Kevin Hassett Reportedly Becomes Front-Runner for Fed Chair
Kevin Hassett, a top White House economic adviser, is said to become the front-runner to lead the Federal Reserve, raising questions about its independence.
As Prices Pinch, Bessent Looks for Ways to Mollify Wary Consumers
Treasury Secretary Scott Bessent has offered a variety of creative justifications for President Trump’s import duties.
Huge Fire Engulfs Apartment Buildings in Hong Kong
Firefighters tried to douse the blaze at an apartment complex in the city’s northern Tai Po district, which killed at least four people.
A Major Moment for the British Economy: What to Watch in the U.K. Budget
Rachel Reeves, the top economic official in an increasingly unpopular government, will appear in Parliament to present tax and spending plans.
Retail Earnings Show Shoppers’ Resilience, but Some Stores Struggle
Companies said they managed tariff pressures in the latest quarter as consumers focused on discounts and high quality.
Disney’s ‘Zootopia 2’ Will Be a Test for Jared Bush
Jared Bush is trying to make the heart of the media empire beat more consistently. “Zootopia 2” will be a test.
Donors to Trump’s Transition Revealed a Year Later
A 46-person list includes billionaires and people he went on to appoint to positions of power.
U.S. Announces Negotiated Prices for 15 Drugs Under Medicare
The Trump administration said that had the new prices been in effect last year, Medicare would have saved $12 billion, which would have reduced its spending on those drugs by 44 percent.
Market Volatility Underscores Epic Buildup of Global Risk
Some experts see a dangerous combination of factors reminiscent of practices that led to previous financial crises.
Binance Is Sued by Oct. 7 Victims’ Families, Accused of Aiding Terrorism
A lawsuit claims the cryptocurrency exchange turned a blind eye as $1 billion used to finance the Oct. 7 attacks in Israel and other acts moved through its network.
China and Japan, With Trump in the Middle, Are in a Showdown
With Japan’s new leader refusing to back down from China’s show of force and claims on Taiwan, Xi Jinping picks up the phone to try to pry the U.S.-Japan alliance apart.
How Much Will Thanksgiving Dinner Cost? It Depends on Whom You Ask.
As Americans become increasingly concerned about affordability, there’s scrutiny on the annual meal.
The Fed and Big Tech Re-Raise Investors’ Spirits
Markets appear to be hoping again that the central bank will cut rates next month, and that the artificial intelligence boom has room to run.