Japan Raises Rates to 31-Year High to Ward Off War Inflation
Going against Prime Minister Takaichi’s wishes, Japan’s central bank acted amid U.S. pressure, a tanking currency and inflation from energy disruptions.
China’s Spending Slowdown Deepens as Households Tighten Their Belts
The unexpected decline in retail sales underscored China’s growing reliance on exports to sustain economic growth as domestic demand continues to falter.
How Kratom, an Addictive Gas Station Drug, Found Allies in Trump’s Cabinet
With support from Markwayne Mullin and Robert F. Kennedy Jr., the kratom industry is pursuing a potentially lucrative policy. Mr. Mullin owns equity in a company that could benefit.
Will SpaceX Fortunes Trickle Down to This Texas Town?
Elon Musk built a huge complex outside the city of Bastrop, population 14,000. Its residents now wonder what the historic SpaceX initial public offering might mean for them.
Fox to Acquire Roku, Joining the Battle for the Living Room
The $22 billion deal is one of the biggest moves yet by Lachlan Murdoch, who took over for his father as chairman of Fox in 2023.
Deal to Reopen Hormuz Kicks Off Long Effort to Ease Energy Crisis
The pace of the recovery will depend on how confident companies are that the deal between the United States and Iran will hold and be extended.
Cautious of U.S.-Iran Deal, Shipping Firms Await Strait to Reopen
Shipowners welcomed the agreement to reopen the Strait of Hormuz, but said they would need more security guarantees before resuming transits.
Taking on Neo-Nazis, One Trademark at a Time
In Germany, a campaign called Rights Against the Right is securing trademarks for right-wing symbols and phrases, aiming to cut into a revenue stream that sustains hate groups.
SpaceX’s Stock Rises on First Full Day of Trading
After notching big gains on its debut on Friday, the company’s shares jumped again on Monday.
China Moves the Price of Oil, Even When It Buys Less
China is the world’s largest purchaser of oil. But three months after the war with Iran began, it cut its imports, cushioning the global market.
Global Markets Rally on Iran Peace Hopes
A framework agreement could be signed later this week, but details are scarce. Still, investors are cheering the potential breakthrough.
What to Know About Planned Social Media Bans in Australia, the U.K. and Beyond
Britain said it would ban social media access for children under 16 starting in 2027, joining several other countries introducing similar measures.
UK Announces Social Media Ban for Children Under 16
Prime Minister Keir Starmer said his government planned to bar children under 16 from social media, following policies in Australia and elsewhere.
To Toast America’s Birthday, They Blended Bourbon From Every State
United States of Bourbon, the result of a Vermont couple’s many road trips, is just one of several special whiskeys marking the 250th.
Hormuz Reopening Would Offer Relief for Asia, but Economic Scars Will Remain
For months, Asia has suffered a physical supply crunch that will likely drag on its economies long after the crucial waterway reopens.
Oil Prices Tumble After Trump Announces Deal With Iran
Oil prices fell and stocks gained on Sunday evening on the hope that a deal would allow more energy and other goods to flow through the Strait of Hormuz.
Jean Ziegler, Swiss Gadfly Who Provoked His Countrymen, Dies at 92
In a nation that sees itself as a tranquil oasis of prosperity and business virtue, he drew death threats for pointing out a dark underside.
‘Disclosure Day’ Ends Spielberg’s Summer Box Office Drought
Steven Spielberg’s original science-fiction movie collected an estimated $44 million in North America, giving the director his first new-to-the-screen summer hit in 24 years.
Merger Cleared, David Ellison to Join Trump at U.F.C. Bouts
A U.F.C. fight on President Trump’s birthday will now double as a capstone for Paramount’s successful effort to secure Justice Department approval for a mega media merger.
The G7 Summit Is Dogged by Chaos and Divided by Trump
Group of 7 meetings once embodied the effort to sustain the global diplomatic order. This year’s gathering, starting on Monday, symbolizes its fragmentation.