Business Update

President Trump focuses on the trade in manufactured goods, where India sells more to the U.S. than it buys. But the countries share a balanced trade in services. Source link

The Danish government announced this week that it planned to make books exempt from a 25 percent value-added tax. Source link

The president’s calls for Lisa Cook, a Fed governor, to resign are diverting attention from economic issues as top central bankers from around the world gather in Jackson, Wyo. Source link

President Trump’s attack on a Federal Reserve governor comes as the White House seeks more control over the central bank. Will the Fed’s leader push back? Source link

Nostalgic fans of the interstate staple lament the loss of its country kitsch, while some conservatives blamed wokeness for the sleek redesign. Source link

Target is the latest company to keep a replaced chief executive around as an “executive chairman.” Does having two top dogs make sense? Source link

Under the newly fleshed-out details, Washington will maintain high tariffs on vehicles imported from the bloc until the E.U. takes steps to lower its levies on many American products. Source link

A Birkin bag overnighted to Capri. A pink Brabus sports car for a Gen Z birthday party. Olivia Ferney, a travel agent to the ultrawealthy, has heard it all. Source link

After mixed reports from retail rivals, Walmart reported better-than-expected quarterly results and raised its sales forecast for the year. Source link

Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates. Source link