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Some residents of the Pierre claim that Howard Lutnick, who owns the penthouse, was part of a plot to sell off this symbol of Manhattan glamour and wealth.
Stephen Miran and Lisa Cook will both cast votes at the central bank’s meeting on Wednesday, where policymakers are expected to lower interest rates.
Fury at the country’s politicians had led earlier this year to a failed royalist uprising, which may have been an unheeded warning of the popular discontent that exploded on the streets this month.
Tesla’s chief executive bought the stock after the company’s board proposed paying him nearly $1 trillion if he achieves certain performance goals.
There are dozens of short daily flights to Norway’s islands, and the oil-producing Scandinavian country wants electricity to power them.
Creators and commentators are more anxious than ever about their safety. Some are wondering whether they should continue to make themselves so accessible.
The Trump administration has sought to block Lisa Cook from the Federal Reserve meeting on interest rates this coming week.
Behind the scenes, major pharmaceutical companies and Trump-tied billionaires are furiously lobbying in opposite directions over proposed anti-China measures.
The Senate looks poised to confirm President Trump’s pick to join the central bank in time for the policy meeting next week, while another governor’s fate remains up in the air.
Graydon Carter, a former editor of Vanity Fair, had been shopping around his media start-up for a year.
The central bank is likely to lower borrowing costs at its meeting next week amid budding concerns about the labor market.
Workers who make military aircraft and equipment in the St. Louis area have been on strike since early August after rejecting an earlier agreement.
Preliminary annual revisions could add to political pressure on the agency that produces the data.
Improved service, better seating and heartfelt messages are at the heart of Brian Niccol’s turnaround plan, but baristas say they’re under pressure.
ASML, the Dutch maker of semiconductor equipment, is investing about $1.5 billion in Mistral, the French A.I. start-up.
Lachlan Murdoch will take control of a new family trust in a deal worth $3.3 billion, ensuring that his father’s media empire will retain its conservative slant.
Middle-class Indians have been plowing their savings into the stock market, making it far less vulnerable to the shocks of a trade war.
The horror sequel took in roughly $83 million over the weekend in the United States and Canada, about 65 percent more than anticipated.
The French prime minister has proposed drastic spending cuts and tax increases to shore up the country’s accounts, but his plan could backfire.
They were among nearly 500 workers apprehended at a construction site for a South Korean battery maker, officials said. The episode prompted diplomatic concern in Seoul.
President Trump’s decision to fire the head of the Bureau of Labor Statistics has prompted questions about political interference.
The Trump administration said it will withdraw former President Biden’s plan to require airlines to compensate passengers for carrier-caused disruptions.
Stephen Miran, who served as one of the president’s top economic advisers, struggled to alleviate concerns that he would uphold the independence of the central bank in a fiery confirmation hearing on Thursday.
A federal appeals court had invalidated a centerpiece of President Trump’s economic strategy, finding that a 1977 law did not authorize the tariffs.
A federal judge ordered steps in the search monopoly case that will restrain Google but not break it up, signaling a cautious antitrust approach by courts.
As a longtime correspondent for CBS News Radio, he kept meticulous records of presidential activities, from vacation days to teleprompter use.
Food companies are coming under pressure for growth as the maker of Velveeta breaks up and an activist investor takes a stake in PepsiCo.
Beijing has run out of patience with companies slashing prices, and is urging restraint. But fierce competition is also producing a surge of innovation.
Bad Bunny’s three-month concert series in San Juan is spurring a short-term surge in Puerto Rico’s economy.
A lurch in policy has shaken the India-U.S. economic alliance against China, leaving India little choice but to consider reversing its own strategy.
Overhauling the central bank’s Board of Governors would grant the president greater sway over an institution that is supposed to be independent from the White House.
The first closing of an Apple Store in mainland China hints at broader troubles facing the country’s shopping malls as developers open more of them despite a glut.
Terminally ill, she contacted obituary reporters looking to be interviewed about her life and imminent death — to be “at her own wake,” a colleague said.
Problems with passenger screening led to a disruption in international flight service to and from Nuuk, a snag in the island’s quest to attract more tourists.
Because a C.D.C. panel has not yet recommended the shots, the country’s largest pharmacy chains are requiring prescriptions or holding back altogether under some state laws.
A driver’s license renewal, a box of specialty candy, even early Christmas presents — all are caught up in the confusion caused by a new Trump administration customs rule.
A pilot program in six states will use a tactic employed by private insurers that has been heavily criticized for delaying and denying medical care.
The U.A.W. had a narrow majority in a bid to represent workers at a factory owned by Ford and SK On. But the outcome could change because of contested ballots.
