Tariffs on China Aren’t Likely to Rescue Battered U.S. P.P.E. Industry
staff The few domestic companies that still make protective gear for health care workers have clamored for federal intervention.…
April 2025
Bessent Accuses IMF and World Bank of ”Mission Creep”
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their…
Investors Prefer the ‘Nice’ Trump, but Want Results
Global markets are rebounding as the president softened his protectionist rhetoric and his criticism of the central bank.…
Trump Says He Won’t Fire Powell. His Fed Battle May Not Be Over Yet.
The president said he has “no intention” of ousting Jerome H. Powell, the Fed chair, but the administration’s…
Boeing Reports Smaller Loss but Trade War Threats Loom
The plane maker, which has been trying to recover from a quality crisis, could lose orders in China…
EU Fines Apple and Meta Total of $800 Million in First Use of Digital Competition Law
The European Commission said the Silicon Valley companies violated the Digital Markets Act, a law meant to crimp…
Elon Musk Warns China’s Rare Earth Restrictions May Delay Tesla Robots
China’s halt this month on exports of magnets containing heavy rare earth metals has affected Tesla’s plans to…
Jared Kushner Targets Albania’s Adriatic Coast for Luxury Tourism
Two major proposals led by Jared Kushner and a new airport championed by the Albanian government focus on…
A Budget Traveler Tries Out Luggage-Shipping Services
The convenience of shipping comes with a cost. But under some circumstances, it may be worth it —…
At Meta’s Antitrust Trial, a Bygone Internet Era Comes Back to Life
In the landmark antitrust case, tech executives have harked back to a Silicon Valley age when social apps…