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Showing posts from June, 2025

The Dollar Has Its Worst Start to a Year Since 1973

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. source https://www.nytimes.com/2025/06/30/business/dollar-decline-trump.html

Trump Steps Up Pressure Campaign on Powell With Handwritten Note

President Trump has repeatedly attacked Jerome H. Powell, chair of the Federal Reserve, for resisting his demands for lower interest rates. source https://www.nytimes.com/2025/06/30/business/trump-powell-fed-handwritten-note.html

He Made Billions on Google and PayPal. Now, He’s Betting on News.

Michael Moritz co-founded The San Francisco Standard, a local news organization. It is acquiring Charter, a start-up focused on the future of work. source https://www.nytimes.com/2025/06/30/business/media/michael-moritz-san-francisco-standard-charter.html

How Tariffs Are Affecting Wedding Dress Prices

Jordyn Holman, a New York Times business reporter, is planning a wedding. To find out how tariffs are affecting the bridal industry, she visited three different dress shops selling gowns from around the world. source https://www.nytimes.com/video/business/100000010192363/wedding-dress-cost-trump-tariffs.html

Trump Wants America to Make iPhones. Here’s How India Is Doing It.

India is carving out a new space for Foxconn and other high-end manufacturers, just as President Trump demands American companies do at home. source https://www.nytimes.com/2025/06/30/business/apple-foxconn-india.html

‘F1: The Movie’ Gives Apple Its First Box Office Hit

But the movie cost at least $350 million to make and market, analysts said, so it will need to attract substantial crowds in the weeks ahead to make money. source https://www.nytimes.com/2025/06/29/business/media/f1-the-movie-apple-box-office.html

What are Kei Cars and Trucks and How Can You Get Them?

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. source https://www.nytimes.com/2025/06/29/style/kei-trucks-cars-japan.html

American Airlines Flights Snarled by Computer Glitch

A systems outage temporarily grounded some planes on Friday, causing headaches for both crew and passengers around the United States. source https://www.nytimes.com/2025/06/27/travel/american-airlines-outage-delays.html

S&P 500 Hits a Record High, Surging Through Trump Turmoil

The index has regained all the ground it lost in March and early April, when President Trump proposed his broad array of tariffs. source https://www.nytimes.com/2025/06/27/business/sp-500-record-trump.html

Trump Says U.S. Ending Trade Talks With Canada

The president said he would cease negotiations and impose new tariffs because of Canada’s imminent, new digital services taxes. source https://www.nytimes.com/2025/06/27/business/trump-ends-canada-trade-talks.html

Bill Moyers, Presidential Aide and Veteran of Public TV, Dies at 91

Before becoming known as an unusual breed of television correspondent and commentator, he had a long association with President Lyndon B. Johnson. source https://www.nytimes.com/2025/06/26/business/media/bill-moyers-dead.html

Anna Wintour Cedes Vogue Editor in Chief Title But Will Retain Editorial Control

American Vogue will create a new role, “head of editorial content,” beneath Ms. Wintour, who is giving up her editor in chief title. She’s not leaving, though. source https://www.nytimes.com/2025/06/26/business/media/anna-wintour-vogue-conde-nast.html

Prioritizing Diversity, Film Academy Will Widen Membership

The group invited more than 500 actors, directors and others to join. Left off the list was Karla Sofía Gascón, the first Oscar-nominated openly trans actor. source https://www.nytimes.com/2025/06/26/business/prioritizing-diversity-film-academy-will-widen-membership.html

Should the Government Stop Subsidizing a Car Feature That ‘Everyone Hates’?

