NYT > Business

A.I. Hedge Fund Situational Awareness Rescued by Rival Citadel

The once-high flying fund, Situational Awareness, has been bailed out by Kenneth Griffin’s Citadel, according to three people briefed on the transaction.
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Taco Bell Sales Recover Following Cyclospora Outbreak

Transparency around pulling affected lettuce from stores has helped Taco Bell regain consumer trust, its parent company, Yum Brands, said.
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ABC Formally Rebukes F.C.C. for Review of TV Licenses

The network’s comments are part of its efforts to push back against the F.C.C.’s review of its local broadcast licenses.
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Trump’s Tariff Exemptions Include Diamonds, Oil and Gas, Copper and Other Items

A new round of tariff carve-outs has raised familiar questions about who should receive the lucrative exceptions, and why.
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U.S. GDP Growth Slowed in Second Quarter of 2026

Gross domestic product grew at a slower rate in the second quarter and persistent price pressures are unsettling financial markets.
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Fed’s Preferred Inflation Gauge Eased During Pause in Iran War

Price pressures eased during a brief reprieve in the war with Iran, but the resumption of fighting suggests that inflation risks are still prevalent.
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China, Its Economy Stumbling, Signals Only Cautious Support

The ruling Politburo called for “more proactive” tax and spending policies but did not endorse broad action to address weak consumer spending.
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A ‘Credibility Shock’ Looms Over the Fed

Bonds sold off sharply after the Federal Reserve’s latest rate decision, signaling growing turmoil between the markets and the central bank.
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To Know What Your Customers Think, Just Ask Their A.I. Twins

Simile, a fast-growing start-up, says it can provide companies with accurate insights by surveying millions of A.I.-generated consumers.
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Oil Prices Wobble as Middle East Veers Toward Wider Conflict

Bond yields are also higher on concerns about inflation.
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Markets Challenge Warsh’s Approach to Taming Inflation

Kevin M. Warsh has made controlling inflation the top priority of his tenure as Federal Reserve chairman. But his hesitancy to embrace the possibility of higher borrowing costs has sparked a backlash.
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Apple’s Siri Got an A.I. Brain Transplant. Try These 5 Prompts to Get Acclimated.

An upgrade transformed the beleaguered virtual assistant into a modern chatbot. It’s imperfect but worth trying.
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After Obamacare Cuts, Hospitals Are Treating More Uninsured Patients

More people who lost coverage after congressional Republicans ended enhanced federal subsidies are now seeking care in emergency rooms and unable to pay bills.
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Air India Offered to Cover My Flight on Another Airline. It Cost Me $2,000.

After a cancellation and long delays, the airline offered to cover the cost of a flight on another carrier. Then it refused to make good on that promise.
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China Threatens Retaliation as U.S. Moves to Block Robot Imports

The dispute highlights how robotics has become the latest battleground in the intensifying technological and industrial rivalry between Washington and Beijing.
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A.I. Data Centers in Space? A System to Cool Chips Could Help.

Researchers at Caltech and Sophia Space, a start-up, have developed a technology using solar power to prevent computer equipment from overheating in orbit.
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How Climate Change and Tariffs Help China Raise More Cattle

As increased rain makes grasslands and cornfields possible in areas that once were deserts, the world’s largest beef importer is becoming more self-reliant by expanding domestic herds.
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Hollywood Foreign Press Association Sues Over Takeover of Golden Globes

The press association, which owned and operated the awards show until 2023, is suing its new owner, Penske Media, claiming its purchase was fraudulent.
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Government Borrowing Cost Hits Two-Decade High After Fed Rate Decision

The surge in Treasury yields suggests investors doubt that the Federal Reserve can keep inflation contained.
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What to know about the Fed’s decision.


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4 Takeaways From the Federal Reserve Meeting

Fed officials held interest rates steady, but they have splintered over how to fight inflation.
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Investors Are Bracing for Uncertain Fed Announcement

The central bank is expected to leave interest rates unchanged, but investors are preparing for a possible surprise.
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Sanctions Bill Would Give Trump Sweeping New Tariff Powers

A bipartisan bill in the Senate would allow President Trump to impose tariffs on the biggest importers of Russian energy.
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What the Fed’s rate decision means for your finances.

The central bank’s stance can influence consumer savings and borrowing, from credit cards to home loans and more.
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Fed Holds Rates Steady but Three Officials Back Increase

Kevin M. Warsh’s second meeting as chairman of the Federal Reserve was colored by internal divisions over the path forward for policy.
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Shipping Risks Spread Across Crucial Middle East Oil Routes

Attacks on ships in the Strait of Hormuz and the Bab al-Mandab Strait are disrupting the passage of oil tankers in the Persian Gulf and the Red Sea.
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How to Change Your Image as a Heartless Luxury Titan Overnight

Bernard Arnault, the chairman of LVMH, makes an unexpected social media move.
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Big Tech Turmoil Clouds the A.I. Earnings Picture

The Nasdaq 100 is flirting with correction territory as investors brace for earnings reports from Meta, Microsoft and Amazon.
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Sick of A.I.-Generated Content? The ‘Slop Janitor’ Is Here to Help.

