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Roger Sweet, Creator of the He-Man Action Figure, Dies at 911:51 The musclebound character he developed as a toy designer for Mattel gave rise to the Masters of the Universe franchise and helped define the machismo of the 1980s. Why the U.A.E. is Quitting OPEC1:18 The United Arab Emirates is walking away from OPEC this May. The New York Times’ energy reporter, Rebecca Elliott, breaks down how the war with Iran provided the perfect opening for the U.A.E. to go solo. Fed Meeting Underscores Tough Task Ahead for Warsh23:42 Jerome H. Powell on Wednesday announced he would stay on as a governor at the central bank as internal divisions sharpen about the policy path forward. Ford Reports Higher Profit Thanks Partly to Tariff Refund22:39 Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that were later struck down by the Supreme Court. Meta Deal Reversal Deepens Split Between China and Silicon Valley22:07 Beijing’s insistence that Meta unwind its deal with a Chinese A.I. start-up marks an escalation in the geopolitical fight over advanced tech. Powell Says He Will Stay on as Fed Governor After Term as Chair Ends21:04 Jerome H. Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain at the central bank. How the Fed’s rate decision affects your finances.18:23 The central bank’s interest rate policy influences car and home loans, credit cards, savings accounts and more. Warsh Clears an Early Hurdle on Path to Fed Chair16:47 The Senate Banking Committee advanced Kevin Warsh’s nomination as Fed chair on Wednesday, teeing up the full chamber to hold a vote soon. Uber Expands to Hotel Bookings With Expedia Partnership16:47 In partnership with Expedia, the ride-booking, food-delivering, package-transporting service takes another step toward becoming a super app. Fidelity Won’t Let Donor-Advised Fund Holders Donate to Southern Poverty Law Center15:11 Fidelity cited the Justice Department’s recent lawsuit against the civil rights organization in emails to holders of its charitable-giving funds explaining its decision. |
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