The United States’ loss of its last triple-A credit rating and mounting concerns about government debt are threatening to disrupt the relative calm in financial markets that has prevailed since President Trump began pausing tariffs early last month. One factor jarring markets is a bill in Congress that would make Mr. Trump’s signature 2017 tax…
The stock market is now higher than before President Trump’s broad and steep tariffs sent share prices into a tailspin. The 10-year government bond yield is now largely in line with where it started the year. On Tuesday, a widely watched measure of inflation nudged lower. Judging from a snapshot of today’s financial markets, it…
In March, after a steep decline in Tesla’s share price, Elon Musk told employees, “Hang on to your stock.” The chair of Tesla’s board, Robyn Denholm, has not heeded his advice. Ms. Denholm has made $198 million in the past six months selling Tesla stock that she earned for serving on the board, according to…
The rule was an effort to ensure that the world’s largest data centers would be built by the United States and its allies, rather than in the Middle East or elsewhere. Biden officials were skeptical of the U.A.E.’s and Saudi Arabia’s autocratic tendencies and ties to China. They also argued that the rule would limit…
The rule, which was scheduled to take effect May 15, permitted unlimited A.I. chip sales to 18 allies like Britain, Germany and Japan, and blocked sales to China, Iran and other adversaries. All other countries, including Saudi Arabia, the United Arab Emirates, Qatar, India, Israel and Poland, faced caps on the number of chips they…
Stocks in Asia gained on Monday after weekend talks signaled that progress had been made in easing trade tensions between the United States and China. Benchmark indexes in Japan and South Korea edged higher in early trading on Monday morning. Futures pointed to the S&P 500 gaining more than 1 percent when trading begins in…
How much should I save in an emergency fund? Vanguard, the big mutual fund company, suggests setting aside $2,000, or half of one month’s expenses, whichever is greater, as a buffer to cover unexpected but common “shocks,” like a car or home repair or medical bill. Then, to protect against a possible job loss, it…
Treasury Secretary Scott Bessent urged skittish global business leaders on Monday to ignore President Trump’s economic naysayers and ramp up investment in the United States, defending an economic agenda that economists warn will slow economic growth and exacerbate inflation. Speaking to executives, entrepreneurs and policymakers, Mr. Bessent argued that the Trump administration’s economic plans go…
Warren Buffett, the chief executive of Berkshire Hathaway, said he would step down from that position by the end of the year. Mr. Buffett, 94, transformed Berkshire Hathaway, once a textile company, into a powerful business investor, making billions along the way. Here’s a look back at some of the defining moments in his life….
Warren E. Buffett’s approach to investing is deceptively simple. “Forget what you know about buying fair businesses at wonderful prices; instead, buy wonderful businesses at fair prices,” he once wrote to shareholders of Berkshire Hathaway, his business conglomerate. This method — known as value investing — had existed long before Mr. Buffett, now 94, began…