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Social Security Disability, a Financial Protection for Some Workers, Is at a Crossroads11:13 The benefits provide important economic support for older people who cannot work. The White House recently halted changes to the program that had worried some experts. Elon Musk’s SpaceX Valued at $800 Billion, as It Prepares to Go Public2:13 A sale of insider shares at $421 a share would make Mr. Musk’s rocket company the most valuable private company in the world, as it readies for a possible initial public offering next year. Canadians Rush to Buy Stockpiles of Boycotted U.S. Liquor23:02 Four Canadian provinces are selling off the American liquor they pulled from shelves in protest over President Trump’s tariffs. Some bourbon drinkers are thrilled. Arthur L. Carter, 93, Dies; Investment Banker Founded a Cheeky Newspaper19:18 After making a fortune on Wall Street, he bought The Nation magazine and founded The New York Observer, which one writer called a “maypole of Manhattan gossip and intrigue.” Businesses Are Cashing In on Trump’s Tax Cuts17:42 Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it. Cooling Labor Market and Elevated Inflation Stoke Fed Divisions16:38 Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point. A Seized Oil Tanker and the Big Business of Dark Fleet Smuggling16:38 The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the tankers that secretively move oil from sanctioned countries. Russia Sues Holder of Frozen Assets Europe Wants for Ukraine Loan15:28 The lawsuit was a warning to European officials who are racing to agree to a plan to use Russian government assets in Europe to lend money to Ukraine. Elon Musk Tests Europe’s Willingness to Enforce Its Online Laws15:28 Backed by White House officials, the tech billionaire has lashed out at the European Union after his social media platform X was fined last week. Should You Donate to Charity This Year or Wait? It Depends.15:28 Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize. Questions About Larry Ellison’s Financing Pledge for Paramount’s Bid for Warner Bros.14:24 The Oracle co-founder has pledged billions to finance Paramount’s takeover bid for Warner Bros. Discovery — which has questions about his commitment. Historic Shift Underway in China’s Economy as Investment Slump Deepens12.prosince Investment in manufacturing, infrastructure and property is expected to fall this year, a remarkable turn for an economy whose growth reshaped the world. Paramount Says Money Is No Object. Warner Bros. Isn’t Convinced.12.prosince Larry Ellison is backstopping Paramount’s bid for Warner Brothers, but Warner Brothers is concerned that the billionaire has not provided a personal guarantee to pay. |
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