The New York Times – Business

The New York Times – Business

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Business desk coverage of U.S. companies, markets, and the economy that moves equities.

Despite Cease-Fire, Iran’s Hackers Haven’t Logged Off
NewsApr 16, 2026

Despite Cease-Fire, Iran’s Hackers Haven’t Logged Off

Despite a week‑long cease‑fire announced on April 8, Iranian state‑linked hackers have kept their cyber campaign alive. They have continued targeting U.S. and Israeli entities, including a disruptive attack that temporarily shut down medical‑equipment manufacturer Stryker and the public release of...

By The New York Times – Business
Condé Nast Shutters Self Magazine
NewsApr 16, 2026

Condé Nast Shutters Self Magazine

Self magazine, a health and fitness title launched in 1977, will shut down after nearly 50 years, having been digital‑only since 2017. Condé Nast also announced the closure of Glamour’s German, Spanish and Mexican editions, affecting dozens of editorial staff. CEO...

By The New York Times – Business
That Meeting You Hate May Keep A.I. From Stealing Your Job
NewsApr 15, 2026

That Meeting You Hate May Keep A.I. From Stealing Your Job

Artificial intelligence is dramatically accelerating routine tasks for fractional executives, allowing Dan Sirk to shrink a multi‑month website build to a single month and compress a week‑long messaging strategy into under eight hours. These efficiency gains have enabled him to...

By The New York Times – Business
Stocks Hit Record High as Wall St. Looks Beyond War
NewsApr 15, 2026

Stocks Hit Record High as Wall St. Looks Beyond War

The S&P 500 closed above 7,000 on Wednesday, setting a fresh all‑time high and climbing about 0.8% on the day. The index now sits roughly 2% higher than its pre‑war level and has rebounded roughly 10% since the March 30 trough. Investor...

By The New York Times – Business
Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles
NewsApr 15, 2026

Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles

Jerome Powell's term as Federal Reserve chair expires on May 15, but he could remain as chair pro tem if the Senate fails to confirm a successor. President Trump’s preferred candidate, former Fed governor Kevin Warsh, must clear the Senate...

By The New York Times – Business
Amid Iran War, Companies Look to Extend a Record Profit Run by Raising Prices
NewsApr 15, 2026

Amid Iran War, Companies Look to Extend a Record Profit Run by Raising Prices

U.S. corporations are extending a record profit streak despite macro headwinds, including the ongoing U.S.-Israeli war with Iran that has pushed energy prices higher. Companies such as Johnson & Johnson and Bank of America reported strong earnings and raised forecasts,...

By The New York Times – Business
Detroit Aims to Become Center of U.S. Drone Manufacturing
NewsApr 14, 2026

Detroit Aims to Become Center of U.S. Drone Manufacturing

Detroit is positioning itself as the United States' drone manufacturing hub, converting the vacant United Auto Workers training complex into a high‑tech production site. Start‑up Birdstop, which builds drones for infrastructure inspection, relocated from Alabama and California to take advantage...

By The New York Times – Business
New Rules Hinder Foreign Firms From Moving Supply Chains From China
NewsApr 14, 2026

New Rules Hinder Foreign Firms From Moving Supply Chains From China

China has enacted an 18‑point regulatory package aimed at preventing foreign firms from shifting supply chains out of the country. The rules, signed by Premier Li Qiang on April 7, empower regulators to interrogate staff, audit records, and even bar individuals...

By The New York Times – Business
Goldman Sachs Earnings Show Effects of Iran War
NewsApr 13, 2026

Goldman Sachs Earnings Show Effects of Iran War

Goldman Sachs’ first‑quarter earnings highlighted a slowdown in its investment‑banking franchise as the war in Iran dampens corporate appetite for large‑scale transactions. The bank noted weaker demand for IPOs, mergers and acquisitions compared with a few months earlier. Executives described...

By The New York Times – Business
Two Iran-Linked Ships Passed Through Strait of Hormuz Ahead of U.S. Blockade
NewsApr 13, 2026

Two Iran-Linked Ships Passed Through Strait of Hormuz Ahead of U.S. Blockade

Two Iran‑linked tankers slipped through the Strait of Hormuz just hours before a U.S. naval blockade of Iranian‑origin vessels took effect on April 13, 2026. The Panama‑flagged Auroura was reportedly loaded with sanctioned Iranian naphtha, while the Marshall Islands‑flagged New...

