NYT > Business

How Prepared Are We for A.I. Layoffs?

Our chief economics correspondent, Ben Casselman, describes how A.I.-related layoffs are testing the resilience of the government’s safety net programs.
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Trump’s Latest Tariff Setback Looms Over China Talks

For the president, a major legal defeat could undercut his leverage as he prepares to head to Beijing next week for high-stakes trade negotiations.
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Iran Says It Seized Oil Tanker Listed by U.S. as Sanctions Violator

A maritime tracking company said the move was likely performative, given the Chinese-owned ship has an “established history within the Iranian trade ecosystem.”
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ABC Accuses Government of Violating First Amendment

The network’s argument, made to the F.C.C., is the most aggressive posture taken yet by a television network toward the Trump administration.
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Meta’s Embrace of A.I. Is Making Its Employees Miserable

As it adapts to the artificial intelligence era, the company is pushing many of its 78,000 workers to use the technology, and preparing to lay some of them off.
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You May Be Owed a Tax Refund From the Covid Era

A court ruling found that the I.R.S. shouldn’t have charged penalties and interest during the pandemic. But the government may appeal the decision.
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What’s Happened So Far at the Musk v. OpenAI Trial

Elon Musk’s court battle against OpenAI has laid bare tensions between the start-up's leaders and raised questions about the billionaire’s motivations.
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Federal Reserve Turns Focus to Inflation as Job Market Stabilizes

April’s report showed employers added more jobs than expected, supporting the central bank’s view that it can afford to hold interest rates steady.
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With fuel costs soaring, Trump insists the economy is strong.

White House aides have sounded bullish on the jobs report, even as warning signs mount amid the war with Iran.
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What to know about the report.


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‘Fired From Retirement’: Financially Insecure, Older Americans Return to the Grind

People return to work for many reasons, but the biggest is financial need. As costs remain high, more retirees could be looking to re-enter the job market.
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Oil Prices and Stocks Inch Up as Investors Weigh Jobs Data and Gulf Stalemate

Investors weighed data on the American jobs market and conflicting signals about status of the conflict in the Persian Gulf.
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How Energy Prices Are Driving Demand for Solar Panels and Heat Pumps

Already having faced an energy crisis five years ago, more European consumers believe they are “one Trump-ignited war away” from crushing costs.
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Trade Court Rules Trump’s 10% Global Tariff Is Illegal

A panel of federal judges found that President Trump could not legally impose the tariff on most imports.
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U.S. Debt Hits a Concerning Milestone, and Experts Say Trump’s Policies Could Worsen It

The debt is outgrowing the size of America’s economy. The president’s policies could accelerate the country’s fiscal headaches, experts say, unless policymakers intervene.
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Elon Musk’s SpaceX Plans $55 Billion Investment to Make A.I. Chips

The rocket company’s new semiconductor factory, called Terafab, is part of the billionaire’s increasing efforts to dominate artificial intelligence.
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Why Stocks and Bonds Are Responding Differently to the Iran War

Stock investors are betting that companies will make enormous profits, despite the war. But investors in bonds, including U.S. Treasuries, have other concerns.
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Shell Reports Nearly $7 Billion Profit After Oil Prices Surged Amid U.S.-Iran War

The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European rivals.
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Why Investors Are Still Betting Big on Kalshi

The popular prediction market platform has just raised a new funding round that values it at $22 billion, double what it was worth in December.
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Kalshi, the Prediction Market, Raises $1 Billion at a $22 Billion Valuation

The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth.
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McDonald’s, Burger King and Taco Bell Report Strong Sales Amid Rising Consumer Costs

A 35 percent rise in gas prices didn’t dampen demand at restaurants like McDonald’s, Burger King and Taco Bell, which reported increased sales.
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Help! We Got to the Gate in the Nick of Time, but Missed Our Flight.

A California couple rushed through Heathrow to catch their connecting flight, arriving with minutes to spare. But British Airways had already given away their seats.
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Is It an Art Gallery? A Museum? A Theater? A Dream?

The Ministry of Awe, a new immersive experience in a former bank in Philadelphia, aims to help locate the wondrous in the everyday.
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After Stumbles, Technology Meant for Self-Driving Cars Finds a Second Act

After a crush of promises in 2016 that autonomous cars would soon rule the road, companies whose tech underpinned them have shifted to other industries, like managing shipyards and city traffic.
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Oil Prices Waver Amid Mixed Signals on Renewed U.S.-Iran Peace Talks

Investors waited for news on the situation in the Middle East, as the U.S. and Iran gave mixed signals on peace negotiations.
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War and Energy Shortages Boost China’s Influence in Asia

The war in Iran has left China’s neighbors appealing for help, handing Beijing the kind of sway it has long sought.
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The ‘Perfect Storm’ Hanging Over Britain’s Public Debt

