Business

BBC News - Business

Former HSBC trader has fraud conviction overturned

    Mark Johnson, 59, has fought to establish his innocence ever since he was convicted of fraud in 2017.

    UK's most powerful supercomputer comes online

      The Isambard-AI supercomputer is made fully operational as the government unveils fresh AI plans.

      Meta investors settle $8bn lawsuit with Zuckerberg over Facebook privacy

        Shareholders accused Meta leaders of damaging the company by allowing repeat violations of Facebook users' privacy.

        UK jobs market weakens as unemployment rate rises

          The official data shows wage growth has slowed while the number of vacancies continues to fall.

          Jaguar Land Rover to cut up to 500 UK jobs

            The carmaker says the cuts are part of "normal business practice", but one expert blames US tariffs.

            Summer holiday club costs: 'It's the amount you'd spend going away'

              Some areas have seen prices rise by as much as 13%, research by children's charity Corum finds.

              Busiest UK airports raise kiss-and-fly fees, says RAC

                Britain's airports are charging up to £7 to briefly drop off passengers close to terminals.

                'It's just better!' Trump says Coca-Cola to change key US ingredient

                  Coca-Cola said they "appreciate President Trump's enthusiasm", without confirming they plan to make the tweak.

                  Trump discussed firing Fed boss but 'highly unlikely' he will

                    The US president admitted he broached sacking Jerome Powell, in what would be an unprecedented move.

                    Samsung boss cleared of fraud by South Korea's top court

                      The ruling comes after Lee Jae-yong was acquitted of all charges in two earlier trials.

                      UK inflation at highest for almost a year and a half

                        Food and clothing prices rose more quickly while fuel fell only slightly, boosting the overall rate of inflation.

                        Faisal Islam: Surprise inflation jump complicates interest rate decision

                          Higher inflation could give the Bank of England pause for thought over cutting interest rates.

                          Boss of Guinness-owner Diageo suddenly steps down

                            Diageo boss Debra Crew steps down after board decision for her to go.

                            Co-op boss confirms all 6.5m members had data stolen

                              In her first interview since the attack, Co-op's chief executive said she was "incredibly sorry" to customers.

                              Trip drink ad banned over claim it makes you calm

                                The ad for the cucumber and mint drink made unauthorised health claims, the advertising watchdog found.

                                German defence tech firm to make drones in UK

                                  Stark, which makes weapon systems for Nato, says its new facility in Swindon will support 100 jobs.

                                  Barclays fined millions over financial crime risk lapses

                                    The UK's financial watchdog says the bank had failed to properly check two of its clients.

                                    Stop being negative about savers buying shares, Reeves says

                                      Chancellor tells the financial industry to change the narrative around consumer investment to encourage growth.

                                      Trump launches probe into Brazil's 'unfair' trade practices

                                        Last week, the US president urged Brazilian authorities to end their prosecution of the country's former President Jair Bolsonaro.

                                        US and Indonesia reach tariff deal

                                          The US will lower its tariffs threatened on goods from Indonesia to 19% from a planned 32%.

                                          Labubu firm sees profit soaring by at least 350%

                                            Sales, branding and tight cost controls have helped Pop Mart's profits balloon in the first half of 2025.

                                            Savers to be targeted with offers to invest in shares under new plans

                                              Banks will send savers details of possible investments and an ad campaign will raise awareness, the Treasury says.

                                              Thames Water 'extremely stressed', warns boss amid huge losses

                                                The company's future remains uncertain as it posts losses of £1.65bn for the year to March.

                                                US inflation rises as tariffs drive up prices

                                                  Energy and housing costs were the major drivers of inflation, but consumers are starting to feel the impact of tariffs on basic goods.

                                                  Drivers offered up to £3,750 discount to buy electric cars

                                                    Government will subsidise prices cuts to encourage a shift away from petrol and diesel.

                                                    China growth beats expectations as Trump tariffs loom

                                                      The world's second largest economy grew by 5.2% in the three months to the end of June, official figures show.

                                                      Heat pump makers are ready for a rush: Will customers come?

                                                        Heat pump makers are ready to raise output, but demand is still sluggish.

                                                        The deepening water shortage row between the US and Mexico

                                                          The US is accusing its southern neighbour of breaking a long-held water sharing agreement.

                                                          'I can't drink the water' - life next to a US data centre

                                                            Residents in rural Georgia say the data centre next door has disrupted their water supply.

                                                            Why little Lithuania has big plans for space tech

                                                              Lithuania has a promising space tech sector, but it wants more government support.

                                                              Tariffs are shifting global supply chains

                                                                Trump's 90-day pause on his sweeping tariffs plan is about to expire. But already some firms are radically changing how they work.

                                                                What have tariffs really done to the US economy?

                                                                  As President Trump weighs tariff plans, he will have one eye on the US economy.

                                                                  Why the world's superyachts are getting bigger and bigger

                                                                    Billionaires and multimillionaires around the globe are trading up for more space and luxury.