The E.P.A. under Trump is moving to eliminate credits to carmakers for the fuel-saving start-stop function. source https://www.nytimes.com/2025/06/26/upshot/car-stop-start-feature.html

The Alaska Town at the Center of Trump’s $44 Billion LNG Push

Nikiski in southern Alaska is waiting to see if backing from President Trump and a new developer will advance a decades-old initiative to export natural gas. source https://www.nytimes.com/2025/06/26/business/alaska-lng-japan.html

Some Republicans Join Democrats in Unease Over White House Budget Cuts

President Trump has sought to claw back funds for public broadcasting and foreign aid, sparking a fierce debate over the power of the purse. source https://www.nytimes.com/2025/06/25/us/politics/republicans-democrats-unease-white-house-budget-cuts.html

The Evolution of Trump’s Views on Foreign Aid

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. source https://www.nytimes.com/2025/06/25/health/trump-usaid-foreign-aid-video.html

Takeaways From Hard Fork’s Interview With OpenAI’s Sam Altman

Mr. Altman discussed President Trump’s understanding of artificial intelligence, the war for A.I. talent and OpenAI’s relationship with Microsoft. source https://www.nytimes.com/2025/06/25/technology/hard-fork-sam-altman.html

SpaceX to Launch Axiom Mission 4: How to Watch

The fourth mission by the company Axiom Space will help the three countries get to the International Space Station for the first time. source https://www.nytimes.com/2025/06/25/science/spacex-launch-axiom-mission-4-watch.html

FICO to Include ‘Buy Now, Pay Later’ Loan History in Credit Scores

As the use of these easy-credit installment loans has grown, FICO said repayment data would provide more insight on consumers’ credit readiness. source https://www.nytimes.com/2025/06/24/business/fico-buy-now-pay-later-credit-scores.html

No, a TikTok Trick Won’t Erase Student Loan Debt

Videos promoting a quick hack for having student loans forgiven are circulating. Experts warn the trick doesn’t work. source https://www.nytimes.com/2025/06/24/business/tiktok-student-loan-forgiveness-advice.html

How Yemeni Cafes like Haraz Coffee House Are Building Momentum and Community

For cafes like Haraz Coffee House, riding a wave of interest nationwide in late-night, alcohol-free gathering spaces means embracing the franchise model. source https://www.nytimes.com/2025/06/24/business/yemeni-cafe-haraz-coffee-house.html

Omnicom and Interpublic, Seeking Merger, Agree to FTC’s No-Boycott Deal

Omnicom and Interpublic said they would not direct their clients’ advertising away from media platforms because of the platforms’ political content. source https://www.nytimes.com/2025/06/23/business/omnicom-interpublic-merger-ftc.html

Ford Will Keep Battery Factory Even if Republicans Ax Tax Break

Ford Motor said it would open a new plant in Michigan that could become ineligible for federal incentives under a policy bill championed by President Trump and passed by the House. source https://www.nytimes.com/2025/06/23/business/ford-battery-factory-electric-vehicles.html

Global Markets Dip as Traders Gauge Fallout From U.S. Strikes on Iran

Any disruption to traffic in the Strait of Hormuz would have significant economic effects, especially for Asian nations dependent on oil from the Middle East. source https://www.nytimes.com/2025/06/22/business/stocks-us-iran-bombing.html

Fred Smith, Billionaire Founder of FedEx, Is Dead at 80

His vision for how to ship packages overnight led to not just a new company, but also a new sector of the world economy and a now-familiar English verb. source https://www.nytimes.com/2025/06/22/obituaries/fred-smith-billionaire-founder-of-fedex-is-dead-at-80.html

Energy Markets Wait to See if Iran Will Close the Strait of Hormuz

Crude oil futures will begin trading at 6 p.m. Eastern time on Sunday, providing an early look at the market’s reaction to the U.S. strikes. source https://www.nytimes.com/2025/06/22/business/energy-environment/iran-oil-gas-markets.html

Tesla Begins Limited Robotaxi Service in Austin

The vehicles will have safety monitors and may not operate in bad weather, making them more restricted than the fully autonomous vehicles promised by Elon Musk. source https://www.nytimes.com/2025/06/22/business/tesla-robotaxi-service-austin.html

As Tariffs Make Weddings Costlier, David’s Bridal Tries to Adapt

Most wedding dresses are made in China, so tariffs are a new worry for brides. At David’s Bridal, the largest seller of gowns in the United States, its chief executive, Kelly Cook, is trying to do something about it. source https://www.nytimes.com/2025/06/22/business/davids-bridal-kelly-cook-tariffs.html

Oil Markets on Edge After American Bombing of Iran

Fighting has the potential to disrupt oil markets, but a move by Iran to cut off supply would chiefly hurt China, the biggest buyer of Iranian oil. source https://www.nytimes.com/2025/06/22/business/us-iran-oil.html

Europe Is Finally Ready to Spend More on Defense. The Hard Part Is How.

