business

Senior leadership at the Guggenheim will not be taking pay cuts, according to a museum spokeswoman, Tina Vaz. The cuts are spread over six departments, including advancement, education, publications and archives, but do not affect curators and top executives. Additionally, the museum’s chief curator, Naomi Beckwith, who is organizing two major exhibitions in Europe for … Read more

Federal student loan borrowers are temporarily unable to apply to income-driven repayment plans, a decades-old safety net which ties their monthly loan payment size to household income levels, as the U.S. Education Department reviews a recent federal court ruling. The department closed applications to the repayment plans last week after the U.S. Court of Appeals … Read more

A year ago, France embarked on an ambitious goal: To craft the world’s widest ranging ban on the use of harmful “forever chemicals” in everyday products. On Friday, that effort culminated in a national ban on PFAS that environmental and health experts hailed as a big step forward, with one notable exception. After campaigning by … Read more

Mr. Schwarz says on his website biography that he lives in the Midwest. (A P.O. box in Ringwood, Ill., is listed on the People’s Union USA website.) On social media, he goes by TheOneCalledJai and has directed supporters of his organization to follow his personal accounts under the same name as he sells merchandise and … Read more

The stock market’s shine in the wake of President Trump’s election wore off in late February, with the new administration’s early economic policy priorities and weak consumer sentiment making investors uneasy. Stocks climbed to new highs in the immediate aftermath of Mr. Trump’s win, as traders geared up for lighter regulation and tax cuts — … Read more

After nearly a decade of trying, Apple finally gave up its effort to produce an electric car last year, canceling a project that soaked up $10 billion. But last year in China, the electronics maker Xiaomi launched its first electric car after just three years of development and delivered 135,000 vehicles. It has vowed to … Read more

President Trump’s promise during last year’s election to make it far easier to drill for oil and gas thrilled energy executives who believed his policies would lower their costs and help them make a lot more money. Those hopes are now fading. Thanks to Mr. Trump’s tariffs, the oil and gas industry is contending with … Read more

Getting inflation under control since the worst surge in decades has been a bumpy process in recent months. New data on Friday showed a little progress, but also an unexpected pullback in consumer spending, complicating the path forward for the Federal Reserve as it debates when to restart interest rate cuts. The central bank’s preferred … Read more

Shari Redstone, the controlling shareholder of the entertainment giant Paramount, delivered a crucial message to her board a few weeks ago. For months, Paramount’s lawyers had been jousting with representatives for President Trump, who had sued the company’s CBS News network over its segment on former Vice President Kamala Harris. Mr. Trump accused the network … Read more

With the government seemingly stepping back from regulatory duties, consumers may have to act as their own financial watchdogs. The Consumer Financial Protection Bureau, the independent federal agency created after the 2008 financial crisis to shield people from fraud and abuse by lenders and financial firms, has been muzzled, at least temporarily. “Everything is on … Read more