Kevin Warsh, the Federal Reserve chairman, speaks during a news conference in Washington, June 17, 2026. New inflation data showing a modest easing of price pressures in July has given the Federal Reserve some breathing room as it considers raising interest rates at its policy meeting next month. (Anna Rose Layden/The New York Times) By COLBY SMITH New inflation data showing a modest easing of price pressures in July has given the Federal Reserve some breathing room as it con

German companies slashed investments in the United States to a three-year low in the first half of 2026, ​as Trump administration policies fed uncertainty between the transatlantic trading partners. First-half direct investments plunged ‌by nearly two-thirds year-on-year to €4.3 ‌billion ($5 billion), the lowest level since 2023, according to calculations by the German Economic Institute, or IW, seen by Reuters. Compared with the same period in 2024, ​that represents a drop o

The Paramount studio lot in Los Angeles, Nov. 7, 2025. Paramount’s merger with Warner Bros. would create a Hollywood colossus. (Ricardo Nagaoka/The New York Times) By BENJAMIN MULLIN, BROOKS BARNES and LAUREN HIRSCH David Ellison is making it clear that he’ll do just about anything to close his deal to buy Warner Bros. Discovery. Even if it means considering plans to take his company far from Hollywood. Ellison, Paramount’s CEO, told his senior leadership team last week that

The S&P 500 notched a record-high close on Thursday, fueled by advances in ​Sandisk and other heavyweight technology stocks, as tame producer price inflation data supported expectations the Federal Reserve ‌will not raise interest rates at its September meeting. Memory chip makers Sandisk (SNDK.O), and Micron Technology (MU.O), surged 13.7% and 4.2%, respectively, while Microsoft added almost 1% and Meta Platforms (META.O) rose 2.8%. Shares of AI cloud company CoreWeave (

A Brown Sugar Bakery employee dips ice cream in chocolate to make ice cream bars, before storing them in a freezer, at the bakery’s production facility in Chicago on Aug. 7, 2026. The bakery lost 500 ice cream bars when a storm knocked out power in June 2026. (Jamie Kelter Davis/The New York Times) By LYDIA DePILLIS In early June, the power went out at Stephanie Hart’s bakery on Chicago’s South Side, during an intense storm and a suffocating heat wave. Five hundred ice cream

Global equities were higher ⁠on ⁠Wednesday after mild inflation data reinforced bets the ⁠Federal Reserve will hold interest rates steady, while oil prices dipped as investors balanced lower demand against a ​deadlock in U.S.-Iran talks. The United States and Yemen’s Iran-aligned Houthis reported separate ship attacks. But oil prices fell as investors weighed lower demand forecasts. [O/R] U.S. consumer prices increased 0.1% ‌in July, in line with expectations, data showed ‌on

By ALEXANDRA E. PETRI Taylor Farms, which has been linked to a large outbreak of cyclosporiasis associated with iceberg lettuce in the United States, said on Sunday it was voluntarily recalling several of its products made with fresh jalapenos that have been tied to a multistate salmonella outbreak. The recalled products include spicy guacamole, mango pico de gallo, taco dip and more than a dozen other Taylor Farms branded and unbranded products, the company said in a stateme

A sign at the entrance to Meta’s headquarters in Menlo Park, Calif., Jan. 7, 2025. Meta’s release of Muse Glimmer, a model that can be freely downloaded and modified, is likely to intensify a debate over whether A.I. should be restricted or not. (Jason Henry/The New York Times) By ELI TAN and MIKE ISAAC Last month, Mark Zuckerberg, Meta’s CEO, boldly came out in support of “open source” artificial intelligence models that are publicly available to download and modify without

Wall Street ended lower on Tuesday, with Amazon and Alphabet dipping, as investors became more pessimistic about a potential deal to bring ​stability to the Middle East. The Strait of Hormuz will remain closed as long as the U.S. does not change its ‌behavior and accept Iran’s conditions to ‌end the war, the newly appointed secretary of Iran’s Supreme National Security Council said. Brent crude futures held ⁠near one-week highs ⁠in choppy trading, while the S&P 500 energy sec

While the Fed didn’t raise rates, the bond market did. That means hardship for home buyers and higher hurdles for artificial intelligence data centers and the stock market. But it’s also a boon for retirees. (Thomas Fuchs/The New York Times) By JEFF SOMMER The Federal Reserve held interest rates steady in its latest meeting. But another important power in the financial world raised them. That’s the bond market, where thousands of traders make moment-by-moment decisions that c