42.60 an hour. Here’s how they got there →
Persons: Marie Solis Organizations: Business, Big Three Detroit automakers, United Automobile Workers, Ford
☆ The Big Number: 4.9 Percent
  + stars: | 2023-10-27 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Reporting on the Business news of the weekMarie Solis Reporting on the Business news of the weekWhat recession? Any lingering concerns about an economic slowdown in the United States were at least momentarily quieted as new data showed that the nation’s economy grew at a 4.9 percent annualized rate in the third quarter. Here’s what kept the economy growing →
Persons: Marie Solis Organizations: Business Locations: United States
☆ The Big Number: 37 Percent
  + stars: | 2023-10-20 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Reporting on the Business news of the weekMarie Solis Reporting on the Business news of the weekThe coronavirus pandemic shook the U.S. economy. But American families’ bank accounts thrived from 2019 to 2022, when their median net worth climbed 37 percent, the largest jump on record. Here’s what was behind it →
Persons: Marie Solis Organizations: Business Locations: U.S
☆ The Big Number: $1.48 Billion
  + stars: | 2023-10-13 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Once primarily a shoe worn by hippies and hikers, Birkenstocks have also become a favorite of celebrities and a frequent collaborator with high-end brands like Dior and Manolo Blahnik — without ever losing their core devotees. In its pitch to investors, the company said it had succeeded by not giving into the whims of fashion trends, persisting as a stalwart of functionality, practicality and durability.
Persons: Dior, Manolo Blahnik —
☆ The Big Number: 1,300
  + stars: | 2023-10-06 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Reporting on the Business news of the weekMarie Solis Reporting on the Business news of the weekProsecutors building the case against Sam Bankman-Fried, the disgraced founder of the failed cryptocurrency exchange FTX, plan to present about 1,300 exhibits in the fraud trial that began this past week. Here’s what he faces in court →
Persons: Marie Solis, Sam Bankman Organizations: Business, Prosecutors
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