Business

A private equity investor who is one of Elon Musk’s closest confidants has taken a new role in the Social Security Administration, a development that could be politically combustible given the program’s popularity with voters and Mr. Musk’s apparent intent to make major changes at the agency. The investor, Antonio Gracias, who has served on…

Tariff threats. Growing uncertainty about the economy. And a push for much lower oil prices. For all of their bravado about U.S. energy dominance and enthusiasm for deregulation, American energy executives are beginning to worry about President Trump’s agenda. Their concerns crept into conversations in hotel meeting rooms and over private meals this week in…

A trader reacts while working on the floor of the New York Stock Exchange on Feb. 25, 2025. Brendan Mcdermid | Reuters Stocks rose Friday following a losing session that dragged the S&P 500 into correction territory. The Dow Jones Industrial Average traded 289 points higher, or 0.7%. The S&P 500 climbed 0.9%, and the…

How to succeed when disruption is the only constant.

President Trump made a lot of promises on the campaign trail last year. Investors and business leaders enthusiastically cheered some, like lower taxes and relaxed regulation, and expressed wariness about others, like tariffs and reduced immigration. But when Mr. Trump won the election, there was little sign of that ambivalence: Stock prices soared, as did…