Bond investors are expected to scrutinize the results of critical local elections on Thursday as the war in the Middle East adds inflation pressure on the government.
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Anthropic’s C.E.O. Says It Could Grow by 80 Times This Year

The chief executive, Dario Amodei, said the rapid growth had exponentially increased the start-up’s need for more computing power.
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JPMorgan Tried to Settle Harassment Accusations Against Executive

The bank offered $1 million before a former employee filed a lawsuit against a woman who was an executive director on his team, two people briefed on the matter said.
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GameStop’s CEO Ryan Cohen Baffles Fans With eBay Bid

Investors questioned Ryan Cohen’s latest gambit after he gave an evasive CNBC interview and a once-loyal supporter sold his GameStop shares.
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Attack on French Cargo Ship Highlights Continued Risks in Strait of Hormuz

U.S. Central Command and the ship’s owner disagreed on whether the vessel coordinated safe passage with the United States military.
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Rupert Murdoch, David Zaslav and More Media Moguls Remember Ted Turner, CNN’s Founder

The CNN founder’s death was met with encomiums from leaders in the media industry, which he helped reinvent. “He will be remembered for generations,” said one.
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Higher Gas Prices Are Hitting Lower-Income Americans the Hardest

People with lower incomes are driving less and devoting more of their budgets to transport as gas prices soar.
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Disney Posts Strong Earnings Despite Slowdown in Park Visitors

Disney parks are closely watched as a bellwether for consumer confidence.
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Ted Turner, Creator of CNN and the 24-Hour News Cycle, Dies at 87

As one of the most important figures in media history, he oversaw a vast cable empire of news, sports and entertainment channels.
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Why Is Gas So Much More Expensive in Some States Than Others?

Shipping, taxes, competition and environmental regulations all play a part in the cost of gasoline. That can lead to stark differences in pump prices.
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Inside the Debate About Adding Stocks to Trump Accounts

Trump administration officials are weighing a plan that would allow wealthy individuals to donate shares in their companies to the investment accounts.
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Justin Wolfers, Cable’s Favorite Economist, Joins the Creator Economy

With his crisp breakdowns of President Trump’s trade moves and distinctive Aussie accent, Mr. Wolfers has become a TV constant. Now he’s starting his own media company.
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The New York Times Passes 13 Million Subscribers

The company’s adjusted operating profit hit $117.9 million in the quarter, up 27.2 percent from a year earlier, on revenue of $712.2 million.
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American Factories Lag in Adopting A.I. This Drugmaker Is an Exception.

A Bristol Myers Squibb plant that makes cancer drugs was the only manufacturer in the U.S. recognized for innovation by the World Economic Forum this year.
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Oil Prices Fall on Hope U.S.-Iran War Turmoil in the Gulf May Be Easing

Oil prices fell and stocks rose after President Trump’s about-face to pause the U.S. operation to escort commercial ships through the Strait of Hormuz
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Guy Goma’s Accidental BBC Interview Lives On After 20 Years

Guy Goma thought he was interviewing for an I.T. job when he found himself on air on the BBC. What came next was familiar to anyone who has been unprepared at work.
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‘Avatar’ Suit Focuses on Hot Topic in A.I. Age: A Character’s Face

An actress accused the director James Cameron of stealing her likeness for a digitally created, blue-skinned warrior princess.
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Tell Us How High Gas Prices Have Affected Your Finances

With fuel costs soaring from the war with Iran, we want to hear how you’re feeling about the U.S. economy.
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Modi’s Triumph in West Bengal Elections Puts Him Closer to an Opposition-Free India

With his triumph in West Bengal state elections, Prime Minister Narendra Modi has moved closer to his dream of an opposition-free India.
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U.S. Sues The New York Times, Claiming Discrimination Against a White Man

The Equal Employment Opportunity Commission said the paper had engaged in “unlawful employment practices” against the man, who did not get a sought-after promotion.
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Delta Air Lines Will Stop Serving Snacks and Drinks on Short Flights

Most travelers flying less than 350 miles on Delta will soon have to go without free coffee and cookies, but the carrier is adding service to longer flights.
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Coinbase Lays Off 14% of Employees as A.I. Changes Work

The largest U.S. crypto exchange said it was cutting jobs because of cryptocurrency market volatility and to “optimize” for the artificial intelligence era.
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James Murdoch’s Company Said to Be in Talks to Acquire Major Parts of Vox Media

A deal for Vox Media, which generates more than $80 million through podcasts alone, would elevate Mr. Murdoch’s company, Lupa Systems, as a major player in U.S. media.
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The FBI Searched a Washington Post Reporter’s Home. She Is Now a Pulitzer Prize Winner.

Hannah Natanson’s reporting anchored a package of articles from The Washington Post that won a Pulitzer on Monday, four months after agents seized her devices.
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