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Fed Holds Rates Steady, but Sees Higher Inflation and Lower Growth Ahead
Officials at the Federal Reserve left interest rates unchanged, as they brace for the effects of President Trump’s policies on trade, taxes and immig…
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Regulators Approve Lenacapavir for H.I.V. Prevention
The drug could change the course of the AIDS epidemic. But the Trump administration has gutted the programs that might have paid for it in low-income…
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House Policy Bill Would Add $3.4 Trillion to Debt, Swamping Economic Gains
The updated findings from the Congressional Budget Office amounted to the latest dour report card for the president’s signature legislation. from N…
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Supreme Court Justices Disclose International Travel and Book Deals
Annual financial disclosures revealed some of the perks of being on the Supreme Court, including international teaching and book sales. from NYT &g…
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Companies Ask Supreme Court to Fast-Track Challenge to Tariffs
Two toy manufacturers asked the court to greatly expedite their case, in an unusual request. from NYT > Business https://ift.tt/OqFgZKa
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22 New Jobs A.I. Could Give You
In a few key areas, humans will be more essential than ever. from NYT > Business https://ift.tt/Ja4oXyq
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China Is Unleashing a New Export Shock on the World
As President Trump’s tariffs close off the U.S. market, Chinese goods are flooding countries from Southeast Asia to Europe to Latin America. from N…
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MyPillow Founder Mike Lindell Defamed Former Dominion Executive, Jury Finds
He was ordered to pay $2.3 million in damages to Eric Coomer, a former employee of Dominion Voting Systems. from NYT > Business https://ift.tt/P…
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Oil Prices Climb Further After Israel Strikes Iran’s Energy Assets
U.S. oil prices already jumped last week, which could cause prices at the pump to rise about 20 cents a gallon in the coming weeks, according to one …
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Leonard A. Lauder, Philanthropist and Cosmetics Heir, Dies at 92
He was best known for his success in business, notably the international beauty company he built with his mother, Estée Lauder. But he was also an in…
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Gasoline Prices Likely to Rise as Israel Targets Iran’s Energy Infrastructure
U.S. oil prices already jumped last week, which could cause prices at the pump to rise about 20 cents a gallon in the coming weeks, according to one …
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‘Golden Share’ in U.S. Steel Gives Trump Extraordinary Control
Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other d…
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Local Malls Are Sitting Empty, and Becoming a Headache for Small Towns
An empty shell for years, the mall in Lanesborough, Mass., shows how difficult it is to redevelop malls in smaller towns. from NYT > Business ht…
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Fox News Hosts Gushed Over the Parade, With No Protests in Sight
Cable networks covered President Trump’s Army parade on a busy day of protests, a political assassination and Middle East strikes. ABC, CBS and NBC a…
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Trump’s Military Parade Is Designed for TV, but It Won’t Be on Every Channel
A minor-league football championship game will air on ABC. Fox News, CNN and C-SPAN will carry the four-hour festivities live. from NYT > Busine…
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Iran’s Vital Oil Industry Is Vulnerable in an Escalating Conflict
The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk. from NYT > Business ht…
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Air India’s New Owners Were Trying to Revamp Carrier Before Crash
Management installed by the Tata Group had spent three years struggling to undo a reputation for shoddy operations earned during decades of state own…
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Trump Was Already a Crypto Czar in 2024
Financial disclosures for 2024 filed by the president on Friday show that digital coins had already become one of his family’s most successful ventur…
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U.S. Steel and Nippon Steel Say Their ‘Partnership’ Is Sealed
The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns. from NYT > Business …
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What’s the Deal? Nippon’s Bid for U.S. Steel Becomes Merger Mystery.
President Trump’s foray into the takeover could reshape the future of foreign investment in the United States. from NYT > Business https://ift.t…
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Do Californians Really Pay Trump’s Bills?
The rising tension between President Trump and Gov. Gavin Newsom is reviving questions about who pays into — and who takes from — the federal governm…
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G.O.P. Senators Want Fewer Cuts to Food Aid, Teeing Up a Fight with the House
Republicans whose constituents rely on nutritional assistance worry that cuts to those programs approved by the House will saddle their states with h…
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Trump’s Pick to Lead the F.A.A. Faces Senate Grilling
The confirmation hearing for Bryan Bedford, a commercial airline executive, comes as the agency confronts critical staffing shortages and questions a…
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The House’s Policy Bill Would Lose Money. Could Trump’s Tariffs Replace It?
The short answer is probably not, according to multiple forecasters. from NYT > Business https://ift.tt/u2M7ifI
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Barbara Holdridge, Whose Record Label Foretold Audiobooks, Dies at 95
Beginning with a reading by Dylan Thomas, she and a friend found unlikely commercial success in the 1950s with recordings of famous writers reciting …
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Who Will Replace Elon Musk as the Leader of DOGE?