                                                                    The bridge changing lives and boosting business

                                                                      The Öresund bridge, which connects Denmark and Sweden, is celebrating 25 years since its opening.

                                                                      Boeing's 787 Dreamliner was deemed the 'safest' of planes. The whistleblowers were always less sure

                                                                        Long before the Air India tragedy, the cause of which is still to be determined, people who had worked on the 787 had raised concerns about the production standards

                                                                        The global environmental award hit by accusations of greenwashing

                                                                          US business Dr Bronner's has criticised the B Corp scheme for allowing in too many multinationals.

                                                                          Why your old mobile phone may be polluting Thailand

                                                                            The Asian nation is importing thousands of tonnes of electronic waste per year, despite a ban.

                                                                            How can working parents get 15 and 30 hours of free childcare?

                                                                              Free childcare support for working parents varies across the UK, depending on the child's age.

                                                                              Cost of summer holiday clubs rises to £1,076 a child

                                                                                Some areas have seen prices rise by as much as 13%, research by children's charity Corum finds.

                                                                                Why is UK inflation still rising?

                                                                                  UK Inflation has fallen from record highs but remains above the Bank of England's 2% target.

                                                                                  Price of housing and groceries cause most concern

                                                                                    The report also says one issue is not just high prices, but people's ability to meet them.

                                                                                    Food voucher scheme 'paused' due to high demand

                                                                                      A council says it has paused new applications for three weeks as it works through a waiting list.

                                                                                      Labour might be down, but it's not necessarily out - voters reflect on a year in power

                                                                                        What’s gone wrong for Labour? 2024 voters delve into it, writes Laura Kuenssberg.

                                                                                        China's electric cars are becoming slicker and cheaper - but is there a deeper cost?

                                                                                          The future for EVs will inevitably involve China. But where does that leave the UK and Europe markets – and what of the questions around national security?

                                                                                          The secretive US factory that lays bare the contradiction in Trump's America First plan

                                                                                            An exclusive look inside the closely guarded factory the president wants to become a foundation stone for a US golden age.

                                                                                            Xi's real test is not Trump's trade war

                                                                                              The real battleground of the current trade war might be China's domestic economy

                                                                                              The curious case of why a billionaire wants to buy Royal Mail

                                                                                                From the end of April, the 500-year-old Royal Mail will be controlled by Czech billionaire Daniel Kretinsky who co-owns a football club - but why does he want it?

                                                                                                Crews battle overnight fire in Kilmarnock town centre

                                                                                                  Crews battle overnight fire which spread across Kilmarnock shops

                                                                                                  How the rising cost of shoes could hit Trump

                                                                                                    In this Americast episode, Anthony Zurcher, BBC's North America correspondent, discusses how Trump may start to feel pressure from his own supporters if prices continue to rise at home.

                                                                                                    Martin Lewis' trick for haggling with a call centre

                                                                                                      Contract ending or ended? Try this if you're renewing your broadband/TV, mobile, car/home insurance or breakdown cover.

                                                                                                      The Briefing Room

                                                                                                        As President Trump raises tariffs again, what does this mean for world trade?

                                                                                                        The Bottom Line

                                                                                                          What does it take to grow a new enterprise into a multi million-pound business?

                                                                                                          E.P.A. Delays Required Cleanups of Toxic Coal Ash Landfills

                                                                                                          • Coal
                                                                                                          • Water Pollution
                                                                                                          • Environmental Protection Agency
                                                                                                          • Edison Electric Institute
                                                                                                          • United States Politics and Government
                                                                                                          • Waste Materials and Disposal
                                                                                                          • Global Warming

                                                                                                          The Trump administration will give utilities around the country an additional year to come up with a plan to clean up contaminated waterways.

                                                                                                          Crypto Industry Reaches Milestone With Passage of Genius Act

                                                                                                          • United States Politics and Government
                                                                                                          • Law and Legislation
                                                                                                          • Virtual Currency
                                                                                                          • Regulation and Deregulation of Industry
                                                                                                          • Banking and Financial Institutions
                                                                                                          • Computers and the Internet
                                                                                                          • Lobbying and Lobbyists
                                                                                                          • House of Representatives
                                                                                                          • Republican Party
                                                                                                          • Securities and Exchange Commission
                                                                                                          • Trump, Donald J

                                                                                                          After a week of squabbling in Washington, the cryptocurrency industry secured one of its primary legislative objectives and made progress toward a second one.

                                                                                                          Netflix’s Net Income Leaps to $3.1 Billion

                                                                                                          • Reality Television
                                                                                                          • Video Recordings, Downloads and Streaming
                                                                                                          • Movies
                                                                                                          • Company Reports
                                                                                                          • Netflix Inc

                                                                                                          It was another strong quarter for the streaming giant, which generated $11.1 billion in revenue.