After a yearslong debate over NATO spending, European nations are poised to commit more funds to deter Russia. Now the region must decide how to unify its fragmented manufacturing. source https://www.nytimes.com/2025/06/22/business/europe-nato-defense-spending.html

Walmart Tries to Shed a Stodgy Vibe to Battle Digital-Native Rivals

The retailing giant is spending billions to attract workers to a new headquarters and woo shoppers with drone delivery and a broader range of items (like Louis Vuitton handbags). source https://www.nytimes.com/2025/06/21/business/walmart-rebrand-headquarters.html

Air India C.E.O.’s Remarks After Plane Crash Draw Scrutiny

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. source https://www.nytimes.com/2025/06/21/business/air-india-crash-ceo-speech.html

Insurers Pledge to Ease Controversial Prior Approvals for Medical Care

Major companies had faced mounting pressure to stop denying or stalling authorization of coverage for treatments and prescriptions. source https://www.nytimes.com/2025/06/20/health/health-insurance-prior-authorization.html

Trump’s Two-Week Iran Notice Gives Markets a Lift

The president said he could take that long to decide whether to join a military fight against Iran. But that does little to quell investor uncertainty. source https://www.nytimes.com/2025/06/20/business/dealbook/trump-iran-two-weeks.html

Hybrid Cars, Once Derided and Dismissed, Have Become Popular

Automakers and car buyers are taking a second, harder look at hybrids after leaving them behind for electric vehicles. source https://www.nytimes.com/2025/06/20/business/energy-environment/hybrid-cars-electric-vehicles.html

Chinese Companies Set Their Sights on Brazil

Confronted with tariffs and scrutiny in the United States and Europe, Chinese consumer brands are betting that they can become household names in Latin America’s biggest economy. source https://www.nytimes.com/2025/06/20/business/china-temu-meituan-shein-brazil.html

Bank Transfer Signals Syria Is Making Strides in Ending Economic Isolation

The bank-to-bank transfer using the SWIFT system was symbolically important, indicating the war-torn country was reintegrating into the global financial community. source https://www.nytimes.com/2025/06/19/world/middleeast/syria-bank-european-transfer-swift.html

Fed Sees Higher Inflation and Lower Growth Ahead

Officials at the Federal Reserve left interest rates unchanged, as they brace for the effects of President Trump’s policies on trade, taxes and immigration. Fed Chair Jerome Powell said that “uncertainty is unusually elevated.” source https://www.nytimes.com/2025/06/18/business/what-to-know-about-todays-fed-meeting.html

Regulators Approve Lenacapavir for H.I.V. Prevention

The drug could change the course of the AIDS epidemic. But the Trump administration has gutted the programs that might have paid for it in low-income countries. source https://www.nytimes.com/2025/06/18/health/hiv-fda-lenacapavir.html

Dan Storper, Founder of Putumayo World Music Label, Dies at 74

His record label, Putumayo, gathered sounds from around the globe and pushed them into the mainstream, selling 35 million compilation CDs worldwide. source https://www.nytimes.com/2025/06/18/arts/music/dan-storper-dead.html

Trump and Tucker Carlson Are Divided Over Israel-Iran Conflict

As President Trump edges toward involvement in the Israel-Iran war, some of his longtime supporters in right-wing media are questioning his judgment. source https://www.nytimes.com/2025/06/17/business/media/trump-tucker-carlson-fox-news.html

Companies Ask Supreme Court to Fast-Track Challenge to Tariffs

Two toy manufacturers asked the court to greatly expedite their case, in an unusual request. source https://www.nytimes.com/2025/06/17/us/politics/supreme-court-tariffs-toys.html

22 New Jobs A.I. Could Give You

In a few key areas, humans will be more essential than ever. source https://www.nytimes.com/2025/06/17/magazine/ai-new-jobs.html

South Africa Built a Medical Research Powerhouse. Trump Cuts Have Demolished It.

