The New York Times |
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Tech Stocks Plunge as Doubts Over A.I. Spending Intensify12:23 Tech stocks plunged, led by a steep drop in South Korea’s benchmark index, as concerns over soaring A.I. spending and stubborn inflation fueled a sell-off. Attacks on Tankers in Mideast Surge, but Oil Exports Remain Steady11:16 Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed. Chinese Carmakers, Once a Sideshow, Take Center Stage at Paris Motor Show11:16 At this week’s Paris Motor Show, there are no signs the influx of low-cost Chinese vehicles will slow despite European Union efforts. Tesla Debuts 2026 Roadster, an EV Sports Car at Least $200,00011:16 Elon Musk’s company and other automakers, like Jaguar and Bentley, are trying to sell very expensive electric cars to people who usually prefer gasoline-fueled luxury and performance. Families of Sailors Killed in Gulf Struggle for Compensation and Closure11:16 Attacks near the Strait of Hormuz have claimed the lives of at least 25 seafarers. Their survivors are reeling. Battle Over the Pierre Ends in Defeat for the Buyer Pushed by Lutnick23:35 Motasem Khashoggi, who hails from a prominent Saudi family, missed a Tuesday deadline to deliver a $100 million deposit to purchase the Manhattan landmark. Energy Department Order Takes Aim at Mid-Atlantic Blackout Risk21:26 The order as a precaution allows grid operators to use backup generation this week. There were no widespread outages reported. Why Easing Sanctions on Russian Diesel Is Unlikely to Lower Fuel Costs20:23 President Trump’s deal with Russia will probably not lower diesel prices that have soared because of his war with Iran and Ukrainian attacks on Russian refineries. Netflix, Facing Slowing Growth, Cuts 6% of Its Work Force18:15 The streamer’s share price is down more than 40 percent over the last year as the company has struggled with stalling engagement. Democrats Blame Trump After CPI Report Shows Energy Prices Drove Up Inflation17:43 Inflation and economic frustrations have expanded the map of competitive midterm election districts deep into Republican territory. Higher Energy Prices Lift U.S. Inflation Ahead of Midterm Elections17:43 September’s Consumer Price Index report will keep pressure on President Trump and the Federal Reserve to tame intensifying price pressures. What Is Starshield, SpaceX’s Military-Grade Satellite Internet Service?17:11 For years, Ukraine’s armed forces have relied on satellite communication services developed by Elon Musk’s SpaceX. Recent restrictions have hampered its war effort. Surging Inflation Complicates Trump’s Final Push to Sell Voters on Strong Economy16:06 The final inflation report before the 2026 election — showing price increases and stagnant wages — spelled bad political news for the White House. |