The New York Times |
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Egg Producers to Pay $3.3 Million to Settle Federal Price-Fixing Lawsuit0:03 The companies also agreed to donate more than 53 million eggs to food banks and nonprofits in 17 states that joined the federal government in the antitrust action. Less Than 10 Percent of Eligible Children Have Trump Accounts22:22 More than six million have been signed up for the investment accounts, which open for contributions July 4, but there are barriers to uptake. US Job Market Makes Slower but Steady Gains, June Employment Data Shows18:23 Employers added fewer jobs in June than a month earlier but the unemployment rate ticked down, a decent showing for the U.S. economy. As U.S. Faces Extreme Heat, Data Centers Are Ordered to Use Backup Power to Prevent Blackouts17:50 As triple-digit heat engulfs much of the United States, the Trump administration wants grid managers to require the use of backup power that often goes unused. What Private Credit Is, and Why Investors Are So Worried About It17:14 Some say the industry expanded too quickly and extended loans to companies that won’t be able to pay them back. Private Credit Can’t Stop the ‘Freak Out’17:14 On Thursday, Blue Owl reported another quarter of double-digit investor withdrawal requests from some of its private credit funds. Labor Market Not a Source of Inflationary Pressure, Latest Report Shows16:05 The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve chairman, room to focus on fighting inflation. Tesla Sales Surge as Sales Recover in Europe15:31 Price cuts helped the electric automaker rebound in Europe in the second quarter, offsetting declines in the United States. Why the Jobs Market Has Wall Street and Washington on Edge14:21 A rebound in hiring has put more pressure on the Federal Reserve to raise interest rates. New jobs numbers are scheduled for release on Thursday. A.I. Is Reshaping the Economy. Good Luck Measuring How.11:29 Some data suggest artificial intelligence is already causing job losses. Other sources show the opposite. Why is it so hard to figure out what’s going on? Jaguar’s Electric Future: Curves Are Out, and Blunt Is In11:29 The storied British automaker is going all-electric, and this fall it will unveil its new flagship, with deliveries coming next year. The strategy is distinctive but risky and has drawn some prominent detractors. Chanel Is Buying Charvet, the World’s Oldest Shirt Maker7:37 The French luxury group is acquiring Charvet, a Parisian brand that dates to the 1830s, in a bid to add some men’s wear savoir-faire to its portfolio. Trump Administration Delivers Lucrative Win for Its Kratom Allies1:37 In moving to ban a potent synthetic version of kratom, the president’s team paved the way for more sales for makers of rival botanic supplements, who had aggressively lobbied for the change. Crypto Brought Trump a Huge Windfall, Even as Many Investors Lost Big1.července President Trump and his family reaped vast financial rewards from a memecoin that generated losses for hundreds of thousands of investors. |