For Maine Lobstermen, a Perfect Storm Threatens the Summer Season

OFF THE COAST OF MAINE — As he pulled alongside one of his lobster pots, marked by a red and yellow buoy on the Penobscot Bay, Mike Hutchings extracted and measured several of the crustaceans that would contribute to his 130-pound catch that day. It was a decent haul but his assessment of the fishing season was grim: “The worst …

Essence Names Interim Chief After Claim of ‘Abusive Work Culture’

Long a touchstone of Black culture, Essence celebrated its 50th anniversary with its May issue, which featured the model Naomi Campbell on the cover. The magazine has a circulation of more than one million and its website attracts nearly seven million unique visitors each month. The company also runs the annual Essence Festival in New Orleans, a celebration of Black …

Congress Extends Small-Business Loan Program for 5 Weeks

WASHINGTON — The House agreed on Wednesday to extend for five weeks a popular pandemic relief loan program for small businesses, sending President Trump legislation to give companies more time to apply for federal help under an initiative created by the stimulus law. The move to extend the Paycheck Protection Program through Aug. 8, which allows small businesses to secure …

Hong Kong Security Law Sends a Chill Over the City

HONG KONG — A museum that commemorates the 1989 Tiananmen Square massacre is rushing to digitize its archives, afraid its artifacts could be seized. Booksellers are nervously eyeing customers, worried they could be government spies. Writers have asked a news site to delete more than 100 articles, anxious that old posts could be used against them. And on Wednesday, the …

A Truce, Not a Peace Treaty: A Global Economic Body Warns of Risks

WASHINGTON — Markets have become too complacent as risks from the coronavirus pandemic threaten global prosperity, the Bank for International Settlements warned in its annual report. “The success of central banks in calming markets and shoring up confidence has even helped spark some market exuberance,” the global group, which supports the world’s central banks, said in the Tuesday release. In …

Economic Effects Of The Pandemic On 9 People, Explained

Ben Kothe / BuzzFeed News; Getty Images The economic devastation wrought by the pandemic continues, even amid recent signs of a modest economic uptick. As my former colleague Tom Gara notes, since April the United States has actually seen a large increase in household income and savings as an unprecedented number of people are receiving stimulus and unemployment benefits from …

Stock Markets Whipsaw as Investors Watch Outbreaks

Wall Street set for a turbulent day as European markets seesaw. U.S. stock futures wavered on Monday amid worries about the persistence of the coronavirus pandemic. Futures markets were higher, signaling a slight rebound at the start to trading on Wall Street. Markets in Europe were modestly higher in late-morning trading, rebounding from a jagged decline earlier in the day. …

Marty Baron Made The Post Great Again. Now, the News Is Changing.

Ms. Coratti said that Mr. Baron was not “upset” but did “advise that we should be careful not to be seen as celebrating or championing recreational use of drugs.” So the dispute seems to be less about journalistic principle than about whether you like edibles. Even those who are frustrated by Mr. Baron’s strong-willed style of management speak with reverence …