Demonstrators protest outside Anthropic’s offices in San Francisco, July 21, 2026. For years, the artificial intelligence industry raced to improve its technology as quickly as possible; now some researchers are increasingly sounding the alarm about the need to slow down. (Lucas Foglia/The New York Times) By KATE CONGER For years, the artificial intelligence industry raced to improve its technology as quickly as possible. Now some researchers are increasingly sounding the ala

U.S. stocks ended down on Thursday after producer price data for August and surging oil prices stoked worries the Federal Reserve will hike interest rates next week, while climbing Treasury yields made ‌stocks less attractive. Heavyweight chipmakers lost ground, with Nvidia down 2.3% and Micron Technology losing 4.7%, both weighing on the S&P 500. ‌Apple rallied 3.6% a day after launching a $1,999 iPhone. With supply routes through both the Strait of Hormuz and the Red Sea di

Brent crude rallied towards $100 per barrel on ⁠Wednesday, ⁠keeping the mood in Asian stock markets subdued, ⁠as attacks intensified in the Middle East, stoking inflation worries ahead of the release of closely watched ​U.S. consumer price data. The yen strengthened towards the nearly seven-month high touched against the dollar on Tuesday as traders exited short positions in the Japanese ‌currency amid expectations for faster Bank of Japan ‌interest rate hikes and a potential

By TONY ROMM New Canadian tariffs targeting roughly $20 billion in U.S. imports officially snapped into place on Tuesday, the latest escalation in an increasingly costly trade war that has ensnarled two longtime allies. The duties apply to a variety of U.S. goods, including clothing, cheese, metal parts and wood products. The approach is meant to mimic the taxes that President Donald Trump imposed on Canada after trade talks between the two neighbors collapsed in acrimony las

The S&P 500 ended lower on Tuesday, with Salesforce and other software makers losing ground, while hostilities in the Middle East lifted oil prices and investors awaited inflation data that could affect the ‌chance of an interest rate hike. Salesforce and Intuit fell about 4%, while ServiceNow lost 5%. OpenAI’s launch last week of its ‌newest model, GPT-6 Astra, reignited speculation that AI could compete with services now offered by specialized software companies. The S&P 50

Prime Minister Mark Carney speaks in Ottawa, Ontario, Canada, May 5, 2026. Polls show that Canadians strongly back Carney’s decision to end trade talks with Washington last month and to hit back with tariffs on about $20 billion in U.S. products entering Canada. But there is also concern over what might happen next. (Ian Austen/The New York Times) By IAN AUSTEN After more than two weeks of finger-pointing, threats and patronizing insults between longtime trading partners, Can

Surprisingly healthy employment data has tipped expectations for a rate hike at the Federal Open Market Committee’s (FOMC) meeting higher this week, with interest rate traders now placing the likelihood at 58.4%. According to CME’s FedWatch, nearly 60% of investors are betting on a 25bps hike to 3.75% to 4%, with the remainder of bettors suggesting the Kevin Warsh-led central bank will instead announce a hold. The renewed call for a hike comes courtesy of a Bureau of Labor St

Kevin Hassett, director of President Donald Trump’s National Economic Council, speaks to reporters about the Labor Department’s latest jobs report outside the White House on Friday morning, Sept. 4, 2026. (Tierney L. Cross/The New York Times) By SYDNEY EMBER Businesses in August shook off uncertainty related to higher gas prices, tariffs and artificial intelligence, unleashing an unexpected wave of hiring that affirmed the labor market’s health. Employers added 162,000 jobs o

Wall Street dipped ​on Friday as a robust jobs report raised the probability that the U.S. Federal Reserve will increase its key interest ‌rate at this month’s monetary policy meeting. All three major U.S. indexes closed lower amid a broad selloff ahead of the three-day holiday weekend. For the week, the indexes were essentially unchanged. The Labor Department’s August employment report showed the U.S. economy added 162,000 jobs last month, nearly three times the 56,000 conse

By REBECCA F. ELLIOTT Chevron plans to significantly expand its operations in Venezuela, the U.S. oil giant said earlier this week, taking yet another step to broaden the U.S. sphere of influence in the South American country. The Houston-based company, already Venezuela’s largest private oil producer, said it would more than double its production in the country over the next five years to 600,000 barrels a day. That represents over half of Venezuela’s current output. Chevron