The upstart golf circuit couldn’t conquer the sport, despite big spending by Saudi Arabia. Its end signals limits to how much the country will spend.
Category: internal-storyline-no
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What LIV Golf’s Demise Means for Saudi Influence
The New York Times – Business: -
Trump Threatens to Fire Powell, Again
The New York Times – Business:The new threat against the Fed chair comes ahead of a Senate confirmation hearing for Kevin Warsh, Trump’s pick to lead the central bank.
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What’s Driving the Wartime Stock Rebound
The New York Times – Business:The S&P 500 has recouped all its losses since the Middle East war started on Feb. 28, as a bullish “vibe shift” takes hold among some investors.
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Investors Brace for a New Hormuz Blockade Threat
The New York Times – Business:President Trump’s plan to bar ships from entering or leaving Iranian ports has put markets on edge and added to global economic uncertainty.
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Bessent and Powell’s A.I. Anxiety
The New York Times – Business:The Treasury secretary and the Fed chairman reportedly summoned banking leaders to discuss the potential systemic risks of Anthropic’s new model.
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Markets on Edge as Trump’s Iran Ultimatum Looms
The New York Times – Business:Oil prices are rising and stocks are selling off as investors fret that the president will carry out his threats to “decimate” Iran.
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Jamie Dimon Cites Risks From War, Private Credit, Inflation and More
The New York Times – Business:In his annual letter to shareholders, Jamie Dimon, the chief executive of JPMorgan Chase, said investors and businesses faced a series of challenges.
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Why Trump’s Iran Address Failed to Soothe Markets
The New York Times – Business:Oil surged and stocks sold off after the president delivered an unclear case for continuing the war in the Middle East.
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Markets Bet Big on a Quick End to the Iran War
The New York Times – Business:Global markets rallied as President Trump signaled that the United States may stop fighting soon. But big questions remain about lingering damage.
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The Trump Effect at the Pump as Gas Hits $4 a Gallon
The New York Times – Business:The average price of gasoline in the U.S. has topped $4 a gallon, a multiyear high, as war in the Middle East roils the oil market and slams drivers.