                                                                                                          U.S. Proposes Steep Tariffs on Critical E.V. Battery Material

                                                                                                          • Graphite
                                                                                                          • Batteries
                                                                                                          • Electric and Hybrid Vehicles
                                                                                                          • International Trade and World Market
                                                                                                          • Prices (Fares, Fees and Rates)
                                                                                                          • Factories and Manufacturing
                                                                                                          • Customs (Tariff)
                                                                                                          • United States Politics and Government
                                                                                                          • Commerce Department
                                                                                                          • Tesla Motors Inc
                                                                                                          • Panasonic Corp
                                                                                                          • Ford Motor Co
                                                                                                          • General Motors
                                                                                                          • LG Energy Solution
                                                                                                          • China
                                                                                                          • Trump, Donald J

                                                                                                          The Commerce Department plans to impose a 93.5 percent levy on Chinese graphite, an essential ingredient in the batteries that power electric vehicles.

                                                                                                          With One Call, Trump Alters the Fate of a Contested Power Project

                                                                                                          • Grain Belt Express
                                                                                                          • United States Politics and Government
                                                                                                          • Electric Light and Power
                                                                                                          • Wind Power
                                                                                                          • Federal Aid (US)
                                                                                                          • Federal-State Relations (US)
                                                                                                          • Energy Department
                                                                                                          • Invenergy
                                                                                                          • Hawley, Josh D (1979- )
                                                                                                          • Bailey, Andrew (Attorney General)
                                                                                                          • Trump, Donald J
                                                                                                          • Wright, Chris (1965- )
                                                                                                          • Missouri
                                                                                                          • Kansas
                                                                                                          • Illinois
                                                                                                          • Indiana

                                                                                                          Grain Belt Express, a transmission line that would cross 800 miles of the Midwest, is at the center of a number of disputes.

                                                                                                          F.D.A. Approves Juul Vapes After Yearslong Delay

                                                                                                          • Regulation and Deregulation of Industry
                                                                                                          • E-Cigarettes
                                                                                                          • Youth
                                                                                                          • Smoking and Tobacco
                                                                                                          • Teenagers and Adolescence
                                                                                                          • Advertising and Marketing
                                                                                                          • Shopping and Retail
                                                                                                          • Suits and Litigation (Civil)
                                                                                                          • Menthol
                                                                                                          • Respiratory Diseases
                                                                                                          • Food and Drug Administration
                                                                                                          • Juul Labs Inc
                                                                                                          • Nicotine

                                                                                                          The company was accused of marketing its products to teenagers, causing a surge in use.

                                                                                                          What to Know About the Three Crypto Regulation Bills in Congress

                                                                                                          • United States Politics and Government
                                                                                                          • Regulation and Deregulation of Industry
                                                                                                          • Virtual Currency
                                                                                                          • Law and Legislation
                                                                                                          • Banking and Financial Institutions
                                                                                                          • Currency
                                                                                                          • Commodity Futures Trading Commission
                                                                                                          • Securities and Exchange Commission
                                                                                                          • House of Representatives
                                                                                                          • Waters, Maxine

                                                                                                          The House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures cleared Congress and is on its way to enactment.

                                                                                                          Judge Scraps Rule Eliminating Medical Debt on Credit Reports

                                                                                                          • Decisions and Verdicts
                                                                                                          • Credit and Debt
                                                                                                          • Personal Finances
                                                                                                          • Credit Scores
                                                                                                          • Suits and Litigation (Civil)
                                                                                                          • Law and Legislation
                                                                                                          • Consumer Behavior
                                                                                                          • Consumer Protection
                                                                                                          • Trump, Donald J
                                                                                                          • Consumer Financial Protection Bureau

                                                                                                          The Trump administration joined with trade groups to ask a court to overturn a Biden-era rule that aimed to limit the impact of unpaid medical bills on consumers’ credit history.

                                                                                                          PepsiCo Reaches for Protein and Fiber to Boost Sales of Frito-Lay Snacks

                                                                                                          • Snack Foods
                                                                                                          • Beverages
                                                                                                          • Soft Drinks
                                                                                                          • Food
                                                                                                          • Color
                                                                                                          • Fiber (Dietary)
                                                                                                          • Potato Chips
                                                                                                          • Frito-Lay Inc
                                                                                                          • Pepsico Inc
                                                                                                          • Coca-Cola Company
                                                                                                          • Consumer Behavior

                                                                                                          The food giant said its Frito-Lay snack division planned to make a line of Cheetos and Doritos with no artificial colors or flavors, as demand falters.

                                                                                                          Trump’s Attacks on Powell and the Fed Ripple Through Global Economy

                                                                                                          • United States Politics and Government
                                                                                                          • Interest Rates
                                                                                                          • Inflation (Economics)
                                                                                                          • Economic Conditions and Trends
                                                                                                          • Federal Reserve System
                                                                                                          • Powell, Jerome H
                                                                                                          • Trump, Donald J
                                                                                                          • Banking and Financial Institutions

                                                                                                          The independence of central banks, which allows policymakers to operate free from political meddling, is considered sacrosanct by investors and economists.

