Business Update

The president’s supporters portray him as a top dealmaker. But, at least for now, far more trading partners have gotten stiff tariffs than trade deals. Source link

President Trump and his allies have accused the Federal Reserve chair, Jerome Powell, of misleading Congress in what some legal scholars worry is a prelude to seeking his removal. Source link

A year ago, misdirected Amazon returns began arriving at Karen Holton’s house in California. Eventually, she said, they were stacked so high that she could not easily use her door. Source link

Stripping hundreds of millions of dollars from renewable energy and efficiency initiatives is part of a broader move to undo efforts to wean the United States off fossil fuels. Source link

The focus on the fuel switches on Air India Flight 171 raised questions about the pilots’ actions. Source link

T-Mobile, seeking federal approval for two deals, is the latest company to drop its diversity programs amid scrutiny by the Federal Communications Commission. Source link

David Ellison, the founder of Skydance, and Bari Weiss, the co-founder of The Free Press, are attending the annual Allen & Co. conference in Sun Valley this week. Source link

Individual investors were the ones who piled into stocks when they plunged in early April, while big Wall Street institutions missed out on the gains. Source link

Traders have repeatedly shrugged off President Trump’s disruptive tariff wars and fiscal policy, pushing U.S. stock prices back into expensive territory, our columnist says. Source link

The payments, part of the new domestic policy law, are for U.S. citizens born this year through 2028. The idea is that the money in the accounts will have many years to grow. Source link