The New York Times |
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How the Pentagon Is Getting Into the Venezuelan Oil Business Under Trump3:57 The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry, is helping lead President Trump’s oil deal. Shein’s Lackluster Debut Shows a Fast-Fashion Model Left Behind3:57 Squeezed by new trade rules, shrinking market share and labor concerns, Shein’s share decline in Hong Kong on Tuesday is a sign investors have moved on. Donald Trump Jr.’s Firm Leads $1 Billion Funding Round for Polymarket2:19 The new round values the prediction market at $21 billion, up from $15 billion. Mr. Trump’s firm, 1789 Capital, will invest around $300 million. Expedia Fights Off Claim for Damages by Cuban Exile Families1:12 A jury in Florida found that in their suit against the travel booking company, the plaintiffs had failed to prove ownership over tourism properties in Cuba. IRS Audit Revenue Has Plummeted Under Trump, Watchdog Finds21:50 The I.R.S. lost roughly a quarter of its employees since President Trump took office, hampering the agency’s ability to conduct audits. Kalshi Permanently Bars George Santos From the Platform18:06 The prediction market said it had barred George Santos, the former congressman from New York, and fined him $71,356 over evidence he engaged in insider trading. Private Equity Wants to Invest in College Sports. Some Schools Are Wary.17:31 As desperate as many athletic programs are for money, they are proceeding cautiously when it comes to deals with private equity. U.S. Start-Up Partners With Saudi Arabia for Data Center12:23 Together AI, which serves open-source artificial intelligence models, announced a deal to use compute from Humain in Saudi Arabia, where it can bypass U.S. backlash over data centers. Global Oil Price Rises to $90 a Barrel After U.S. and Iran Trade Attacks11:16 The first attacks in a month jolted energy markets. The average U.S. gasoline price remained 37 percent higher since the war began. G20 Finance Officials Gather in U.S. as Iran War Grips Global Economy11:16 The meeting is expected to focus on the ongoing economic shock from the war in Iran, which has driven up oil prices globally. A $480,000-a-Year Pill Reflects a New Normal for Cancer Drugs11:16 Rasonque, the new pancreatic cancer treatment from Revolution Medicines, illustrates the huge inflation in cancer drug prices over the past two decades. A Half-Price Luxury E.V. Comes With a Big Asterisk11:16 The Polestar 4 is a solid car, and current incentives make it a bargain. But the company, a Chinese-owned brand, is being forced from the U.S. market. Chinese Cars Could Be Huge in U.S., and That’s the Problem, Officials Say11:16 The Times test-drove a stunning crossover from Geely that would cost under half of what its rivals charge. Two senators and many experts point to security and economic concerns as reasons for a ban. U.A.E. To Review Banque Misr, Targeted by Iran Sanctions30.srpna The Treasury Department accused Banque Misr’s branches in the United Arab Emirates of helping Iran. The Emirati central bank promised an examination. A Mortgage Servicer Sent a Letter About an Address Change. Was It Deed Theft?30.srpna A letter arrived in the mail from PNC Bank about an address change on a mortgage account. Was a deed theft scheme in process? |