The New York Times |
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At World’s Busiest Port, China’s Unbalanced Economy Comes Into View6:23 The shipping traffic and factories never stop in China’s port city of Ningbo, but the local housing market has crashed and nearby restaurants sit empty. In Beijing, British Prime Minister Sees ‘Huge Opportunities’4:48 Prime Minister Keir Starmer of Britain met with President Xi Jinping of China as he sought to promote business ties with the world’s second-largest economy. Microsoft Continues to Spend Big on A.I. While Profit Jumps 60 Percent22:56 The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 5 percent in after-hours trading. Tesla Profit Slumps, but Investors May Not Care22:24 The electric vehicle maker’s shares are near record highs as Wall Street focuses on the company’s plans for robots and self-driving cars. Amazon’s $35 Million ‘Melania’ Promotion Has Critics Questioning Its Motives20:16 The tech giant is spending $35 million to promote its film about the first lady, far more than is typical for documentaries. The Fed Is Waiting and Watching an Uncertain Economy18:41 Inflation is elevated but steady and the job market is holding up, leading economists to predict that the Federal Reserve will keep interest rates at current levels. 5 New Stylish Hotels for City Lovers16:00 New accommodations around the world allow you to soak up urban culture and immerse yourself in hotel creature comforts. Five Questions for Jerome Powell, the Fed Chair14:56 Succession drama, legal intrigue and political independence: These are top issues that DealBook would ask of the Federal Reserve chairman. Clay, an A.I. Sales Start-Up, Lets Employees Cash Out. Again.14:24 The company is part of a newer generation of software upstarts holding multiple tender offers where workers can sell stock before going public. Fed Meeting Comes at Pivotal Moment for Central Bank’s Independence11:10 The Trump administration has unleashed a barrage of attacks on the Federal Reserve, including a criminal investigation into its chair, Jerome H. Powell. What to Watch as the Federal Reserve Meets11:10 The central bank is expected to hold interest rates steady on Wednesday after a series of reductions in the latter half of 2025. The big question is how long the pause will last. |
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