By The New York Times – Business
Trump Administration’s Temporary Reprieve on Russian Oil Expires
NewsApr 13, 2026

Trump Administration’s Temporary Reprieve on Russian Oil Expires

The Treasury Department’s one‑month sanctions waiver that let Russia sell oil at sea expired on April 13, ending a temporary lifeline that helped keep global crude prices in check. The waiver, introduced amid a Middle‑East conflict that pushed oil above...

By The New York Times – Business
Oil Prices Surge Above $100 After Peace Talks Fail and Trump Threatens Blockade
NewsApr 13, 2026

Oil Prices Surge Above $100 After Peace Talks Fail and Trump Threatens Blockade

Oil prices surged above $100 per barrel after U.S.-Iran peace talks collapsed and President Trump announced plans to blockade the Strait of Hormuz. The announcement triggered a sell‑off in equities as investors priced in heightened geopolitical risk. Trump’s threat mirrors...

By The New York Times – Business
Elon Musk, Who Owns X, Appears to Post on TikTok
NewsApr 12, 2026

Elon Musk, Who Owns X, Appears to Post on TikTok

Elon Musk’s verified @elonmusk account posted its first TikTok video, showcasing SpaceX and Tesla highlights under the caption “Ad Astra.” The move follows the recent appearance of a verified Elon Musk Instagram profile and comes as Musk prepares SpaceX for an...

By The New York Times – Business
Peloton’s Latest Leader Thinks He Can Coach It Back to Health
NewsApr 12, 2026

Peloton’s Latest Leader Thinks He Can Coach It Back to Health

Peloton’s market value has collapsed from a pandemic‑era peak of nearly $50 billion to roughly $2 billion, prompting a leadership overhaul. Peter Stern, a veteran of subscription businesses, became chief executive in early 2025 and is steering a turnaround that hinges on AI‑driven...

By The New York Times – Business
The Escalating Global A.I. Arms Race
NewsApr 12, 2026

The Escalating Global A.I. Arms Race

China’s September military parade displayed autonomous drones capable of flying alongside fighter jets, prompting alarm in Washington. Pentagon officials say the United States’ unmanned combat program trails both China and Russia, accelerating a push for domestic AI‑driven weapons. Defense startup...

By The New York Times – Business
‘Spring Clean’ Your Finances: How to Overhaul Your Spending and Savings to Stay on Track
NewsApr 11, 2026

‘Spring Clean’ Your Finances: How to Overhaul Your Spending and Savings to Stay on Track

A March University of Michigan survey shows two‑thirds of Americans feel money‑related stress and confidence in personal finances fell 10 percent, driven by the U.S.‑Iran conflict, volatile oil prices and rising interest rates. The article urges readers to conduct a...

By The New York Times – Business
No Doors, No Roof, No Worries: A Tiny Racecar Sets Its Sights on the U.S.
NewsApr 11, 2026

No Doors, No Roof, No Worries: A Tiny Racecar Sets Its Sights on the U.S.

Caterham’s Seven, a minimalist sports car derived from the 1957 Lotus Seven, has now logged 53 consecutive years of production, making it one of the longest‑running models in automotive history. Weighing roughly 1,100 pounds—about a quarter of a Tesla Model 3—the...

By The New York Times – Business
Luxury Watch Factories Do More Than Produce; They Sell Stories
NewsApr 11, 2026

Luxury Watch Factories Do More Than Produce; They Sell Stories

Audemars Piguet unveiled its new manufacturing hub, the Arc, in Le Brassus, Switzerland. The 23,700‑square‑meter building houses roughly 700 employees and consolidates scattered workshops from the Vallée de Joux under one roof. It features dedicated labs for developing mechanical complications and prototypes,...

By The New York Times – Business
Fallout of War Piles Economic Pain Onto Europe’s Political Stress
NewsApr 11, 2026

Fallout of War Piles Economic Pain Onto Europe’s Political Stress

Europe is increasingly isolated from its traditional partners—Russia, China and the United States—creating a perfect storm of economic strain. Russian sabotage and reduced oil flows have rattled energy security, while a flood of low‑cost Chinese goods is eroding manufacturing margins...

