Members of OPEC and their allies, including Russia and Mexico, already had pledged to cut output by 9.7 million barrels a day in May and June, which has helped prop up oil prices as demand for crude begins to recover. It was the deepest cut ever agreed to by the world’s oil producers. The group […]
Over the past five years, as demands for reform have mounted in the aftermath of police violence in cities like Ferguson, Mo., Baltimore and now Minneapolis, police unions have emerged as one of the most significant roadblocks to change. The greater the political...
When the country was largely under lockdown, at least the rules were mostly clear. Essential workers ventured out; everyone else sheltered in. Bars and restaurants were closed except for dining out; hair salons and spas were shuttered. Outings were limited to the...
A food bank in Corpus Christi, Texas, one of the areas where unemployment has shot up, even as the number of virus cases has remained relatively low.Ilana Panich-Linsman for The New York Times In Corpus Christi, Texas, many people strain to name anyone infected with...
Despite it all — a nation on edge, with an untamed pandemic and convulsive protests over police brutality — for the first time in three months there is a scent of economic optimism in the air.Employers added millions of jobs to their payrolls in May, and the jobless...
Companies can use their clout to promote diversity in other creative ways, as well. Earlier this year, Goldman Sachs said it wouldn’t take a company public if it didn’t have at least one woman or minority on its board.Ms. Hobson was among those who called for...