The agency’s fall recommendations underscore the goals of Health Secretary Robert F. Kennedy Jr. to limit access to the vaccines, which he has long opposed.
As punishment for buying Russian oil, President Trump is doubling the tax on goods imported from India, jeopardizing a relationship decades in the making.
Are nostalgia, a new chief executive and seafood boil bags enough to save the seafood chain after more than 60 years?
The government had set out to slow speculation, kicking off a slowdown in real estate values that is still grinding on with wide economic consequences.
Among other changes, the airline will soon require travelers who “encroach upon the neighboring seat” to purchase an additional ticket, which might not be refunded.
China Evergrande, delisted from the Hong Kong Stock Exchange on Monday, leaves behind a giant pile of debt and a long line of desperate creditors.
For decades, companies feared being on the wrong side of U.S. sanctions. That’s not always true anymore.
President Trump’s planned pharmaceutical tariffs threaten to hit many of the most common and well-known drugs that Americans take.
Nick Foster helped Apple and Google envision the future. He has some notes.
Jensen Huang, Nvidia’s chief executive, said he plans to ask the Trump administration’s permission to sell a more powerful chip to Chinese companies.
The longtime news anchor recently began working for a financial firm connected to CBS’s new parent company and has spoken with the network’s owner, David Ellison, several times.
The media mogul spoke at length for the first time about selling her family’s empire, Paramount’s settlement with President Trump — and getting her reputation battered along the way.
After mixed reports from retail rivals, Walmart reported better-than-expected quarterly results and raised its sales forecast for the year.
A corporate executive who specialized in mergers, he brought together five Jewish institutions and their collections at the Center for Jewish History in Manhattan.
The administration accused Lisa Cook of mortgage fraud and said it would refer the matter for criminal investigation.
When OpenAI released a new version of ChatGPT, people were quick to protest its colder responses. Acknowledging the emotional attachment with chatbots, the company quickly backtracked.
The I.R.S. says churches can now support candidates during services, but many denominations still forbid it. A Wisconsin pastor learned the hard way.
A journalist of the old school, he covered presidential races and political affairs for several newspapers and in many books, as well as in a long-running column, “Politics Today.”
The cable news network is changing its name this year because a corporate spinoff is separating MSNBC from its cousin, NBC News.
Welcome to a new era of commercial work fueled by generative artificial intelligence.
Credit card companies and airlines are in a race for customers who spend the most money — and that is making it harder for many other customers to score deals and perks.
Some are being nudged to learn how to use the nascent technology. Coming to the C-suite retreat: mandatory website-building exercises using A.I. tools.
The president’s hostility toward foreign students has made American higher education a riskier proposition for them. Other countries are eager to capitalize.
Elvis’s ex-wife has traded lawsuits in a financial dispute with former advisers that has grown ugly with an allegation that she prematurely “pulled the plug” on her late daughter, Lisa Marie.
Manufacturing in Ireland has long helped many American drug companies pay lower taxes. But that strategy was designed for a world without President Trump’s tariffs.
Oregon Health & Science University said the couple’s donation would be the largest single gift to a higher-learning institution in the United States.
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much relief officials can ultimately provide to borrowers.
As companies like Amazon and Microsoft lay off workers and embrace A.I. coding tools, computer science graduates say they’re struggling to land tech jobs.
The S&P 500 is approaching a record on bets that Federal Reserve will lower borrowing costs despite uncertainty over President Trump’s trade war.
Do Kwon, who created the Luna and TerraUSD cryptocurrencies that collapsed in 2022, pleaded guilty to two counts of fraud, capping a spectacular fall from grace.
Trump’s Fed nominee has argued that tariffs haven’t raised prices.
The president fired the Bureau of Labor Statistics chief after a downbeat jobs report. The move has jeopardized the credibility of economic data.
The seven-year $7.7 billion deal is an early win for the company’s new chairman, David Ellison, who took over last week. CBS will also show some marquee fights.
In a highly unusual arrangement with President Trump, the companies are expected to kick 15 percent of what they make in China to the U.S. government.
The program gave birth to the idea of retirement and covers nearly all Americans — but now it faces major financial and customer service challenges.
He helped build H. Ross Perot’s company Electronic Data Systems into a leading data processing firm. He later played a crucial role in Mr. Perot’s 1992 presidential campaign.
Businesses that had been in a holding pattern during President Trump’s evolving trade war are starting to plan ahead with more conviction.
More than a decade after the government bailed out the mortgage giants, the Trump administration is looking for a partial stock-market exit.
Lip-Bu Tan, Intel’s top executive, said he was committed to the company after Mr. Trump called for him to step down over reported Chinese investments.