                                                                                                          Ron Wyden, a Democrat, Won’t Let Go of the Jeffrey Epstein Case, Either

                                                                                                          • Epstein, Jeffrey E (1953- )
                                                                                                          • Wyden, Ron
                                                                                                          • Trump, Donald J
                                                                                                          • Sex Crimes
                                                                                                          • Human Trafficking
                                                                                                          • Child Abuse and Neglect
                                                                                                          • Banking and Financial Institutions
                                                                                                          • Suits and Litigation (Civil)
                                                                                                          • Suicides and Suicide Attempts
                                                                                                          • High Net Worth Individuals
                                                                                                          • Ethics and Official Misconduct
                                                                                                          • Deutsche Bank AG
                                                                                                          • Bank of New York Mellon Corporation
                                                                                                          • Bank of America Corporation
                                                                                                          • JPMorgan Chase & Company
                                                                                                          • Justice Department
                                                                                                          • Federal Bureau of Investigation
                                                                                                          • Bondi, Pamela J
                                                                                                          • Virgin Islands (US)

                                                                                                          Senator Ron Wyden has found that four banks waited until Mr. Epstein’s arrest on federal charges to flag $1.5 billion in suspicious transactions. Mr. Wyden wants the documents made public.

                                                                                                          ‘Crypto Week’ Is Back on Track After House G.O.P. Quells Conservative Revolt

                                                                                                          • Trump, Donald J
                                                                                                          • Republican Party
                                                                                                          • United States Politics and Government
                                                                                                          • Virtual Currency
                                                                                                          • Conservatism (US Politics)

                                                                                                          The House is set to vote on a series of high-stakes bills backed by the cryptocurrency industry, after top Republicans brokered a deal with a group of dissenters in their ranks.

                                                                                                          Substack Raises $100 Million, Betting on Subscriptions but Coming Around to Ads

                                                                                                          • Newsletters
                                                                                                          • Social Media
                                                                                                          • Online Advertising
                                                                                                          • Mobile Applications
                                                                                                          • Venture Capital
                                                                                                          • Substack Inc

                                                                                                          Substack, originally a newsletter service, says its app now has millions of users interacting with its creators.

                                                                                                          Will Investors Ever Believe Trump’s Threats Against Powell?

                                                                                                          • internal-storyline-no
                                                                                                          • Regulation and Deregulation of Industry
                                                                                                          • Federal Reserve System
                                                                                                          • Powell, Jerome H
                                                                                                          • Trump, Donald J
                                                                                                          • Appointments and Executive Changes
                                                                                                          • Stocks and Bonds
                                                                                                          • Government Bonds

                                                                                                          President Trump has become more hostile to the Federal Reserve’s chair. Markets aren’t worried yet, but some on Wall Street are getting more concerned.

                                                                                                          They Grew Up on Mexican Coke. Trump’s Cane Sugar Plan Makes Them Uneasy.

                                                                                                          • Soft Drinks
                                                                                                          • Sugar
                                                                                                          • Mexican-Americans
                                                                                                          • Corn Syrup and Sweeteners
                                                                                                          • Coca-Cola Company
                                                                                                          • Mexico
                                                                                                          • United States
                                                                                                          • Beverages
                                                                                                          • Los Angeles (Calif)
                                                                                                          • California
                                                                                                          • San Francisco (Calif)
                                                                                                          • Fomento Economico Mexicano SAB de CV (FEMSA)
                                                                                                          • Coca-Cola Femsa SAB de CV

                                                                                                          After President Trump announced that Coke will be made with cane sugar in the U.S., as it is in Mexico, foodies of Mexican heritage said in interviews that they weren’t excited.

                                                                                                          Trump Wants Lower Rates. Firing Powell Could Push Them Higher.

                                                                                                          • United States Politics and Government
                                                                                                          • United States Economy
                                                                                                          • Appointments and Executive Changes
                                                                                                          • Interest Rates
                                                                                                          • Government Bonds
                                                                                                          • Credit and Debt
                                                                                                          • National Debt (US)
                                                                                                          • Powell, Jerome H
                                                                                                          • Trump, Donald J
                                                                                                          • Burns, Arthur F
                                                                                                          • Federal Reserve System

                                                                                                          Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher returns if the central bank’s independence comes into question.

                                                                                                          Wall St. Firms Are Buying Utilities to Tap Into the A.I. Boom

                                                                                                          • Mergers, Acquisitions and Divestitures
                                                                                                          • Private Equity
                                                                                                          • Data Centers
                                                                                                          • Electric Light and Power
                                                                                                          • Regulation and Deregulation of Industry
                                                                                                          • Global Warming
                                                                                                          • Artificial Intelligence
                                                                                                          • Prices (Fares, Fees and Rates)
                                                                                                          • Corporations
                                                                                                          • Allete Inc
                                                                                                          • Blackstone Group, The
                                                                                                          • Global Infrastructure Partners
                                                                                                          • Minnesota Power
                                                                                                          • BlackRock Inc
                                                                                                          • Minnesota

                                                                                                          Consumer groups say proposals by BlackRock and Blackstone to buy energy companies in Minnesota, New Mexico and Texas could hurt residents.

