Oil Companies Wanted Trump to Lower Costs. Tariffs Are Raising Them.
The cost of steel pipe used to line oil and gas wells rose after President Trump said he would impose tariffs on steel and aluminum imports.
The cost of steel pipe used to line oil and gas wells rose after President Trump said he would impose tariffs on steel and aluminum imports.
Here are some of the 5,800 contracts the Trump administration formally canceled this week in a wave of terse emails.
How to avoid delays, check the status of refunds and contact the Internal Revenue Service with problems.
Steve Olive, who has worked in the event carpet business for more than three decades, is the man the Academy trusts to get its iconic rug just right.
Benjamin Black, a son of the private equity mogul Leon Black and likely head of the International Development Finance Corporation, wants a piece of U.S.A.I.D.’s funding to invest in “pro-market” projects overseas.
The electric-car maker’s stock has had a bumpy ride since the victory of President Trump, who has given Tesla’s chief, Elon Musk, a role in Washington.
Pushkin Industries, the podcast company that will release the show, is betting that documentary-style audio programs can still win an audience.
The move is another indicator that the two sides are exploring ways to resolve the case, over the editing of a “60 Minutes” interview, out of court.
Chatbots posing as therapists may encourage users to commit harmful acts, the nation’s largest psychological organization warned federal regulators.
He built a small chain of bakery cafes, with sourdough bread as its star. A few years after it was sold, it became nationally famous under a new name.
The National Highway Traffic Safety Administration has laid off 4 percent of its workers, a transportation official said. The agency has raised questions about crashes involving Tesla’s self-driving technology.
Bringing showrooms filled with high-end American-made electric vehicles to India would mark a symbolic victory for President Trump’s ally.
Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a potentially record-setting theft.
His coal-oven pizzeria in the shadow of the Brooklyn Bridge has drawn patrons from New York City and beyond.
Universal is going after Disney, the industry leader, with new parks in Florida and Texas: “We want people to think of us first.”
A real estate developer, he was instrumental in revitalizing the New York Public Library and transforming Bryant Park from a dangerous dead zone into a glorious sanctuary.
The dollar’s strength against the euro, the yen and other foreign currencies means bargains for U.S. travelers.
President Trump’s plan to eliminate the penny could save the government money, but there’s no guarantee.
Employees from Elon Musk’s so-called Department of Government Efficiency are gaining access to vast amounts of information held by federal agencies, even as lawsuits try to stop them.
A longtime Wall Street executive, Mr. Lutnick will take on a broad portfolio that includes defending U.S. business interests and overseeing restrictions on technology exports.
With the third movie now in theaters, let’s look at how the 2018 film became a sleeper hit, thanks to Hugh Grant’s villain and its showstopping end credits.
The company said the cuts, the first round of broad layoffs in the airline’s 53-year history, would affect mostly corporate employees.
The once-sidelined Alibaba founder was among the executives who met with Xi Jinping, in what was seen as a show of support for private enterprise by Beijing.
President Volodymyr Zelensky publicly faulted the American proposal because it did not include security guarantees.
“Captain America: Brave New World” was expected to take in $84 million from Thursday through Sunday in North America.
The outcome was a setback for workers trying to score a second election success at an Amazon facility. The union vowed to keep trying to organize.
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The lack of clarity about tariffs and other policies could hurt hiring and investing. But the strong U.S. economy should provide a buffer.
The parent restaurant of Panda Express underwent a multimillion-dollar renovation. The deep, comforting pleasures are still on the menu.
President Trump, who disabled the World Trade Organization during his first term, is going after international free trade rules in place since the 1940s.
He was among those targeted by the investigation that consumed much of Bill Clinton’s presidency. But his conviction was later questioned.
Concerns that a deadly collision could occur at Reagan National Airport had long been building. But attempts to draw attention to potentially dangerous conditions sometimes went unheeded.
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The Associated Press said the White House had blocked its journalists from attending press events because the news agency had not started using the term Gulf of America.
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
When tech luminaries talk about their Christian faith, people listen.
Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and other users of metal goods.
Boosted by physical sales and a Grammy performance, the album had the biggest week since Taylor Swift’s huge opening last year.
People now watch so many programs at so many different times in so many different ways that measuring viewership has become a hot debate in the industry.
In an email to staff of the Consumer Financial Protection Bureau, the agency’s acting director ordered workers to cease “all supervision and examination activity.”
Donations on the crowdfunding site to people and fire relief efforts have exceeded those for all natural disasters worldwide last year.
