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Business

From NYT BUSINESS section

Trump’s Venezuelan Oil Deal Relies on a Powerful and Divisive Partner
business

Trump’s Venezuelan Oil Deal Relies on a Powerful and Divisive Partner

The administration will work with a private Venezuelan oil company that has close ties to the country’s government.

By Rebecca F. Elliott, Anatoly Kurmanaev and Edward Wong
Treasury Bars Some Reporters From G20 Finance Meeting
business

Treasury Bars Some Reporters From G20 Finance Meeting

Specific reporters from The New York Times, The Wall Street Journal and Bloomberg were not granted credentials to cover the meeting of financial leaders next week in Asheville, N.C.

By Benjamin Mullin
Warsh, After Talking Tough on Inflation, Faces a ‘No-Win Situation’ on Rates
business

Warsh, After Talking Tough on Inflation, Faces a ‘No-Win Situation’ on Rates

Kevin M. Warsh, the chairman of the Federal Reserve, must soon decide whether to raise interest rates if inflation does not ease, even if it draws President Trump’s ire.

By Colby Smith
40,000 Pounds of Pabst Blue Ribbon Beer Reported Stolen in California
business

40,000 Pounds of Pabst Blue Ribbon Beer Reported Stolen in California

The company responded to the theft by setting a deadline for the return of the product. “P.S., this is real and we are deadly serious,” it said on social media.

By Emmett Lindner
Teleprompter Operator Who Bet on What Trump Would Say Is Ordered to Pay Fine
us

Teleprompter Operator Who Bet on What Trump Would Say Is Ordered to Pay Fine

Gabriel Perez had access to the president’s speeches before they were delivered and was accused of placing unlawful wagers on words that would be spoken.

By Luke Broadwater
Thievery or Innovation? The Music Industry Grapples With A.I.
business

Thievery or Innovation? The Music Industry Grapples With A.I.

Some labels have sued A.I. music generators like Suno. Others have partnered with them. At least one has done both.

By Brent Crane
In the Age of Global Warming, Some Fear ‘the Entire Himalayas Are Melting’
travel

In the Age of Global Warming, Some Fear ‘the Entire Himalayas Are Melting’

A glacier unleashed a deadly flood earlier this week. For local trekking guides and climbers, the mountains were already changing.

By Finn-Olaf Jones
Catastrophic Flood Exposes the Risks of Nepal’s Hydropower Bet
business

Catastrophic Flood Exposes the Risks of Nepal’s Hydropower Bet

The loss of power-generating capacity has raised questions about an ambitious expansion of renewable energy in one of the world’s most hazard-prone mountain regions.

By Alex Travelli
High Debt and Rising Prices Catch Up to Trump, as Midterms Near
us

High Debt and Rising Prices Catch Up to Trump, as Midterms Near

To win in 2024, the president promised an economic course correction. Almost two years later, his agenda has made that fight even harder.

By Tony Romm
She Popularized Economics. Then She Was Erased From History. Why?
business

She Popularized Economics. Then She Was Erased From History. Why?

Maria Edgeworth sneaked economic theory into her best-selling novels. Two centuries later, a new book finally gives her the credit she deserves.

By Jeanna Smialek
Walmart to Pay $50 Million to Settle Opioid Lawsuit, U.S. Says
us

Walmart to Pay $50 Million to Settle Opioid Lawsuit, U.S. Says

The resolution is part of an effort to hold retailers and pharmacists accountable for what the government says were their roles in the opioid epidemic.

By Ishani Desai
Trump Says U.S. Has Deal for Control of Large Share of Venezuela’s Oil
business

Trump Says U.S. Has Deal for Control of Large Share of Venezuela’s Oil

The president said an agreement between the countries covered more than 65 billion barrels of reserves. A U.S. official said it would involve a partnership with a private company.

