The New York Times – Business:
Defense Secretary Pete Hegseth said that the disruptions in the Strait of Hormuz were “something we are dealing with.” And about 2,500 Marines were headed to the Middle East to bolster the war effort.
Blog
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Judge Quashes Justice Dept.’s Subpoenas Targeting Federal Reserve Chair
The New York Times – Business:
Judge James E. Boasberg derided the U.S. attorney’s office in Washington for pursuing a case against Jerome H. Powell that appeared to be motivated by President Trump’s desire for vengeance.
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Change in Data Sources Led to Lower Inflation Reading
The New York Times – Business:
A methodological change contributed to a better-than-expected inflation report, prompting questions from some economists.
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Overlooked No More: Eleanor Abbott, the Creator of Candy Land
The New York Times – Business:
She invented the game nearly 80 years ago to distract children who were suffering in the hospital during a polio outbreak.
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Are You Using A.I. at Work? We Want to Hear From You.
The New York Times – Business:
Please tell us how you’re using A.I. tools to fulfill your job responsibilities. We may include your experiences in an article.
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Trump’s Move to Seize Oil Tankers Costs the U.S. Tens of Millions of Dollars
The New York Times – Business:
Although President Trump said seizing tankers would be a financial boon, the cost of maintaining just one aging ship has already reached $47 million.
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Lewis E. Lehrman, Store Chain Heir Who Ran for N.Y. Governor, Dies at 87
The New York Times – Business:
After helping his family’s Rite-Aid drugstore empire flourish, he waged a surprisingly close but losing race as a Reagan Republican against Mario Cuomo in 1982.
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How This Oil Supply Shock Compares With the Embargo of 1973
The New York Times – Business:
Governments have stockpiled oil, and cars are more efficient but the supply shock is global, and there’s no sense of when it’ll end.
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Pete Hegseth Says ‘the Sooner David Ellison’ Buys CNN, ‘the Better’
The New York Times – Business:
The remarks fueled concerns that CNN’s prospective new owner may shift its coverage in a Trump-friendly direction.
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The War in Iran Is Roiling the World, but Not the U.S. Stock Market
The New York Times – Business:
Investors say they are balancing the risks from oil disruptions against the many positives like strong corporate earnings and the likelihood that President Trump will end the war if it threatens markets.