Kevin Warsh, the Federal Reserve chairman, speaks to reporters at a news conference in Washington, June 17, 2026. Minutes from Warsh’s first Federal Reserve meeting as chairman were significantly pared down compared with those released under his predecessors. (Anna Rose Layden/The New York Times) By COLBY SMITH A few officials at the Federal Reserve said they could have supported raising interest rates at their meeting in June to address resurgent inflation, according to minu

The Nasdaq ended sharply higher ⁠on ⁠Thursday, as Micron Technology fueled a rally ⁠in chip stocks that eclipsed fears that renewed U.S. and Iranian attacks might prolong the ​Middle East conflict and fuel inflation. Tehran said it hit U.S. military targets in Kuwait, Qatar and Bahrain following U.S. strikes against Iran on Wednesday. The PHLX ‌chip index surged 3.06%, up for a ‌second straight session. The Dow and the S&P 500 also closed higher. Micron Technology jumped 4.5%

Cargo containers at the Port of Seattle in Washington State on Dec. 30, 2025. Imports of foreign goods, including pharmaceuticals and equipment for data centers, hit a record high in May 2026, pushing the monthly trade deficit to its highest level in over a year. (Ruth Fremson/The New York Times) By ANA SWANSON The United States trade deficit in goods and services widened to $77.6 billion in May as the U.S. imported more goods than it sold abroad. Imports rose, climbing 3.3%

Global investors had a stark reminder of how quickly the oil market can reignite ⁠concern ⁠about inflation and volatility, after U.S. President Donald Trump said ⁠on Wednesday that an interim agreement with Iran to end the war “is over”. Inflation-sensitive assets such as bonds and gold tumbled in the face ​of a 5% surge in oil. “It’s a big wake-up call for markets,” said Aneeka Gupta, director of macroeconomic research at Wisdomtree. The expectation had been “that we were li

By JENNY GROSS Traffic through the Strait of Hormuz bounced back last week after a weekend slowdown prompted by a flare-up in strikes between Iran and the United States. According to data from Kpler, a maritime tracking firm, 40 ships transited the waterway, up from 24 the previous day and 39 on Saturday. Vessels started moving in larger numbers last week after the United States and Iran agreed to a ceasefire and a 60-day period of negotiations on a deal to end the war. Last

Attendees gather at the Anthropic’s Code W/ Claude event in San Francisco, May 7, 2026. The Commerce Department lifted restrictions on all of Anthropic’s artificial intelligence models on Tuesday, June 30, 2026, allowing the company to bring its most powerful AI technologies back online, according to a letter from the government to the company that was viewed by The New York Times. (Jason Henry/The New York Times) By SHEERA FRENKEL and ANA SWANSON The Commerce Department lift

The S&P 500 ended lower on Tuesday, weighed down by ‌losses in Micron Technology and other chipmakers due to mounting doubts about the sustainability of Wall Street’s AI-driven rally. Chip stocks in Asia and the United States dropped after memory chip giant Samsung Electronics’ (005930.KS), opens new tab blowout earnings report failed to satisfy investors ​with sky-high expectations. Micron (MU.O), and Sandisk (SNDK.O), both fell, pulling the PHLX chip index (.SOX), lower. Ad

The Alvin W. Vogtle Electric Generating Plant in Waynesboro, Ga., May 6, 2025. The Nuclear Regulatory Commission on Wednesday, July 1, 2026, proposed overhauling its safety rules for radiation exposure from nuclear power plants, saying that the current regulations are too costly and go beyond what is needed to protect human health. (Audra Melton/The New York Times) By BRAD PLUMER The Nuclear Regulatory Commission last week proposed overhauling its safety rules for radiation e

The S&P 500 and Nasdaq ended ⁠sharply ⁠higher on Monday, with Broadcom and other chip ⁠stocks rallying as investors bought shares in companies related to artificial intelligence that are expected to drive a ​strong second-quarter earnings season. Broadcom jumped 3.7% after the chipmaker and Apple agreed to extend a deal through 2031 to develop and supply a range of custom chips. The S&P ‌500 information technology sector index climbed 1.3%, while the ‌Philadelphia SE Semicond

Investors in the coming week will seek clues about the likelihood of impending interest-rate hikes and early signs of a pivotal earnings season as they gauge the strength of the U.S. stock ​market’s rally. The second half of 2026 kicked off this week much the same as the first half ended, with rocky performances of heavyweight technology shares swaying ‌major indexes. Minutes from last month’s eventful Federal Reserve meeting, as well as earnings from Delta Air Lines (DAL.N),