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TradeBriefs Editorial

From the Editor's Desk

The Two Souls Within: Hermann Hesse on the Dual Life of the Creative Spirit

“Like a precious, fleeting foam over the sea of suffering arise all those works of art, in which a single individual lifts himself for an hour so high above his personal destiny that his happ…Continued here

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Biden Tries to Rally Disaffected Black Voters in Fiery Condemnation of Trump    
Biden Tries to Rally Disaffected Black Voters in Fiery Condemnation of Trump
Peter Baker is the chief White House correspondent for The Times. He has covered the last five presidents and sometimes writes analytical pieces that place presidents and their administrations in a larger context and historical framework. More about Peter Baker


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Warren Buffett Decorates His Office Walls With Moments Of Extreme Panic In Wall Street As A Reminder 'Anything Can Happen In This World'    
Warren Buffett Decorates His Office Walls With Moments Of Extreme Panic In Wall Street As A Reminder 'Anything Can Happen In This World'
Buffett\'s historical reminders underscore that while the market is unpredictable, it presents diverse opportunities. From the resilience and fluctuations of established markets to the dynamic and promising world of startups, the financial landscape offers a spectrum of possibilities for the informed and adaptable investor.


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Impeachment and Border Talks Put G.O.P. at Odds Over Mayorkas    
Impeachment and Border Talks Put G.O.P. at Odds Over Mayorkas
“He’s working for the president of the United States, and these are the president’s policies,” Mr. Lankford said of Mr. Mayorkas on Fox. “The problem is President Biden’s policies on the border, not Mayorkas, in the way he’s carrying it out.”


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An Antique Dress Held a Secret: A Coded Message From 1888    
An Antique Dress Held a Secret: A Coded Message From 1888
Wayne Chan, a data analyst at the University of Manitoba, finally cracked the case. The note, he wrote in a recent study, contained codes used to telegraph condensed weather observations for stations in the United States and Canada in 1888. Each message started with a station location, followed by code words for temperature and pressure, dew point, precipitation and wind direction, cloud observations, wind velocity and sunset observations, Mr. Chan wrote.


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Apple pays out over claims it deliberately slowed down iPhones    
Apple pays out over claims it deliberately slowed down iPhones
Apple has previously called the lawsuit \"baseless\" and said \"we have never - and would never - do anything to intentionally shorten the life of any Apple product, or degrade the user experience to drive customer upgrades\".


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American Company’s Spacecraft Malfunctions on Its Way to the Moon    
American Company’s Spacecraft Malfunctions on Its Way to the Moon
Kenneth Chang has been at The Times since 2000, writing about physics, geology, chemistry, and the planets. Before becoming a science writer, he was a graduate student whose research involved the control of chaos. More about Kenneth Chang


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TikTok Quietly Curtails Data Tool Used by Critics    
TikTok Quietly Curtails Data Tool Used by Critics
The change illuminates the pressure that TikTok has come under since the start of the war. Lawmakers and researchers have scrutinized the app’s influence on young Americans and fears about how Beijing could potentially influence content on TikTok. There have been efforts in Washington to ban the app — an outcome that many consider unlikely — or force a sale of TikTok to an American company.


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I.R.S. to Begin Trial of Its Own Free Tax-Filing System    
I.R.S. to Begin Trial of Its Own Free Tax-Filing System
According to an announcement from Gov. Kathy Hochul’s office, direct file users in New York will be able to share the information on their federal returns with Code for America’s filing tool. The tool will prepare most of the state return using the data provided, and most taxpayers will have to answer no more than a few simple questions to complete their New York return.


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56 million Americans have been in credit card debt for at least a year. 'We are seeing pockets of trouble,' expert says    
56 million Americans have been in credit card debt for at least a year. 'We are seeing pockets of trouble,' expert says
Cards offering up to 21 months with no interest on transferred balances \"are still widely available,\" he added. If you can take advantage of that type of promotion on the same average balance and make 21 equal payments of just under $300, \"you are out of debt in less than two years,\" Rossman said.


