US cities will suffer

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Buildings in the downtown skyline of San Francisco, California, US, on Wednesday, May 3, 2023. San Francisco's office-vacancy rate soared to a record 27.6% at the end of 2022, compared with just 3.7% before the pandemic. Photographer: Jason Henry/Bloomberg via Getty Images
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Half of the biggest global companies plan to cut office space, a trend that is upending the commercial real estate market
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US venture capital titan Sequoia to split off China business amid tension with Beijing
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Ford recalling 125,000 SUVs and trucks that could catch fire
Brendan McDermid/Reuters/FILE
Amtrak CEO: Pandemic delayed profitability by years
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SEC sues Coinbase for allegedly acting as an unregistered crypto broker
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I tried Apple’s new headset. Here’s what it’s like to use
Don Ryan/AP
Fox Corp. board under investigation by Oregon’s attorney general for violating its fiduciary duties
Fabian Sommer/picture alliance/Getty Images
Microsoft to pay $20 million to settle Xbox Live privacy allegations
Elizabeth Cook/PA Images/Alamy Stock Photo
Prince Harry gives tense testimony in historic courtroom battle against British media
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San Francisco Hilton investor will stop making loan payments
People are spending more on groceries. But they’re buying less
Main Street traders are taking big risks. They might not pay off
Binance hit by outflows of $790 million in last 24 hours, data shows
Embattled CNN chief apologizes to staff after embarrassing profile, vows to ‘fight like hell’ to win back trust
‘The Little Mermaid’ tanks in China and South Korea amid racist backlash from some viewers
Starbucks is bringing its controversial olive oil coffee to more cities
Saudi Arabia needs more than higher oil prices to fund its grand plans
Actors union vote to authorize a strike next month, possibly joining writers
West Coast dockworkers disrupt trade for a fourth day, says maritime group
US regulator accuses Binance of running an illegal exchange

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What to Watch

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Apple unveils $3,500 mixed-reality headset
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Starbucks expands availability of its controversial line of olive oil-infused coffee
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SEC sues Coinbase and accuses Binance of running an illegal exchange
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Text message scams are on the rise. Here’s what you can do to prevent them

In Case You Missed It

economy

MIAMI, FLORIDA - MAY 05: A 'Now Hiring' sign posted outside of a restaurant looking to hire workers on May 05, 2023 in Miami, Florida. A report by the Bureau of Labor Statistics showed the US economy added 253,000 jobs in April. (Photo by Joe Raedle/Getty Images)
Joe Raedle/Getty Images
The case for a 2023 US recession is crumbling
Employers are preparing for a recession, but that doesn’t always mean layoffs
The global economy has likely been spared a US debt default. It still faces a mountain of risks
Fitch warns it could still downgrade America’s credit rating despite debt ceiling resolution
The job market held up in May. But the Fed may have already decided to pause

social media

A group of high school students looking at their smartphones while taking a short break during class.
Willie B. Thomas/Digital Vision/Getty Images
Teachers are on the front lines of a battle to change how teens use social media
First on CNN: US senators question Twitter’s privacy compliance under Elon Musk
Reddit sparks outrage after a popular app developer said it wants him to pay $20 million a year for data access
Meta threatens to pull news content in California if bill to pay publishers passes
Twitter loses its top content moderation official at a key moment
AI leaders sign statement warning of ‘extinction’ risk

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Apple’s autocorrect tweak

Success

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How much should you have saved for retirement at your age? It’s complicated
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Beyond FDIC insurance: How protected is your money outside of banks?
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Return-to-office mandates won’t magically improve young employees’ career development
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Tech

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I tried Apple’s new headset. Here’s what it’s like to use
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Microsoft to pay $20 million to settle Xbox Live privacy allegations
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The iPhone’s ducking autocorrect problem finally gets fixed
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Elon Musk is no longer the CEO of Twitter. Linda Yaccarino officially starts in role

Media

Don Ryan/AP
Fox Corp. board under investigation by Oregon’s attorney general for violating its fiduciary duties
Elizabeth Cook/PA Images/Alamy Stock Photo
Prince Harry gives tense testimony in historic courtroom battle against British media
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Embattled CNN chief apologizes to staff after embarrassing profile, vows to ‘fight like hell’ to win back trust
IMDB
‘The Little Mermaid’ tanks in China and South Korea amid racist backlash from some viewers

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