                                                                                                          Help! My Debit Card Issuer Won’t Cover a Thief’s Cash Withdrawal.

                                                                                                          • Travel and Vacations
                                                                                                          • Frauds and Swindling
                                                                                                          • Credit Cards
                                                                                                          • Automated Teller Machines
                                                                                                          • Robberies and Thefts
                                                                                                          • Banking and Financial Institutions
                                                                                                          • Content Type: Service
                                                                                                          • Citigroup Inc
                                                                                                          • Barcelona (Spain)

                                                                                                          A thief swiped a traveler’s wallet at the Barcelona airport and later used her card to take out more than $1,100 in cash. Why was her fraud claim denied?

                                                                                                          Has Japan’s ‘Rice Minister’ Brought Down Prices Enough to Save His Party?

                                                                                                          • Rice
                                                                                                          • Prices (Fares, Fees and Rates)
                                                                                                          • International Trade and World Market
                                                                                                          • Shortages
                                                                                                          • Customs (Tariff)
                                                                                                          • United States International Relations
                                                                                                          • Economic Conditions and Trends
                                                                                                          • Liberal Democratic Party (Japan)
                                                                                                          • Koizumi, Shinjiro
                                                                                                          • Ishiba, Shigeru
                                                                                                          • Japan

                                                                                                          Shinjiro Koizumi has scrambled to cut soaring rice prices ahead of a high-stakes election this weekend. Will it be enough to buoy support for the Liberal Democratic Party?

                                                                                                          ‘Who Killed Love?’ A Video Game Plays to Male Resentment in China.

                                                                                                          • China
                                                                                                          • Computer and Video Games
                                                                                                          • Women and Girls
                                                                                                          • Women's Rights
                                                                                                          • Computers and the Internet
                                                                                                          • Men and Boys

                                                                                                          A popular and contentious game, Revenge on Gold Diggers, sheds light on misogyny, inequality and the feeling among many men that they are economic victims.

                                                                                                          Canadian Retailer Couche-Tard Abandons Its $47 Billion Bid to Buy 7-Eleven

                                                                                                          • 7-Eleven
                                                                                                          • Alimentation Couche-Tard Inc
                                                                                                          • Japan
                                                                                                          • Convenience Stores
                                                                                                          • Mergers, Acquisitions and Divestitures

                                                                                                          Alimentation Couche-Tard’s $47 billion bid spurred changes at the chain’s Japanese owner. Now, the question is whether that momentum will carry forward.

                                                                                                          What Is a Coffee Bucket? A Trend has Lattes Going Big for Attention.

                                                                                                          • Coffee
                                                                                                          • Social Media
                                                                                                          • Coffeehouses
                                                                                                          • Small Business
                                                                                                          • Beverages
                                                                                                          • TikTok (ByteDance)

                                                                                                          Across the United States, cafes are serving jumbo-size coffee drinks in plastic buckets. The gimmick is working.

                                                                                                          Congress Was Supposed to Vote on 3 Crypto Bills This Week

                                                                                                          • Virtual Currency
                                                                                                          • Law and Legislation
                                                                                                          • Regulation and Deregulation of Industry
                                                                                                          • House of Representatives
                                                                                                          • Republican Party
                                                                                                          • United States Politics and Government
                                                                                                          • Political Action Committees
                                                                                                          • Computers and the Internet
                                                                                                          • Coinbase Inc
                                                                                                          • Binance
                                                                                                          • Securities and Exchange Commission
                                                                                                          • Lobbying and Lobbyists
                                                                                                          • Trump, Donald J

                                                                                                          The crypto industry was headed for a landmark moment in the House with three bills that it helped push going to a vote. But a coalition of ultraconservative House Republicans staged a mutiny.

                                                                                                          Henry Raymont, First to Report Bay of Pigs Invasion, Dies at 98

                                                                                                          • Raymont, Henry
                                                                                                          • Deaths (Obituaries)
                                                                                                          • News and News Media
                                                                                                          • Bay of Pigs Invasion (1961)
                                                                                                          • Castro, Fidel
                                                                                                          • Cuba
                                                                                                          • United Press International
                                                                                                          • New York Times
                                                                                                          • Latin America

                                                                                                          On assignment for U.P.I. in Cuba, he learned of the U.S.- backed effort to overthrow Fidel Castro and was imprisoned. He later worked for The New York Times.

                                                                                                          He Helped Create NPR. Now He May See it Be Defunded.

                                                                                                          • Radio
                                                                                                          • News and News Media
                                                                                                          • Public Broadcasting
                                                                                                          • Freedom of the Press
                                                                                                          • Federal Aid (US)
                                                                                                          • United States Politics and Government
                                                                                                          • Corp for Public Broadcasting
                                                                                                          • National Public Radio
                                                                                                          • Siemering, Bill
                                                                                                          • Trump, Donald J
                                                                                                          • All Things Considered (Radio Program)
                                                                                                          • Fresh Air (Radio Program)

                                                                                                          Bill Siemering, 91, says potential funding cuts put a “unique, invaluable cultural resource” at risk.

