business 
The Justice Department is in the early stages of investigating major egg producers in the United States over possible antitrust violations as the price of eggs skyrockets, two people familiar with the matter said. The department’s lawyers are preparing to send civil investigative demands — effectively subpoenas for civil investigations — to several producers, including … Read more
Sitting beneath a portrait of Abraham Lincoln, more than two dozen of the most powerful figures in the U.S. cryptocurrency industry, together worth many billions of dollars, gathered in the White House on Friday for an audience with President Trump. When Mr. Trump entered the ornate State Dining Room after a short wait, the executives … Read more
A month ago, President Trump announced that he would impose sweeping tariffs on imports from Canada and Mexico before reaching a last-minute deal to delay them for 30 days. This week, after markets revolted when the tariffs were put in place, Mr. Trump watered them down with a monthlong reprieve for automakers. And then on … Read more
It might be a moment of hush before chaos ensues, or it may be business as usual. U.S. employers added 151,000 jobs in February, the first full month under the new Trump administration, the Labor Department reported on Friday. The gain extended a streak of job growth to 50 months. The unemployment rate ticked up … Read more
President Trump’s family business sued Capital One on Friday for “unjustifiably terminating” more than 300 of its bank accounts after the Jan. 6, 2021, attack on the Capitol, the latest sign that the president and his allies are seeking retribution against those who once shunned them. In a complaint filed in state court in Florida, … Read more
Consulting with a lawyer who has ties to President Trump. Reaching out to Washington lobbyists. And sitting for a jailhouse interview with Tucker Carlson. Sam Bankman-Fried, the disgraced cryptocurrency mogul who was once a top Democratic donor, has embarked on a long-shot campaign to secure a pardon from the Trump administration, six people with knowledge … Read more
A day after landing on the moon, the robotic Athena spacecraft built by Intuitive Machines of Houston is dead. In an update on its website on Friday, the company confirmed that Athena had tipped onto its side — the same fate that befell its first lunar lander, Odysseus, last year. With its solar panels unable … Read more
Jerome H. Powell, chair of the Federal Reserve, said the central bank is focused on the “net effect” of President Trump’s sweeping economic agenda amid high uncertainty about which policies will actually be enacted, as he reiterated that officials are still not in a “hurry” to adjust interest rates. “As we parse the incoming information, … Read more
In the packed Paris courtroom, the corporate magnate portrayed himself as a successful business leader who had labored to turn LVMH into the world’s top luxury conglomerate, with 75 brands, including Louis Vuitton and Dior, and 200,000 employees worldwide. When Mr. Arnault first took over the company in the 1980s, it had just 10,000 employees. … Read more
House prices are stubbornly high, and mortgage rates remain substantially above their prepandemic level. Now, with the spring home buying season looming, shoppers have a new worry: A major federal consumer watchdog has been hobbled. Without the Consumer Financial Protection Bureau, the agency responsible for overseeing most aspects of the home buying process, consumer advocates … Read more