Pangram, an A.I. detection start-up, promises near-perfect accuracy in sniffing out writing and imagery that wasn’t made by humans. It’s raising some big questions along the way.
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What to Watch at the Federal Reserve’s July Meeting

Kevin M. Warsh, who will preside over his second meeting as chairman of the central bank, faces pressure to raise interest rates as inflation remains elevated.
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Trump’s Tariffs Are Sending Some Companies Back to China

For some U.S. brands seeking a location for their factories, the economic logic is once again pointing to China.
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A.I. Companies Are Recruiting Electricians and Carpenters by the Thousands

The future of artificial intelligence depends on finding more skilled humans for some very physical jobs.
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The Chips That Will Decide A.I.’s Future

Our technology correspondent Adam Satariano explains how the future of artificial intelligence may be determined by the number of A.I. chips around the world.
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Trying to Make a Buck Off a Data Center, One 6-Pack at a Time

What do you do when a $25 billion complex is under construction nearby? One couple in Abilene had an idea.
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Oil Prices Rise as Iran and U.S. Strikes Slow Traffic in Strait of Hormuz

After several days of a lull in the direct conflict, a flare up in tensions left investors concerned about the continued flow of energy from the region.
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SK Hynix Reports Strong Earnings, Defying A.I. Market Jitters

SK Hynix, a leading memory chipmaker, reported stratospheric sales and profits on Wednesday. But it was not enough to calm skittish investors.
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Trump Will End Subsidies for Medicare Drug Premiums

Millions of older Americans could pay more for their prescription drug coverage next year.
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Ross Douthat Joins ‘60 Minutes’ as a Correspondent

Mr. Douthat, an opinion columnist at The New York Times, will join the CBS News program, along with several other journalists.
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Writers Guild Withdraws Support From Film Festival Over A.I.

Urbanworld, a New York event, has added a section for movies made with A.I. tools. The union was a sponsor but has been outspoken on the dangers of A.I.
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Gibson Dunn Hires Rival Wachtell Lipton’s Co-Chair

Gibson Dunn’s hiring of the seasoned litigator William Savitt highlights the fierce competition for top lawyers across Wall Street.
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Cyclospora Conspiracy Theories Have Social Media Users Jumping to Conclusions

On sites like X and TikTok, the conversation about Taylor Farms is dominated by conjecture about the produce firm’s donation to a Trump-linked PAC.
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The Iran War Just Put Another Key Oil Route at Risk

Attacks in the Strait of Hormuz during the Iran war have led Saudi Arabia to rely on an alternative route for exporting oil. Our reporter Rebecca F. Elliott explains how that route is now threatened by the Houthis, a Yemeni militia supported by Iran.
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Were You Stuck Footing the Bill on a Group Trip? Tell Us About It.

Traveling with friends can be tricky. We’re curious how you manage financial friction — and how you make sure your besties settle up.
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As Cyclospora Cases Climb, FDA Official Says Food Supply Is Safe

The acting deputy commissioner for food said the agency was taking action even though finding the root cause of the outbreaks is difficult.
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An Anthropic Claude AI Model Finds Flaws in Tough-to-Crack Encryption Algorithms

Claude Mythos Preview discovered new attacks in testing against weakened cryptographic algorithms, which protect online financial transactions, private communications and more.
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Boeing Reports Loss on $280 Million Hit to Troubled Air Force One Program

Boeing pushed back delivery of two presidential planes by four years. The delay and related expenses contributed to a bigger-than-expected loss in the second quarter.
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Prediction Market Betting on Drug Trials and Approvals Sparks Concern About Undermining Research

Prediction markets on Kalshi and Polymarket now let people wager money on drug approvals. Kalshi also plans to allow bets on clinical trial results.
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The Chips Rout Goes Global

Shares in semiconductor companies plunged in South Korea and Europe, adding fresh doubts to the durability of the artificial intelligence trade.
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Public Control or ‘20th-Century Socialism’? U.K. Debates a Different Way.

The new prime minister, Andy Burnham, faulted Margaret Thatcher’s privatization in the 1980s. He wants an alternative economic model, especially to run utilities.
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Police Say Binance Is Making It Harder to Fight Crime

Investigators in Europe said that the cryptocurrency giant Binance had made it more difficult to track down scammers and solve other crimes.
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