President Donald Trump speaks to reporters at Joint Base Andrews in Maryland on Jan. 13, 2026. Economists from across the ideological spectrum warn that Trump is setting the country on a path that will, in the long run, leave the economy less dynamic in the decades ahead. (Kenny Holston/The New York Times) By BEN CASSELMAN For all the chaos along the way, President Donald Trump’s first year back in the White House is ending with an economy that looks, by most conventional mea

U.S. bank stocks fell in morning trading on Tuesday ‌in ​a broader market decline as investors waited to ‌see if the Trump administration’s January 20 deadline to implement a 10% cap on credit card interest ​rates would take effect. The administration has said the proposed cap will improve affordability for everyday consumers, while banks have warned that it could reduce credit availability because ‍they would be unable to adequately price for ​the risk associated with the un

Larry Fink, the chief executive of BlackRock, during a conversation with Andrew Ross Sorkin at the DealBook Summit in New York, Dec. 3, 2025. The traditional rhetoric of the World Economic Forum centered on global integration, climate change and international cooperation — not anymore. (Karsten Moran/The New York Times) By PETER S. GOODMAN Even in the heyday of the liberal democratic order, the conceit of the World Economic Forum induced skepticism: Once a year, the wealthies

European shares ‌logged ​their biggest daily drop in ‌two months on Monday as investors were rattled by President Donald Trump’s ​threat of additional tariffs on eight European countries until the U.S. is allowed to buy Greenland. The pan-European STOXX ‍600 fell 1.2%, with benchmarks in ​export-heavy economies such as Germany and France down over 1.3% each. Trump said he would impose an ​additional 10% tariff ⁠starting February 1 on goods from Denmark, Norway, Sweden, France

President Donald Trump speaks to reporters as he departs the White House in Washington, on Friday, Jan. 16, 2026. (Anna Rose Layden/The New York Times) By SHAWN McCREESH, ANA SWANSON and JEANNA SMIALEK President Donald Trump announced in a social media post Saturday morning his latest strategy to get control of Greenland: He is slapping new tariffs on a bloc of European nations until they come to the negotiating table to sell Greenland. Greenland is a territory of Denmark, wh

Friday’s monthly options expiration is ‌likely ​to expose U.S. stocks to greater swings in ‌either direction in coming days, potentially boosting market volatility from historically low levels, according to options market ​experts. Options offer investors the right to buy or sell stock at a fixed price by a fixed date in the future called the expiration date. ‍While large options expirations happen monthly, this month’s ​is being particularly closely watched by market partici

Grok’s prompt page, displayed on a phone in Berkeley, Calif., on Oct. 29, 2025. California’s attorney general on Wednesday, Jan. 14, 2026, said the state had opened an investigation into Elon Musk’s artificial intelligence company, xAI, for generating sexualized images of women and children. (Andria Lo/The New York Times) By KATE CONGER California’s attorney general earlier this week said the state had opened an investigation into Elon Musk’s artificial intelligence company,

Wall Street’s investment bankers expect to stay busy ‌this ​year after reaping a windfall from big-ticket deals and stock ‌market listings in 2025. Top U.S. banks reported stronger fourth-quarter profits this week, with Goldman Sachs’ investment banking fees jumping 25% on a dealmaking ​boost and rival Morgan Stanley reporting a 47% surge in investment banking revenue. Citigroup clinched record revenue from M&A advisory last year. “We are seeing an accelerating pipeline in M