Labor Secretary Faces Civil Rights Complaints From Department Staff
Three employees described a hostile work environment under Labor Secretary Lori Chavez-DeRemer. Source link
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White House and Crypto Industry Fight Bank Lobby Over Stablecoin Income
The Trump administration backed a proposal for stablecoin issuers to offer yield to investors. Source link
Volkswagen to End E.V. Production at Tennessee Plant
The German carmaker is the latest to scale back plans for electric vehicles in favor of gasoline models. Source link
I.M.F. Says Iran War Will Drag Global Growth Lower
Kristalina Georgieva, the head of the International Monetary Fund, said the war in the Middle East could lead to another bout of inflation and higher interest rates. Source link
David B. Cornstein, Envoy Who Built U.S. Ties to Orban, Dies at 87
A former jewelry-counter magnate, he served in Hungary under his friend President Trump, strengthening relations between the two countries as Orban tilted rightward. Source link
America’s Furniture Stores Struggle to Survive a Frozen Housing Market
Retailers are going bankrupt and liquidating as record-low housing turnover leaves fewer customers looking to furnish homes. Source link
Oil Prices Edge Higher as Confidence in Cease-Fire Wavers
Investors were in a more sober mood after sharp moves on the previous day. Source link
How the Strait of Hormuz Stifled a Market Rally
Questions about how freely ships can pass through the waterway have pushed up oil prices and weighed on stocks. Source link
A Must for the Next Food Craze? Be ‘Social Media Gorgeous.’
The ascent of ube has little to do with the purple yam’s taste or Filipino origins. It’s the color, flavor experts say. Source link
Markets Have Faced a Year of Chaos and Still Done Awfully Well
Most stock investors have lost money during the Iran war, but returns have been splendid for the year since the “Liberation Day” tariff announcement. Source link