Investments and Business

Treasury Secretary Janet L. Yellen said on Tuesday that she had personally urged Prime Minister Benjamin Netanyahu of Israel to increase commercial engagement with the West Bank, contending that doing so was important for the economic welfare of both Israelis and Palestinians.Ms. Yellen’s plea was outlined in a letter that she sent to Mr. Netanyahu on Sunday. It represented her most explicit public expression of concern about the economic consequences of the war between Israel and Hamas. In the letter, Ms. Yellen said, she warned about the consequences of the erosion of basic services in the West Bank and called…

The Federal Trade Commission and several state attorneys general on Monday sued to block Kroger, the supermarket giant, from completing its $24.6 billion acquisition of the grocery chain Albertsons, saying the deal would hurt competition in the industry.The agency said the deal, which would be the largest supermarket merger in U.S. history, would most likely result in higher prices for groceries for consumers and, with fewer supermarkets, reduce the ability for grocery-store employees to negotiate higher wages and better working conditions.“This supermarket mega-merger comes as American consumers have seen the cost of groceries rise steadily over the past few years,”…

“No society can be fully understood apart from the residences of its members.”I have that quote (from “Crabgrass Frontier,” the seminal history of America’s suburbs) taped to a wall behind my desk. It summarizes why I love covering housing for The New York Times and seem never to run out of things to write about. Housing is everything. It’s where we live and raise our families. It is most people’s largest store of wealth. Whether you own, you rent, or you sleep outside, where you hang your head defines much of your existence.Over the past few decades, and especially since…

There’s an easy knock against the space dreams of Jeff Bezos and his rocket company, Blue Origin: In its 24th year of existence, the company has yet to launch a single thing to orbit.Blue Origin’s accomplishments to date are modest — a small vehicle known as New Shepard that takes space tourists and experiments on brief suborbital jaunts. By contrast, SpaceX, the rocket company started by the other high-profile space billionaire, Elon Musk, today dominates the launch market.On Wednesday, Blue Origin hopes to change the narrative, holding a coming-out party of sorts for its new big rocket.In the morning, at…