Should You Donate to Charity This Year or Wait? It Depends.
Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize.
Businesses Are Cashing In on Trump’s Tax Cuts
Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it.
Cooling Labor Market and Elevated Inflation Stoke Fed Divisions on Rate Cuts
Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point.
Questions About Larry Ellison’s Financing Pledge for Paramount’s Bid for Warner Bros.
The Oracle co-founder has pledged billions to finance Paramount’s takeover bid for Warner Bros. Discovery — which has questions about his commitment.
Historic Shift Underway in China’s Economy as Investment Slump Deepens
Investment in manufacturing, infrastructure and property is expected to fall this year, a remarkable turn for an economy whose growth reshaped the world.
Paramount Says Money Is No Object. Warner Bros. Isn’t Convinced.
Larry Ellison is backstopping Paramount’s bid for Warner Brothers, but Warner Brothers is concerned that the billionaire has not provided a personal guarantee to pay.
Tech Support Scammers Stole $85,000 From Him. His Bank Refused a Refund.
A retired lawyer lost the money in a tech support scam, a type of online fraud that is surging. Citibank said it couldn’t recover the funds, which criminals wired from inside his account.
The Fine Art of Managing Christie’s
As more people tune in for the “theater” of high-end auctions, Bonnie Brennan is trying to convert them into clients.
Harold Hamm, Oklahoma Oil Tycoon, Allies With Trump to Reshape U.S. Energy
Harold Hamm, an Oklahoma oil tycoon, has played a central role in reshaping energy policy by allying himself with President Trump.
Fleece, Love and Vomit: New Yorkers’ Best (and Worst) SantaCon Stories
The bar crawl and charity fund-raiser has been eliciting strong reactions in the city for more than 25 years. Readers shared theirs.
China Is Getting Much of What It Wants From the U.S., Including Chips
For China, President Trump’s moves to loosen chip controls, soften U.S. rhetoric and stay silent on tensions with Japan amount to a rare string of strategic gains.
Arkansas Public Television Drops PBS
The loss of federal funding forced a difficult decision, the executive director of Arkansas TV said: Cut PBS, or go off the air entirely.
Calvin McDonald, Lululemon CEO, Will Depart Yoga Clothing Maker in January
The maker of yoga clothing is looking for a new leader after public pressure from the company’s founder.
Do Kwon, Crypto Entrepreneur Who Caused 2022 Crash, Sentenced to 15 Years
Do Kwon, who designed the virtual currencies Luna and TerraUSD, which plunged in 2022, had pleaded guilty to fraud.
Thomas O. Hicks, Texas Money Man Who Owned 3 Teams, Dies at 79
A master of leveraged buyouts, he bought baseball and hockey teams in Texas and an English soccer club, only to lose them in an avalanche of debt.
S&P 500 Reaches Record High as Stocks Reverse Downturn
The S&P 500 edged higher as investors shrugged off concerns over Oracle’s earnings. It was just enough.
Bessent Accelerates Regulation Overhaul to Jumpstart Growth
The Treasury Secretary unveiled changes to the Financial Stability Oversight Council to ease “overregulation.”
New Eli Lilly Drug Retatrutide Brought Major Weight Loss in Trial
The maker of Zepbound reported results from a study of retatrutide, which targets three hormones in the body and led to much more weight loss than any approved drug.
Hollywood Director Is Convicted in $11 Million Scheme to Defraud Netflix
Carl Erik Rinsch secured funding from the streaming company for a science-fiction series, “Conquest,” that was never completed.
This Isn’t the First Time the Fed Has Struggled for Independence
The Trump administration is threatening the Fed’s autonomy, which the central bank regained with the Treasury-Fed accord in 1951.