Business

Treasury Secretary Scott Bessent Says US Has Support for Economic War Against Iran

The Treasury secretary is also facing pushback on the Trump administration’s trade policies at the global gathering.The Treasury secretary is also facing pushback on the Trump administration’s trade policies at the global gathering. US and Israeli Attack on Iran (2026), United States International Relations, Embargoes and Sanctions, United States Economy, Kudlow, Lawrence A, Trump, Donald J, […]

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Satsuki Katayama, the Woman at the Center of Japan’s Currency Fight

Japan’s finance minister, Satsuki Katayama, is under pressure to strengthen the yen while balancing competing demands from the prime minister and Washington.Japan’s finance minister, Satsuki Katayama, is under pressure to strengthen the yen while balancing competing demands from the prime minister and Washington. Japan, Yen (Currency), Politics and Government, Takaichi, Sanae, United States, Bank of Japan,

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Ozempic Maker Novo Nordisk’s Investors Are Nervously Looking Into the Future

Novo Nordisk’s chief executive, Mike Doustdar, is a year into a corporate turnaround. He says investors are still underestimating the promise of the company’s drugs.Novo Nordisk’s chief executive, Mike Doustdar, is a year into a corporate turnaround. He says investors are still underestimating the promise of the company’s drugs. Novo Nordisk A/S, Mike Doustdar, GLP-1 RAs

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Global Bond Sell-Off Puts Investors on Edge

Government borrowing costs are hitting multi-decade highs around the world, reflecting anxiety about debt levels, deficits and inflation.Government borrowing costs are hitting multi-decade highs around the world, reflecting anxiety about debt levels, deficits and inflation. Government Bonds, Stocks and Bonds, Inflation (Economics), Europe, Japan, United States Read More

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How the Pentagon Is Getting Into the Venezuelan Oil Business Under Trump

The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry, is helping lead President Trump’s oil deal.The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry, is helping lead President Trump’s oil deal. United

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Shein’s Lackluster Debut Shows a Fast-Fashion Model Left Behind

Squeezed by new trade rules, shrinking market share and labor concerns, Shein’s share decline in Hong Kong on Tuesday is a sign investors have moved on.Squeezed by new trade rules, shrinking market share and labor concerns, Shein’s share decline in Hong Kong on Tuesday is a sign investors have moved on. Shein (Fashion Label), Initial Public

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Donald Trump Jr.’s Firm Leads $1 Billion Funding Round for Polymarket

The new round values the prediction market at $21 billion, up from $15 billion. Mr. Trump’s firm, 1789 Capital, will invest around $300 million.The new round values the prediction market at $21 billion, up from $15 billion. Mr. Trump’s firm, 1789 Capital, will invest around $300 million. Venture Capital, Prediction Markets, Regulation and Deregulation of Industry,

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Expedia Fights Off Claim for Damages by Cuban Exile Families

A jury in Florida found that in their suit against the travel booking company, the plaintiffs had failed to prove ownership over tourism properties in Cuba.A jury in Florida found that in their suit against the travel booking company, the plaintiffs had failed to prove ownership over tourism properties in Cuba. Cuba, Expedia Inc, Cuban-Americans, Decisions

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IRS Audit Revenue Has Plummeted Under Trump, Watchdog Finds

The I.R.S. lost roughly a quarter of its employees since President Trump took office, hampering the agency’s ability to conduct audits.The I.R.S. lost roughly a quarter of its employees since President Trump took office, hampering the agency’s ability to conduct audits. United States Politics and Government, Tax Evasion, Federal Budget (US), Taxation, Labor and Jobs, Government

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Private Equity Wants to Invest in College Sports. Some Schools Are Wary.

As desperate as many athletic programs are for money, they are proceeding cautiously when it comes to deals with private equity.As desperate as many athletic programs are for money, they are proceeding cautiously when it comes to deals with private equity. Private Equity, College Athletics, RedBird Capital Partners Management LLC, Weatherford Capital Management LLC, Otro Capital,

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