The New York Times |
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China’s Economy Grows at Slowest Pace in Years6:18 Economic growth of 4.3 percent in the second quarter, versus the same period last year, reflected a broad slump outside of the country’s export-oriented manufacturing might. Tech Investors and Longevity Influencers Back Neko Health’s Mega Round6:18 The health tech start-up co-founded by Spotify’s Daniel Ek is worth billions more after a new $700 million funding round. Data Centers to Add Billions in Power Costs in 13 States4:09 A power auction conducted by a giant grid operator is expected to add $6.3 billion in additional charges to consumers and businesses because of electricity needs of data centers. Public Health Groups Sue F.D.A. Over Flavored E-Cigarette Policy4:09 Executives unhappy with the agency donated and lobbied President Trump directly. Major companies have already begun to prepare and ship new products. Chipotle Is Bringing Its Mexican-Inspired Fast Food to Monterrey, Mexico3:06 The California-based restaurant chain is opening its first location south of the U.S.-Mexico border this week, bringing its bowls and burritos to Monterrey. Trump Flip-Flops on Strait of Hormuz, Creating New Risks for Global Economy2:34 The president now wants Gulf nations to invest in the U.S. in exchange for safe passage. Shipping industry experts worry other nations will follow that lead. Top Tax Official to Leave Trump Administration1:31 Ken Kies, who held two top jobs at the Treasury Department and the I.R.S., is leaving the government. Warren Buffet Declines to Donate to Gates Foundation Amid Epstein Revelations23:56 The decision by the Berkshire Hathaway founder comes in the wake of Epstein revelations that have troubled the Gates Foundation. Leonard Abramson, Health Care Innovator and Philanthropist, Dies at 9321:49 He created U.S. Healthcare, one of the first H.M.O.s, and used his great wealth from the sale of the company for causes like advancing cancer research. Trump Paid $2 Million by South Korean Company Facing Trade Investigation21:49 The payment illustrates the minefield Mr. Trump has created by maintaining personal financial ties with foreign businesses while he is in office. White House Cheers Inflation Data While Iran War Sparks New Price Surge21:17 The news of an improvement in consumer prices in June came as the U.S. and Iran escalated attacks, risking a return to high energy prices. Inflation Slowed During Pause in War With Iran17:03 The Consumer Price Index fell to a 3.5 percent annual increase in June, and prices marked their biggest drop from a month earlier since 2020. The Fed’s new chairman is asking for advice.16:31 Five new task forces are focused on topics that Kevin M. Warsh, the chairman of the Federal Reserve, has said are “central to the broad conduct of monetary policy.” |