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Boeing issues 737 Max 9 inspection instructions, a key step toward resuming flights    
Boeing issues 737 Max 9 inspection instructions, a key step toward resuming flights
\"The FAA\'s priority is always keeping Americans safe,\" the agency said in a statement Monday. \"In that spirit, Boeing 737-9 aircraft will remain grounded until operators complete enhanced inspections which include both left and right cabin door exit plugs, door components, and fasteners. Operators must also complete corrective action requirements based on findings from the inspections prior to bringing any aircraft back into service.\"


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People may eat more calories after stopping weight loss drugs, according to Deutsche Bank survey    
People may eat more calories after stopping weight loss drugs, according to Deutsche Bank survey
\"The main point is that usage of GLP-1 drugs is not just a pure addition to the total number of people on weight loss programs, it is part of the entire eco-system,\" the report said. \"We suspect that many of the answers given with regard to consumption would be similar for those given by many people when they start a weight loss program.\"


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Top Goldman Sachs analyst says the world is moving into a new super cycle    
Top Goldman Sachs analyst says the world is moving into a new super cycle
\"Looking back in time, cycles and structural breaks do repeat themselves but never in exactly the same way. And I think we need to sort of learn from history what are the inferences that we can look at in order to position best for the sort of environment we\'re moving into.\"


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Abercrombie, American Eagle and Lululemon raise holiday sales outlooks    
Abercrombie, American Eagle and Lululemon raise holiday sales outlooks
Retail earnings season kicks off in mid-February, with names such as Walmart, Target and Home Depot. Abercrombie, American Eagle and Lululemon are expected to report full holiday results in March.Don\'t miss these stories from CNBC PRO:


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Stock market news today: Nasdaq surges 2% to lead market rally, Dow lags as Boeing falls 8%    
Stock market news today: Nasdaq surges 2% to lead market rally, Dow lags as Boeing falls 8%
Ron Epstein, an analyst at Bank of America Global Research, wrote Monday, \"With the limited information we have at this early stage, this appears to be a manufacturing quality escape as opposed to a design issue.\"


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Rivera fired; ex-GMs to lead Washington overhaul    
Rivera fired; ex-GMs to lead Washington overhaul
\"My life has always been football, and it is a wonderful life,\" Rivera said in his statement. \"As a player, and now as a coach, I\'ve watched in amazement every week as the impossible is done again and again on the field. I have tremendous respect for the NFL because of all that it does to lift communities and people together. Football has become an integral part of America and America is a part of what is truly great about football.\"


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Chairman of Florida Republican Party Is Ousted Amid Scandal    
Chairman of Florida Republican Party Is Ousted Amid Scandal
He was replaced by Evan Power, the head of the Leon County Republican Party in Tallahassee, who had been the state party’s vice chairman. Mr. Ziegler did not attend the meeting and did not immediately respond to a text message seeking comment.


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As the College Sports Model Teeters, Michigan Tries to Keep a Balance    
As the College Sports Model Teeters, Michigan Tries to Keep a Balance
“Are we moving to a place where athletic departments are run by the donors?” asked Bob Boland, a sports law professor at Seton Hall. “University presidents might tell you they already are. We’re in an interesting place here as the enterprise is spilling over its institutional walls.”


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Trump’s Lawyers Say He Should Be Immune From Prosecution in Georgia Case    
Trump’s Lawyers Say He Should Be Immune From Prosecution in Georgia Case
The U.S. Supreme Court announced on Friday that it would take up the matter of whether Mr. Trump — who polls show to be leading his Republican primary opponents by wide margins — is eligible to appear on the state’s primary ballot. That decision could resolve the question nationally.


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The State of Play in Iowa: What to Know About the G.O.P. Presidential Caucuses    
The State of Play in Iowa: What to Know About the G.O.P. Presidential Caucuses
This year is … not that, exactly. Donald Trump leads the polls by more than 30 points, despite visiting the state infrequently compared with his rivals. His expansive advantage has transformed the Iowa caucuses into a contest for second place. If none of Trump’s five rivals chip away at his lead, the caucuses could become more like an early coronation.


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11 Injured and One Missing After Apparent Explosion at Fort Worth Hotel    
11 Injured and One Missing After Apparent Explosion at Fort Worth Hotel
The building housed the offices of several oil exploration firms and a bank over the years, according to the National Register. Its current owner, Northland Properties, purchased the building in 2019. The 245-room Sandman Hotel opened in March 2023, according to The Fort Worth Star-Telegram.