The budget cuts threaten global progress on everything from heart disease to H.I.V. — and could affect American drug companies, too. source https://www.nytimes.com/2025/06/17/health/south-africa-medical-research-trump.html

China Is Unleashing a New Export Shock on the World

As President Trump’s tariffs close off the U.S. market, Chinese goods are flooding countries from Southeast Asia to Europe to Latin America. source https://www.nytimes.com/2025/06/17/business/tariffs-china-exports.html

MyPillow Founder Mike Lindell Defamed Former Dominion Executive, Jury Finds

He was ordered to pay $2.3 million in damages to Eric Coomer, a former employee of Dominion Voting Systems. source https://www.nytimes.com/2025/06/16/business/mypillow-mike-lindell-defamation.html

Oil Prices Climb Further After Israel Strikes Iran’s Energy Assets

U.S. oil prices already jumped last week, which could cause prices at the pump to rise about 20 cents a gallon in the coming weeks, according to one estimate. source https://www.nytimes.com/2025/06/15/business/energy-environment/oil-prices-israel-iran.html

Leonard A. Lauder, Philanthropist and Cosmetics Heir, Dies at 92

He was best known for his success in business, notably the international beauty company he built with his mother, Estée Lauder. But he was also an influential art patron. source https://www.nytimes.com/2025/06/15/business/leonard-a-lauder-dead.html

Gasoline Prices Likely to Rise as Israel Targets Iran’s Energy Infrastructure

U.S. oil prices already jumped last week, which could cause prices at the pump to rise about 20 cents a gallon in the coming weeks, according to one estimate. source https://www.nytimes.com/2025/06/15/business/energy-environment/gasoline-prices-likely-to-rise-as-israel-targets-irans-energy-infrastructure.html

‘Golden Share’ in U.S. Steel Gives Trump Extraordinary Control

Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other deals. source https://www.nytimes.com/2025/06/15/business/economy/golden-share-us-steel-nippon-trump.html

Local Malls Are Sitting Empty, and Becoming a Headache for Small Towns

An empty shell for years, the mall in Lanesborough, Mass., shows how difficult it is to redevelop malls in smaller towns. source https://www.nytimes.com/2025/06/15/business/malls-empty-small-towns.html

Fox News Hosts Gushed Over the Parade, With No Protests in Sight

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. source https://www.nytimes.com/2025/06/14/business/media/trump-parade-tv-coverage.html

Trump’s Military Parade Is Designed for TV, but It Won’t Be on Every Channel

A minor-league football championship game will air on ABC. Fox News, CNN and C-SPAN will carry the four-hour festivities live. source https://www.nytimes.com/2025/06/14/business/media/trump-parade-tv-channels.html

Iran’s Vital Oil Industry Is Vulnerable in an Escalating Conflict

The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk. source https://www.nytimes.com/2025/06/14/business/iran-oil-industry.html

Air India’s New Owners Were Trying to Revamp Carrier Before Crash

Management installed by the Tata Group had spent three years struggling to undo a reputation for shoddy operations earned during decades of state ownership. source https://www.nytimes.com/2025/06/14/business/air-india-crash-tata-group.html

Trump Was Already a Crypto Czar in 2024

Financial disclosures for 2024 filed by the president on Friday show that digital coins had already become one of his family’s most successful ventures. source https://www.nytimes.com/2025/06/13/us/politics/trump-disclosure-cryptocurrency.html

U.S. Steel and Nippon Steel Say Their ‘Partnership’ Is Sealed

The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns. source https://www.nytimes.com/2025/06/13/business/us-steel-nippon-steel-partnership-deal.html

What’s the Deal? Nippon’s Bid for U.S. Steel Becomes a Merger Mystery.

