The Luxury Electric Vehicle Is in Trouble
Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles.
A BlackRock-Backed Roofing Conglomerate Goes Bust
Investment firms are buying and bundling contractors, leaving some workers and customers worse off.
Man Accused of Running Southeast Asia Scam Compound Is Extradited to China
China and the United States say She Zhijiang, a Chinese-born businessman, ran a major scam compound in Myanmar. He was arrested in Bangkok in 2022.
Michael Wolff, Chronicler of Elites, Provided Epstein With Advice on Trump
Mr. Wolff was enough of an insider to provide advice to Jeffrey Epstein on how to handle his dealings with Donald J. Trump.
Trump Administration to Drastically Cut Housing Grants
In a major shift, HUD’s plan would direct most of the $3.5 billion in homelessness funds away from Housing First to programs that prioritize work and drug treatment.
After Trump Split, Epstein Said He Could ‘Take Him Down’
Jeffrey Epstein cast himself as a Trump insider and wanted to leverage potentially damaging information about the president and his business dealings, according to emails with associates.
Russian Humanoid Robot Falls on Its Face in Hyped Debut
The robot, known as AIDOL, staggered onstage during a technology showcase in Moscow. Organizers blamed the mishap on calibration and lighting issues.
A Company Sold Investors $1 Billion in Art. Did it Paint Too Rosy a Picture?
Masterworks offers average investors a chance to buy individual shares in paintings often only owned by the rich, but critics say its marketing can overstate the upside of investing in its art.
As Consumer Bureau’s Cash Dwindles, Trump Administration Declares Its Funding Illegal
The Justice Department embraced a novel conservative legal theory that it said blocked the Federal Reserve from funding the agency.
Massachusetts Offered a Solution to Housing Shortages. Is It Working?
The Affordable Housing Act designated Cape Cod, Martha’s Vineyard, the Berkshires and other resort towns as “seasonal communities,” making it easier to build homes there for workers.
U.S. Mint Presses Final Penny After More Than 200 Years
A long decline into irrelevance ended on Wednesday in Philadelphia.
By Not Funding Food Stamps, Trump Risks Lasting Damage to Safety Net
For the poorest Americans, the expected end to the longest shutdown in history has left doubt and anxiety around the benefits known as SNAP.
Atlanta Fed President to Step Down in February
The departure of Raphael W. Bostic, who has served in the role since 2017, would create a new vacancy at the central bank.
Solvay of Belgium Creates Rare Earths Deals With U.S.
The contracts are the latest sign of how Europe is lagging the United States in the race to break China’s chokehold on rare earths.
Kim Kardashian’s Skims Is Worth an Extra Billion Dollars
The apparel giant is now valued at $5 billion after a new fund-raising round, as it continues to grow its business.
Missing at U.N.’s Climate Meeting: American Executives
Many business leaders are skipping the annual United Nations climate summit in Belém, Brazil, or are attending events in other cities.
Who Pays When A.I. Is Wrong?
New court cases seek to define content created by artificial intelligence as defamatory — a novel concept that has captivated some legal experts.
How Unemployment Can Take a Toll on Our Mental Health
The emotional impact of unemployment can be profound, experts say — but speaking up about it and building a support system can help.
The I.R.S. Tried to Stop This Tax Dodge. Scott Bessent Used It Anyway.
Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the others, he’s now overseeing the I.R.S.
How a New Bridge Partly Collapsed in China’s Southwest
A section of the tall bridge in mountainous Sichuan Province fell, apparently after a landslide. No casualties were reported.