NYT > Business

For Xi’s Critics, Trump’s China Visit Is Fuel for Jokes They Can’t Tell

On Threads and other sites, liberal-minded Chinese accounts were mocking the proceedings and offering a rare window into opinions on Xi Jinping and his leadership style.
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Some Medicare Patients Can Now Get Free CBD

The Trump administration has authorized a test program to see if the cannabis compound can ease some symptoms and reduce health care costs among older patients.
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Starbucks to Layoff 300 Corporate Workers

The company said it would close four regional offices and take a $400 million charge related to the changes.
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‘No Essay’ College Scholarships May Have Unseen Strings Attached

Unlike traditional financial aid, the prizes are awarded by random drawings. The websites, in turn, gain access to applicants’ personal information.
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What Trump Gained, and Didn’t, From China

President Trump is returning home from Beijing after a two-day summit that achieved a few deals but left investors and analysts underwhelmed.
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Oil Prices Rise as Trump-Xi Summit Yields No Clear Breakthroughs on Iran War

Hopes for an end to the war in Iran faded after President Trump failed to secure a commitment from China to help persuade Iran to reopen the Strait of Hormuz.
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Elon Musk’s Awkward Selfie Moment With a Chinese Billionaire in Beijing

A few seconds of selfie awkwardness between Elon Musk and Lei Jun, a prominent Chinese entrepreneur, has spread like wildfire on China’s social media.
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Trump Touts ‘Fantastic Trade Deals’ With China, but Details Are Scarce

The president left Beijing following a summit with China, during which the two countries sought to stabilize their economic and political relations.
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Medicare Coverage for GLP-1 Weight Loss Drugs: Cost, Eligibility and What to Know

What you should know about the federal government’s pilot program offering GLP-1s solely for weight loss.
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As Powell Steps Down, the Fed Confronts ‘Regime Change’

Jerome H. Powell is passing the chair’s baton to Kevin M. Warsh at the Federal Reserve, an institution that President Trump’s pick says needs an overhaul.
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Joe Sedelmaier, Auteur Behind ‘Where’s the Beef?’ Ad, Dies at 92

He directed nearly 1,000 comedic commercials, including a much-quoted spot for Wendy’s and one for FedEx featuring a manic speed talker.
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It’s Not Just U.S. Stocks. A.I. and Oil Are Moving Global Markets, Too.

Intel, along with Taiwan and South Korea, are the latest winners, our columnist says. True diversification is hard to find.
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Nvidia’s Future in China Remains Unclear After Trump-Xi Summit

The standoff comes as Chinese firms increasingly turn to domestic chipmakers like Huawei, in a drive to reduce China’s dependence on Western technologies.
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Trump Announces Boeing Jet Order From China. Beijing Stays Silent.

The deal, if it materializes, would be a major win for Boeing, which has lost ground to Airbus in one of the world’s largest aviation markets.
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Spies, Sanctions, Cyberattacks: China and the U.S. Clash Behind the Scenes

After months of avoiding confrontation, the Trump administration has taken recent steps to call out China on Iran, artificial intelligence and spying.
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Cerebras, A.I. Chip Maker, Rises 89% in Market Debut as Tech IPOs Ramp Up

Cerebras, a Silicon Valley maker of artificial intelligence chips, began trading on the stock market on Thursday, as SpaceX, OpenAI and Anthropic also take steps to go public.
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Consumers Spent More in April Despite High Gas Prices

Retail sales rose 0.5 percent despite higher prices for gas, food and other goods. But there are signs consumers are under some strain.
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Trump Might Welcome Chinese Investment, but America Is Wary

A pledge for more Chinese investment could face backlash given longstanding national security concerns in the United States.
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The Met Will Expand by Merging With the Nearby Neue Galerie

Beginning in 2028, the Metropolitan Museum of Art will own the Neue’s Fifth Avenue home and the prestige collection of 20th-century Austrian and German art built by Ronald S. Lauder.
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A Fact Check of Trump’s Claims on Inflation and Gas Prices in Iran War

He has minimized soaring gas prices, rising inflation and the American economy’s need for the Strait of Hormuz.
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In Qatar, Energy Sector Damage Is Severe, and the Way Back Will Be Long

Iranian strikes and a blockade have paralyzed Qatar’s gas engine, creating a technical bottleneck likely to stall exports for years.
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Dan Loeb, Bobby Kotick and Other Business Leaders Backing Spencer Pratt

The former reality-TV star has shaken up the Los Angeles mayoral race, gaining support from deep-pocketed donors like the financier Daniel S. Loeb.
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Oil Prices Waver as Trump Meets China’s Xi to Discuss Strait of Hormuz

The president is expected to urge the Chinese leader to help ease tensions in the Middle East by helping to persuade Iran to end the war.
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Can Some Very Tiny Particles Cool the Planet? One Tech Company Says Yes.

