Business News
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Trump backs away from plan to charge fees in the Strait of Hormuz as attacks intensify
U.S. President Donald Trump has backtracked on plans to charge ships for using the Strait of Hormuz, saying Gulf countries would instead invest in the United States
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US stocks hold steadier after inflation data, even as IBM plunges
Stocks are holding steadier after a report showed U.S. inflation is getting less bad
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Trump welcomes new Iraqi Prime Minister Ali al-Zaidi to the White House
President Donald Trump has welcomed Iraq's new prime minister to the White House
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Inflation cools more than expected in June as gas costs fall, underlying prices ease
U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, though much of the progress could be reversed if the Iran war keeps worsening
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New York won't build big data centers for a year as it weighs energy and climate risks
New York is blocking new large data centers that fuel artificial intelligence for up to a year to protect the environment and energy grid
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Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next move
Federal Reserve Chair Kevin Warsh pledged to make high inflation “a thing of the past” in his first congressional testimony Tuesday, yet provided no signal about the central bank’s next steps
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Subpoenas issued to NY Times reporters seen as 'unprecedented' threat to press freedom
Media advocates have reacted with alarm to subpoenas issued to five New York Times journalists who reported on security concerns about the new Air Force One
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Kuwait’s military says its air defenses are responding to an attack
Kuwait’s military says its air defenses are responding to an attack
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Buffett omits gift to Bill Gates' foundation after Microsoft cofounder's Epstein ties disclosed
Billionaire Warren Buffett omitted Bill Gates′ foundation from his annual donations this year after disclosures of the Microsoft co-founder’s ties to convicted sex offender Jeffrey Epstein
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Trump backs away from Strait of Hormuz tolls and instead calls for trade deals with Gulf countries
Trump backs away from Strait of Hormuz tolls and instead calls for trade deals with Gulf countries
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