Trump Says America Is in ‘Golden Age,’ Straining to Address Affordability
Speaking at a gathering of McDonald’s franchise owners and operators, the president boasted that he had “normalized” inflation.
The Growing Cost of Keeping Close Ties with Jeffrey Epstein
Larry Summers, a former Treasury secretary, is stepping back from public commitments. It’s the latest fallout for an associate of Jeffrey Epstein.
Paramount, Comcast and Netflix Prepare Bids for Warner Bros. Discovery
Paramount, Comcast and Netflix are preparing bids to buy all or part of Warner Bros. Discovery, a crown jewel of the industry.
A City Is Broke. Can a Billionaire’s Urbanist Dream Offer It a Last Chance?
Suisun City has tried to revive its fortunes for years. The latest idea: Annex land for California Forever, a tech-billionaire-funded new city plan north of San Francisco.
Poor Countries Got $1 Trillion From China. So Did Rich Ones.
Beijing has used loans to developing nations to expand its influence, but a new study says no country has received more Chinese financing than the United States.
After Climate Push, Energy Companies Return to Fossil Fuels in Europe
Recent oil and gas deals in Europe suggest that the growing demand for energy may be leading companies to adopt a more pragmatic approach.
The Fed Is Cutting Bank Oversight. Critics See Risks.
The regulator is cutting staff and easing oversight in ways that critics say might make supervisors less equipped to spot a crisis in advance, risking deeper damage to the economy.
Trump Project in Maldives Opens More Doors for Cryptocurrency Investors
The Trump Organization and its Middle East development partner have announced a project in the Maldives that marries two of the family’s most successful moneymaking enterprises.
As Struggling Farmers Take On Debt, a Bailout From D.C. May Come Too Late
It could be months before they receive aid, well after the winter period when they talk to their bankers and make decisions about the planting ahead.
High Beef Prices? Trump Official Blames Biden and Migrants.
Treasury Secretary Scott Bessent said migrants were bringing sick cows across the border, snarling beef supply chains.
Jeff Bezos’ Big Bet on A.I. Is Project Prometheus
The Amazon founder is tapping his fortune to help fund Project Prometheus, an artificial intelligence start-up, even as he has said A.I. may be in a bubble.
These Six Artworks Could Predict the Auction Market
The art market had a summer of closures and consolidations. But major collections, blue-chip art and guarantees have pushed expectations high for the marquee sales.
Europe Begins Rethinking Its Crackdown on Big Tech
European policymakers are crafting changes to scale back and simplify landmark rules for A.I. and data privacy, in a shift from an aggressive regulatory period.
Hydropower Is Getting Less Reliable as the World Needs More Energy
Demand for power is growing fast, but hydro plants, the oldest source of clean energy, are struggling because of droughts, floods and other extreme weather linked to climate change.
How to Not Get Kidnapped for Your Bitcoin
Escaping zipties, hiring bodyguards and other practical lessons in self-defense for crypto traders, after a series of gruesome crimes spooked the community.
The Crypto Industry’s $28 Billion in ‘Dirty Money’
As President Trump has championed crypto and the industry has gone mainstream, funds from scammers and other criminal groups have flowed onto major crypto exchanges.
Trump Tariffs Push Japan’s Economy Into Contraction
The Japanese economy shrank by 1.8 percent compared to the same quarter last year, as U.S. tariffs dampened automobile exports and prompted a bleak outlook for growth.
Matthew Belloni Is Yelling ‘Iceberg!’ on the Hollywood Titanic
Matthew Belloni has grabbed the movie industry’s attention by saying they’re about to sink.
Pasta at Twice the Price? Some Italian Producers Face Huge U.S. Tariffs.
More than a dozen Italian pasta makers, accused of dumping their product in the United States, face tariffs of over 100 percent.
They Got Low Mortgage Rates During the Pandemic. Now They Can’t Move.
Many Americans bought their first houses when mortgage rates dipped to record lows. Some are ready to move but feel locked in by their low rates.