President Trump’s foray into the takeover could reshape the future of foreign investment in the United States. source https://www.nytimes.com/2025/06/13/business/nippon-us-steel-deal-trump.html

Elon Musk’s xAI Is Getting $250 Million in Investments From TPG, Sequoia and Others

Two dozen venture capital firms and other investors are investing in xAI, the artificial intelligence and social media company. source https://www.nytimes.com/2025/06/12/business/xai-elon-musk-investors.html

G.O.P. Senators Want Fewer Cuts to Food Aid, Teeing Up a Fight with the House

Republicans whose constituents rely on nutritional assistance worry that cuts to those programs approved by the House will saddle their states with huge costs and harm low-income children. source https://www.nytimes.com/2025/06/12/us/politics/republican-senators-food-aid.html

Trump’s Pick to Lead the F.A.A. Faces Senate Grilling

The confirmation hearing for Bryan Bedford, a commercial airline executive, comes as the agency confronts critical staffing shortages and questions about passenger safety. source https://www.nytimes.com/2025/06/11/us/politics/bryan-bedford-faa-senate.html

The House’s Policy Bill Would Lose Money. Could Trump’s Tariffs Replace It?

The short answer is probably not, according to multiple forecasters. source https://www.nytimes.com/2025/06/11/business/trump-tariffs-tax-bill.html

Senate Republicans Want to Trim Some of Trump’s Tax Cuts in Domestic Policy Bill

G.O.P. senators are considering whether to further curb the president’s favorite tax cuts as they rewrite key portions of the sprawling domestic agenda bill passed by the House. source https://www.nytimes.com/2025/06/11/us/politics/republicans-trump-populist-tax-cuts.html

23andMe Customers Did Not Expect Their DNA Data Would Be Sold, Lawsuit Claims

The genetic-testing company, which collected DNA data from users, is for sale in bankruptcy court. Now, 27 states and the District of Columbia oppose selling the data without express consent. source https://www.nytimes.com/2025/06/10/business/23andme-data-lawsuit.html

Who Will Replace Elon Musk as the Leader of DOGE?

Joe Gebbia, a close friend of Mr. Musk’s, is expected to be a part of a small council of advisers that will oversee the Department of Government Efficiency. source https://www.nytimes.com/2025/06/10/us/politics/airbnb-gebbia-musk-doge.html

How to Find the Best Travel Bargains

The key is to adopt an “off-travel” mind-set and use off-season, off-peak, off-road and other offbeat strategies. source https://www.nytimes.com/2025/06/10/travel/bargain-travel-secrets.html

Disney Takes Full Control of Hulu for Billions Less Than Comcast Wanted

Disney said it had agreed to add $439 million to what it had already paid for the streaming service. Comcast had wanted $5 billion more. source https://www.nytimes.com/2025/06/09/business/media/hulu-disney-comcast.html

Justin Baldoni’s Suits Against Blake Lively and The New York Times Dismissed by Judge

Mr. Baldoni had accused Ms. Lively and her husband, Ryan Reynolds, of trying to destroy his reputation. The Times had brought the feud into the public eye. source https://www.nytimes.com/2025/06/09/business/media/justin-baldoni-blake-lively-lawsuit-dismissed.html

U.S. and China to Meet at Precarious Moment in Trade War

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. source https://www.nytimes.com/2025/06/09/business/us-and-china-trade-war-meeting.html

Trump’s Feud With Musk Highlights His View of Government Power: It’s Personal

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. source https://www.nytimes.com/2025/06/08/us/politics/trump-elon-musk-fight-power.html

ABC News Suspends Terry Moran After He Calls Trump a ‘World-Class Hater’

In a late-night post on social media, Mr. Moran also derided Stephen Miller, a top presidential aide, and drew a rebuke from Vice President JD Vance. source https://www.nytimes.com/2025/06/08/business/media/abc-news-terry-moran-suspended.html

