The euro soared against the dollar on Wednesday after the Federal Reserve kept interest rates unchanged and signaled it would take its time raising rates. The common currency hit a 2 1/2 year high against the greenback following the decision as traders increased their bets that economic growth and borrowing …

Photo Yung Jake, a Los Angeles creator whose real name is Jake Patterson, developed a show of three-dimensional “Emoji Portraits” that opened this week at the Tripoli Gallery in Southampton, N.Y. Credit Andi Elloway for The New York Times They flow ceaselessly through the text panels on our smartphones, these …

Noah Berger | Bloomberg | Getty Images An employee works on a Telsa Motors Model S sedan as it makes its way along an assembly line at company’s assembly plant in Fremont, California. UBS now expects a wider loss for Tesla’s second quarter, citing the company’s recent decline in quarterly …

The CBOE Volatility Index (.VIX), widely considered the best gauge of fear in the market, fell Wednesday to its lowest on record. At 2:01 p.m., the VIX dropped below 9, hitting a low of 8.84, below the low of 8.89 from Dec 27, 1993. The VIX then popped back up …

Photo Members of the Young People’s Chorus of New York City singing in the aisles of David Geffen Hall for the opening night of Lincoln Center’s Mostly Mozart festival. Credit Michelle V. Agins/The New York Times Give the Mostly Mozart festival credit for trying something different to open its 2017 …

Whole Foods Market posted third-quarter earnings on Wednesday that beat analyst expectations. EPS: 36 cents adjusted vs. 33 cents expected, according to Thomson Reuters Revenue: $3.725 billion vs. $3.72 billion expected, according to Thomson Reuters U.S. same-store sales: down 1.9 percent vs. down 2.2 percent expected, according to StreetAccount Whole …

Alexandros Avramidis | Reuters Alexander Vinnik, a 38 year old Russian man (L) suspected of running a money laundering operation, is escorted by a plain-clothes police officer to a court in Thessaloniki, Greece July 26, 2017. A Russian national arrested in Greece on Wednesday on suspicion of laundering criminal funds …

Photo The drummer Nate Smith and his band will be playing at Jazz Standard. Credit Peter Van Breukelen/Redferns, via Getty Images We don’t talk a lot about percussion having a flavor. But on the drummer Nate Smith’s “Kinfolk: Postcards From Everywhere,” released this spring, all sorts of sounds participate in …

Aaron P. Bernstein | Reuters Senate Majority Leader Mitch McConnell, accompanied by Senator John Cornyn (R-TX) and Senator John Barrasso (R-WY), speaks with reporters following the successful vote to open debate on a health care bill on Capitol Hill in Washington, July 25, 2017. Now that the Senate has fallen …

Beware, Alaskans: They’re coming for your guns. Everyone takes precautions to guard their property, whether by locking doors, hiding wallets from plain view or setting passcodes on phones. But a new analysis of FBI crime data shows that Americans might want to reprioritize the items they protect based on the …