The man broke the window’s inner pane and plastic frame before being subdued on a Frontier Airlines flight on Tuesday. The F.B.I. is investigating.
Don’t engage an overbearing colleague — that is, be boring — and eventually the attention-seeker may give up and go away.
The president said he planned to impose tariffs on countries that tax American products.
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
The pilots of the American Airlines regional jet in the Washington airport collision acted as expected, aviation safety experts and other pilots said.
The Labor Department’s January survey will include revisions making data for previous months look stronger in some cases and weaker in others.
The region has become a hot spot for the family’s business. Jared Kushner, the president’s son-in-law, noted last year that “Gaza’s waterfront property could be very valuable.”
This quintessentially British lodging option offers room and board; the chance to hang out with regulars over pints of beer; and, if you’re lucky, an in-house ghost.
They have no fiduciary duty in many cases and can profit from customers’ confusion. But where’s the line between unsavory and illegal?
The fallout from the F.D.A.’s rejection of a new treatment for PTSD worries researchers and experts who fear other psychedelic drugs in the pipeline could be jeopardized.
A growing number of countries, including American allies, are striking trade deals as the Trump administration erects a higher fence around its global commerce.
Shares in Asian manufacturers tumbled on concern that tariffs will hurt trade in North America and disrupt global supply chains.
Most large employers play down the likelihood that bots will take our jobs. Then there’s Klarna, a darling of tech investors.
Most large employers play down the likelihood that bots will take our jobs. Then there’s Klarna, a darling of tech investors.
Clues emerging from the moments before an Army helicopter collided with a passenger jet suggest breakdowns in the system meant to help aircraft land safely at the busy Reagan National Airport.
Persistent staff shortages have raised safety concerns. At many facilities, staffing is so low that at least a quarter of the work force is missing.
Experts say the freight system could handle an increase in imports from Canada and Mexico, but there is little sign of a significant increase.
European carmakers are urging Brussels to ease regulations to help them avoid buying carbon credits from rivals at increasingly high prices.
Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls.
The Chinese company DeepSeek seemed to have come out of nowhere this week when it upturned markets. Here’s what to know about Liang Wenfeng, the engineer who started it.
The company said it was testing a feature on its app that would allow customers to unlock the cabinets instead of waiting for an employee to do so.
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.
Social media exploded in a celebration after the news that a Chinese start-up had made an artificial intelligence tool that was more efficient than any in the United States.
The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly.
It was a whirlwind. Here’s what business leaders need to know.
Gaming is a big part of the billionaire’s public persona. But other players are questioning whether he has the time or the skill to be as accomplished as he claims.
A culinary star familiar on TV, he married local ingredients with the food he grew up on in running an acclaimed San Francisco restaurant and its offshoots.
Inside the $32 billion industry transforming marijuana, its consumption and beliefs about its ability to heal.
After consumer complaints of overheating batteries, the company did not immediately report the defect with its Ionic smartwatches, according to a settlement with the U.S. government.
Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for more than a year.
After a long period of stagnation, the return of inflation and wage growth is giving the Bank of Japan room to raise interest rates.
Thousands of users were unable to access OpenAI’s chatbot starting around 6 a.m. on Thursday. Shortly after 10 a.m., the company said the issue had been resolved.
Libertarian and crypto allies of Ross Ulbricht, who was serving a life sentence for distributing drugs on his Silk Road website, leveraged President Trump’s desire for political support to secure his release.
The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, which together account for more than a third of U.S. trade
The president said the planned duties were a response to China’s failure to curb fentanyl exports.
Amazon, JPMorgan and others have been telling their employees that remote work is over. Now federal employees have been ordered to come to work in person, too.
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Shortly after taking office Monday, the president issued the order to delay the app’s ban for 75 days. The law went into effect on Sunday.
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Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.
Some users saw the social media app come back online on Sunday, following a shutdown when a federal law went into effect requiring a sale or ban.
The popular video app stopped working shortly before a federal law barring U.S. companies from hosting or distributing TikTok was set to take effect on Sunday.
The party symbolized the euphoria of the tech industry on the cusp of the Trump presidency. The guest list included Mark Zuckerberg, Sam Altman, Miriam Adelson and the vice president-elect, JD Vance.
For years, C.E.O.s have used the annual gathering at the World Economic Forum to emphasize commitments to D.E.I., E.S.G. and globalization. Now the politics have changed.
The company argued that the law, citing potential Chinese threats to the nation’s security, violated its First Amendment rights and those of its 170 million users.