Salmonella Outbreak Linked to Eggs Sickens Dozens

The outbreak has been tied to multiple brown organic and brown cage-free egg brands distributed to grocery stores in seven states, officials said. source https://www.nytimes.com/2025/06/08/health/eggs-salmonella-recall.html

Elon Musk’s Starlink Hits a Roadblock in Its March Across South America

Mr. Musk’s Starlink has brought the internet to some of South America’s most remote places. But Bolivia is shunning it, even as many there are desperate for better service. source https://www.nytimes.com/2025/06/08/world/americas/elon-musk-starlink-bolivia.html

Gas Stations Like Wawa and Sheetz Keep Expanding, Spurred By EVs

As gas stations prepare for more electric vehicles to be on the road, they’re getting bigger. That has created tension in some communities. source https://www.nytimes.com/2025/06/08/business/gas-station-expansion-evs.html

Bill Atkinson, Who Made Computers Easier to Use, Is Dead at 74

A designer for Apple, he created software that made it possible to display shapes, images and text on the screen and present a simulated “desktop.” source https://www.nytimes.com/2025/06/07/technology/bill-atkinson-dead.html

BowFlex Recalls 3.8 Million Adjustable Dumbbells After Injury Reports

More than 300 reports of the weight plates becoming dislodged have been filed, with more than 100 of those incidents resulting in injuries, the U.S. product safety agency said. source https://www.nytimes.com/2025/06/07/business/bowflex-adjustable-dumbbells-recall.html

Trump Has Options to Punish Musk Even if His Federal Contracts Continue

The president could tighten federal oversight of the tech titan’s businesses, even if heavy reliance by the Pentagon and NASA on them makes terminating Mr. Musk’s contracts less feasible. source https://www.nytimes.com/2025/06/06/us/politics/trump-musk-spacex-contracts.html

Buyer With Ties to Chinese Communist Party Got V.I.P. Treatment at Trump Crypto Dinner

The warm welcome for a technology executive whose purchases of the president’s digital coin won him a White House tour illustrates inconsistencies in the administration’s views toward visitors from China. source https://www.nytimes.com/2025/06/06/us/politics/trump-crypto-dinner-china-he-tianying.html

Buildup to a Meltdown: How the Trump-Musk Alliance Collapsed

President Trump’s decision to pull a close associate of Elon Musk’s out of the running to lead NASA helped doom an extraordinary partnership. source https://www.nytimes.com/2025/06/06/us/politics/trump-musk-split-nasa.html

A Party Celebrates the Opening of David Kuhn’s Chez Nous Restaurant

David Kuhn, a book agent and former magazine editor, opened Chez Nous as an extension of a life spent curating reality. source https://www.nytimes.com/2025/06/05/style/chez-nous-david-kuhn.html

Marina von Neumann Whitman Dead: International Trade Expert Was 90

She was the first woman to serve on the White House Council of Economic Advisers. At General Motors, she became one of the highest-ranking women in corporate America. source https://www.nytimes.com/2025/06/05/business/economy/marina-von-neumann-whitman-dead.html

Here’s the latest.

The open acrimony between the two men comes after the billionaire denounced President Trump’s signature domestic policy bill as an “abomination.” source https://www.nytimes.com/live/2025/06/05/us/trump-elon-musk/trump-musk-policy-bill

Cargo Ship Carrying Electric Vehicles Burns Off Alaska

The U.S. Coast Guard said it would allow the fire to burn because the cars’ lithium-ion batteries could explode. The ship’s crew escaped on a lifeboat. source https://www.nytimes.com/2025/06/05/us/alaska-fire-ship-electric-vehicles.html

U.S. Is Trimming Back Its Collection of Consumer Price Data

The cutbacks would have “minimal impact,” the government said, but economists warned of reduced confidence in inflation data produced by a struggling statistical system. source https://www.nytimes.com/2025/06/04/business/bls-price-data-collection.html

