Category: United States

A Two-Headed Coin That Always Comes Up ‘Trump’

Would a proposed coin featuring the president on both sides commemorate America’s founding, or undercut its founding principles?
China Suspends Export Controls on More Critical Minerals

The changes would make it easier for American firms to obtain key minerals, delivering on what the White House said the two countries had agreed to at last month’s summit.
As Beef Prices Remain High, Trump Calls for Inquiry Into Meatpackers

The Justice Department has opened an investigation into possible collusion among the big meatpackers. The effort may mollify ranchers, but it’s unclear how far it will go.
Pfizer to Acquire Obesity Drug Start-Up Metsera in $10 Billion Deal

The announcement of the deal signaled an end to the bidding war for Metsera between Pfizer and Novo Nordisk, the Danish maker of Ozempic and Wegovy.
What to Know About the New Gender Rules for U.S. Passports

A policy that requires passports to display a person’s sex assigned at birth will come into play during renewals and first-time applications.
China’s Exports Unexpectedly Falter as Prices Keep Falling

Exports of cars, solar panels and batteries remain strong, but prices are falling because of factory overcapacity in China.
Starbucks to Sell 60% of Its China Business to a Private Equity Firm

Boyu Capital will pay $4 billion for a stake in the coffee giant’s 8,000 stores in China.
Control of Tesla Is at Stake in Vote on Elon Musk’s Pay Plan

Mr. Musk’s supporters say he may quit if shareholders don’t approve a trillion-dollar package. Some investors say it’s excessive and would give him too much sway.
Will Trump’s Tariff Deal Tilt the Playing Field Back Toward China?

The president’s trade truce with China has lowered U.S. tariffs to a level that could pause a longer-term effort to reduce America’s dependence on Beijing.
Are Wealth Taxes the Best Way to Tax the Ultra Rich?

Plans for a wealth tax, which is dividing France, have gotten popular around the world as inequality has widened and government debt has risen.
Exxon’s and Chevron’s Profits Fall as Oil Prices Stay Low

But the companies and other large oil producers are continuing to increase production because drilling still remains profitable.
JPMorgan Alerted U.S. to Epstein Transfers Involving Wall St. Figures

After Jeffrey Epstein’s 2019 death, the bank reported more than $1 billion in potentially suspicious transactions.