By The New York Times – Business
Banks Are Warned About Anthropic’s New, Powerful A.I. Technology
NewsApr 11, 2026

Banks Are Warned About Anthropic’s New, Powerful A.I. Technology

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened senior executives from Bank of America, Citi and Wells Fargo to flag cyber‑risk from Anthropic’s new AI model, Claude Mythos Preview. The model can uncover software vulnerabilities that human developers miss,...

By The New York Times – Business
Europe Braces for a Spike in Inflation
NewsApr 10, 2026

Europe Braces for a Spike in Inflation

Investors are betting that the European Central Bank and the Bank of England will raise interest rates this year as Europe confronts a fresh inflation surge. Natural‑gas prices have jumped roughly 40 % since February, driven by the U.S.–Israeli strikes on...

By The New York Times – Business
Labor Secretary Faces Civil Rights Complaints From Department Staff
NewsApr 10, 2026

Labor Secretary Faces Civil Rights Complaints From Department Staff

Labor Secretary Lori Chavez‑DeRemer is facing three civil‑rights complaints filed by women who worked in her executive office. The allegations describe a hostile environment, citing sexual harassment by her husband, retaliation for participation in an internal probe, and misuse of...

By The New York Times – Business
White House and Crypto Industry Fight Bank Lobby Over Stablecoin Income
NewsApr 9, 2026

White House and Crypto Industry Fight Bank Lobby Over Stablecoin Income

The White House Council of Economic Advisers endorsed a proposal allowing stablecoin issuers to pay yield to investors, directly challenging the banking lobby’s opposition. The administration argues that prohibiting such yields would only modestly increase bank lending by $2.1 billion, or...

By The New York Times – Business
America’s Furniture Stores Struggle to Survive a Frozen Housing Market
NewsApr 9, 2026

America’s Furniture Stores Struggle to Survive a Frozen Housing Market

America’s furniture retailers are facing a severe downturn as record‑low housing turnover and rising mortgage rates curb consumer demand for new furnishings. Annual sales have slipped about 8% since 2022, and January’s figures are the weakest since the pandemic began....

By The New York Times – Business
Jeff Shell Steps Down as President of Paramount
NewsApr 8, 2026

Jeff Shell Steps Down as President of Paramount

Jeff Shell, former NBCUniversal chief, is stepping down as president of Paramount to concentrate on a lawsuit with high‑stakes gambler R.J. Cipriani. Cipriani alleges Shell leaked confidential information about Paramount’s strategic plans, a claim Shell calls a shakedown. Paramount’s internal...

By The New York Times – Business
Oil Prices Fall, but Energy Firms Remain Frozen After U.S.-Iran Deal
NewsApr 8, 2026

Oil Prices Fall, but Energy Firms Remain Frozen After U.S.-Iran Deal

Oil prices plunged after President Trump announced a cease‑fire with Iran, but the truce has not translated into operational changes for Gulf energy producers. Ongoing Iranian attacks across the Arabian Peninsula and Israeli strikes in Lebanon keep the security situation...

By The New York Times – Business
Why Gas Prices Won’t Fall as Quickly as Oil Prices
NewsApr 8, 2026

Why Gas Prices Won’t Fall as Quickly as Oil Prices

Oil futures plunged about 20 percent to roughly $92 a barrel after a tentative U.S.–Iran cease‑fire, but gasoline prices are likely to stay high for weeks. The average U.S. regular pump price sits at $4.16 per gallon, the highest since August 2022...

By The New York Times – Business
China Started Preparing for an Energy Crisis Long Before the Iran War
NewsApr 7, 2026

China Started Preparing for an Energy Crisis Long Before the Iran War

China has been quietly building a buffer against energy disruptions for years, stockpiling oil and accelerating renewable projects. Its aggressive shift toward solar, wind, hydro and electric vehicles has already cut domestic demand for refined oil, diesel and gasoline. Simultaneously,...

By The New York Times – Business
Trump Threatens Jail if Journalists Protect Certain Iran Sources
NewsApr 6, 2026

Trump Threatens Jail if Journalists Protect Certain Iran Sources

President Donald Trump announced on April 6 that the administration will pursue the leaker responsible for publishing details about an Iranian shoot‑down of a U.S. F‑15E fighter jet, warning the unnamed media outlet that protected the source it could face jail...

By The New York Times – Business
Do You Have Questions About a No-Bid Federal Contract? Tell Us Here.
NewsApr 6, 2026

Do You Have Questions About a No-Bid Federal Contract? Tell Us Here.

