A Must for the Next Food Craze? Be ‘Social Media Gorgeous.’
The ascent of ube has little to do with the purple yam’s taste or Filipino origins. It’s the color, flavor experts say. Source link
Business Update
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Markets Have Faced a Year of Chaos and Still Done Awfully Well
Most stock investors have lost money during the Iran war, but returns have been splendid for the year since the “Liberation Day” tariff announcement. Source link
Fed’s Inflation Woes Preceded the War With Iran
An energy shock stemming from the fighting has added a layer of complexity to the Federal Reserve’s decision-making around interest rates. Source link
Is the Strait of Hormuz Reopening? What to Know Under Iran-Cease Fire.
Vessels are wary of passing the coast of Iran in the strait, given the fragile agreement, and the number of ships traveling through it has even dropped. Source link
Amazon and U.S. Postal Service Reach New Deal on Deliveries After Year of Talks
Amazon will cut the volume of packages it ships through the Postal Service by 20 percent under a tentative new deal that will preserve a crucial source of income for the agency. Source link
Why Gas Prices Won’t Fall as Quickly as Oil Prices
The energy industry refers to the behavior of gasoline prices as “up like a rocket, down like a feather.” Source link
White House Secures Foreign Steel for Ballroom Project
ArcelorMittal, a European steel maker, is donating tens of millions of dollars of foreign steel for President Trump’s new ballroom. Source link
Oil Prices Fall, but Energy Firms Remain Frozen After U.S.-Iran Deal
Analysts said oil and natural gas energy companies would not quickly restore production unless attacks stopped and ships started moving through the Strait of Hormuz. Source link
Adam Back Denies He Is Satoshi Nakamoto in Response to Times Investigation
“Dr. Adam Back has consistently stated that he is not Satoshi Nakamoto,” his company said in a statement. “What is not speculative is Adam’s foundational contribution to Bitcoin.” Source link
Fed Minutes Show Officials in No Rush to Cut as Iran War Scrambled Outlook
The conflict in the Middle East has left the Federal Reserve braced for higher inflation, upending expectations about if officials will restart interest rate cuts. Source link