How Higher Tariffs on Steel and Aluminum Will Affect Companies

Home builders, car manufacturers and can makers are among those that will see higher prices for materials. Those companies could charge customers more. source https://www.nytimes.com/2025/06/04/business/economy/trump-tariffs-steel-aluminum-companies.html

The Washington Post Plans an Influx of Outside Opinion Writers

A new program, known internally as Ripple, would open The Post to journalists at other publications and influential writers on Substack. source https://www.nytimes.com/2025/06/03/business/media/washington-post-opinion-ripple.html

‘Jeopardy!’ and ‘Wheel of Fortune’ Are Coming to Hulu and Peacock

Starting in September, new episodes of the popular game shows will be available on both Hulu and Peacock the day after they air on broadcast TV. source https://www.nytimes.com/2025/06/03/business/media/jeopardy-wheel-of-fortune-hulu-peacock.html

TikTok Bans #SkinnyTok After European Regulators Raise Concerns

Officials in Europe worried that the app was glamorizing eating disorders. The ban is TikTok’s latest effort to counter criticism about its effect on teen mental health. source https://www.nytimes.com/2025/06/03/business/tiktok-skinnytok-ban.html

Tesla Protesters Claim a Victory as Elon Musk Leaves Trump’s Side

The activists behind the Tesla Takedown campaign say they intend to expand beyond protests at the company’s showrooms. source https://www.nytimes.com/2025/06/03/business/elon-musk-trump-tesla-protests.html

Trump’s Tariffs Expected to Drag Down the Global Economy

Economic growth will slow this year and next as the trade war hampers development in the United States and around the world, the Organization for Economic Cooperation and Development said. source https://www.nytimes.com/2025/06/03/business/trump-tariffs-oecd.html

How Low Will the Dollar Go?

Trade-war angst has put pressure on the greenback this year. Wall Street thinks it’s about to get worse. source https://www.nytimes.com/2025/06/03/business/dealbook/dollar-trump-deficit-tariffs.html

What We Can Learn About Xi’s Rule by Studying His Father’s Life

Xi Zhongxun was purged by the Communist Party he served and went on to help reform Chinese politics. His son is the most authoritarian leader since Mao. source https://www.nytimes.com/2025/06/03/business/xi-zhongxun-biography-father.html

Are A.I. Data Centers a Sure Thing or the Next Real Estate Bubble?

Private equity firms like Blackstone are using their clients’ money to buy and build data centers to fuel the artificial intelligence boom. source https://www.nytimes.com/2025/06/02/business/ai-data-centers-private-equity.html

China Rejects Trump’s Accusation That It Violated Trade Truce

In response to President Trump’s claim, China said the United States was the one introducing a series of “discriminatory restrictive measures.” source https://www.nytimes.com/2025/06/02/world/asia/china-trump-trade-truce.html

U.S. Dependence on China for Rare Earth Magnets Is Causing Shortages

The United States allowed its rare earth metals industry to move to China and could now face severe economic disruption as China limits crucial supplies. source https://www.nytimes.com/2025/06/02/business/china-rare-earths-united-states-supplies.html

Snack Maker Sues Aldi Grocery Chain Over Look-Alike Product Packaging

Mondelez International, a corporate giant behind the name-brand versions of many snacks, contends that Aldi is mimicking its packaging to dupe customers. source https://www.nytimes.com/2025/06/01/business/mondelez-aldi-packaging-lawsuit.html

Stanley Fischer, Who Helped Defuse Financial Crises, Dies at 81

He was the No. 2 at the Federal Reserve and the I.M.F. during periods of economic turmoil, and he mentored future economic leaders, like Ben Bernanke. source https://www.nytimes.com/2025/06/01/business/stanley-fischer-dead.html

How Chain Restaurants Like Chili’s Suddenly Became Cool Again

Many casual dining restaurants whose heydays were thought past are attracting younger customers charmed by memories of family meals and stability. source https://www.nytimes.com/2025/06/01/business/chilis-chain-restaurants-popularity-economy.html