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Nicholas Gray, 86, Dies; Paired Hot Dogs With Papaya to Make a Landmark

May 24, 2023 / no comments

His Gray’s Papaya, a knockoff of another frankfurter haven, helped turn an unlikely culinary combination into a New York phenomenon.

For Citigroup, Breaking Up Is Hard to Do—But Still Worth It

May 24, 2023 / no comments

A public offering for its Banamex business in Mexico will be slower than a sale, but there are benefits.

Banking Crisis is Over, Top Executives Say

May 24, 2023 / no comments

Threats to the global banking system have ebbed, but the industry might be forced to curtail lending and revamp business models in an era of higher interest rates.

McCarthy Renews Call for Spending Cuts as Debt Talks Resume at White House

May 24, 2023 / no comments

With a potential default just over a week away, the House speaker is maintaining pressure for a rollback in spending in exchange for raising the borrowing limit.

How to Listen to DeSantis’s Presidential Announcement With Elon Musk on Twitter

May 24, 2023 / no comments

The Florida governor is set to announce that he will be running for president on Twitter Spaces, a live audio streaming platform on Twitter where people gather and talk online in real time.

Fed’s June Rate Decision Is Close Call, Official Says

May 24, 2023 / no comments

Higher rates are likely to be warranted, even if the central bank foregoes a June hike, governor Christopher Waller says.

Debt-Ceiling Fight Comes Down to Spending: Freeze or Cut?

May 24, 2023 / no comments

Conservatives are pushing House Speaker Kevin McCarthy for deep reductions, while the White House is offering a spending freeze.

Potential Debt Ceiling Deal Would Barely Change Federal Spending Path

May 24, 2023 / no comments

Negotiators have focused on a relatively small corner of the budget, shunning new revenues or cuts to the fastest-growing programs

Sephora in Kohl’s: Glow Up or Coverup?

May 24, 2023 / no comments

Sephora stores, while promising, haven’t translated into growth in Kohl’s stores just yet.

Yellen Says Treasury Is Committed to Efforts to Raise the Debt Ceiling

May 24, 2023 / no comments

The Treasury secretary added that her agency isn’t involved in planning for what might happen if a default occurs.

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