The New York Times |
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Trump Picks Kevin Warsh as Next Fed Chair19:46 If confirmed by the Senate, Kevin M. Warsh, a former governor at the central bank, will replace Jerome H. Powell, whose term as chair ends in May. In a Bid to Kick-Start Growth, Britain Turns to China19:14 Buffeted by tariffs and trade tensions, Prime Minister Keir Starmer took British business leaders to China and emerged with deals on visas and Scotch whisky, as well as pledges to deepen ties. Kevin Warsh, Trump’s Choice for Fed Chair, Could Find It Difficult to Deliver18:10 Kevin M. Warsh, whom Mr. Trump tapped to become the next chair of the Federal Reserve, could face fierce resistance if he tries to pursue substantially lower borrowing costs. Tesla’s Model S, Soon to Be History, Changed the Auto Industry17:06 The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X. Tips for Lowering Your Credit Card Interest Rate15:29 The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt. Your ‘Safe’ Stock Funds May Be Riskier Than You Think15:29 The U.S. stock market has become so concentrated that even broad index funds are no longer well diversified, our columnist says. A Challenge for Britain’s Royal Mail: Proving It Can Deliver the Mail14:57 Late letters are causing distress to some in Britain and fueling criticism of its 500-year-old postal service. Will Kevin Warsh Do What Trump Wants?14:25 Some investors are worried that President Trump’s nominee to run the Federal Reserve may not be a guaranteed “yes” on cutting interest rates. Chevron Points to Venezuela’s Promise as Big Oil Earnings Fall12:47 The two largest U.S. oil companies, Chevron and Exxon Mobil, reported their lowest annual profits in years. Hollywood’s North Road Studio Acquired by a European Production Giant12:47 Peter Chernin, an industry veteran who founded North Road in 2022, said his deal with Mediawan met a need to get bigger in an era of consolidation. How DoorDash and Other Food Delivery Apps Are Reshaping Mealtime in the U.S.11:10 Almost three of every four restaurant orders in the U.S. weren’t eaten in a restaurant, according to recent data. We spoke to readers who are devoted to delivery but question the costs. Lukoil Gas Station Franchisees Caught in a Fight Between US and Russia11:10 After the United States imposed sanctions on Russia’s two biggest oil producers, the ripple effects wreaked havoc on business for local franchisees. Can Josh D’Amaro Break Disney’s Succession Curse?11:10 Josh D’Amaro is widely considered a front-runner to be the company’s next C.E.O. His biggest challenge might be escaping Bob Iger’s shadow. Trump Is Expected to Announce Kevin Warsh as Fed Chair11:10 President Trump is set to announce his choice to replace Jerome H. Powell as chair of the Federal Reserve, saying it is someone “known to everybody in the financial world.” Panama Court Strikes Down Hong Kong Firm’s Canal Contract6:22 President Trump has said he wants American control of the canal, putting the longtime ports operator, CK Hutchison, in the cross-hairs of the U.S.-China trade conflict. |