If confirmed, Stephen Miran, the current chair of the Council of Economic Advisers, would temporarily fill a position left vacant by Adriana Kugler, who is stepping down early.
Thailand, Vietnam and other countries in the region face much higher tariffs on exports with Chinese-made components. But questions remain on how the U.S. defines a locally made product.
The White House said the pledge would bring more of the company’s supply chain and advanced manufacturing to the United States.
A day after announcing the N.F.L.’s ownership stake in its sports network, Disney reported a 16 percent increase in adjusted per-share profit.
The Brazilian Supreme Court justice’s order could complicate efforts to negotiate over President Trump’s punishing tariffs, set to go into effect this week.
In his seven-story townhouse, the sex offender hosted the elite, displayed photos with presidents and showcased a first edition of “Lolita,” according to previously unreported photos and letters.
The tech giant is leaning more into video and the creator world.
Ty Haney, the “queen of athleisure,” has returned to Outdoor Voices. But the world of leggings has evolved.
About 3,200 machinists in St. Louis are poised to walk off the job after failing to reach an agreement on wages and retirement benefits.
Economists say unbiased data is essential for policymaking, and for democracy.
There is a growing sense in India that its leaders should not allow American policymaking to shape its choices on vital energy supplies.
There are growing signs that President Trump’s levies are filtering through to consumer prices, as companies exhaust options for keeping them stable.
Here is the latest.
Economists say the way the Trump administration is imposing tariffs is backfiring for some of the businesses they are meant to help.
The administration has not put forward a clear legal authority to compel drugmakers to reduce their prices.
The move came two weeks after the Trump administration reversed course to allow Nvidia to sell the coveted artificial intelligence chips in China.
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
Meituan, the Chinese food delivery giant, tested its global expansion in Hong Kong, where its Keeta service displaced a rival before moving to other markets.
In the latest quarter, higher costs were felt across the company’s vast health operations.
In the summer of 1985, NASA, the Reagan White House and seven talented astronauts got wrangled into an orbital chapter of the cola wars.
She put millions from her foundation into projects in California, like a performing arts center in Beverly Hills and a wildlife crossing over the busy 101 freeway.
Top American and Chinese officials are meeting for two days of talks in Stockholm as the Trump administration tries to complete trade deals.
Because of a deal made on a handshake in a parking lot, she was long left out of a famous toy’s story. When she was 94, a documentary changed that.
One person was in custody after what the authorities said was a random attack at a store near Traverse City, Mich.
A data breach exposed photos and ID cards of women who signed up for a fast-growing app for women to share details of men they might date.
The German automaker said U.S. import duties erased about $1.5 billion from its profit in the first half of the year, and it lowered its forecasts for the full year.
Meta said political advertising would end in October, citing a forthcoming E.U. regulation that it said presented “unworkable requirements.”
A global plunge in prices, led by increased production from China, and U.S. tariffs threaten steel manufacturing, which has long been a symbol of national might.
President Trump is set to visit the central bank’s construction site on Thursday with administration officials amid allegations that the costly project has been mismanaged.
European Union officials are attending a summit in Beijing with China’s top leaders. China’s support of Russia and a long list of trade disputes are on the agenda.
Elon Musk has said that robotaxis are the company’s future, but most revenue still comes from cars.
His New Albion Brewing Company, founded in 1976, was considered the first microbrewery. It set the model for thousands more to come.
General Motors was the second auto company this week, after Stellantis, to show the toll that President Trump’s trade policies are taking on the industry.
The Trump administration has seized on the Federal Reserve’s renovation of its building in what legal experts say could be pretext to fire Jerome H. Powell, the central bank chair.
In pursuit of well-heeled fliers, airlines and credit card companies are stocking their elite lounges with caviar, sushi bars and big-name chefs.
President Trump’s plan to impose a 100 percent tariff on Russian goods could raise the cost of urea, a key fertilizer in corn and other row crops.
A Wells Fargo banker was blocked from leaving and a Japanese pharmaceutical executive was imprisoned, even as Beijing tries to court overseas investors.
Natasha Lavoie’s phone number appeared on a T-shirt sold online that advertised a fictitious missing cat. She can’t stop the calls from coming.
Most young adults don’t expect to support their aging parents. Here’s what happened when four people had to.
The lawsuit argues that The Journal falsely claimed President Trump “authored, drew and signed” a lewd birthday card to Jeffrey Epstein.
The show will end in May, the network said, calling it “a purely financial decision.”
Drastic measures are necessary “before we are crushed by the debt,” the country’s prime minister warned.