                                                                                                          Republican Tax Bill Is a Losing Deal for Gamblers

                                                                                                          • United States Politics and Government
                                                                                                          • Gambling
                                                                                                          • Taxation
                                                                                                          • Tax Credits, Deductions and Exemptions
                                                                                                          • Casinos
                                                                                                          • One Big Beautiful Bill Act (2025)
                                                                                                          • Republican Party
                                                                                                          • Senate
                                                                                                          • House of Representatives
                                                                                                          • Trump, Donald J

                                                                                                          The law is creating backlash from the gambling industry and bettors who could owe taxes even if they break even.

                                                                                                          How Republicans Supersized Silicon Valley’s Favorite Tax Break

                                                                                                          • One Big Beautiful Bill Act (2025)
                                                                                                          • Start-ups
                                                                                                          • Tax Credits, Deductions and Exemptions
                                                                                                          • Computers and the Internet
                                                                                                          • Capital Gains Tax
                                                                                                          • Corporate Taxes
                                                                                                          • Venture Capital
                                                                                                          • Trump, Donald J
                                                                                                          • Republican Party
                                                                                                          • United States Politics and Government

                                                                                                          Tucked into the huge set of tax cuts that Republicans passed into law this month was the expansion of an unusually valuable tax break for start-up investors.

                                                                                                          Steve Benson, a Skewering, Pulitzer-Winning Cartoonist, Dies at 71

                                                                                                          • Benson, Steve (1954-2025)
                                                                                                          • Deaths (Obituaries)
                                                                                                          • Cartoons and Cartoonists
                                                                                                          • Arizona Republic
                                                                                                          • Pulitzer Prizes
                                                                                                          • Mormons (Church of Jesus Christ of Latter-Day Saints)
                                                                                                          • United States Politics and Government

                                                                                                          With national reach, he won the prize in 1993 and was a finalist for it four times while at The Arizona Republic. Some of his work rankled his own Mormon community.

                                                                                                          Trump Has Penned Letter To Fire Fed Chair Jerome Powell

                                                                                                          • Powell, Jerome H
                                                                                                          • Federal Reserve System
                                                                                                          • Trump, Donald J
                                                                                                          • United States Politics and Government
                                                                                                          • Banking and Financial Institutions
                                                                                                          • Regulation and Deregulation of Industry
                                                                                                          • Appointments and Executive Changes

                                                                                                          The president waved a copy of a draft letter firing Jerome H. Powell at a meeting in the Oval Office with House Republicans. It remains to be seen whether he follows through with his threat.

                                                                                                          Nvidia C.E.O. Treads Carefully in Beijing

                                                                                                          • NVIDIA Corporation
                                                                                                          • Huang, Jen-Hsun
                                                                                                          • China
                                                                                                          • Artificial Intelligence
                                                                                                          • Computer Chips
                                                                                                          • Regulation and Deregulation of Industry
                                                                                                          • Politics and Government
                                                                                                          • Rare Earths
                                                                                                          • International Trade and World Market
                                                                                                          • United States International Relations
                                                                                                          • Trump, Donald J

                                                                                                          Jensen Huang, the chipmaker’s chief executive, is trying to balance his company’s interests as the United States and China compete for supremacy in artificial intelligence.

                                                                                                          Goldman Sachs Sets Series of Records on Tariff Swings

                                                                                                          • Bank of America Corporation
                                                                                                          • Morgan Stanley
                                                                                                          • Goldman Sachs Group Inc
                                                                                                          • Banking and Financial Institutions
                                                                                                          • Customs (Tariff)

                                                                                                          Goldman and other investment banks are feeding off a Trump boom.

                                                                                                          Is This Restaurant the Only Thing Democrats and Republicans Agree On?

                                                                                                          • Restaurants
                                                                                                          • United States Politics and Government
                                                                                                          • Chefs
                                                                                                          • Content Type: Personal Profile
                                                                                                          • Sustainable Living
                                                                                                          • Diet and Nutrition
                                                                                                          • Italian Food (Cuisine)
                                                                                                          • Ama (Washington, DC, Restaurant)
                                                                                                          • Hellrigl, Johanna
                                                                                                          • Washington (DC)
                                                                                                          • Republican Party
                                                                                                          • Democratic Party

                                                                                                          In polarized Washington, Ama is drawing leaders from both camps with an anti-additive menu and a vow to bar all manner of toxicity.

                                                                                                          Dimon Warns That Private Credit May Be at Its Peak

                                                                                                          • internal-storyline-no
                                                                                                          • Dimon, James
                                                                                                          • JPMorgan Chase & Company
                                                                                                          • Banking and Financial Institutions
                                                                                                          • Private Equity

                                                                                                          The JPMorgan Chase chief has long been skeptical of the nontraditional, and less regulated, lending business. Now he thinks its best days may be over.

