Bessent Stakes Credibility and Taxpayer Money on Argentina Bet
Treasury Secretary Scott Bessent’s multibillion-dollar bailout of a serial defaulter raises the specter of losses for the United States.
Investors Shudder at Signs of Loan Trouble in Banks
After months of roaring share prices, stock investors were rattled this week by reports of souring debts on bank balance sheets.
The Government Is Shut Down. But Not for Fossil Fuels.
Federal workers who issue permits for oil, gas and mining operations are on the job, along with those working to repeal pollution limits.
Unions Return to Court as Trump Eyes Additional Cuts During Shutdown
Unions representing federal workers told a judge they believed the administration might violate a temporary ban on layoffs during the shutdown.
OpenAI Blocks Videos of Martin Luther King Jr. After Racist Depictions
People have used its Sora video app to create vulgar and sometimes racist depictions of the civil rights leader.
Want to Know What You’ll Pay for College? There’s a Fast New Calculator for That.
Nearly two dozen private colleges are offering an online tool that factors in need-based grants and scholarships to estimate students’ actual costs.
The Growing Blowback Against Marc Benioff
New revelations about efforts by his company, Salesforce, to work with the Trump administration is getting heat from San Francisco officials and now allies.
Indiana University Fires Adviser to Student Newspaper and Bars Print Publication
The administration at Indiana University Bloomington fired the adviser to the paper and barred the publication from putting out a print edition.
For 3 Years, the Bull Market Defied Inflation, Tariffs and Gravity
Born during the Biden administration, the market’s bull run almost ended in April, but stocks got a second wind with the artificial intelligence boom.
Apple, Caught Between U.S. and China, Pledges Investment in Both
In Beijing this week, the company’s chief executive, Tim Cook, made promises similar to ones he’d made at the White House. He also got a custom Labubu.
Trump Refiles $15 Billion Lawsuit Against The New York Times
A federal judge had previously dismissed the complaint as unnecessarily lengthy and digressive. The president claims that The Times sought to defame him during the 2024 election.
Smartmatic Added to Bribery Indictment of the Company’s Executives
Federal prosecutors filed charges last year alleging a scheme to obtain contracts from the Philippine elections commission.
Trump Moves to Pay Some ICE and TSA Agents During Shutdown
The moves marked President Trump’s latest effort to pay some federal workers even though Congress has not approved a spending deal.
Susan Stamberg, Longtime Mainstay of NPR, Dies at 87
In 1972 she became the first woman to anchor a national evening news broadcast. She retired this summer after 50 years on the air.
Brash Investor in Global Soccer Clubs Is Charged With Fraud
Josh Wander, a Miami businessman, drew scrutiny after buying soccer teams on three continents through 777 Partners, which collapsed after facing spiraling accusations of wrongdoing.
Hacked Airport P.A. Systems Broadcast Anti-Trump and Pro-Hamas Messages
The hacks at four North American airports raised fresh concerns over the security of noncritical but highly visible airport infrastructure. The airports said the disruption was minimal.
Delta and United Bet Big on Wealthy Travelers. It’s Paying Off.
Delta Air Lines and United Airlines have accounted for most of the industry’s profits since 2022. Their appeal to wealthy travelers could become a liability if the economy weakens.
Are You a Young Employee Asked to Spend More Time in the Office?
Please tell us how stricter return-to-office mandates are affecting your work life and home life.
Trump’s New Tariff on Trucks Could Burden an Already Struggling Industry
A 25 percent levy on heavy-duty trucks and parts is set to take effect next month. Companies have few details on the policy.
Nestlé to Slash 16,000 Jobs in Cost-Cutting Push
The company’s new chief executive, Philipp Navratil, announced the reductions as part of a plan to turn around the world’s largest food company.