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The Fed’s new chairman is asking for advice.
Five new task forces are focused on topics that Kevin M. Warsh, the chairman of the Federal Reserve, has said are “central to the broad co…
Warsh Reiterates Fed’s Pledge to Get Inflation Down
Kevin M. Warsh, since becoming chairman of the Federal Reserve, has declined to say whether he supports higher interest rates to tame price …
States Take On Paramount
An effort to block the media giant’s planned takeover of Warner Bros. Discovery underscores how states are taking a more active role in an…
Chai Discovery, an A.I. Drug Start-Up, Raises $400 Million
The fund-raising values the company at $3.8 billion and underscores investor interest in using artificial intelligence to tackle problems li…
Big Banks Smash Earnings Records, but ‘Tectonic’ Risks Loom
The quarterly results reflect the dichotomy between geopolitical uncertainty and the stable American economy.
Inflation Slowed During Pause in War With Iran
The Consumer Price Index fell to a 3.5 percent annual increase in June, and prices marked their biggest drop from a month earlier since 2020…
U.S. Workers Are More Productive Than Ever. And That’s Without A.I.
Companies have been getting more out of employees for several years. Tight labor markets, digitization and remote work are among the reasons…
Oil Rises Above $85 a Barrel as Gulf Clash Escalates
Brent crude, the international benchmark, breached $85 per barrel for the first time in a month.
Trump’s Strait of Hormuz Fee Could Double the Cost of Shipping
The potential expense of a 20 percent charge to move oil and other goods through the strait has stirred concern among shippers.
Trump Administration Is Snapping Up Stakes in Private Companies. Could A.I. Be Next?
Some tech executives are nervous that the administration’s recent scrutiny of artificial intelligence models could be a prelude to a deman…
Fed Official Warns of Higher Rates if Inflation Stays Elevated
Christopher J. Waller, a governor at the Federal Reserve, said he needed to see several months of lower inflation data to feel confident abo…