business 
The Supreme Court on Tuesday blocked a ruling from a federal judge in California that had ordered the Trump administration to rehire thousands of fired federal workers who had been on probationary status. The court’s brief order said the nonprofit groups that had sued to challenge the dismissals had not suffered the sort of injury … Read more
President Trump’s 25 percent tariffs on imported vehicles, which went into effect last week, are already sending tremors through the auto industry, prompting companies to stop shipping cars to the United States, shut down factories in Canada and Mexico and lay off workers in Michigan and other states. Jaguar Land Rover, based in Britain, said … Read more
Oil is trading at its lowest level in nearly four years. Costs are rising. And Wall Street is growing more worried by the day that President Trump’s trade policies will tip the United States into a recession. The reaction in the oil patch? Silence, mostly. Oil and gas executives, eager to stay in Mr. Trump’s … Read more
President Trump’s top trade official defended the administration’s aggressive tariff moves on Tuesday, arguing before a Senate committee that the U.S. economy is facing “a moment of drastic, overdue change” after decades of being propped up by the financial sector and government spending. The remarks by Jamieson Greer, the United States trade representative, came as … Read more
The Internal Revenue Service’s audit rate has been lower this decade than in most taxpayers’ lifetimes, a New York Times analysis shows, and if the Trump administration follows through with plans to cut the agency’s work force, audits will almost certainly become even rarer. The most recent I.R.S. data shows the audit rate of individual … Read more
President Trump’s top trade official defended the administration’s aggressive tariff moves on Tuesday, arguing before a Senate committee that the U.S. economy is facing “a moment of drastic, overdue change” after decades of being propped up by the financial sector and government spending. The remarks by Jamieson Greer, the United States trade representative, came as … Read more
Film at Lincoln Center, the nonprofit organization that programs the New York Film Festival, has named the British movie executive Daniel Battsek its next president. From 2016 until early 2024, Battsek, 66, was chairman of the British production company Film4, overseeing the financing of “Three Billboards Outside Ebbing, Missouri” (2017) and “The Banshees of Inisherin” … Read more
Wall Street billionaires are not used to being on the outside looking in. But that is where they find themselves after President Trump ignored their appeals to call off his tariff plans which they fear could endanger the economy. With the backdrop of rapidly mounting stock market losses, corporate titans have worked every angle — … Read more
‘Can’t put the toothpaste back in the tube’ Global markets are rebounding on Tuesday even as trade tensions show little signs of cooling. To wit: Beijing vowed that it “will fight to the end” against President Trump’s latest tariff threats. Wall Street analysts have issued a flurry of downgrades for the S&P 500, and billionaire … Read more
When shopping in Paris, you could follow the tourists to Avenue Montaigne and Rue du Faubourg Saint-Honoré, where off-the-catwalk designs are displayed like venerated artwork. Or, have an adventure and save euros hunting down “gently used” designer clothing at the city’s neighborhood dépôt-ventes, where Frenchwomen of exacting taste consign their castoffs. Unlike your average thrift … Read more