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.

A Film Studio Moved to Montana for Tax Breaks. Will It Benefit the Locals?
NewsMar 26, 2026

A Film Studio Moved to Montana for Tax Breaks. Will It Benefit the Locals?

Story House, a production company founded by James Brown III and Sean Patrick Higgins, moved its planned studio from Wyoming to Missoula, Montana, to capitalize on the state’s MEDIA Act film‑tax credits. The venture aims to build a multi‑soundstage campus...

By The New York Times – Business
The Oil Price Shock Could Make Italian Ice More Expensive
NewsMar 25, 2026

The Oil Price Shock Could Make Italian Ice More Expensive

The U.S.-led war in Iran has sent oil prices soaring, pushing gasoline costs for a heavy‑duty pickup in Houston from about $70 to $90 per tank. Phrostibe Italian Ice, a family‑run mobile vendor, is feeling the squeeze, redesigning delivery routes,...

By The New York Times – Business
What Happened After a U.S. Warship Hit an Iranian Mine in 1988
NewsMar 25, 2026

What Happened After a U.S. Warship Hit an Iranian Mine in 1988

In April 1988, the U.S. frigate USS Samuel B. Roberts struck an undetected Iranian mine in the Persian Gulf, creating a 21‑foot hole and injuring ten crew members. The incident occurred during Operation Earnest Will, the U.S. escort mission protecting Kuwaiti...

By The New York Times – Business
How Daily Money Managers Help Busy People With Their Finances
NewsMar 25, 2026

How Daily Money Managers Help Busy People With Their Finances

Daily money managers, like Tulsi Vadodaria of Life Admin Navigator, provide hands‑on financial organization for clients overwhelmed by bills, paperwork, and budgeting. The service, often staffed by CPAs, planners, or bookkeepers, caters to seniors, high‑net‑worth individuals, and busy professionals facing...

By The New York Times – Business
China Eases Planned Increase to Gas Prices for 300 Million Drivers
NewsMar 23, 2026

China Eases Planned Increase to Gas Prices for 300 Million Drivers

China's National Development and Reform Commission trimmed a planned gasoline hike, setting the average pump price at $4.70 per gallon instead of the slated $5.10. The adjustment follows a 20% price surge since the Iran conflict began and aims to...

By The New York Times – Business
Boston Scientific Knew of Pacemaker Battery Problems for Years
NewsMar 19, 2026

Boston Scientific Knew of Pacemaker Battery Problems for Years

Boston Scientific's Accolade pacemaker battery defect, known internally for years, has caused multiple patient deaths, including 93‑year‑old Gladys Knepper in 2024. Internal records and FDA inspections reveal that failing batteries were identified as early as 2018, with test units from...

By The New York Times – Business
Pop Mart and Sony Announce Labubu Movie Directed by Paul King
NewsMar 19, 2026

Pop Mart and Sony Announce Labubu Movie Directed by Paul King

Pop Mart and Sony announced a joint venture to develop a feature film based on the wildly popular Labubu fuzzy toys. British director Paul King, known for "Paddington" and "Wonka," will helm the project with screenwriter Steven Levenson co‑writing the...

By The New York Times – Business
Extended Mideast Conflict Would Slow Trade and Growth, W.T.O. Warns
NewsMar 19, 2026

Extended Mideast Conflict Would Slow Trade and Growth, W.T.O. Warns

The World Trade Organization warned that the ongoing U.S.-Israeli war with Iran could further depress global trade in 2026. WTO forecasts goods trade growth at just 1.9%, a sharp decline from the 4.6% expected in 2025. Elevated crude oil and...

By The New York Times – Business
Wired’s New Editor Doesn’t Care if the Tech Bros Are Mad
NewsMar 17, 2026

Wired’s New Editor Doesn’t Care if the Tech Bros Are Mad

Katie Drummond, Wired’s top editor, has steered the magazine away from its original techno‑optimism toward hard‑hitting political and tech‑policy coverage. Under her leadership, Wired launched a politics team that broke stories on Elon Musk’s Department of Government Efficiency and investigated...

