Inflation Remained Sticky Ahead of Trump’s Escalating Trade War

Americans hoping for some relief on inflation suffered a setback in February, as new data showed underlying price pressures intensifying even before the latest escalation in President Trump’s trade war. The Personal Consumption Expenditures price index, after stripping out volatile food and energy items, climbed 2.8 percent in February from a year earlier, outpacing January’s … Read more

Is CoreWeave’s Debut an Ill Omen for I.P.O.s?

The canary in the coal mine CoreWeave just pulled off the first big initial public offering this year — and the results were far from heartening. The company, which rents computing power to the artificial intelligence industry, shrank its I.P.O. far below initial expectations before Friday’s anticipated trading debut. That’s even after Nvidia, which owns … Read more

Airplane Accidents Are Making People Re-Evaluate How They Fly With Infants

Three years later, Khadija Zaidi-Rashid still remembers the screams of other passengers, the unsettled expression on the flight attendant’s face and the helplessness she felt holding her infant on her lap. Dr. Zaidi-Rashid, 34, then a doctoral student, was flying from Washington to Doha, Qatar, with her mother and two children when their airplane encountered … Read more

Amid a Defense and Aerospace Boom, Demand for Industrial Real Estate Soars

In Huntington Beach, Calif., Mach Industries, which has a contract with the Army, makes weapons in a 150,000-square-foot warehouse. One afternoon last fall, the company’s headquarters were humming along, with 3-D printers spitting out the parts for drones, as speakers blasted Led Zeppelin. By mid-2025, Mach aims to produce thousands of drones a month. Its … Read more

How a Crypto Craze Swept An Argentine Town

At a backyard barbecue in San Pedro, Argentina, last May, Rafael Flaiman spotted a friend wearing a light blue blazer that looked a little too snazzy for the occasion. He needled the guy a bit. What’s with the jacket? Mr. Flaiman asked. “La China pays,” the friend replied, with a triumphant smile. La China? Mr. … Read more