Business

Amtrak Passengers Face Record Delays From Extreme Weather

The dated U.S. rail infrastructure is struggling to stay operational as climate change accelerates and intense heat waves, downpours and…

Chip Shares Tumble, Dragging Wall Street to Its Worst Day in Weeks

The S&P 500 was on track for its worst day since April. The Nasdaq composite was down by the most…

Britain Approves Lab-Grown Meat for Pet Food

British dogs and cats are set to become the first animals in Europe to chow down on meat cultivated from…

The Fed Under Trump 2.0

Donald Trump says he will not fire Jay Powell as chairman of the central bank if he is re-elected president,…

How a Network of Tech Billionaires Helped J.D. Vance Leap Into Power

Mr. Vance spent less than five years in Silicon Valley’s tech industry, but the connections he made with Peter Thiel…

U.K. Inflation Steady as Economists Puzzle Over ‘Taylor Swift Effects’

Consumer prices rose 2 percent in June from a year earlier, a bit higher than economists expected, with a big…

Trump’s Proposed Tax Cuts and Increased Tariffs Could Hurt Poorer Households

Some Republicans want to use revenue collected from higher duties on foreign goods to finance tax cuts. Economists say such…

Rupert Murdoch Shows Up at Republican Convention

The Trump-Murdoch alliance appears alive again. Rupert Murdoch once confided to friends in the fall of 2020 that he thought…

In the Age of A.I., How Much Is Silicon Valley Prepared to Give Back?

For the last couple of years, the tech community has tested no-strings-attached payments of $500 or $1,000 a month to…

I.M.F. Sees Signs of Cooling in U.S. Economy

The International Monetary Fund warned that inflation remained stubbornly high and that protectionism posed a risk to the global economic…

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