The New York Times – Business:
Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that were later struck down by the Supreme Court.
Blog
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Meta Deal Reversal Deepens Split Between China and Silicon Valley
The New York Times – Business:
Beijing’s insistence that Meta unwind its deal with a Chinese A.I. start-up escalates the geopolitical fight over advanced tech.
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Powell Says He Will Stay On as Fed Governor After Term as Chair Ends
The New York Times – Business:
Jerome H. Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain at the central bank.
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Bill Ackman’s I.P.O., Pershing Square USA, Raises $5 Billion
The New York Times – Business:
The initial public offering of Mr. Ackman’s new fund, Pershing Square USA, raised $5 billion.
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World Bank estimates energy prices will surge 24 percent in 2026.
The New York Times – Business:
Iran war is fueling inflation and slowing growth around the world, according to a new report.
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How the Fed’s rate decision affects your finances.
The New York Times – Business:
The central bank’s interest rate policy influences car and home loans, credit cards, savings accounts and more.
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Warsh Clears an Early Hurdle on Path to Fed Chair
The New York Times – Business:
The Senate Banking Committee advanced Kevin Warsh’s nomination as Fed chair on Wednesday, teeing up the full chamber to hold a vote soon.
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United Airlines CEO, Rebuffed by American, Says He’s Skeptical of Other Deals
The New York Times – Business:
The chief executive, Scott Kirby, said that buying a smaller airline might not be worth the effort.