                                                                                                          Trump Announces ‘Great Deal’ on Trade With Indonesia

                                                                                                          • International Relations
                                                                                                          • United States Politics and Government
                                                                                                          • International Trade and World Market
                                                                                                          • Customs (Tariff)
                                                                                                          • United States International Relations
                                                                                                          • Prabowo Subianto
                                                                                                          • Trump, Donald J
                                                                                                          • Indonesia

                                                                                                          President Trump said the agreement would partly walk back some of the steep tariffs he threatened on the country last week. Indonesia’s president called Mr. Trump a “tough negotiator.”

                                                                                                          The Economy Seems Healthy. Were the Warnings About Tariffs Overblown?

                                                                                                          • Customs (Tariff)
                                                                                                          • Prices (Fares, Fees and Rates)
                                                                                                          • Consumer Behavior
                                                                                                          • Shopping and Retail
                                                                                                          • Recession and Depression
                                                                                                          • Inflation (Economics)
                                                                                                          • United States Economy
                                                                                                          • Layoffs and Job Reductions
                                                                                                          • Trump, Donald J
                                                                                                          • United States Politics and Government

                                                                                                          Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t sure how long.

                                                                                                          Looking for a Summer Ski Fix? Head to South America.

                                                                                                          • Travel and Vacations
                                                                                                          • Summer (Season)
                                                                                                          • Skiing
                                                                                                          • Hotels and Travel Lodgings
                                                                                                          • Mendoza (Argentina)
                                                                                                          • Argentina
                                                                                                          • Chile
                                                                                                          • Andes Mountains

                                                                                                          In Chile and Argentina, dramatic slopes, lots of snow and an unusual après ski scene await.

                                                                                                          America’s Whey Protein Obsession Is Transforming the Dairy Industry

                                                                                                          • Dairy Products
                                                                                                          • Cheese
                                                                                                          • Agriculture and Farming
                                                                                                          • Diet and Nutrition
                                                                                                          • Proteins
                                                                                                          • GLP-1 RAs (Drug)
                                                                                                          • Weight Lifting
                                                                                                          • Dietary Supplements and Herbal Remedies
                                                                                                          • Wisconsin
                                                                                                          • United States

                                                                                                          Whey, the liquid byproduct of cheese making, was once considered waste. Now it is a key ingredient in the protein powders that Ozempic users and weight lifters are downing in ever-greater amounts.

                                                                                                          China Is Spending Billions to Become an A.I. Superpower

                                                                                                          • China
                                                                                                          • Artificial Intelligence
                                                                                                          • Politics and Government
                                                                                                          • Computers and the Internet
                                                                                                          • Start-ups
                                                                                                          • Computer Chips
                                                                                                          • International Relations
                                                                                                          • Regulation and Deregulation of Industry
                                                                                                          • Data Centers
                                                                                                          • Beijing Bytedance Technology Co Ltd
                                                                                                          • DeepSeek Artificial Intelligence Co Ltd
                                                                                                          • NVIDIA Corporation
                                                                                                          • OpenAI Labs
                                                                                                          • Hangzhou (China)

                                                                                                          Beijing is taking an industrial policy approach to help its A.I. companies close the gap with those in the United States.

                                                                                                          Mamdani Says He Will ‘Discourage’ the Term ‘Globalize the Intifada’

                                                                                                          • Mayors
                                                                                                          • International Relations
                                                                                                          • Israel-Gaza War (2023- )
                                                                                                          • Primaries and Caucuses
                                                                                                          • Elections, Mayors
                                                                                                          • United States Politics and Government
                                                                                                          • Liberalism (US Politics)
                                                                                                          • Democratic Party
                                                                                                          • Mamdani, Zohran
                                                                                                          • New York City

                                                                                                          Zohran Mamdani, the Democratic nominee in the race for mayor of New York City, moved to distance himself from comments that sparked outrage during the primary.

                                                                                                          Trump Administration Initiates Trade Investigation of Brazil

                                                                                                          • United States Politics and Government
                                                                                                          • United States International Relations
                                                                                                          • International Trade and World Market
                                                                                                          • Bolsonaro, Jair (1955- )
                                                                                                          • Trump, Donald J
                                                                                                          • Greer, Jamieson L
                                                                                                          • Office of the United States Trade Representative
                                                                                                          • Brazil

                                                                                                          The United States has begun investigating Brazil’s trade practices and “anti-corruption interference,” after the president’s criticisms of Brazil’s treatment of Jair Bolsonaro, a Trump ally.

                                                                                                          Federal Prosecutors Close Inquiry Into Polymarket Betting Website

                                                                                                          • Gambling
                                                                                                          • Virtual Currency
                                                                                                          • Computers and the Internet
                                                                                                          • Commodity Futures Trading Commission
                                                                                                          • Polymarket (Adventure One QSS Inc)
                                                                                                          • Coplan, Shayne
                                                                                                          • Regulation and Deregulation of Industry

                                                                                                          The site became prominent last year when people bet on the outcome of the 2024 presidential election.