A new 3-on-3 league offers a condensed format, some of the best W.N.B.A. players and a made-for-TV approach that aims to bring viewers close to the action.
Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus.
Ahead of a Supreme Court ruling, they are mocking U.S. national security concerns about the Chinese-owned app.
The project is one of several that family members of President-elect Donald J. Trump have with foreign countries that have pending policy matters with the United States.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Financial reports show the potential defense secretary’s pay from past speaking and writing, some of which provided fodder for senators during his confirmation hearing.
As the popular video app faces a ban in the United States, Chinese officials are said to be weighing options to save it — including a sale to the tech mogul.
Monday night’s game in Arizona between the Los Angeles Rams and the Minnesota Vikings is the first time the league has relocated a postseason game since 1936.
New rules aim to keep advanced technology out of China and to ensure that cutting-edge artificial intelligence is developed by the United States and its allies.
First came the Hadids. Then Bradley Cooper. Now, with luxury inns going up, the area around New Hope, Pa. is taking a glamorous turn.
An unpaid group of billionaires, tech executives and some disciples of Peter Thiel, a powerful Republican donor, are preparing to take up unofficial positions in the U.S. government in the name of cost-cutting. As President-elect Donald J. Trump’s so-called Department of Government Efficiency girds for battle against “wasteful” spending, it is preparing to dispatch individuals…
As he waited for a call from his agent in September, Isaac Rochell, a professional football player looking for a team, watched the National Football League’s opening weekend games on television with his infant daughter. His wife needed a baby sitter. Allison Kucharczyk, Rochell’s wife and an online influencer with more than three million TikTok…
President-elect Donald Trump wants to buy the territory from Denmark, which says it’s not for sale. DealBook asked experts how they’d approach the deal.
After visiting President-elect Donald J. Trump in November, Mr. Zuckerberg decided to relax Meta’s speech policies. He asked a small team to carry out his goals within weeks. The repercussions are just beginning.
Top-level data shows a consistent pace of hiring, but other numbers point to weakening in the labor market, with fewer open positions and longer periods of unemployment for job seekers.
When he was 25, he learned that he had multiple sclerosis. He coped with the disease throughout a long career at several networks, recalled in a best-selling memoir.
The tech industry is fighting new regulations, expected soon, that aim to keep the cutting-edge technology in the United States and allied countries.
Hussain Sajwani, the founder and chairman of DAMAC Properties of Dubai, built the first Trump-branded golf course in the Middle East a decade ago.
Pam Bondi, whom President-elect Donald J. Trump intends to nominate as attorney general, received trips and donations funded by those seeking favors from her Florida office.
The social networking giant will stop using third-party fact-checkers on Facebook, Threads and Instagram and instead rely on users to add notes to posts. It is likely to please President-elect Trump and his allies.
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.
The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.
After overcoming pariah status at the end of the last century, South Korea must learn what caused the catastrophe on Dec. 29 and what lessons to draw from it.
Thousands of churches around the country close every year. In Brooklyn, one pastor is trying to help struggling parishes keep their doors open.
South Korea’s leading low-cost carrier, heavy with debt and its stock already near record lows, is now facing intense public and government scrutiny.
For decades, Dick Wolf has dominated prime- time programming. Now, at 78, he has plans to conquer his next world: streaming.
Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt.
General Motors was the biggest winner in U.S. sales in the final quarter, with a gain of 21 percent. It more than doubled its electric vehicle sales.
The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.
Joel Kaplan, who was a former senior adviser to George W. Bush, replaces Nick Clegg, who was a former deputy prime minister of Britain, as Meta’s head of policy.
Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.
Passengers on several of the carrier’s flights said the biting pests were on seats, blankets and in overhead bins and that the airline did not take action.
Planes didn’t fall from the sky on Jan. 1, 2000. A technology reporter who wrote a front-page article early that morning reflects on a crisis that never was.
He was still in training when he was rushed into live coverage of the collapse of the World Trade Center, and his broadcast became one of the enduring records of the day.
At a shelter in the Flushing area of New York, Hui Muslims who fled oppression in China are concerned about the president-elect’s vows to tighten asylum policy.
The department notified lawmakers of the breach, which it said was linked to a state-sponsored actor in China.
“Too many of us now tend to worship self-indulgence and consumption,” he said in his 1979 “Crisis of Confidence” speech. If only we had listened.
He said in an interview that he had used the visas for skilled workers “many times.” But he has mainly used visas for unskilled workers like housekeepers.
