The New York Times |
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More Fed Officials Lost Patience About Elevated Inflation at Latest Meeting20:25 Minutes from the Federal Reserve’s July gathering showed broadening support for higher borrowing costs to stamp out lingering price pressures. Stripe Buys A.I. Start-Up OpenRouter for $7.5 Billion19:53 The deal is significant for the artificial intelligence industry, uniting Stripe’s payments business with OpenRouter’s helping businesses direct their spending on A.I. models. Rebel Ice Cream Files for Bankruptcy After Van Leeuwen Wins Packaging Suit18:49 The announcement comes less than a month after a federal judge ordered Rebel to pay nearly $24 million to Van Leeuwen for copying the design of its containers. Markets Rally After U.S. Treasury Tries to Ease Bond Market Stress17:45 Government bond yields fell and stocks jumped on a move by the Treasury Department to double the amount of debt that it can buy back from investors. How the U.S. Navy Is Helping Get Oil Through the Strait of Hormuz17:13 With Iran making ship traffic perilous, a U.S. operation offers a way out for some energy exports, stealthily shepherding tankers on dangerous journeys. The Rising Stakes of the Global Bond Rout14:02 There were already several factors rattling investors. A further rise in bond yields is making things more expensive for everyone. Many Student Loan Borrowers May Have to Switch to Worse Repayment Plans11:20 In an usual move, Congress worsened terms for some existing borrowers. Now they’ll have to pay more, and for a longer term. Europe Hurries to Fund More Cutting-Edge Businesses to Compete with China and U.S.11:20 European governments, facing a nearly $1 trillion gap in investment funding, are casting a wide net to back start-ups developing pioneering technologies. The ‘Betting Coup’ Shaking Up Horse Racing11:20 When several horses wildly outperformed the odds at tracks at Saratoga and the Jersey Shore, bookmakers in London were stung and industry watchers suspected an elaborate plot. How the Iran War Made Africa’s Richest Man Even Richer11:20 Africans have turned to one of their own for fuel as the world’s supplies run low. But they are not the only ones with the continent’s richest man on speed dial. How Wall St. Profits When Personal Injury Lawsuits Pay Out11:20 Personal injury cases have exploded, in number and magnitude, funded by companies betting on a win — and offering investors a piece of the action. Trump to Nominate Heidi Overton, a Top Domestic Policy Aide, for F.D.A. Commissioner5:25 Dr. Overton is a fierce opponent of abortion rights and a supporter of Health Secretary Robert F. Kennedy Jr.’s Make America Healthy Again agenda. Chinese Robot Maker Unitree Soars 500 Percent in Trading Debut4:54 Unitree is the second major Chinese technology company linked to the country’s artificial intelligence boom to surge following its initial public offering in the past month. Tariffs on Hold as Trump Claims Deal With Canada Is Near4:54 President Trump announced a three-day delay on imposing 50 percent tariffs in a social media post on Tuesday night, roughly 90 minutes before the 12:01 a.m. deadline. |
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