News

Senate Confirms Scott Bessent as Treasury Secretary
The Senate on Monday voted 68 to 29 to confirm Scott Bessent to be President Trump’s Treasury secretary, putting in place the new administration’s top economic official who will...
Trump’s Suit Against Pulitzer Board Faces a Hurdle: His Previous Arguments
Litigation has long been one of President Trump’s favorite weapons against media outlets whose coverage he objects to. But in at least one case, he is encountering an unforeseen...
What is DeepSeek? And How Is It Upending A.I.?
Tech stocks tumbled. Giant companies like Meta and Nvidia faced a barrage of questions about their future. Tech executives took to social media to proclaim their fears.And it was...
Nvidia Reels After DeepSeek’s A.I. Breakthrough
Nvidia, which soared to the top of the stock market by selling the computer chips fueling the world’s artificial intelligence boom, has been dealt a tough reality check by...
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
After the United States blocked Nippon Steel’s bid for U.S. Steel, the Pittsburgh company is facing new pressure from an activist investor who is seeking to oust its leadership...
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
President Trump is swinging American energy policy sharply in favor of fossil fuels, but oil and gas companies say those changes won’t push them to engage in the frenzy...
Trump’s Colombia Tariff Threat Startled Companies Trying to Rely Less on China
Before Sunday, Colombia was quietly emerging as a refuge for multinational brands seeking a stable place to make their products in a time of geopolitical and environmental upheaval.President Trump’s...
E.V. Owners Don’t Pay Gas Taxes. So, Many States Are Charging Them Fees.
Owners of electric cars in Vermont recently got a letter from the Department of Motor Vehicles with some bad news. Starting Jan. 1 they would have to pay $178...
Stock Markets Drop as Investors Worry About DeepSeek and China’s A.I. Advances
A jolt of panic hit big technology stocks on Monday, with investors rattled by fears that advances in artificial intelligence by Chinese upstarts could threaten the moneymaking power of...
Asheville’s Restaurants Hit Reset After Hurricane Helene
Earlier this month, Drew Wallace started paying the cooks, bussers and the rest of the 20 or so employees of his restaurant the Bull and Beggar, in Asheville, N.C.,...
DeepSeek Prompts a Reckoning Across Wall Street and Silicon Valley
The DeepSeek effectMarkets are on edge on Monday, as global tech investors face a $1 trillion wipeout. The cause: anxiety that the emergence of powerful — and cheap —...
In China, Government Data on Drugs Blocked From Public After Backlash
When a group of prominent Chinese doctors publicly raised worries last week about the quality of domestic drugs, China’s government sent officials to investigate.But now data about the drugs...