By The New York Times – Business
Waymo Co-CEO Tries to Make a Case for the Safety of Driverless Cars
NewsMar 15, 2026

Waymo Co-CEO Tries to Make a Case for the Safety of Driverless Cars

Waymo’s co‑CEO Tekedra Mawakana is campaigning to reassure the public about autonomous‑vehicle safety as the company expands. Waymo now operates robotaxis in ten U.S. cities and plans to launch in New York, London and Tokyo, targeting one million rides per week by...

By The New York Times – Business
When Your Apple Watch Becomes an Office Taskmaster
NewsMar 14, 2026

When Your Apple Watch Becomes an Office Taskmaster

Wearable devices such as Apple Watches are increasingly used to monitor heart‑rate variability (HRV) as a proxy for employee health and productivity. Dr. Ravi Solanki’s team in San Francisco shares HRV metrics, turning personal bio‑feedback into a collaborative performance tool. A...

By The New York Times – Business
Surge in Oil Prices Shakes Pakistan’s Already Fragile Economy
NewsMar 14, 2026

Surge in Oil Prices Shakes Pakistan’s Already Fragile Economy

Oil prices have spiked as conflict in the Persian Gulf blocks the Strait of Hormuz, the sole maritime corridor for Pakistan’s crude imports. Over 85% of Pakistan’s oil comes from Saudi Arabia and the UAE, making the country highly vulnerable...

By The New York Times – Business
America Depends Less on Oil Than Ever
NewsMar 14, 2026

America Depends Less on Oil Than Ever

America’s reliance on petroleum is at a historic low as energy efficiency gains and renewable adoption reshape consumption patterns. The average new light‑duty vehicle now achieves 28 miles per gallon, more than double the 13 mpg recorded in 1975, while gasoline...

By The New York Times – Business
Fears of ‘Cockroaches’ in the Private Credit Market
NewsMar 14, 2026

Fears of ‘Cockroaches’ in the Private Credit Market

Wall Street’s alarm over private credit intensified after two high‑profile bankruptcies in September, prompting JPMorgan CEO Jamie Dimon to warn that a single “cockroach” may signal a larger infestation. The private credit market, a $3 trillion, lightly regulated segment of private...

By The New York Times – Business
Jared Kushner Solicits Funds for His Firm While Working as Mideast Envoy
NewsMar 14, 2026

Jared Kushner Solicits Funds for His Firm While Working as Mideast Envoy

Jared Kushner, founder of Affinity Partners and Trump’s Middle East envoy, is attempting to raise at least $5 billion for his private‑equity firm. The fundraising push focuses on sovereign‑wealth funds in the region, with Saudi Arabia’s Public Investment Fund already contributing...

By The New York Times – Business
U.S. Vows to Block Iran’s Attempt to Shut Down Strait of Hormuz
NewsMar 13, 2026

U.S. Vows to Block Iran’s Attempt to Shut Down Strait of Hormuz

The United States announced it will actively prevent Iran from closing the Strait of Hormuz, a vital artery for global oil shipments. Defense Secretary Pete Hegseth downplayed the disruption but affirmed U.S. readiness, while the Trump administration lifted select sanctions...

By The New York Times – Business
Are You Using A.I. at Work? We Want to Hear From You.
NewsMar 13, 2026

Are You Using A.I. at Work? We Want to Hear From You.

The New York Times is soliciting input from white‑collar workers about how they use artificial intelligence in their daily tasks. Reporters note that AI is now handling legal drafting, research synthesis, and marketing content across non‑tech sectors. The outreach aims to capture...

By The New York Times – Business
What to Know About the U.S. Lasers That Could Be Used to Counter Iranian Attacks
NewsMar 13, 2026

What to Know About the U.S. Lasers That Could Be Used to Counter Iranian Attacks

High‑energy lasers are being promoted as a low‑cost alternative to traditional missile interceptors for defending U.S. bases and oil facilities from Iranian drones and missiles. A single laser shot can cost as little as $3.50, compared with the $3 million price...

By The New York Times – Business
How the Iran War Threatens the Global Food, Energy and Other Supplies
NewsMar 13, 2026

How the Iran War Threatens the Global Food, Energy and Other Supplies

The Iran‑Iran war has turned the Suez‑Oman shipping corridor into a high‑risk, high‑cost route, pushing container freight from $2,000 to $10,000. The closure of the Strait of Hormuz is driving volatile oil and gas prices, while broader supply‑chain bottlenecks are...

