Investors search for a way forward Global markets have gone from “yippy” to feeling calmer, with stocks in Asia and Europe mostly higher this morning and the dollar showing signs of life. But business leaders and consumers are still bracing for more aftershocks from President Trump’s trade war, while many …
David M. Childs, an architect who crowned the New York City skyline with the tallest building in the Americas — a shimmering new 1 World Trade Center in place of the twin towers destroyed on 9/11 — died on Wednesday in Pelham, N.Y. He was 83. The cause was Lewy …
The cloud behind the inflation silver lining Even upbeat economic news can offer little comfort to markets and the C-suite. Stocks look set to open lower as relief over Wednesday’s better-than-expected inflation report fades, and concerns grow that a trade war could sap consumer spending and corporate profits. That’s led …
In just one week, the John F. Kennedy Center for the Performing Arts in Washington has been completely transformed. President Trump purged the center’s board of all Biden appointees and installed himself as chairman, ousting the financier David M. Rubenstein, the center’s largest donor. The new board fired Deborah F. …
The trouble started in August 2017 when the television producer Norman Lear said he was skipping a White House reception for his Kennedy Center Honors award. Another honoree, the dancer and choreographer Carmen de Lavallade, pulled out after President Trump said there were “very fine people on both sides” of …
Turo, a car rental start-up in San Francisco, has been trying to go public since 2021. But a volatile stock market in early 2022 delayed its listing. Since then, the company has waited for the right moment. Last week, Turo pulled its listing entirely. “Now is not the right time,” …
Follow live updates on Trump’s cabinet picks and other administration news. Wall Street has not typically been accused of doing too much for women and minority groups. The financial services industry, after all, is one in which more major banks are named after the Morgan family than led by a …
President Biden warned in his farewell address to the nation last week that an oligarchy is taking shape in America. In Washington, the oligarchs are already here, buying big houses. Counting President-elect Donald J. Trump himself, there are at least a dozen billionaires among his cabinet picks and those headed …