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Can the Next Fed Chair Truly Be Independent From Trump’s Influence?
The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has already raised doubts about their credibility.
Tesla Sets Date for Shareholders Meeting After Protests
The annual meeting will be in November, nearly four months after what is required under Texas law.
Pentagon to become largest shareholder in rare earth magnet maker MP Materials
The Defense Department will become the largest shareholder in rare earth miner MP Materials after agreeing to buy $400 million of its preferred stock, the company said Thursday. MP Materials owns the only operational rare earth mine in the U.S. at Mountain Pass, California, about 60 miles outside Las Vegas. Proceeds from the Pentagon investment…
Competing in the New Era of Industrial Policy
The ongoing trade war has dominated conversations in boardrooms and newsrooms. On-again, off-again tariffs and economically bellicose statements have led to uncertainty, confusion, and even fear. Amid the market turmoil and operational confusion of the last few months, it’s possible to lose sight of a profound underlying change of which these are a manifestation. Even…
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Supreme Court Clears Way for Trump Administration’s Mass Firings of Federal Workers
The justices announced they were not ruling on the legality of the specific downsizing plans but they allowed the Trump administration to proceed for now with its restructuring efforts.
His Start-Up May Not Survive Chaotic Rollout of Trump’s Tariffs
A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company.