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Supreme Court Appears Split Over Notice Requirements for Immigration Court    
Supreme Court Appears Split Over Notice Requirements for Immigration Court
Ms. Anand responded that “ordinary speakers of English don’t use ‘change’ to refer to indeterminate time to determinate time.” She gave the example of a bride sending out a wedding announcement.


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4 Aides to Austin Waited 2 Days to Tell White House About His Hospitalization    
4 Aides to Austin Waited 2 Days to Tell White House About His Hospitalization
“The president’s No. 1 focus is on the secretary’s recovery, and he looks forward to having him back at the Pentagon as soon as possible,” he said. “The president respects the fact that Secretary Austin took ownership for the lack of transparency. He also respects the amazing job he’s done.”


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Apparent ‘Swatting’ Incident Targets Judge in Trump Election Case    
Apparent ‘Swatting’ Incident Targets Judge in Trump Election Case
Alan Feuer covers extremism and political violence for The Times, focusing on the criminal cases involving the Jan. 6 attack on the Capitol and against former President Donald J. Trump.  More about Alan Feuer


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Science Teacher Finds Missing Piece of Boeing Jet’s Fuselage in His Yard    
Science Teacher Finds Missing Piece of Boeing Jet’s Fuselage in His Yard
Michael Levenson joined The Times in December 2019. He was previously a reporter at The Boston Globe, where he covered local, state and national politics and news. More about Michael Levenson


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Send Us Your Questions About the 2024 U.S. Presidential Election    
Send Us Your Questions About the 2024 U.S. Presidential Election
We might use what you send us in an upcoming newsletter. We won’t share your response with anyone outside our newsroom, or use your contact information beyond following up with you. And we won’t publish your submission without first contacting you to verify that your information and your response are accurate.


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Why Iowa Turned So Red When Nearby States Went Blue    
Why Iowa Turned So Red When Nearby States Went Blue
Gary Hillmer, a retired U.S. Agriculture Department soil conservationist in Hardin County., Iowa, has drifted away from his Republican roots and said he struggled to understand the views of his Trump-supporting neighbors in the farm country around Iowa Falls.


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Man Who Attacked Las Vegas Judge Gets Up to 4 Years in Prison    
Man Who Attacked Las Vegas Judge Gets Up to 4 Years in Prison
Judge Holthus emphasized that Mr. Redden was being sentenced solely on an April 2023 battery charge, to which he had previously pleaded guilty. She said any charges related to his attack last week would be handled by a different judge.


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Protesters Calling for Gaza Cease-Fire Interrupt Biden Speech    
Protesters Calling for Gaza Cease-Fire Interrupt Biden Speech
Maggie Astor covers politics for The New York Times, focusing on breaking news, policies, campaigns and how underrepresented or marginalized groups are affected by political systems. More about Maggie Astor


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A snowstorm in Iowa is hindering Republicans’ campaign plans.    
A snowstorm in Iowa is hindering Republicans’ campaign plans.
Maggie Astor covers politics for The New York Times, focusing on breaking news, policies, campaigns and how underrepresented or marginalized groups are affected by political systems. More about Maggie Astor


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Far Right Balks as Congress Begins Push to Enact Spending Deal    
Far Right Balks as Congress Begins Push to Enact Spending Deal
Carl Hulse is the chief Washington correspondent, primarily writing about Congress and national political races and issues. He has nearly four decades of experience reporting in the nation’s capital. More about Carl Hulse


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Israel Says Its Military Is Starting to Shift to a More Targeted Gaza Campaign    
Israel Says Its Military Is Starting to Shift to a More Targeted Gaza Campaign
Edward Wong is a diplomatic correspondent who has reported for The Times for more than 24 years from New York, Baghdad, Beijing and Washington. He was on a team of Pulitzer Prize finalists for Iraq War coverage. More about Edward Wong


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Many Have Preached Politics From This Pulpit, but Biden Is the First President    
Many Have Preached Politics From This Pulpit, but Biden Is the First President
Kevin Sack is a senior writer, based in Atlanta, who produces long-form narrative projects for the investigations team. He has written broadly about national affairs for more than three decades and has shared in three Pulitzer Prizes. More about Kevin Sack


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Mitch Landrieu, Biden’s Infrastructure Czar, Moves to Presidential Campaign    
Mitch Landrieu, Biden’s Infrastructure Czar, Moves to Presidential Campaign
Zolan Kanno-Youngs is a White House correspondent covering a range of domestic and international issues in the Biden White House, including homeland security and extremism. He joined The Times in 2019 as the homeland security correspondent. More about Zolan Kanno-Youngs


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Some California Farmers Pay for Groundwater. Is That Workable?    
Some California Farmers Pay for Groundwater. Is That Workable?
A correction was made on Jan. 5, 2024: Friday’s newsletter misidentified Lloyd Masson’s role. He is a prosecutor in San Bernardino County who specializes in cold cases, not a prosecutor in George Gascón’s office.


