Business & Education

An indicted New York congressman who had announced he was withdrawing from his race has reversed course and now says he will continue to campaign for re-election and plans to serve again if he wins this November.

In a campaign statement announcing the decision Wednesday, U.S. Rep. Chris Collins, R-N.Y. said, "The stakes are too high to allow the radical left to take control of this seat in Congress."

Today, an interview with Berkeley Economist Ulrike Malmendier, who has done pioneering work on the psychological effects of living through different economic events — and specifically the effect on our behavior and our willingness to take risk. Based on that work, what were the likely effects of the financial crisis, for us and for the economy?

Let's figure out how to end hunger forever. And do it fast.

That's the lofty goal of the World Food Programme's Innovation Accelerator, a 2-year-old venture inspired by the startup scene. It's gathering an arsenal of ideas to fight hunger — both by brainstorming internally and supporting outside entrepreneurs — to test out in the real world as quickly as possible.

Tesla said on Tuesday it was complying with a Justice Department request for documents, in connection with Chief Executive Elon Musk's announcement that he was taking the publicly traded company private.

Updated at 8:15 p.m. ET on Wednesday

Facebook became embroiled in another controversy Tuesday, after the American Civil Liberties Union accused the company of giving employers a powerful tool to discriminate against women seeking work.

There are now more job openings than unemployed people. The number of small-business owners that have job openings that they cannot fill is rising. The share of workers quitting their jobs each month is the highest in seventeen years. And of people who went from not having a job to getting a job in the past year, more than seven in ten were not even looking for a job the month before they got one — also a record high.

And that is good news for everyone involved.

1) The number of job openings has surpassed the number of unemployed people:

The attorney general of New York has reached an agreement with WeWork to eliminate or modify noncompete clauses from most of its employment contracts, which restricted workers' ability to find new jobs.

Noncompete agreements generally have been standard for executives and in high-tech, where companies are trying to protect intellectual property or trade secrets from being transferred to rivals.

Updated at 11:01 a.m. ET

Hours after President Trump announced tariffs on $200 billion in Chinese goods, China responded with its own levies on $60 billion worth of U.S. products.

Chinese state television on Tuesday reported that the government has decided to impose tariffs of 5 percent to 10 percent on $60 billion worth of U.S. products, starting on Monday. The tariffs will apply to 5,207 items.

Updated at 6:43 p.m. ET

President Trump announced Monday that he is ordering 10 percent tariffs on $200 billion worth of imports from China.

Trump also threatened to add tariffs on about $267 billion of additional imports if China retaliates against U.S. farmers or other industries.

It's the latest round of an escalating trade dispute between the two countries.

They were, once upon a time, a fixture in circus tents and at birthday parties, but today demand for clowns is down. Fewer people are interested in becoming clowns. Membership in the biggest clown associations has fallen.

Part of the problem is with the image of clowns projected in movies, cartoons, and books: instead of being fun, they're weird, or creepy, or downright menacing.

Faced with that kind of portrayal, clowns are looking for ways to counter this decades-long narrative. Stacey and Cardiff speak to one of them.

Meredith Corp. said Sunday it has reached a "definitive agreement" to sell Time magazine to Salesforce founder and tech billionaire Marc Benioff and his wife Lynne Benioff for $190 million.

The deal, first reported by The Wall Street Journal, comes almost eight months after Meredith finalized its purchase of Time Inc.

Forget the fake Rolex watches sold on street corners. These days, most counterfeits are sold over the Internet, right into your home. And some of them could seriously hurt you.

Take bicycle helmets. If you don't use one, you probably have a child or relative who does. Bike helmets are meant to protect us if we ever have a serious fall.