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California’s Billionaire Tax Battle13:31 Wealthy residents of the state have put millions of dollars toward stopping a proposed 5 percent tax on their assets. Justice Dept. Legal Threat Complicates Trump’s Pick for Fed Chair10:19 An investigation of the Federal Reserve was thwarted on Friday, but a department appeal could reimpose an obstacle in Kevin Warsh’s path. When Changing Your Address Leads to Losing Your Medicare Coverage10:19 Using a post office box shouldn’t cost you your health insurance. But in one woman’s case, it sure seemed to. Why Little Was Done to Head Off Oil’s Strait of Hormuz Problem10:19 Geography and regional rivalries have prevented Gulf countries from finding a true alternative to the strait, which the war with Iran has effectively shut down. America Depends Less on Oil Than Ever10:19 Gasoline still drives household budgets, but energy efficiency and renewables have reduced the economy’s overall reliance on petroleum. Fears of ‘Cockroaches’ in the Private Credit Market10:19 Wall Street figures are turning to colorful metaphors, including invoking the hated insect, to express caution about the $3 trillion risky-lending market. When Your Apple Watch Becomes an Office Taskmaster10:19 A proliferation of data from wearable technology is telling people how to optimize their job performance. Is that a good thing? How Jeff Bezos Upended The Washington Post10:19 The billionaire newspaper owner, dissatisfied by years of losses, wants the newsroom to double productivity with half its budget. Surge in Oil Prices Shakes Pakistan’s Already Fragile Economy5:30 Families preparing for Eid al-Fitr and farmers ready for harvest are being squeezed in a country that gets nearly all its oil through the Persian Gulf. China’s Edge in an Oil Shock: Electric Cars and Renewables5:30 Beijing’s decades-long push to reduce its dependence on foreign oil with huge investments in clean energy sources like electric vehicles is now paying off. TikTok Investors Set to Pay $10 Billion Fee to Trump Administration3:21 The large fee is the latest example of the White House’s inserting itself into corporate deal making in unusual and aggressive ways. Jared Kushner Solicits Funds for His Firm While Working as Mideast Envoy2:17 President Trump’s son-in-law is trying to raise $5 billion or more from foreign governments and others for his private equity firm. The Fall of Noma’s Chef Reverberates in the Restaurant World0:09 In the industry where René Redzepi reigned, fellow chefs are debating how, and how much, restaurant kitchens can change. Chemical Smell at Control Center Halts Traffic at Washington and Baltimore Airports23:29 The ground stop is expected to last until about 7 p.m., according the F.A.A., which said the smell had affected air traffic controllers. U.S. Vows to Block Iran’s Attempt to Shut Down Strait of Hormuz23:29 Defense Secretary Pete Hegseth said that the disruptions in the Strait of Hormuz were “something we are dealing with.” And about 2,500 Marines were headed to the Middle East to bolster the war effort. |
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