business 
Who’s in the room President Trump’s tariff policy has given corporate chiefs and investors a serious case of whiplash. While the markets cheered on Wednesday’s delay on auto sector levies, setting off an impressive late-day rally, the move also adds to the confusion about what comes next. The latest: There’s increasing buzz that agricultural products … Read more
Sitting beneath a portrait of Abraham Lincoln, more than two dozen of the most powerful figures in the U.S. cryptocurrency industry, together worth many billions of dollars, gathered in the White House on Friday for an audience with President Trump. When Mr. Trump entered the ornate State Dining Room after a short wait, the executives … Read more
President Trump’s family business sued Capital One on Friday for “unjustifiably terminating” more than 300 of its bank accounts after the Jan. 6, 2021, attack on the Capitol, the latest sign that the president and his allies are seeking retribution against those who once shunned them. In a complaint filed in state court in Florida, … Read more
Not just tough talk President Trump wasn’t bluffing, after all. Global markets plunged on Tuesday after U.S. tariffs went into effect on roughly $1.5 trillion worth of imports from Canada, Mexico and China, with another, and even broader, wave set to kick in as soon as next week. China and Canada have already responded, with … Read more
Meltdown The markets have spoken. The S&P 500 is on track for its worst weekly loss since the collapse of the Silicon Valley Bank crisis two years ago. And investors have wiped out post-Election Day gains as President Trump’s dizzying start-stop tariff policy fuels volatility on trading floors and in boardrooms. Another test comes this … Read more
StubHub, a ticketing software company, has held talks with bankers in recent weeks about holding an initial public offering before the end of the year, two people with knowledge of the matter said, testing Wall Street’s appetite for a return of tech I.P.O.s. The talks are preliminary, said the people, who spoke on the condition … Read more
On the night of Feb. 21, Ben Zhou, the chief executive of the cryptocurrency exchange Bybit, logged on to his computer to approve what appeared to be a routine transaction. His company was moving a large amount of Ether, a popular digital currency, from one account to another. Thirty minutes later, Mr. Zhou got a … Read more
Oil prices swooned on Wednesday as economic uncertainty rippled through global markets, a reaction to President Trump’s tariffs on Canada, China and Mexico and a decision by members of the OPEC Plus oil cartel to begin increasing crude production in April. Since last year, OPEC Plus has signaled its intention to pump more oil, but … Read more
Adidas said Wednesday that it had sold its last pair of Yeezys, a wildly popular and profitable sneaker brand it developed with the rapper and designer Ye, as it tried to move past the publicity nightmare that followed after Ye’s antisemitic comments. The sportswear giant severed ties with Ye, formerly known as Kanye West, in … Read more
A clash over Musk’s latest missive Monday could bring a standoff between Elon Musk and huge swaths of the federal government, including Trump-appointed agency leaders. The fate of the latest example of Musk’s brutal management style — having government workers justify their employment by midnight or risk being fired — may reveal the limits of … Read more