Members of the lab, including the new chief A.I. officer, Alexandr Wang, have talked about abandoning Meta’s most powerful open source A.I. model in favor of developing a closed one.
A proposal before the Senate to strip funding from the Corporation for Public Broadcasting could be catastrophic for local stations, particularly those in rural areas.
Shoppers are taking advantage of a $42 billion government trade-in program aimed at boosting spending. But in recent weeks, some cities have started to cut back on the subsidies.
A burglar used a hammer to smash open the door of a Massachusetts shop and stole rare Pokémon cards and vintage box sets, a store owner said.
He was a founder of B Lab, a nonprofit network whose lofty mission is “transforming the global economy to benefit all people, communities and the planet.”
The two giant video companies have far different strategies, but the same goal: controlling your TV set.
A focus on the fuel switches in a preliminary assessment raised questions about the pilots’ actions, but much is still unknown about Flight 171.
David Ellison, the founder of Skydance, and Bari Weiss, the co-founder of The Free Press, are attending the annual Allen & Co. conference in Sun Valley this week.
Eagle Creek’s experience underscores how President Trump’s chaotic approach to tariffs is having a real impact, even before the toughest levies take effect.
The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has already raised doubts about their credibility.
A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company.
Futures contracts hit a record price after the president announced plans for a 50 percent tariff on the metal, driving up costs for businesses.
The Labour Party is starting its second year in control of the government with difficult choices over whether to curb spending or raise taxes.
The president noted that U.S. negotiators remained open to offers from trading partners, suggesting that tariffs could be reduced by — or even after — the deadline on Aug. 1.
President Trump has told 14 countries that they will face tariffs of at least 25 percent on Aug. 1 if they don’t reach agreements by then.
Mr. Musk’s involvement in politics was once seen by investors as a benefit to Tesla. Not anymore.
Momentum is building in Taiwan to lessen its business dependency on China, its biggest trading partner. Doing so will not be easy.
Bob Jordan recently introduced major changes to the way the low-cost airline works, which caused a stir among loyal fliers and left them wondering what sets it apart from competitors.
As China vies with Silicon Valley for primacy, Hangzhou, home to DeepSeek and Alibaba, is where its aspiring tech titans mingle and share ideas.
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts expected and could lead to lower oil prices.
The pyrotechnics industry relies heavily on Chinese fireworks imports and warns that this could be the last big bang Fourth of July.
After striking only a few trade deals since declaring a 90-day pause in April, President Trump said he would announce new duties starting Friday.
The Hollywood Foreign Press Association, which ran the awards show until a couple of years ago, has voted to investigate the deal that sold the event to a joint venture.
An initial trade deal with Vietnam offers a glimpse of how President Trump is pushing countries to cut back on trade with China.
Republicans deferred some of their most painful spending cuts until after the midterm elections.
Job growth is expected to fall this year, adding to pressure on the Federal Reserve to cut interest rates. But the slowdown might reflect a smaller labor force, not declining demand from employers.
As the Senate prepares to vote on a key piece of the president’s domestic agenda, prominent critics, including Elon Musk, are speaking out.
Stocks have rebounded, but the dollar is in a deep slump. Here’s what could go right (and very wrong) for investors.
It has continued to slide even as President Trump has backed down from his tariff threats and the U.S. stock market has recovered from its losses.
Whether caused by a long war or brief skirmish, the closing of skies to air travel is having big effects on cost, convenience and safety.
In an era of supersized pickups and SUVs, Kei cars and trucks bring a (very) little piece of Japan to the United States. Getting one on the road can be complicated.
After rapid growth, Thailand is the biggest overseas supplier of pet food in the United States. Volatility in policy has some importers looking elsewhere.
They are contributing to their 401(k)s much earlier than millennials did, reports show, and young women in particular are being aggressive about saving.
Asset managers are eagerly awaiting an S.E.C. decision that would allow mutual funds to also trade as E.T.F.s — potentially changing how trillions of dollars are invested.
As demand for the popular toys continues, some are embracing knockoffs, known as Lafufus.
The deal involves loosening exports of rare earths to the United States and the lifting of some restrictions on U.S. goods to China, China’s Ministry of Commerce said.
The beloved children’s star is starting a podcast for adults. He hopes for thoughtful conversations and a lot of listening.
A fragile cease-fire in the Middle East and an oil supply chain without significant disruptions have helped keep gas prices stable.
As voters head to the polls, the democratic socialist candidate appears to be neck-and-neck with Andrew Cuomo. That has many executives worried.
The administration has gutted agencies like U.S.A.I.D., and President Trump has denigrated their work as wasteful and rife with fraud. His views on humanitarian assistance have seesawed since he entered political life.
