Jerome Powell, a Potential Winner from the Trade Reprieve
The markets have come around to the Federal Reserve chairman’s cautious approach to lowering interest rates. President Trump could be a tougher convert.
Tariff Misery in Japan: Honda and Nissan Forecast Plunges in Profit
Distress is spreading in Japan’s auto sector, putting into question Tokyo’s approach to trade negotiations with the United States.
U.S. Could Lose $12.5 Billion In International Travel Spending This Year, Tourism Council Says
Border detentions and confusion over visas are deterring international visitors, according to the World Travel & Tourism Council, and the price tag for their hesitancy could be steep.
A Toxic Pit Could Be a Gold Mine for Rare-Earth Elements
Mining continues at the Continental Pit. Nearby is the Berkeley Pit, a site for acid mine drainage that poses an opportunity for extracting valuable metals.
There Are Two Chinas, and America Must Understand Both
The technological success that has captured the attention of many in the United States is one aspect of the Chinese economy. There’s another, gloomy one.
Germany Has a Long History of U.S. Investment. That May Be Changing.
German companies invest more than three times as much in the United States as American companies do in Germany, but they are starting to rethink that strategy.
With Guarantees Galore, Christie’s Has a Rocky Start to Auction Week
There was little excited bidding on the art collection of the Riggio family, who built their fortune on the Barnes & Noble bookstore chain — a caution flag for the art market.
Newark Airport Air Traffic Staffing Shortage Forces Delays
The delays are the latest problem to plague the airport, where radar and radio communications have recently malfunctioned.
Tariff Truce With China Demonstrates the Limits of Trump’s Aggression
President Trump’s triple-digit tariffs on Chinese products disrupted global trade — but haven’t appeared to result in major concessions from Beijing.
Elon Musk’s Boring Company Is in Talks With Government Over Amtrak Project
The Federal Railroad Administration has brought in the tunneling company to help with a multibillion-dollar rail project.
‘MAGA Accounts’ and No Tax on Tips: Republicans Plan to Inject Trump Into Tax Code
House Republicans on Monday outlined their plans for a far-reaching tax bill that would deliver on several of President Trump’s campaign pledges — for now.
Trump’s China Deal Frees Up Shipping. Will Goods Pour Into the U.S.?
The temporary lowering of tariffs may compel some U.S. businesses to order goods that they had held off buying after President Trump raised them to 145 percent.
Hollywood Groups Call for Tax Changes After Trump’s Tariff Threat
“Returning more production to the United States will require a national approach and broad-based policy solutions,” the groups said in a letter to the White House.
Trump Signs Executive Order Asking Companies to Lower Drug Prices
The president has long complained that the United States pays more for medicines than other wealthy countries. But he offered no clear legal authority to mandate lower prices.
Trump Administration Considers Large Chip Sale to Emirati A.I. Firm G42
The firm, which the U.S. government scrutinized for its ties to China, is angling for hundreds of thousands of advanced artificial intelligence chips in a deal that could be finalized this week.
Fox to Launch New Streaming Service, Fox One, This Fall
The new service will combine the company’s TV shows, cable channels and broadcast network, including National Football League games.
Avelo Airlines Faces Backlash for Aiding Trump’s Deportation Campaign
The company, which serves airports in liberal cities on the coasts, has agreed to operate chartered flights for Immigration and Customs Enforcement.
Trump Family Bitcoin Company Announces Plan to Go Public
American Bitcoin, a cryptocurrency firm co-founded by Eric Trump, said it was merging with a company traded on the Nasdaq, the latest expansion of the family’s investments in crypto.
Fed Official Still Bracing for Economic Slowdown Despite China Tariff Pause
Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth amid elevated uncertainty about the White House’s trade policy.
Trump Plan Would Tie Some Drug Prices to What Peer Nations Pay
The president announced an executive order aimed at lowering U.S. drug costs, revisiting an idea that was blocked in court during his first term.