business

Los Angeles is a city of immigrants. It is also a city of unions. And in California, those two constituencies have essentially melded into one. So it should come as no surprise that federal immigration raids on workplaces around Los Angeles County this week set off the largest protests to date against President Trump’s immigration … Read more

Over the past few months, after President Trump imposed wave after wave of tariffs, companies began paying billions more to bring goods into the country. In May, the Treasury collected more than $22 billion in tariff payments, data released on Wednesday shows, a record high. The income figures are among the first concrete indicators of … Read more

Even before the House passed the sweeping bill carrying President Trump’s domestic policy agenda, Senate Republicans made it clear that they hoped to make major changes to the legislation before the G.O.P. was done muscling it through Congress. Several have wanted to pare back the cuts to Medicaid, the health care program for the poor, … Read more

President Trump received a phone call from Elon Musk late on Monday night, which led to a public expression of regret from the billionaire early Wednesday for the attacks he had lodged against the president in their extraordinary public showdown last week, according to three people briefed on the call. Mr. Musk’s outreach to Mr. … Read more

Last Thursday, Clare Conroy turned on her window air-conditioner for its inaugural run of the season. A few hours later, she learned that her appliance, a U-shaped Midea unit that has exploded in popularity since it was introduced in 2020, had been recalled over a potential mold risk. The window units, which are gracefully rounded, … Read more

When Russia invaded Ukraine in 2022, Germany realized that its dependency on natural gas piped from Russia had endangered its energy security. It had no ports to bring in alternative energy sources needed to keep its factories running and homes warm. Three years on, it now has four. The most recent began operating in late … Read more

Elon Musk said in a social media post early Wednesday that he regretted some of his posts and comments about President Trump last week, which had led the president to disparage the tech billionaire, a feud that played out in real time on social media. Mr. Musk said on his X platform that some of … Read more

Secretary of State Marco Rubio is pushing to investigate whether Harvard University violated federal sanctions by collaborating on a health insurance conference in China that may have included officials blacklisted by the U.S. government, according to people familiar with the matter and documents reviewed by The New York Times. Mr. Rubio signed off on a … Read more

In its high-stakes trade talks with the United States, China has been trying to strike a balance in how it wields its market clout. It controls the world’s supply of rare earth metals and magnets. And it has withheld supplies of the materials, which are crucial ingredients in everything from cars to fighter jets, as … Read more

We are hearing that the trade talks with China may be bearing fruit — or at least aren’t at an impasse. We’ve heard positive spin before, so we will wait to hear whether both sides say the same thing before any sort of victory can be declared. We’re also watching key C.P.I. data on Wednesday. … Read more