As the use of these easy-credit installment loans has grown, FICO said repayment data would provide more insight on consumers’ credit readiness.
Videos promoting a quick hack for having student loans forgiven are circulating. Experts warn the trick doesn’t work.
The price of West Texas Intermediate, the benchmark for U.S. crude oil, dropped more than 7 percent, to around $68 a barrel.
Ferries departing the dual-nation island of St. Maarten and St. Martin offer easy sailing to surrounding destinations at bargain prices.
The original space adventure sold about $21 million in tickets at domestic theaters from Thursday night through Sunday, putting new pressure on the once-unstoppable studio.
Donald Trump’s presidency has turned this Florida island into the nightlife headquarters of MAGA, but the town’s old guard — much of it Republican — doesn’t love the new vibe.
Michael Kassan, a ringmaster in the media industry, is going head to head at its top event with United Talent Agency, a company that has sued him.
A video message by Campbell Wilson, Air India’s chief executive, closely resembled what the head of American Airlines said after a deadly crash months earlier.
Christopher J. Waller, who was appointed by President Trump, said the central bank should not wait for the labor market to weaken.
The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, occurred amid increased reports of GPS interference.
The central bank signals little urgency to cut interest rates despite demands from President Trump for lower borrowing costs.
A new personal finance column was inspired by head-scratching messages from Times readers.
President Trump’s trade war is likely to lead to higher prices and slower growth, a challenging combination for the Fed. War in the Middle East could make the job harder still.
Chinese investors have poured their savings into gold, attracted by promises of rising prices. One company’s sudden closure is a cautionary tale.
Annual financial disclosures revealed some of the perks of being on the Supreme Court, including international teaching and book sales.
The budget cuts threaten global progress on everything from heart disease to H.I.V. — and could affect American drug companies, too.
Battery companies are slowing construction or reconsidering big investments in the United States because of tariffs on China and the proposed rollback of tax credits.
Brexit had complicated many of Britain’s food exports to Europe. A new trade deal between the U.K. and the E.U. could make them easier, including for shellfish farmers.
In an era of skepticism around live-action remakes, Universal believes audiences will take flight with Hiccup and Toothless again.
Cable networks covered President Trump’s Army parade on a busy day of protests, a political assassination and Middle East strikes. ABC, CBS and NBC aired other programming on their affiliates.
A technological takeover of ad creative could bring both opportunity and disruption.
Management installed by the Tata Group had spent three years struggling to undo a reputation for shoddy operations earned during decades of state ownership.
Mr. Kapur, who died of a heart attack after playing in a polo match in England, was formerly married to the Bollywood star Karisma Kapoor.
The military strikes jolted investors, raising concerns that a broader Mideast conflict would disrupt the world’s energy supplies.
The Federal Trade Commission is considering restrictions on Omnicom and Interpublic to prevent the combined company from refusing to place ads on platforms for political reasons.
Anger at PJM, which manages the electrical grid in all or parts of 13 states and the District of Columbia, has been boiling over in some state capitals.
Rachel Reeves, the chancellor of the Exchequer, broke down public spending plans, including more money for the military, public transport and affordable housing.
The country, like others across Europe, is building more facilities to handle an increase in imports of liquefied natural gas, much of it from the United States.
The university is selling multiple stakes in private-equity funds as the industry struggles and Trump targets Ivy-League Institutions.
The film and television giant will turn its cable networks, including CNN and TNT, into one company and its streaming and studios business into another.
President Trump threatened to cut off Elon Musk’s federal contracts, showing that he looks at the government as his own means of penalizing those who cross him.
Officials from both sides are set to talk on Monday in London, aiming to resolve differences over tariffs and supply chains that have endangered a fragile truce between the countries.
The outbreak has been tied to multiple brown organic and brown cage-free egg brands distributed to grocery stores in seven states, officials said.
China sought to depict a call between Xi Jinping and President Trump as an appeal from one strongman leader to another to run a tight ship and stay on course.
With LeBron James and Stephen Curry nearing retirement, the league has no clear next brand ambassador. Changing media landscapes and a new focus on team parity haven’t helped.
Though the Sackler name was tarnished over Purdue Pharma’s role in the opioid crisis, Arthur Sackler’s should not be, she insisted; a company leader, he died well before the trouble began.
Damian Williams joined Paul Weiss Rifkind Wharton & Garrison in January shortly after stepping down as one of the nation’s top federal prosecutors. He is taking a job with Jenner & Block.
The sudden fallout ended a nearly yearlong partnership, during which Mr. Musk helped propel Mr. Trump to the White House and became one of the president’s top advisers.