Joe Gebbia, a close friend of Mr. Musk’s, is expected to be a part of a small council of advisers that will oversee the Department of Government Effi…
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This Year’s Pride Festivals Are Brought to You by Small Businesses
With corporate sponsors retreating, smaller companies are helping to fill the gaps, not only to support L.G.B.T.Q. people but also their local econom…
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How to Find the Best Travel Bargains
The key is to adopt an “off-travel” mind-set and use off-season, off-peak, off-road and other offbeat strategies. from NYT > Business https://if…
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Disney Takes Full Control of Hulu for Billions Less Than Comcast Wanted
Disney said it had agreed to add $439 million to what it had already paid for the streaming service. Comcast had wanted $5 billion more. from NYT &…
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Democrats Hate Trump’s Policy Bill, but Love Some of Its Tax Cuts
There’s an undercurrent of Democratic support for elements of President Trump’s tax agenda, a dynamic that Republicans are trying to exploit as they …
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U.S. and China to Meet at Precarious Moment in Trade War
Officials from both sides are set to talk on Monday in London, aiming to resolve differences over tariffs and supply chains that have endangered a fr…
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Trump’s Feud With Musk Highlights His View of Government Power: It’s Personal
President Trump threatened to cut off Elon Musk’s federal contracts, showing that he looks at the government as his own means of penalizing those who…
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ABC News Suspends Terry Moran After He Calls Trump a ‘World-Class Hater’
In a late-night post on social media, Mr. Moran also derided Stephen Miller, a top presidential aide, and drew a rebuke from Vice President JD Vance.…
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Gas Stations Like Wawa and Sheetz Keep Expanding, Spurred By EVs
As gas stations prepare for more electric vehicles to be on the road, they’re getting bigger. That has created tension in some communities. from NY…
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Bill Atkinson, Who Made Computers Easier to Use, Is Dead at 74
A designer for Apple, he created software that made it possible to display shapes, images and text on the screen and present a simulated “desktop.” …
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BowFlex Recalls 3.8 Million Adjustable Dumbbells After Injury Reports
More than 300 reports of the weight plates becoming dislodged have been filed, with more than 100 of those incidents resulting in injuries, the U.S. …
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Jillian Sackler, Philanthropist Who Defended Husband’s Legacy, Dies at 84
Though the Sackler name was tarnished over Purdue Pharma’s role in the opioid crisis, Arthur Sackler’s should not be, she insisted; a company founder…
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Trump Has Options to Punish Musk Even if His Federal Contracts Continue
The president could tighten federal oversight of the tech titan’s businesses, even if heavy reliance by the Pentagon and NASA on them makes terminati…
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Buyer With Ties to Chinese Communist Party Got V.I.P. Treatment at Trump Crypto Dinner
The warm welcome for a technology executive whose purchases of the president’s digital coin won him a White House tour illustrates inconsistencies in…
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Tax Credit Increase Would Exclude Millions of Low-Income Children, Study Finds
The domestic policy bill passed by the House raises the maximum child tax credit to $2,500. But about a third of children would not receive the full …
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A Party Celebrates the Opening of David Kuhn’s Chez Nous Restaurant
David Kuhn, a book agent and former magazine editor, opened Chez Nous as an extension of a life spent curating reality. from NYT > Business http…
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Marina von Neumann Whitman Dead: International Trade Expert Was 90
She was the first woman to serve on the White House Council of Economic Advisers. At General Motors, she became one of the highest-ranking women in c…
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Here’s the latest.
The open acrimony between the two men comes after the billionaire denounced President Trump’s signature domestic policy bill as an “abomination.” f…
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Cargo Ship Carrying Electric Vehicles Burns Off Alaska
The U.S. Coast Guard said it would allow the fire to burn because the cars’ lithium-ion batteries could explode. The ship’s crew escaped on a lifeboa…
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U.S. Is Trimming Back Its Collection of Consumer Price Data
The cutbacks would have “minimal impact,” the government said, but economists warned of reduced confidence in inflation data produced by a struggling…
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How Higher Tariffs on Steel and Aluminum Will Affect Companies
Home builders, car manufacturers and can makers are among those that will see higher prices for materials. Those companies could charge customers mor…
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U.S.-China Trade War Morphs From Tariffs Into Fight Over Supply Chain
Instead of battling over tariffs, Washington and Beijing have turned to a potentially far more harmful strategy: flexing their control over global su…
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The Washington Post Plans an Influx of Outside Opinion Writers
A new program, known internally as Ripple, would open The Post to journalists at other publications and influential writers on Substack. from NYT &…
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TikTok Bans #SkinnyTok After European Regulators Raise Concerns
Officials in Europe worried that the app was glamorizing eating disorders. The ban is TikTok’s latest effort to counter criticism about its effect on…
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Trump’s Tariffs Expected to Drag Down the Global Economy
Economic growth will slow this year and next as the trade war hampers development in the United States and around the world, the Organization for Eco…
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How Low Will the Dollar Go?
Trade-war angst has put pressure on the greenback this year. Wall Street thinks it’s about to get worse. from NYT > Business https://ift.tt/QDJN…
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What We Can Learn About Xi’s Rule by Studying His Father’s Life
Xi Zhongxun was purged by the Communist Party he served and went on to help reform Chinese politics. His son is the most authoritarian leader since M…
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Are A.I. Data Centers a Sure Thing or the Next Real Estate Bubble?
Private equity firms like Blackstone are using their clients’ money to buy and build data centers to fuel the artificial intelligence boom. from NY…
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China Rejects Trump’s Accusation That It Violated Trade Truce
In response to President Trump’s claim, China said the United States was the one introducing a series of “discriminatory restrictive measures.” fro…
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U.S. Dependence on China for Rare Earth Magnets Is Causing Shortages
The United States allowed its rare earth metals industry to move to China and could now face severe economic disruption as China limits crucial suppl…
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Snack Maker Sues Aldi Grocery Chain Over Look-Alike Product Packaging
Mondelez International, a corporate giant behind the name-brand versions of many snacks, contends that Aldi is mimicking its packaging to dupe custom…
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Stanley Fischer, Who Helped Defuse Financial Crises, Dies at 81
He was the No. 2 at the Federal Reserve and the I.M.F. during periods of economic turmoil, and he mentored future economic leaders, like Ben Bernanke…
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How Chain Restaurants Like Chili’s Suddenly Became Cool Again
Many casual dining restaurants whose heydays were thought past are attracting younger customers charmed by memories of family meals and stability. …
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