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U.S. Faces Week of Extreme Weather, Including Blizzards and Flooding    
U.S. Faces Week of Extreme Weather, Including Blizzards and Flooding
The next storm system to sweep the country was dropping rain and snow in the Northwest on Monday, with the precipitation forecast to gradually get worse. Flooding rains and blizzard conditions will last through Wednesday morning.


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​This Year, DeSantis Won’t Loom as Large Over Florida Legislative Session    
​This Year, DeSantis Won’t Loom as Large Over Florida Legislative Session
In his new budget, Mr. DeSantis recommended a one-year exemption on taxes, fees and assessments on property insurance for homes worth up to $750,000. Floridians’ rates rose by an average of 57 percent in 2022, the highest in the nation.


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Blackstone went downmarket for PE investors and came up with $1.3 billion    
Blackstone went downmarket for PE investors and came up with $1.3 billion
Blackstone is well aware. In an October earnings call with investors—the firm itself is publicly traded—COO Jonathan Gray said that “there’s $80-plus trillion in that market of individuals around the world with more than a million dollars of investable assets.”


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Elon Musk has responded to a bombshell report on the concerns about his drug use    
Elon Musk has responded to a bombshell report on the concerns about his drug use
Alex Spiro, a lawyer who represents Musk and often speaks on behalf of the billionaire, did not immediately respond to a request for comment. SpaceX, Tesla, and X did not immediately respond to Gizmodo’s questions. Musk hasn’t said much about the issue. A day after the WSJ published its article about Musk’s alleged drug use, he tweeted, “lol.”


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Apple's $3,500 Vision Pro mixed-reality headset will be in Apple stores soon    
Apple's $3,500 Vision Pro mixed-reality headset will be in Apple stores soon
Apple also shared more about how you can lock down your Vision Pro, and it involves scanning your iris. This is the company’s new “Optic ID,” which users can upload their biometric data to let it autofill passwords or complete payments with Apple Pay. This is akin to the face scan already available on iPhone, but Apple swore the eye tracking data isn’t shared with Apple or third-party apps.


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Changes in global trade are making supply chains longer and twistier    
Changes in global trade are making supply chains longer and twistier
Still, they cautioned that while the overall distances between firms in supply chains have lengthened, the overall density of the network of manufacturing companies has not increased. That suggests there’s been no fundamental diversification of supply chains, they write.


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The monthly AI or real quiz: January 2024    
The monthly AI or real quiz: January 2024
Not sure if the news you’re seeing on social media is true or false? Can you always tell if the things you see online are real or fake? Learn how to get the other side of the story with our quizzes, videos and explainers.


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Where will all the electric cars be charged?    
Where will all the electric cars be charged?
None of these solutions alone will be sufficient to meet growing demand. There aren\'t enough lampposts and bollards. Mobile robotic charging may remain niche. And pavement-embedded chargers won\'t be suitable in places where the pavements are often sparse or dilapidated, like Los Angeles.


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Ministers seeking to speed up Post Office appeals    
Ministers seeking to speed up Post Office appeals
Prime Minister Rishi Sunak\'s official spokesman said: \"The prime minister shares the public\'s feeling of outrage on this issue. He would strongly support the Forfeiture Committee if it chose to review the case.\"


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Tiger Woods and Nike end 27-year partnership    
Tiger Woods and Nike end 27-year partnership
Woods has had a limited schedule since suffering a leg injury in a car crash in 2021. He said in December he would only play one event per month in 2024 as he recovers from ankle surgery, but added he still believes he can still win on the PGA Tour.


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Shoppers and retailers set for 'challenging' 2024, says BRC    
Shoppers and retailers set for 'challenging' 2024, says BRC
In entertainment, digital subscriptions saw strong growth with consumers staying at home during the holidays and catching up on the latest releases such as The Crown and Chicken Run: Dawn of the Nugget.


