Beth M. Hammack, head of the Federal Reserve Bank of Cleveland, says it is too early to gauge the economic impact of the Iran war and backs holding interest rates steady for “quite some time.”

Stocks in Asia sank on Wednesday, led by sharp declines in South Korea, as the war in Iran raised concerns about spiraling energy costs.

A huge number of Indians split their lives across the Arabian Sea — remitting $125 billion a year, supporting their families and the Indian economy.

Seeming to acknowledge critics’ complaints about the high cost of snow sports, the company is cutting the price of its 2026-2027 Epic Passes for younger skiers and snowboarders.

The administration told a court on Monday that it was abandoning its defense of executive orders targeting the firms. But on Tuesday, the Justice Department abruptly changed its position.

The new C.E.O. said the company would focus on home décor, apparel and pop culture trends in an effort to reverse years of sales declines.

Polymarket users placed hundreds of bets of at least $1,000 predicting an imminent American strike, raising concerns about insider trading.

Seafood Watch, long a source of advice on sustainable choices, is working to get restaurants to adopt its color-coded recommendations.

Lending troubles at Blue Owl Capital and other so-called private credit behemoths are setting off fears of a “bank run,” as one hedge fund put it.

Joichi Ito’s involvement in a publicly funded Japanese initiative had come under scrutiny after new details revealed his close relationship with Jeffrey Epstein.