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Europe Union Lawmakers Approve Much-Delayed Trade Deal With U.S.15:50 After nearly a year of wrangling, the deal the European Union struck with President Trump in Turnberry, Scotland, is headed for final approval. Riding High After I.P.O., SpaceX to Buy A.I. Start-Up for $60 Billion15:14 SpaceX exercised its option to acquire Cursor in an all-stock deal, bolstering Elon Musk’s ambitions in artificial intelligence. Big Questions for Warsh as New Era for the Fed Begins14:05 Interest rates, inflation, independence are among the challenges the new chairman of the Federal Reserve faces as the central bank’s policymakers meet. Warsh Faces Tenuous Balancing Act in First Fed Meeting as Chairman11:13 Elevated inflation and the specter of rate increases will greet Kevin M. Warsh in his debut as chairman of the Federal Reserve. The Iran War Permanently Altered the Global Economy11:12 The global order has been altered, and economies are unlikely to simply pick up where they left off before the U.S. and Israel began bombing Iran. A.I. Boom Ignites Asian Chip Companies11:12 They make much of the gear that goes into giant data centers. Demand for their products is shifting the balance of tech power. Gas Prices May Remain High Despite US-Iran Deal11:12 The preliminary agreement may not have an immediate effect on prices at the pump. Damaged infrastructure and risky transport could keep costs up. Japan Raises Rates to 31-Year High to Ward Off War Inflation6:48 Going against Prime Minister Takaichi’s wishes, Japan’s central bank acted amid U.S. pressure, a tanking currency and inflation from energy disruptions. China’s Spending Slowdown Deepens as Households Tighten Their Belts6:48 The unexpected decline in retail sales underscored China’s growing reliance on exports to sustain economic growth as domestic demand continues to falter. How Kratom, an Addictive Gas Station Drug, Found Allies in Trump’s Cabinet23:35 With support from Markwayne Mullin and Robert F. Kennedy Jr., the kratom industry is pursuing a potentially lucrative policy. Mr. Mullin owns equity in a company that could benefit. Will SpaceX Fortunes Trickle Down to This Texas Town?19:34 Elon Musk built a huge complex outside the city of Bastrop, population 14,000. Its residents now wonder what the historic SpaceX initial public offering might mean for them. Deal to Reopen Hormuz Kicks Off Long Effort to Ease Energy Crisis15.června The pace of the recovery will depend on how confident companies are that the deal between the United States and Iran will hold and be extended. SpaceX’s Stock Rises Ahead of First Full Day of Trading15.června After notching big gains on its debut on Friday, the company’s shares jumped again on Monday before the market opened. |
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