The New York Times is gathering information on no‑bid federal contracts awarded during the Trump administration. Recent reporting revealed that a firm that organized the Jan. 6 rally received sole‑source event‑planning contracts without competition. A similar pattern emerged in the Department...

By The New York Times – Business
New Chef Program Helps People With Autism Find Jobs in Fine-Dining Restaurants
NewsApr 5, 2026

New Chef Program Helps People With Autism Find Jobs in Fine-Dining Restaurants

Chefs on the Spectrum, a new initiative launched by chef Franklin Becker and autistic cook Joseph Valentino, aims to train and place people on the autism spectrum in fine‑dining kitchens. The program debuted at a $2,500 fundraiser for Autism Speaks...

By The New York Times – Business
New Owner of Shopping Plaza in Kansas City Pitches a $1.5 Billion Rescue Plan
NewsApr 5, 2026

New Owner of Shopping Plaza in Kansas City Pitches a $1.5 Billion Rescue Plan

Country Club Plaza, the nation’s first outdoor shopping center, is confronting high vacancy and aging infrastructure. A new ownership group that includes descendants of oil magnate H.L. Hunt unveiled a $1.5 billion redevelopment plan. The proposal calls for 750 new apartments,...

By The New York Times – Business
Why Is the Labor Market Stuck?
NewsApr 3, 2026

Why Is the Labor Market Stuck?

Chief economics correspondent Ben Casselman explains that the U.S. labor market is caught in a "low‑hire, low‑fire" cycle, where hiring has stalled even as job openings stay elevated. Unemployment hovers around 3.7% while the quits rate dropped to a decade‑low...

By The New York Times – Business
What to Know About the Report.
NewsApr 3, 2026

What to Know About the Report.

The March 2026 jobs report showed employers added 178,000 positions, pulling the unemployment rate down to 4.3%. Health‑care led the gains with 76,000 jobs, while wage growth slowed to a 3.5% annual pace, barely keeping up with inflation. Federal employment...

By The New York Times – Business
Europe Pushes for a Gentler Internet for Children
NewsApr 2, 2026

Europe Pushes for a Gentler Internet for Children

The European Union and several national governments are drafting new rules to make the internet safer for children by limiting algorithmic addiction and restricting exposure to sexual or violent content. The push follows a tragic French teen suicide linked to...

By The New York Times – Business
The Revival of the Fashion-Tech Love Affair
NewsApr 2, 2026

The Revival of the Fashion-Tech Love Affair

Meta has secured a 10‑year lease for a 15,000‑square‑foot flagship on Manhattan’s Fifth Avenue, turning a former holiday pop‑up into a permanent retail presence. The bright‑blue store, flanked by luxury houses like Louis Vuitton, Gucci and Prada, features a wall...

By The New York Times – Business
How A.I. Helped One Man (and His Brother) Build a $1.8 Billion Company
NewsApr 2, 2026

How A.I. Helped One Man (and His Brother) Build a $1.8 Billion Company

Entrepreneur Matthew Gallagher launched Medvi, a telehealth provider of GLP‑1 weight‑loss drugs, using only $20,000 and a suite of AI tools. Within two months the company attracted 1,300 customers and recorded $401 million in sales in its first full year. By...

By The New York Times – Business
Six Flags Was a Summer Destination. Can It Win Families Back?
NewsApr 2, 2026

Six Flags Was a Summer Destination. Can It Win Families Back?

Six Flags Great Adventure is grappling with a steep decline as iconic attractions like Kingda Ka and the Skyway have shut down. The park’s parent company, fresh from an $8 billion merger with Cedar Fair, reported a $1.6 billion loss in 2025 and...

By The New York Times – Business
Iran War Showcases Strength of South Korean Defense Sector
NewsApr 2, 2026

Iran War Showcases Strength of South Korean Defense Sector

South Korean defense firm LIG Nex1’s Cheongung‑II air‑defense system proved its combat capability during Iran’s missile attacks on the United Arab Emirates, intercepting 29 of 30 missiles and drones. The system achieved this at a fraction of the cost of...