By Rebecca F. Elliott, Simon Romero and Edward Wong
Prediction Markets Should Be Regulated as Gambling, Appeals Court Says
technology

Prediction Markets Should Be Regulated as Gambling, Appeals Court Says

The outcome contradicted an earlier appeals court decision. Federal regulators said the split rulings called for resolution by the Supreme Court.

By Lauren McCarthy
Chevron Is in Talks to Expand in Venezuela, a Potential Win for Trump
business

Chevron Is in Talks to Expand in Venezuela, a Potential Win for Trump

President Trump’s administration has been pushing U.S. companies like Chevron to invest more in Venezuela’s oil industry.

By Rebecca F. Elliott, Simon Romero, Anatoly Kurmanaev and Lisa Friedman
Trump Updates Defamation Suit Against The New York Times
business

Trump Updates Defamation Suit Against The New York Times

The president has argued that the news organization sought to undermine his 2024 presidential campaign by disparaging his reputation as a businessman. The Times has moved to dismiss the lawsuit.

By Katie Robertson
Investors Expect Higher Rates After Fed Chairman’s Inflation Pledge
business

Investors Expect Higher Rates After Fed Chairman’s Inflation Pledge

Kevin Warsh reiterated the Federal Reserve’s commitment to tackle rising prices, nudging up investor expectations of a rate increase.

By Joe Rennison
China Sees Opportunity in America’s Recent A.I. Security Scares
business

China Sees Opportunity in America’s Recent A.I. Security Scares

A leading Chinese A.I. start-up released its latest model and made the case that China’s embrace of open software is safer than Silicon Valley’s closed approach.

By Steve Lohr and Meaghan Tobin
Smaller Revision Points to More Accurate Jobs Numbers
business

Smaller Revision Points to More Accurate Jobs Numbers

The 2026 revisions by the Bureau of Labor Statistics represent a downward adjustment of just 0.1 percent of the total work force.

By Ben Casselman
Companies Can Tell Investors Less Under Proposed S.E.C. Rules
business

Companies Can Tell Investors Less Under Proposed S.E.C. Rules

Fewer audit and disclosure requirements could reduce costs, but experts say they could also help disguise fraud or financial stress.

By Talmon Joseph Smith and Joe Rennison
Warsh Seeks to Calm Concerns About Fed’s Grip on Elevated Inflation
business

Warsh Seeks to Calm Concerns About Fed’s Grip on Elevated Inflation

In a high-profile speech, Kevin M. Warsh said the Federal Reserve was chiefly responsible for taming inflation. If price increases do not return to the central bank’s target quickly, “we have work to do,” he said.

By Colby Smith
Changes Are Coming to the FAFSA. But Will It Be ‘Delightful’?
business

Changes Are Coming to the FAFSA. But Will It Be ‘Delightful’?

The college financial aid form has long been a stressor for high school seniors and their parents. Fixes have made it simpler and faster to complete, officials say.

By Ann Carrns
What if the A.I. Stock Market Rally Is Just Getting Started?
business

What if the A.I. Stock Market Rally Is Just Getting Started?

Edward Yardeni, an upbeat strategist with an excellent track record in assessing the stock market, explains why he thinks the good times will continue for years.

By Jeff Sommer
Warsh’s Big Test
business

Warsh’s Big Test

Investors want Kevin Warsh, the Fed chairman, to address inflation, interest rates and the bond market in a major speech. Some worry he won’t say enough.

By Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe, Sri Muppidi, Hurubie Meko, Ian Mount and Mike Isaac
European River Cruises Upended as Drought and Low Water Take a Toll
travel

European River Cruises Upended as Drought and Low Water Take a Toll

The Danube and Rhine are at record lows this summer, disrupting hundreds of cruises that have become an increasingly popular part of Europe’s tourism industry.

By Ceylan Yeğinsu
After 6 Months of Iran War, Markets Defy Worst Fears
business

After 6 Months of Iran War, Markets Defy Worst Fears

How markets have moved six months into the war, and where they might be headed in the future.

By Rebecca F. Elliott