Gina Raimondo, the secretary of commerce, who arrived in Beijing on Sunday, is the latest Biden administration emissary seeking to stabilize ties between the world’s two largest economies. The fourth senior U.S. official to travel to China in less than three months, Ms. Raimondo is taking her trip at a critical juncture. Relations between the countries are strained, partly because […]

In 2017, Michael Moritz, the billionaire venture capitalist, sent a note to a potential investor about what he described as an unusual opportunity: a chance to invest in the creation of a new California city. The site was in a corner of the San Francisco Bay Area where land was cheap. Mr. Moritz and others had dreams of transforming tens […]

Filmmakers have Cannes. Billionaires have Davos. Economists? They have Jackson Hole. The world’s most exclusive economic get-together takes place this week in the valley at the base of the Teton mountains, in a lodge that is a scenic 34 miles from Jackson, Wyo. Here, in a western-chic hotel that was donated to the national park that surrounds it by a […]

The red-hot American job market might be just a couple of degrees cooler than previously believed. There were 306,000 fewer nonagricultural jobs in the United States in March than initially reported, according to revised data released by the Labor Department on Wednesday. That suggests employers added jobs at a slightly slower rate in 2022 and early 2023 than more timely […]

Lachlan Murdoch has paid $840,000 in legal costs to a small Australian publisher after he dropped a defamation lawsuit accusing the company of linking his family to the Jan. 6 Capitol riot, his lawyer said on Tuesday. Mr. Murdoch’s lawyer, John Churchill, said in a statement that Mr. Murdoch, the chief executive of Fox Corporation, said the payment covered all […]

Many small business around Denver are struggling to make rent each month in an economy that, despite producing low unemployment, faces uncertainty with still-high inflation and the prospect of interest rates rising even higher. Finding a way to pay the monthly bills is forcing small-business owners to consider all options: from cutting back staff and hours of operation, to changing […]

A model Chinese property developer in a sector replete with risk takers is teetering on the edge of default. Short of cash, one of China’s biggest asset managers has missed payments to investors. And billions of dollars have flowed out of the country’s stock markets. In China, August has been a dizzying ride. What started three years ago as a […]

When the B&B Hotel in Ljubljana, Slovenia, decided to reinvent itself as an eco-friendly destination in 2015, it had to meet more than 150 criteria to earn a coveted Travelife certificate of sustainability. But then it went step further: It hired a beekeeper to install four honey bee hives on the roof. “Keeping wild animals is a great way to […]

Colorado travelers will be a nonstop flight away from the lush countryside and rich history of Ireland with the launch of new air service next spring out of Denver International Airport. The Denver-to-Dublin flight by Aer Lingus, the country’s flag carrier, will take off from DIA four times a week beginning on May 17. The airline says tickets for the […]

Despite mortgage rates hitting multidecade highs and jitters in the bond market, demand for new homes is strong and prices are rising. By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni Crowded house Wall Street is increasingly divided on whether the U.S. economy is at risk of falling into recession. The minutes from the […]