The New York Times |
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Allowing Iran to Charge Fees in Strait of Hormuz Would Set ‘Dangerous Precedent,’ Maersk CEO Says17:25 With the United States and Iran nearing a deal to reopen the Persian Gulf, the mega shipping firm is treading cautiously. Oil Prices Waver as Traders Hope the Strait of Hormuz Will Reopen14:33 Traders are waiting for U.S. and Iranian officials to meet in Switzerland on Friday, when they are expected to sign an initial agreement and being a 60-day cease-fire. SpaceX’s Growing Warchest14:33 Shares in Elon Musk’s SpaceX have been on a tear, giving the rockets and artificial intelligence company financial resources to box out competitors. Prediction Markets’ Next Major Bet: Wall St. Traders14:33 Platforms like Kalshi let millions wager on sports and pop culture. They’re now hoping institutions will use them for big-ticket trading like hedging. Japan Raids Ice Cream Giants in Cartel Investigation13:23 The Fair Trade Commission said that it suspected six leading ice cream manufacturers fixed the prices of popular frozen treats. Britain’s Finance Chief Confronts the Political Challenges of Fiscal Stability11:39 Rachel Reeves came into office promising to adhere to strict rules on spending and borrowing. Two years later, a special election could determine if she will continue in her role. The U.S. Economy Is Leaving Small Businesses Behind11:39 Small businesses say relentless pressures from tariffs and higher energy prices have sapped their resilience and finances. ‘Backrooms’ and ‘Obsession’ Disrupt the 2026 Summer Box Office11:39 “Backrooms” and “Obsession,” two breakout horror films from first-time directors in their 20s, have arguably redefined what a summer blockbuster can be. |
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