Finance

SAN FRANCISCO — Stewart Butterfield, chief executive of the workplace collaboration app Slack, once offended Robert De Niro at an awards event with an irreverent comment, prompting the actor to curse at him from the stage. On another occasion, Mr. Butterfield bought a snarky full-page newspaper ad to taunt a rival, Microsoft. And he has […]

MUMBAI, June 2 (Reuters) ― Two Indian air force helicopters and a rescue team scoured the Himalayan region around the Nanda Devi mountain for eight missing climbers without success on Sunday and survivors are unlikely to be found, two government officials said. The rescue effort for the climbers from Australia, Britain, the United States and

President Donald Trump has once again turned to tariffs to try to get his way with a U.S. trading partner. This time, the target is Mexico: Trump plans to impose 5% tariffs on Mexican imports starting June 10 and to ratchet them up to 25% by Oct. 1 if the Mexicans don’t do more to

Want this column in your inbox? Sign up here. Happy June! And sorry about your stock portfolio, which probably isn’t looking too hot after President Trump’s latest tariff threats. Here’s what you need to know about the week’s business news. MAY 26-june 1 What’s Up? Not All Losses Are Bad Uber has taken some knocks

Consumer spending slowed in April while inflation was up, but still far below the target set by the Federal Reserve. The Commerce Department said Friday that spending increased 0.3% in April following a 1.1% surge in March that had been the largest increase in nearly a decade. Personal income growth, which had been lagging in

“For first-time buyers, there’s inventory they can afford,” Mr. Murphy said. “But many listings can get 20 offers or more.” Typically, he said, buyers who are able to pay cash win the contest. Similarly, in Kansas City, Mo., sellers still generally have the upper hand, said Bobbi Howe, an agent with Keller Williams Kansas City

President Donald Trump’s surprise threat to impose escalating tariffs on Mexican imports jolted industry leaders throughout the U.S. economy Friday, sparked opposition even from usual Trump allies and set the stage for American consumers to face higher prices. It also sent stock markets tumbling, with the Dow Jones industrial average closing down roughly 355 points,

Because that sponsor is considered a public charity in its own right, donors get the tax deduction when they donate to the fund. When the money is doled out to other public charities, donors do not get a second deduction. By law, the donors have given up control of their donation when they put the

Uber and Lyft, the two leading ride-share companies, have lost a great deal of money and don’t project a profit any time soon. Yet they are both trading on public markets with a combined worth of more than $80 billion. Investors presumably expect that these companies will some day find a path to profitability, which

The IRS has proposed an update to the Form W-4 that it says will increase its accuracy and reduce its complexity. But experts caution that it will feel different to employees and may prove a bit more difficult for some. Interested in Taxes? Add Taxes as an interest to stay up to date on the