A dignified presence on camera, most prominently for CBS, he became the first Black announcer to call a major U.S. sports championship, the 2001 Super Bowl.
Among the notable figures who died in a sometimes polarizing 2024, many championed justice, equal rights and political freedom.
The company, owned by the Amazon founder Jeff Bezos, also received approval from the Federal Aviation Administration to launch the vehicle to orbit.
Republicans in Congress have tried to defund public media for decades. With the help of Elon Musk, could they finally make good on their threat?
A report confirmed prior indications that a pilot’s misunderstanding of air traffic control directives, and a missed warning, caused the January accident.
Readers have concerns that President-elect Trump’s policy agenda will unsettle stocks. If you’re tempted to make big portfolio moves, revisit 2020.
The airline also temporarily stopped selling tickets for flights departing Thursday, but said that there was no impact on flight safety.
President-elect Donald J. Trump is expected to roll back many of the rules and subsidies that have attracted billions of dollars from the private sector to renewable energy and electric vehicles.
Bad weather made delays worse after problems with systems used to release flights on one of the busiest travel days of the year.
The strike began Friday at stores in the Los Angeles, Seattle and Chicago areas and will end on Tuesday.
Although Iran has one of the biggest supplies of natural gas and crude oil in the world, it finds itself in a full blown energy emergency, coming just as it also suffers major geopolitical setbacks.
Even as Telegram faces legal scrutiny and grapples with billions in debt, it is set to be profitable for the first time as it tries cryptocurrencies, subscriptions and ads.
Investors are betting that they can make a dent in global warming, and healthy profits, with companies that alter the atmosphere.
“Mufasa: The Lion King” sputtered in second place at theaters in the United States and Canada. “Sonic the Hedgehog 3” was No. 1.
Undocumented workers help feed America’s hunger for prepared foods, but some take jobs with staffing agencies that expose them to hazardous conditions.
Costs have soared again amid a bird flu outbreak, bringing renewed attention to the fact that while inflation is cooling, prices are still elevated.
He was at the helm of several influential publications, notably Gay City News in New York City and, since 2017, The Los Angeles Blade.
A recent visit to Amazon’s overhauled drone delivery program in Arizona left me impressed by the drones, but skeptical that the public will welcome them.
Federal agencies are reviewing whether the tech mogul and ally of Donald Trump complied with disclosure rules meant to protect state secrets.
General Motors has gone from market leader to also-ran in the world’s largest car market, stymied by its own missteps and Chinese policies that favored its local rivals.
Federal Reserve officials are widely expected to cut interest rates, but investors will focus on hints about what comes next.
A battle for control of the chain shows how traditional business models embraced by family owners are clashing with a more shareholder-centric approach.
Silicon Valley hopes that tech giants like Elon Musk could help to push the incoming Trump administration toward offering more visas to highly skilled foreign workers.
The company and its Chinese parent invoked the First Amendment in urging the justices to step in before a Jan. 19 deadline to sell or be shut down.
Rates may not come down as much or as quickly as had been expected, just as Trump — a self-declared “low-rate guy” — returns to the White House.
The closest ski hill to Los Angeles recently sold to an investment group with big plans. But can those ideas work amid catastrophic climate threats that continue to plague the mountain?
Cafeteria melees. Students kicked in the head. Injured educators. Technology is stoking cycles of violence in schools across the United States.
The outcome of the lawsuit marks an unusual victory for President-elect Donald J. Trump in his ongoing legal campaign against national news organizations.
Chapel Hill has embraced North Carolina’s hiring of a legendary N.F.L. coach, with “Chapel Bill” shirts and cutoff hoodies.
TikTok had sought to temporarily freeze a law that requires its Chinese parent to sell the app or face a U.S. ban next month. The case may now head to the Supreme Court.
Comcast and Warner Bros. Discovery are rearranging their businesses for mergers and acquisitions. Experts say the next year could transform the media industry.
The increase is the latest for the streaming service, which debuted in 2017 at $35 a month. The company blamed “rising content costs.”
It is unclear whether the rule, which could help save Americans billions in fees each year, will remain in place after President-elect Donald J. Trump returns to office.
The financial world sees plenty of opportunity in the return of President-elect Donald J. Trump. For now, Wall Streeters are looking past the risks.
The government wants to rapidly replace oil and natural gas with clean energy, but offshore wind and other alternatives are still in their early stages.
The company said it would now focus its efforts on developing fully autonomous vehicles for personal use.
