Elizabeth Pochoda, a journalist who widely traversed the media landscape of New York during her 50-year career, editing and writing for publications as diverse as The Nation, Vogue and The Daily News in New York, died on May 8 at her home in Brooklyn. She was 83. Her death, from complications of amyotrophic lateral sclerosis,…
The temporary reduction in tariffs that the United States and China announced in Geneva on Monday will lift, at least for now, the de facto trade embargo that had been in place between the two countries for the past month. It will reduce the chances that American shoppers will face empty shelves during the holiday…
Elon Musk’s Department of Government Efficiency is no longer claiming credit for killing dozens of federal contracts after The New York Times reported last week that they had already been reinstated. The Times had identified 44 revived contracts, and 43 of them were still featured on the group’s online “Wall of Receipts” as of last…
The stock market is now higher than before President Trump’s broad and steep tariffs sent share prices into a tailspin. The 10-year government bond yield is now largely in line with where it started the year. On Tuesday, a widely watched measure of inflation nudged lower. Judging from a snapshot of today’s financial markets, it…
A struggling technology company that has ties to China and relies on TikTok made an unusual announcement this week. It had secured funding to buy as much as $300 million of $TRUMP, the so-called memecoin marketed by President Trump. GD Culture Group, a publicly traded firm with a Chinese subsidiary, has only eight employees, its…
The White House on Tuesday said that President Trump, while in Saudi Arabia, had secured $600 billion in deals with the Saudi government and firms. But the details the White House provided were vague and totaled less than half that number. And a closer look at the projects the administration provided shows several were already…
For 17 years, Airbnb has taken on the hotel industry, and now, two billion guests later, the company is upping the competition. In an announcement today, Brian Chesky, Airbnb’s chief executive, said the company will offer the kinds of services typically found at hotels, including room service, spa treatments and personal training, all bookable on…
CNN is getting ready to launch a streaming service. Again. Three years after CNN’s parent company killed the hotly anticipated (and very expensive) CNN+ service shortly after it was released, the news network will introduce a new streaming product this fall that packages live and on-demand programming. Mark Thompson, the company’s chief executive, told employees…
In March, after a steep decline in Tesla’s share price, Elon Musk told employees, “Hang on to your stock.” The chair of Tesla’s board, Robyn Denholm, has not heeded his advice. Ms. Denholm has made $198 million in the past six months selling Tesla stock that she earned for serving on the board, according to…
When Gov. Wes Moore of Maryland signs his state’s budget into law as soon as Tuesday, it will signify the end of a difficult saga in which local leaders cut spending and raised some fees just to close a larger-than-expected $3 billion deficit. But Mr. Moore, a Democrat, is already bracing for the next fiscal…