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Boeing 737 Max 9: United Airlines finds loose bolts during inspections    
Boeing 737 Max 9: United Airlines finds loose bolts during inspections
A total of 346 people were killed. Both crashes were caused by flawed flight control software, which ultimately forced the planes into catastrophic dives, despite the best efforts of the pilots.


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Student loan costs to balloon £10bn a year - IFS report    
Student loan costs to balloon £10bn a year - IFS report
A Treasury spokesperson said: \"We\'ve kept maximum tuition fees frozen to deliver better value for students and taxpayers while also taking the difficult decisions necessary to more than halve inflation this year, including by resisting calls for higher spending and borrowing.\"


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Barclays bank cut 5,000 jobs in cost-saving drive    
Barclays bank cut 5,000 jobs in cost-saving drive
The latest announcement, which is thought to be among the biggest savings exercises carried out at Barclays since the 2008 financial crisis, will increase pressure on the lender ahead of its full-year results for 2023 being published next month.


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Boeing shares stumble after mid-flight blowout    
Boeing shares stumble after mid-flight blowout
Spirit AeroSystems, which made and installed the part, had named a new chief executive in October. It said in a statement on Monday that its \"primary focus\" was \"the quality and product integrity of the aircraft structures we deliver\".


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Alaskan Airlines flight 1282: Key questions behind door plug blowout    
Alaskan Airlines flight 1282: Key questions behind door plug blowout
The aerospace giant insists it is a different company today. In a message to staff, chief executive Dave Calhoun said \"when serious accidents like this occur, it is critical for us to work transparently with our customers and regulators to understand and address the causes of the event, and to ensure they don\'t happen again.\"


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Bet365 boss Denise Coates sees pay jump to £221m    
Bet365 boss Denise Coates sees pay jump to £221m
The latest accounts filed on Monday showed that Bet365 group\'s revenues topped £3.4bn in the year to 26 March, 2023, helped by a boost in activity from the Fifa World Cup in Qatar. That is up from £2.8bn the year before.


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United Airlines Finds Loose Bolts in Boeing 737 Max 9    
United Airlines Finds Loose Bolts in Boeing 737 Max 9
Mark Walker is an investigative reporter in the Washington bureau. He was part of a team that won a Pulitzer Prize for its coverage of Covid-19 in 2020. He grew up in Savannah, Ga., and graduated from Fort Valley State University. More about Mark Walker


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New President of Realtors Group Abruptly Resigns    
New President of Realtors Group Abruptly Resigns
In a statement, Ms. Kasper said, “As a result of the recent threat and given the significance of this moment for myself, my family and the organization, it is again time for me to put the interests of NAR first. So, it is with a mix of gratitude and a heavy heart that I submit my resignation as your president effective immediately.”


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Japanese Company’s Bid for U.S. Steel Tests Biden’s Industrial Policy    
Japanese Company’s Bid for U.S. Steel Tests Biden’s Industrial Policy
Jim Tankersley writes about economic policy at the White House and how it affects the country and the world. He has covered the topic for more than a dozen years in Washington, with a focus on the middle class. More about Jim Tankersley


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Golden Globes Draws 9.4 Million Viewers    
Golden Globes Draws 9.4 Million Viewers
Critics were not kind to the telecast, either. Vanity Fair called it a “near-total disaster” and a critic at The Hollywood Reporter said it was “the dullest awards show” he had ever seen. The Ankler likened it to the “RC Cola of award shows.”


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Writing Checks Can Be Risky. Here’s How to Protect Yourself.    
Writing Checks Can Be Risky. Here’s How to Protect Yourself.
Federal regulators require servicers to refund customers money if an “unauthorized” transfer is made through these services, but not when an individual is scammed into authorizing a transaction. Last year, Zelle said it would require its participating banks to refund customers in some of those situations — namely, certain impostor scams. In these, a criminal may pose as an institution you already do business with, such as a bank, utility or mobile phone provider.


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Tony Fortuna, Restaurateur With a Congenial Flair, Dies at 76    
Tony Fortuna, Restaurateur With a Congenial Flair, Dies at 76
Florence Fabricant is a food and wine writer. She writes the weekly Front Burner and Off the Menu columns, as well as the Pairings column, which appears alongside the monthly wine reviews. She has also written 12 cookbooks. More about Florence Fabricant




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