                                                                                                          France Proposes Cutting Two Public Holidays to Avert Budget Crisis

                                                                                                          • Politics and Government
                                                                                                          • Credit and Debt
                                                                                                          • Recession and Depression
                                                                                                          • Bayrou, Francois
                                                                                                          • France
                                                                                                          • Holidays and Special Occasions
                                                                                                          • Economic Conditions and Trends

                                                                                                          Drastic measures are necessary “before we are crushed by the debt,” the country’s prime minister warned.

                                                                                                          Jamie Dimon Backs Jerome Powell Over Trump in Fed Fight

                                                                                                          • Dimon, James
                                                                                                          • JPMorgan Chase & Company
                                                                                                          • Powell, Jerome H
                                                                                                          • Federal Reserve System
                                                                                                          • Banking and Financial Institutions
                                                                                                          • Regulation and Deregulation of Industry
                                                                                                          • United States Politics and Government
                                                                                                          • United States Economy
                                                                                                          • Trump, Donald J

                                                                                                          The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over the Federal Reserve chair.

                                                                                                          Rising Inflation Underscores Risks in Trump’s New Tariff Threats

                                                                                                          • Customs (Tariff)
                                                                                                          • Prices (Fares, Fees and Rates)
                                                                                                          • Inflation (Economics)
                                                                                                          • Consumer Price Index
                                                                                                          • United States Economy
                                                                                                          • United States Politics and Government
                                                                                                          • Federal Reserve System
                                                                                                          • Trump, Donald J
                                                                                                          • Consumer Behavior

                                                                                                          New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug. 1.

                                                                                                          Trump Administration Will Limit Medicare Spending on Pricey Bandages

                                                                                                          • Medicare
                                                                                                          • Prices (Fares, Fees and Rates)
                                                                                                          • Doctors
                                                                                                          • Skin
                                                                                                          • Regulation and Deregulation of Industry
                                                                                                          • United States Politics and Government
                                                                                                          • Oz, Mehmet C
                                                                                                          • Trump, Donald J
                                                                                                          • Centers for Medicare and Medicaid Services

                                                                                                          In an about-face, the administration is cracking down on so-called skin substitutes, overused treatments that cost Medicare more than $10 billion last year.

                                                                                                          Mamdani Prepares to Meet With New York City’s Wary Business Leaders

                                                                                                          • New York City
                                                                                                          • Mamdani, Zohran
                                                                                                          • Elections, Mayors
                                                                                                          • Mayors
                                                                                                          • Politics and Government
                                                                                                          • Corporations
                                                                                                          • Banking and Financial Institutions
                                                                                                          • Partnership for New York City
                                                                                                          • Cuomo, Andrew M
                                                                                                          • Jeffries, Hakeem
                                                                                                          • Wylde, Kathryn S

                                                                                                          On Tuesday, Zohran Mamdani, a democratic socialist running for mayor, will meet with the who’s who of the corporate world as he prepares for the general election.

                                                                                                          China Puts New Restrictions on E.V. Battery Manufacturing Technology

                                                                                                          • China
                                                                                                          • Electric and Hybrid Vehicles
                                                                                                          • Batteries
                                                                                                          • Factories and Manufacturing
                                                                                                          • Regulation and Deregulation of Industry
                                                                                                          • International Relations
                                                                                                          • Magnets and Magnetism
                                                                                                          • Rare Earths
                                                                                                          • BYD Co Ltd
                                                                                                          • Contemporary Amperex Technology Ltd
                                                                                                          • Ministry of Commerce (China)

                                                                                                          Beijing will now require government licenses for any effort to transfer abroad the technologies crucial for producing inexpensive electric cars.

                                                                                                          CPI Shows US Inflation Sped Up in June as Trump’s Tariffs Pushed Up Prices

                                                                                                          • Inflation (Economics)
                                                                                                          • United States Economy
                                                                                                          • Prices (Fares, Fees and Rates)
                                                                                                          • Consumer Price Index
                                                                                                          • Interest Rates
                                                                                                          • Federal Reserve System
                                                                                                          • Customs (Tariff)
                                                                                                          • Trump, Donald J
                                                                                                          • United States Politics and Government

                                                                                                          The Consumer Price Index rose 2.7 percent from a year earlier, as the global trade war started to bite.

                                                                                                          Nvidia and AMD Stocks Soar as Trump Administration Lifts A.I. Chip Sale Restrictions

                                                                                                          • internal-storyline-no
                                                                                                          • NVIDIA Corporation
                                                                                                          • Advanced Micro Devices Inc.
                                                                                                          • Trump, Donald J
                                                                                                          • Huang, Jen-Hsun
                                                                                                          • Computer Chips
                                                                                                          • International Trade and World Market
                                                                                                          • Customs (Tariff)

                                                                                                          The tech giants said they can resume selling high-end semiconductors to China, in what appears to be a major about-face for the Trump administration.