By The New York Times – Business
Trump Targets Forced Labor in Global Tariff Scheme
NewsMar 13, 2026

Trump Targets Forced Labor in Global Tariff Scheme

The Trump administration launched a sweeping trade investigation into forced‑labor policies across 60 economies, aiming to revive a global tariff system previously blocked by the Supreme Court. The probe targets the legal frameworks governing forced labor in exported goods, not...

By The New York Times – Business
With Disputed Legal Maneuver, Trump Tries to Set Policy Without Legislation
NewsMar 12, 2026

With Disputed Legal Maneuver, Trump Tries to Set Policy Without Legislation

The Trump administration is leveraging lawsuits against Republican‑led states to overturn existing statutes, exemplified by a six‑hour settlement with Texas that nullified a law allowing undocumented students to pay in‑state tuition. By reaching rapid settlements, the White House sidesteps legislative...

By The New York Times – Business
Banking Regulators Plan to Ease Some Capital Requirements
NewsMar 12, 2026

Banking Regulators Plan to Ease Some Capital Requirements

U.S. regulators will propose easing Basel III endgame capital rules. Fed Vice Chair Michelle Bowman said duplicative capital‑calculation requirements will be removed and adjustments made for trading and mortgage exposures. The changes aim to shrink banks’ reserve buffers, freeing funds for...

By The New York Times – Business
Trump Administration to Announce New Trade Investigations
NewsMar 11, 2026

Trump Administration to Announce New Trade Investigations

The Trump administration is set to announce new trade investigations under Section 301 of the 1974 Trade Act, targeting practices such as excess manufacturing capacity, forced labor, digital service taxes, and currency manipulation. The inquiries, led by the Office of the...

By The New York Times – Business
What’s Better Than One Top Oscar Nominee? How About Two?
NewsMar 11, 2026

What’s Better Than One Top Oscar Nominee? How About Two?

Warner Bros. Discovery is promoting two Oscar frontrunners, Paul Thomas Anderson’s “One Battle After Another” and Ryan Coogler’s “Sinners.” The former swept the BAFTAs and won DGA and PGA awards, while the latter set a record with 16 nominations and...

By The New York Times – Business
World Leaders Will Release 400 Million Barrels of Oil to Stabilize Prices
NewsMar 11, 2026

World Leaders Will Release 400 Million Barrels of Oil to Stabilize Prices

World leaders agreed to release 400 million barrels from strategic reserves, the largest coordinated IEA drawdown ever, to counter a sharp Brent price surge after the Iran war began. Despite the announcement, Brent crude rose to about $91 per barrel, indicating...

By The New York Times – Business
Trump’s Actions in Iran and Venezuela Show Limits of U.S. Sanctions
NewsMar 11, 2026

Trump’s Actions in Iran and Venezuela Show Limits of U.S. Sanctions

The Trump administration abandoned its long‑standing maximum‑pressure sanctions campaigns against Iran and Venezuela, turning to direct military operations to achieve regime change. Repeated sanctions over the past years failed to topple Tehran’s leadership or remove Nicolás Maduro, partly due to...

By The New York Times – Business
Since February, Rising Gas Prices Have Added to Inflation.
NewsMar 11, 2026

Since February, Rising Gas Prices Have Added to Inflation.

U.S. gasoline prices have surged 20% since the Feb. 28 strikes by the United States and Israel drove oil higher. The increase will not appear in the February CPI, which is released later this week, but it will feed into overall...

By The New York Times – Business
A Trump-Xi Summit Nears, but China Doesn’t Know What Trump Wants
NewsMar 11, 2026

A Trump-Xi Summit Nears, but China Doesn’t Know What Trump Wants

President Donald Trump and Chinese President Xi Jinping will meet from March 31 to April 2 in a summit that could extend their year‑long trade truce. Chinese officials say the White House has provided no clear agenda, leaving Beijing unsure...

