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Nicolai Tangen Manages Trillions of Dollars, but His Podcast Made Him Famous6:35 Nicolai Tangen wanted to raise the profile of Norway’s $2.1 trillion oil fund and change corporate behavior, but he may have helped embroil it in a geopolitical tangle. Trump Orders Fannie and Freddie to Buy $200 Billion in Mortgage Bonds1:50 The move, a bid to make homes more affordable, would be a back-to-future moment for the two mortgage firms. Buying risky mortgage bonds helped push them to near-bankruptcy in 2008. G.M. Books a $7.1 Billion Loss as It Scales Back E.V. Ambitions22:38 General Motors said it was writing down the value of battery and electric vehicle factories after changes in federal policy undercut demand. Polymarket Won’t Pay Users Who Bet on a U.S. Invasion of Venezuela22:07 Polymarket users bet on whether the U.S. would invade Venezuela, but the prediction market said the Venezuelan president’s capture did not constitute an invasion. Democratic lawmakers ask for an investigation of the Middle East envoy Steve Witkoff.20:31 The request by a group of Congress members cites reporting by The Times and echoes a similar request by Democratic senators in September. U.S. Trade Deficit Fell to Lowest Level Since 2009, Latest Data Show15:10 The monthly trade deficit continued to shrink in October after President Trump imposed sweeping tariffs on foreign imports. The (Many) Wrinkles in Trump’s Vision for Venezuela15:10 President Trump appears committed to laying claim to Venezuelan oil for a long time. But there are plenty of reasons for U.S. businesses to be wary. China Is Investigating Meta’s Latest A.I. Acquisition12:27 Regulators said they will look at whether the deal for Manus, a Singapore start-up with Chinese roots, complied with China’s export and investment rules. Minimum Wage Rises in Some States as Workers Struggle with Basic Costs11:22 This year, for the first time, more Americans will earn a minimum wage of $15 per hour or higher than will earn the federal minimum of $7.25 per hour. Push to Audit Private Equity and Venture Capital Falters Under Trump11:22 Specialists have left the I.R.S. and audits have been abandoned since the president returned to office. Mamdani Hosts Influencer Summit, Sidestepping Traditional Media8.ledna A friendly summit at New York’s City Hall with digital content creators and social media stars symbolized the new mayor’s attitude toward the changing news media. Google and Character.AI to Settle Lawsuit Over Teenager’s Death7.ledna The settlement came in the case of a 14-year-old in Florida who had killed himself after developing a relationship with an A.I. chatbot. Trump Says He Wants Congress to Stop Wall St. From Buying Single-Family Houses7.ledna The president said he wanted Congress to stop big investors from buying the houses, which has driven up rents and set obstacles for first-time buyers in some markets. Pittsburgh Post-Gazette Announces It Will Cease Operations7.ledna The family-owned company that operates the newspaper cited mounting losses and labor constraints. A final edition is expected on Sunday, May 3. Bruce Crawford, Arts-Loving Adman Who Led the Met Opera, Dies at 967.ledna He helped build the ad agency BBDO International into a powerhouse before channeling his passion for opera into managing the Met and revitalizing Lincoln Center. |