By AGNES CHANG and DAISUKE WAKABAYASHI As President Donald Trump has imposed steep tariffs on China, American importers are buying much less. But the rest of the world is making up the difference, buying more from China than ever. China has offset the decline from America with breathtaking speed. Shipments to other parts of the world have surged this year, demonstrating that China’s manufacturing dominance will not be easily slowed. Chinese exports are on track to reach anoth

Michael Burry, the investor known for his successful bets against the U.S. housing market in 2008, has deregistered his hedge fund, Scion Asset Management. The Securities and Exchange Commission’s database showed Scion’s registration status as “terminated” as of November 10. Deregistering would imply the fund is not required to file reports with the regulator or any state. Bets by Scion, which managed $155 million in assets as of March, have long been dissected for hints of l

Wall Street’s main indexes were mixed on Wednesday, with the Dow hitting a record high and the Nasdaq losing ground as investors rotated out of technology stocks while focusing on a likely end to a historic U.S. government shutdown. The House of Representatives was set to end the longest government shutdown in U.S. history, with a vote on a stopgap funding package to restart disrupted food assistance, pay hundreds of thousands of federal workers and revive a hobbled air traff

Wind turbines and a solar farm near Kayathar, in southern India, on April 8, 2025. The country can now meet half of its electricity demand with wind, solar, and hydropower. (Saumya Khandelwal/The New York Times) By SOMINI SENGUPTA and BRAD PLUMER As the United States torpedoes climate action and Europe struggles to realize its green ambitions, a surprising shift is taking hold in many large, fast-growing economies where a majority of the world’s people live. Countries like Br

Wall Street stocks were mixed on Tuesday, with Nvidia and other artificial intelligence-related companies falling on renewed concerns about elevated valuations, while markets monitored progress toward ending the longest U.S. government shutdown. Adding to jitters about AI-related stocks that have fueled the market’s rally in recent years, Japanese technology investor SoftBank Group disclosed its sale of Nvidia shares for $5.8 billion. The stock dropped 2.3%. Nvidia-backed Cor

Canceled flights on a flight boards at Chicago O’Hare International Airport in Chicago, on Friday, Nov. 7, 2025. (Jamie Kelter Davis/The New York Times) By NIRAJ CHOKSHI Thousands of flights were canceled this past weekend after federal restrictions on flying were put in place at the nation’s busiest airports. And the cuts are expected to grow in the coming days, threatening to wreak further havoc for airlines and travelers as Thanksgiving approaches. The Federal Aviation Adm

With an end to the U.S. government shutdown potentially on the horizon, investors who feared more economic fallout breathed easier and turned to an expected flood of delayed data to shed more light on growth and the likely path for interest rates. Markets on Monday welcomed the prospect of a federal reopening. Stocks are recouping some of their losses from last week, following news late on Sunday that the U.S. Senate reached a compromise and moved forward on a measure aimed a

Power lines south of downtown Houston, Sept. 20, 2023. Millions of Americans have watched with dismay as their electricity bills have spiraled upward over the past few years. But not all states are struggling equally, and the reasons why are diverse. (Annie Mulligan/The New York Times) By BRAD PLUMER, HARRY STEVENS and REBECCA F. ELLIOTT Millions of Americans have watched with dismay as their electricity bills have spiraled upward over the past few years. The rising price of