By The New York Times – Business
Trump Officials Try to Fight Foreign Disinformation They Once Dismissed
NewsApr 2, 2026

Trump Officials Try to Fight Foreign Disinformation They Once Dismissed

The Trump administration is scrambling to counter a global information war sparked by the Iran conflict, ordering U.S. embassies to push back against foreign influence campaigns. After dismantling key disinformation units in early 2025, officials have begun restoring limited broadcasts...

By The New York Times – Business
March Madness Puts Las Vegas Back in the Game
NewsMar 31, 2026

March Madness Puts Las Vegas Back in the Game

Las Vegas cemented its status as the premier destination for March Madness, drawing thousands of bettors and fans to its sportsbooks. In 2025, Nevada gamblers placed an estimated $466 million on the tournament, roughly three times the wagering volume of the...

By The New York Times – Business
Employee Lawsuit Against Fox News Is Dismissed
NewsMar 31, 2026

Employee Lawsuit Against Fox News Is Dismissed

A federal judge dismissed a lawsuit filed by former Fox News reporter Jason Donner, who claimed he was fired for challenging the network's coverage of the 2020 election and the Jan. 6 Capitol riot. Donner alleged retaliation and discrimination under the...

By The New York Times – Business
Michael Rousseau, Air Canada’s CEO, to Step Down Amid Backlash Over Comments After Crash
NewsMar 30, 2026

Michael Rousseau, Air Canada’s CEO, to Step Down Amid Backlash Over Comments After Crash

Air Canada CEO Michael Rousseau announced his resignation after intense criticism for a largely English condolence video following a fatal LaGuardia crash. The board will seek a successor who can communicate fluently in French, reflecting the airline’s bilingual obligations. The...

By The New York Times – Business
Oil Wavers, Stocks Fall on Mixed Signals in Middle East Talks
NewsMar 30, 2026

Oil Wavers, Stocks Fall on Mixed Signals in Middle East Talks

Oil prices swung sharply on Monday as mixed signals emerged from U.S.–Iran negotiations, with Brent crude ranging between $111 and $115 per barrel and WTI holding near $104. U.S. equities slipped 0.4%, extending a five‑week decline, while European markets edged...

By The New York Times – Business
Democrats Examine Elon Musk’s Role in Suspension of Business Disclosure Law
NewsMar 30, 2026

Democrats Examine Elon Musk’s Role in Suspension of Business Disclosure Law

Democratic lawmakers, led by Senator Elizabeth Warren, have asked the Treasury for any communications that might show Elon Musk urged the administration to suspend the Corporate Transparency Act. The 2021 law requires companies to disclose ownership information to combat money...

By The New York Times – Business
Check Your Target-Date Fund, Especially if You Plan to Retire Soon
NewsMar 29, 2026

Check Your Target-Date Fund, Especially if You Plan to Retire Soon

Target‑date mutual funds have become the default retirement vehicle for many U.S. workers, swelling to over $4 trillion in assets by 2024 after the 2006 Pension Protection Act encouraged automatic 401(k) enrollment. While marketed as a "set‑it‑and‑forget‑it" solution, these funds often...

By The New York Times – Business
Smaller Is Better in Silicon Valley’s ‘Tiny Team’ Moment
NewsMar 28, 2026

Smaller Is Better in Silicon Valley’s ‘Tiny Team’ Moment

Silicon Valley startups are embracing "tiny teams," where a single employee pairs with AI tools to run entire product lines. Dan Shipper of media startup Every coined the term "two‑slice team" to describe this one‑person‑plus‑AI model, echoing Jeff Bezos’s two‑pizza...

By The New York Times – Business
What’s New in Bangkok: Restaurants, Bars, Hotels and More
NewsMar 27, 2026

What’s New in Bangkok: Restaurants, Bars, Hotels and More

Bangkok has solidified its status as the world’s most visited city, drawing a flood of tourists and luxury brands alike. International hotel giants such as Aman, Hilton, Hyatt, Fairmont, Langham and Nobu are slated to open new upscale properties, expanding...

By The New York Times – Business
Many People Will Need Long-Term Care, but Most Don’t Have Insurance to Cover It
NewsMar 27, 2026

Many People Will Need Long-Term Care, but Most Don’t Have Insurance to Cover It

Most older Americans lack long‑term care (LTC) insurance despite the high cost of services, which average $80,000 annually for home care and over $130,000 for a private nursing‑home room. Medicare provides only limited LTC coverage, while Medicaid requires individuals to...

By The New York Times – Business