Stardust Solutions says its tiny spheres can reflect the sun’s rays without harming people or the environment. Critics say private companies have no business altering Earth’s atmosphere.
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Conservative Influencers Tap a Nonprofit to Pay for Their Security

A charity is raising money to provide security, arguing that protecting some of right-wing media’s biggest stars is a public good.
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Crypto Industry Pushes a Bill to Tilt Regulation in Its Favor

After a series of political victories under President Trump, firms are lobbying Congress for a sweeping framework they helped shape.
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Honda Posts First-Ever Annual Loss After Pullback From E.V.s

The Japanese automaker posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans.
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Mamdani Urges State to Block Western Union’s Deal for Intermex

New York City’s mayor said the company’s proposed acquisition of Intermex could make it costlier for immigrants to send money abroad.
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Trump Administration Will Withhold $1.3 Billion in Medicaid Payments to California

Vice President JD Vance said the state had not done enough to fight fraud in the public health insurance program.
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What to Watch at Trump and Xi’s U.S.-China Summit

Here’s what to know about the biggest sources of tension in U.S.-China relations before the first summit in Beijing in nine years between the nations’ leaders.
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Senate Confirms Kevin Warsh as Fed Chair

President Trump’s pick to replace Jerome H. Powell takes the helm at a highly uncertain moment for the economy and with heightened concern about the Federal Reserve’s ability to operate independently.
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Eric Trump, Who Runs the Family Business, Hops Along on the Plane to China

The president’s middle son is said to be joining his father in a “personal capacity” rather than to make business deals.
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Trump Administration Pushes I.R.S. to Identify Undocumented Immigrants

The deliberations are a sign that the Trump administration may once again try to harness the power of the I.R.S. to advance its immigration agenda.
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Fatih Birol of the International Energy Agency: What It Will Take to End the Energy Crisis

Fatih Birol of the International Energy Agency, who orchestrated a multinational release of oil reserves, detailed the risks facing the economy now and beyond.
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Rich Danker, RFK Jr.’s Top Spokesman, Resigns in Protest Over New Vaping Policy

In a letter to President Trump, the spokesman, Rich Danker, said allowing the sale of flavored e-cigarettes would enhance their appeal to children.
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Why the Bombing of Iran Tied the U.S. More Closely to China

As the U.S. tries to rebuild its weapons stockpiles drained in the Iran war, it will need access to rare-earth minerals, an industry China dominates.
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A Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public

Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.
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Dozens of Polymarket Bets Show Signs of Insider Trading, The Times Finds

Dozens of long-shot bets on Polymarket, from the war with Iran to the cryptocurrency market, have defied the odds, according to a New York Times examination.
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Fuel Prices Drive Sales of E.V.s, Just Not in the U.S.

Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.
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With a Friend in Trump, the Tobacco Industry Secures a Lucrative Win

In a dispute over vapes, the president sided with tobacco companies that filled his groups’ coffers over his own F.D.A. commissioner, who resigned in protest.
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Wholesale Prices Jumped in April, in Latest Sign of War’s Economic Ripples

The Producer Price Index rose in April at its fastest pace in four years, government data showed, a day after consumer prices showed inflation was surging.
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Tariff Refunds Begin to Reach Businesses as Trump Lashes Out at Court

The government must return about $160 billion, plus interest, collected from duties deemed illegal and potentially more if it loses a related tariff case.
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Why a Warsh-Led Fed May Keep Interest Rates Higher for Longer

Kevin Warsh, President Trump’s pick to run the Federal Reserve, would face a growing inflation challenge if he’s confirmed.
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What to Know About the Federal Gas Tax Trump Wants to Suspend

President Trump said he would like to suspend the 18.4-cent-a-gallon tax, but it’s a move that may save drivers only a few dollars a month.
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Can Three Auction Houses Sell $2.6 Billion Worth of Art in One Week?

Five luxury artworks hold the key to the spring season, one of the most anticipated sales in years. Major buyers are looking past female and younger artists and toward tradition.
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Tired of Hacked Passwords? Help Is on the Way.

Apps from Apple, Google and others can assist in making your online accounts more secure, even as new ways of logging in continue to take off.
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Trump’s Shrinking Ambitions on China

The president came into office planning harsher trade moves on China than on the rest of the world. Here’s why he’s had to scale them back.
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How China Could Wield Its Control of Rare Earths Against Trump

A central question hanging over the summit this week is whether China will agree to extend a temporary postponement of even tougher rare-earth export controls.
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