business

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

To hear Trump administration officials and many energy executives tell it, the United States is on the precipice of a new golden age for natural gas that will be driven in large part by the voracious power needs of data centers. But turning natural gas into electricity requires giant metal turbines that are increasingly difficult … Read more

Ryan Bivens, a Kentucky grain farmer who sells corn to one of America’s biggest bourbon and whiskey producers, operated at a loss last year as he faced higher production costs from persistent inflation. President Trump’s trade war is about to make that economic pain even worse. Industries across the United States are bracing for higher … Read more

This time, maybe the stock market is the economy. Financial markets around the world have plummeted in the days since President Trump announced sweeping tariffs, setting off a global trade war. The S&P 500 declined more than 10 percent in two days last week, and it swung wildly on Monday amid news of further tariffs … Read more

“I do think there is so much to be said for your ability to exist, even in the presence of that — it takes a very strong cookie,” Ms. Herd told Meghan, adding, “When I was going through the media storm and being called this and that, and this and that, at Tinder, I didn’t … Read more

Sales in the international art market declined 12 percent in 2024, according to the Art Basel and UBS Global Art Market Report published on Tuesday. The annual report, seen as the most reliable indicator of the art market’s size and health, said that sales had fallen for the second year in a row. “Decline in … Read more

China lashed out at the United States on Tuesday after President Trump demanded that Beijing rescind its retaliatory tariffs or face an additional 50 percent U.S. levy, calling his threat “blackmail,” as tensions between the two major powers rose. The Ministry of Commerce, without referring to the American president by name, said that Beijing had … Read more