Investments and Business

The fighting between Israel and militants from Gaza could be a blow to the ambitions of Israel and the wider eastern Mediterranean region to become a hub for exporting natural gas to Europe and elsewhere.Those aspirations received a lift when Chevron, the American energy giant, acquired stakes in two large Israeli offshore gas fields when it bought Noble Energy in 2020 for about $4 billion. Nobel Energy had led the way in developing Israeli gas.Natural gas fields off the Israeli coast now account for about 70 percent of the country’s electric power generation, reducing the use of polluting coal. The…

In a sign of continued economic stamina, American payrolls grew by 336,000 in September on a seasonally adjusted basis, the Labor Department said on Friday.The increase, almost double what economists had forecast, confirmed the labor market’s vitality and the overall hardiness of an economy facing challenges from a variety of forces.It was the 33rd consecutive month of job growth, and the increase was the biggest since January.The unemployment rate, based on a survey of households, was steady at 3.8 percent. It has been below 4 percent for nearly two years, a stretch not achieved since the late 1960s.“This is an…

The list of gains that the Hollywood writers secured to end a nearly five-month strike with studios once seemed ludicrously ambitious: not just wage increases, but also minimum staffing levels for shows, new royalties on successful series and restrictions on outsourcing writing duties to artificial intelligence.Yet far from an anomaly, the writers’ deal was the latest high-profile labor standoff that seemed to produce substantial gains for workers, and to suggest that they have more leverage than in the past.United Parcel Service employees won large pay increases for part-timers by pushing the company to the brink of a strike, while the…

Heather Mahmood-Corley, a real estate agent, was seeing decent demand for houses in the Phoenix area just a few weeks ago. But as mortgage rates pick up again, she is already watching would-be home buyers retrench.“You’ve got a lot of people on edge,” said Ms. Mahmood-Corley, a Redfin agent who has been selling houses for more than eight years.Mortgage rates and other key borrowing costs have climbed sharply since the middle of the summer, adding to an increase that had already taken place in response to Federal Reserve policy rate moves since early 2022.The latest run-up in interest rates started…

He stands eight feet tall and is shrouded in a black, gauzy robe, with his monstrous, orange hands open in a welcoming gesture. His toothy grin, cloaked under a hood, is indiscernible.Move over, Freddy Krueger. There’s a new Halloween icon in the mix.Just don’t call him a jack-o’-lantern. His name is Lewis.The Halloween decoration from Target has become a popular addition for Halloween fans, sharing lawns with other decorations like a towering 12-foot skeleton sold at Home Depot and an inflatable sandworm from the movie “Beetlejuice,” as well as the more demure traditional pumpkins or chrysanthemums.But it is not necessarily…

“You can taste the climate change.”Frédéric Chaudière, a third-generation winemaker in the French village of Mormoiron, took a sip of white wine and set down his glass.The tastes of centuries-old varieties are being altered by spiking temperatures, scant rainfall, snap frosts and unpredictable bouts of extreme weather. The hellish summer was the latest reminder of how urgently the $333 billion global wine industry is being forced to adapt. Temperature records were set in Europe, the United States, China, North Africa and the Middle East as hail, drought, wildfires and floods on a biblical scale inflicted damage.Grape vines are some of…

The United Automobile Workers union said on Friday that it had made progress in its negotiations with Ford Motor, General Motors and Stellantis, the parent of Chrysler, and would not expand the strikes against the companies that began three weeks ago.In an online video, the president of the union, Shawn Fain, said all three companies had significantly improved their offers to the union, including providing bigger raises and offering cost-of-living increases. In what he described as a major breakthrough, Mr. Fain said G.M. was now willing to include workers at its battery factories in the company’s national contract with the…

Federal Reserve officials are likely to cast a wary eye on September jobs data, which showed that employers both hired at a rapid clip last month and had added more workers in the previous two months than had been reported earlier.Employers added 336,000 jobs last month, sharply more than the 170,000 economists had predicted. Fed officials have been keeping a careful watch on the labor market as they try to assess how much more they need to raise interest rates to bring inflation under control, and how long borrowing costs should stay high.Central bankers had been encouraged as job growth…

Almost every family has a secret they never discuss. Ours is this: We were taste testers for Pop-Tarts.It was not long after Kellogg’s introduced the toaster pastry in 1964. But for several months one year (none of us can pinpoint the exact date), brown cardboard boxes arrived on our doorstep with an assortment of Pop-Tarts tucked inside. Strawberry. Raspberry. Brown-Sugar Cinnamon. We ate them all. After dinner. Sometimes hot, usually cold. With frosting and without.Neither I nor any of my seven siblings can recall how we came to be Pop-Tart critics, and my parents aren’t alive to tell us. But…