Concerns that crypto companies are being purposely cut off from the global banking system have become a political cudgel at an opportune moment for the industry.
A Nevada commissioner ruled resoundingly against Mr. Murdoch, who was trying to give full control of his empire to his son Lachlan and lock in Fox News’s right-wing editorial slant.
Over 21 months, the pop superstar’s culture-dominating stage show doubled the gross of its closest competitor, according to ticket sales figures confirmed for the first time.
Victims of abuse are seeking more than $1.2 billion in damages, arguing that the company abandoned a 2021 system it developed to find abusive material.
A British group is pushing for more companies to offer their workers shorter hours. Here’s what it looks like for two companies willing to test it out.
The recent trend in philanthropy has been to look for the most bang for your buck. Maybe you don’t have to.
“We’re putting another burden on the elderly that we don’t have to,” one researcher said.
Europe’s new pact with South America, its largest deal to date, could be a sign of how countries will diversify trade relationships as Donald Trump threatens tariffs.
After Brian Thompson of UnitedHealthcare was killed in Manhattan, the phones at corporate security firms were “ringing off the hook.”
The agreement, opposed by some victims’ families, would have required the aviation company to pay a fine of up to $487 million and invest in additional safety measures.
The price of a single Bitcoin rose to six figures for the first time, an extraordinary level for a 16-year-old cryptocurrency once dismissed as a sideshow.
Jerome Powell defended the Fed’s independence, and Bill Clinton offered his take on President Biden’s pardon of his son. Prince Harry is speaking now, with Jeff Bezos and Sundar Pichai still to come.
Bangladesh’s currency was battered by what the new head of the central bank says was the looting of the banks under the deposed prime minister.
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.
The judge said she would not reverse her decision to strike down the package after Tesla shareholders approved it a second time.
Pat Gelsinger stepped down after nearly four years at the helm of the onetime highflying company, Intel said Monday.
The company, facing slumping sales, announced that Carlos Tavares would step down immediately and that a search for a new chief was underway.
Rachel Accurso might be this era’s Mister Rogers, if he had been on YouTube, TikTok and Instagram. Toy companies and publishers all want a piece of the action.
Business owners say card transaction fees are a growing monthly expense, one often passed to consumers. They’re cheering efforts to lower them.
At least 68 people have fallen ill in the outbreak believed to be linked to cucumbers sold in the United States and Canada, the Centers for Disease Control and Prevention said.
Early data on online spending this week shows consumers are being drawn to discounts. A clearer picture of Black Friday sales, including in-store spending, will emerge in the days ahead.
With Friday’s gains included, November was the best month in a year for the S&P 500.
The vendor who sold the banana only received a quarter for the fruit. Now the buyer of the conceptual work has offered his fruit stand a bigger payday.
As the store’s first female executive, she helped turn it into what it is today, paving the way for other women to hold senior positions in retail.
Even as President Biden brokers a cease-fire in Lebanon, President-elect Donald J. Trump is running his own foreign policy without waiting to be sworn in.
A series of swipes at American companies show how China could take the initiative in a new trade war, using its economic dominance to exact pain.
Mr. Hassett defended Donald Trump’s tax cuts and trade policies in his first administration but has also acknowledged that tariffs can weaken economic growth.
Among other things, the retailer will no longer use the term D.E.I.
The department store chain said it had found the erroneous accounting entries while preparing its results for the third quarter.
The New York Times is covering the rise of online betting markets. We want to hear about the experiences of people who use them, either for recreational purposes or as a source of income.
Coding boot camps once looked like the golden ticket to an economically secure future. But as that promise fades, what should you do? Keep learning, until further notice.
Battling a 27 percent decline in domestic ticket sales compared with before the pandemic, studios left no marketing drum unthumped in releasing the movies.
The busiest travel period of the year can be daunting, but we’ve got tips to help minimize the stress, at the airport and on the road.
Medical care can be wearying and time-consuming, especially for seniors. Researchers are beginning to quantify the burdens.
The hedge fund manager will be responsible for steering President-elect Donald J. Trump’s unconventional economic agenda.
The world’s two richest men are longtime business rivals, but now one of them has the ear of the next president of the United States.
Donald J. Trump promised to erase Biden tailpipe rules that are designed to get carmakers to produce E.V.s. But Detroit wants to keep them.
The U.S. indictment names Gautam Adani, one of India’s richest businessmen, but it points to an even bigger target: how business is done there.
The U.S. Food and Drug Administration issued a warning letter, but not a recall, after microorganisms were found in water samples and finished toothpaste products.