The New York Times – Business:
A federal judge gutted a set of rules that were adopted after the court declared an earlier press policy unconstitutional, in a case brought by The New York Times.
Blog
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Labor Secretary Faces Civil Rights Complaints From Department Staff
The New York Times – Business:
Three employees described a hostile work environment under Labor Secretary Lori Chavez-DeRemer.
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White House and Crypto Industry Fight Bank Lobby Over Stablecoin Income
The New York Times – Business:
The Trump administration backed a proposal for stablecoin issuers to offer yield to investors.
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Volkswagen to End E.V. Production at Tennessee Plant
The New York Times – Business:
The German carmaker is the latest to scale back plans for electric vehicles in favor of gasoline models.
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I.M.F. Says Iran War Will Drag Global Growth Lower
The New York Times – Business:
Kristalina Georgieva, the head of the International Monetary Fund, said the war in the Middle East could lead to another bout of inflation and higher interest rates.
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David B. Cornstein, Envoy Who Built U.S. Ties to Orban, Dies at 87
The New York Times – Business:
A former jewelry-counter magnate, he served in Hungary under his friend President Trump, strengthening relations between the two countries as Orban tilted rightward.
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America’s Furniture Stores Struggle to Survive a Frozen Housing Market
The New York Times – Business:
Retailers are going bankrupt and liquidating as record-low housing turnover leaves fewer customers looking to furnish homes.
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How the Strait of Hormuz Stifled a Market Rally
The New York Times – Business:
Questions about how freely ships can pass through the waterway have pushed up oil prices and weighed on stocks.
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Fed’s Inflation Woes Preceded the War With Iran
The New York Times – Business:
An energy shock stemming from the fighting has added a layer of complexity to the Federal Reserve’s decision-making around interest rates.
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Markets Have Faced a Year of Chaos and Still Done Awfully Well
The New York Times – Business:
Most stock investors have lost money during the Iran war, but returns have been splendid for the year since the “Liberation Day” tariff announcement.