Orsted Stock Plummets to Record Low After Trump Halts U.S. Wind Farm
An order to stop work on the Revolution Wind project off Rhode Island further rattled the beleaguered Danish company.
Market Console
You’re Probably Thinking About the Future All Wrong
Nick Foster helped Apple and Google envision the future. He has some notes.
Intel Agrees to Sell U.S. a 10% Stake in Its Business
The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 financial crisis.
Jay Powell Takes Center Stage with Friday’s Jackson Hole Address
The Fed chief is expected to address inflation, interest rates and the economy in his speech on Friday. Will he also confront President Trump’s attacks on central bank independence?
Trump Starts Investigation That Could Lead to Tariffs on Wind Turbines
The tariffs would hamper a clean energy industry that the president has often railed against.
What Will Powell Do Now?
President Trump’s attack on a Federal Reserve governor comes as the White House seeks more control over the central bank. Will the Fed’s leader push back?
Europe Gets a Written Trump Trade Deal, With a Caveat for Automakers
The European Union and United States have been negotiating the joint text for weeks. The deal is much as expected, but tariff relief for European cars may not be immediate.
Is the A.I. Sell-off the Start of Something Bigger?
A sharp drop in technology stocks, and even comments by OpenAI’s Sam Altman, suggest investors are getting too exuberant about artificial intelligence.
OpenAI Employee Stock Sale Would Value ChatGPT Maker at $500 Billion
At $500 billion, OpenAI would become the world’s most valuable privately held company.
Trump May Further Redefine U.S. Capitalism With an Intel Move
The White House’s deliberations about taking a stake in Intel could upend the technology sector — and further redefine how Washington deals with business.
Economic Data Has Taken a Dark Turn. That Doesn’t Mean a Crash Is Near.
Inflation is up and job creation down, but the U.S. economy could still pull through without too much pain.
Soho House to Be Taken Private in $2.7 Billion Deal
Ashton Kutcher will join the board of the company, an operator of private clubs, which has faced criticism from investors over its business model.
The Bull and Bear Cases for Another Market Rally
Stocks are still flying high. But doubts are creeping in about the S&P 500’s run, as some analysts have flashbacks to valuations during the dotcom boom.
A New Way to Reduce Children’s Deaths: Cash
Simply giving money to poor families at certain times reduced deaths among young children by nearly half, a new study found.
New Texas Laws Open a Wild West for Corporate Governance
The state has handed big business a series of legislative wins as it races to woo corporations from Delaware, including a law that helped pave the way for Elon Musk’s big Tesla payday.
What Business Will Be Watching For in the Trump-Putin Talks
Normalized economic ties between Russia and the West may be a long way off, but there’s global interest in what’s said about sanctions and tariffs.
Elon Musk’s SpaceX Most Likely Doesn’t Pay Taxes
Elon Musk’s rocket company relies on federal contracts, but years of losses have most likely let it avoid paying federal income taxes, according to internal company documents.
Trump’s Pay-for-Play Chips Deal May not Be the Last
The Trump administration’s unorthodox Chinese export pact with Nvidia and Advanced Micro Devices is worrying trade experts.
Trump Warns of Economic Disaster if Court Strikes Down Tariffs
The president has crowed about the billions of dollars collected so far from tariffs. That money could be at risk if the White House loses the legal battle.
Why Investors Are Again Euphoric About Interest Rates
The S&P 500 is approaching a record on bets that Federal Reserve will lower borrowing costs despite uncertainty over President Trump’s trade war.