By The New York Times – Business
Fed Up With High Costs, American Theater Takes a Trip to London
NewsMar 10, 2026

Fed Up With High Costs, American Theater Takes a Trip to London

Rising production costs and shrinking profit margins are prompting U.S. theater producers to stage new shows in London rather than domestically. Musicals such as "Beautiful Little Fool" and Disney’s "The Greatest Showman" have debuted in modest UK venues to leverage...

By The New York Times – Business
U.S. Solar Installations Fell in 2025 as Trump Attacked Clean Energy
NewsMar 10, 2026

U.S. Solar Installations Fell in 2025 as Trump Attacked Clean Energy

U.S. solar installations fell 14% in 2025, though solar remained the largest source of new electricity generation, contributing just over half of added capacity. The decline follows aggressive policy shifts by the Trump administration, including cuts to federal renewable programs...

By The New York Times – Business
Karen Petrou, Influential Fiscal Policy Analyst and Critic, Dies at 72
NewsMar 10, 2026

Karen Petrou, Influential Fiscal Policy Analyst and Critic, Dies at 72

Karen Petrou, a renowned fiscal policy analyst and founder of Federal Financial Analytics, died on Feb. 21 at age 72 after battling metastatic breast cancer. For four decades she advised the world’s largest banks and trade groups on banking regulation, especially the...

By The New York Times – Business
U.S. Reaches Tentative Deal Ending Prosecution of Turkish Bank
NewsMar 10, 2026

U.S. Reaches Tentative Deal Ending Prosecution of Turkish Bank

The Trump administration has reached a tentative agreement to dismiss criminal charges against Turkey’s state‑run Halkbank, which prosecutors accused of moving roughly $20 billion in sanctioned Iranian funds. The deal links the dismissal to Turkey’s instrumental role in negotiating the release...

By The New York Times – Business
Talent Agent Ari Emanuel Launches His Own Podcast, ‘Rushmore’
NewsMar 9, 2026

Talent Agent Ari Emanuel Launches His Own Podcast, ‘Rushmore’

Ari Emanuel, longtime Hollywood talent agent, debuted a new video podcast called “Rushmore.” Co‑hosted with music‑manager Ben Persky, the show invites two high‑profile guests to debate which figures, products or moments belong on a “Mount Rushmore” of various categories. The...

By The New York Times – Business
Uber Moves to Enact Stricter Background Checks for Drivers
NewsFeb 19, 2026

Uber Moves to Enact Stricter Background Checks for Drivers

Uber announced it will tighten driver background checks by permanently barring anyone convicted of violent felonies, sexual offenses, and child or elder abuse, regardless of how long ago the crime occurred. The move follows a New York Times investigation that...

By The New York Times – Business
The Quiet Architect of Trump’s Global Trade War
NewsFeb 16, 2026

The Quiet Architect of Trump’s Global Trade War

Jamieson Greer, a low‑key lawyer turned U.S. Trade Representative, has become the chief architect of President Trump’s renewed global trade war. Since his appointment in early 2025, Greer has designed aggressive tariff structures and led negotiations with major trading partners,...

By The New York Times – Business
How a Trump Tax Break Rescued Horse Racing
NewsFeb 16, 2026

How a Trump Tax Break Rescued Horse Racing

Owners poured nearly $1.5 billion into racehorses last year, a 21 percent jump from 2024, while the Keeneland September Yearling Sale set a record $531.5 million in sales, up 24 percent. A Trump‑era bonus depreciation provision now lets owners immediately deduct the full purchase...

By The New York Times – Business
Trump Administration Ends Credit for Start-Stop Feature in Cars
NewsFeb 15, 2026

Trump Administration Ends Credit for Start-Stop Feature in Cars

The EPA announced that the credit automakers receive for installing start‑stop systems is being eliminated, reversing a policy that helped meet vehicle emissions standards. The Trump administration rejected the scientific endangerment finding that justified the credit, arguing the feature damages...

By The New York Times – Business
Crises Everywhere, but the Markets Don’t Seem to Mind
NewsFeb 13, 2026

Crises Everywhere, but the Markets Don’t Seem to Mind

Despite a cascade of wars, pandemics, social unrest and economic strain, global equity markets are soaring, with the Dow Jones Industrial Average breaking the 50,000 mark. The article argues that this disconnect is not a glitch but a structural feature:...

By The New York Times – Business