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Donald Trump’s Wealth Now Hinges on Trump Media
Mr. Trump has treated Trump Media, which runs his social network Truth Social, as a low-cost sideshow. Now a big portion of his wealth hinges on its success.Business - Donald Trump -
Rent Is Harder to Handle and Inflation Is a Burden, a Fed Financial Survey Finds
The Federal Reserve’s 2023 survey on household financial well-being found Americans excelling in the job market but struggling with prices.Business -
U.S. Seeks to Join Forces With Europe to Combat Excess Chinese Goods
Treasury Secretary Janet L. Yellen warned that China’s industrial strategy posed a global threat that requires a united response.Business -
Craig Wright Is Not Bitcoin Creator Satoshi Nakamoto, Court Rules
For years, Craig Steven Wright, an Australian cryptocurrency enthusiast, claimed to be Satoshi Nakamoto, the mysterious creator of Bitcoin. Then the courts got involved.Business - Crypto -
Pixar Lays Off 14% of Its Staff and Will Stop Making Shows for Disney+
The animation studio, which has struggled over the past few years, will stop making original shows for Disney+.Business -
Scarlett Johansson Said No, but OpenAI’s Virtual Assistant Sounds Just Like Her
Last week, the company released a chatbot with an option that sounded like the actress, who provided the voice of an A.I. system in the movie “Her.”Business -
Ivan F. Boesky, Rogue Trader in 1980s Wall Street Scandal, Dies at 87
An inspiration for the Gordon Gekko character in the movie “Wall Street,” he made a fortune from insider trading before his downfall brought a crashing end to a decade of greed.Business -
Russia’s War Machine Revs Up as the West’s Plan to Cap Oil Revenues Sputters
Russia has largely evaded attempts by the U.S. and Europe to keep it from profiting from its energy exports.Business - Russia -
C. Gordon Bell, Creator of a Personal Computer Prototype, Dies at 89
It cost $18,000 when it was introduced in 1965, but it bridged the world between room-size mainframes and the modern desktop.Business -
David Redden, Who Brought Ingenuity to the Auction Block, Dies at 75
He brought a P.T. Barnum-like showmanship to Sotheby’s, where he sold items like Babe Ruth’s bat and a research rover that had been left behind on the moon.Business -
How the Media Is Covering Justice Merchan in Trump’s Criminal Trial
Conservative outlets have criticized Justice Juan M. Merchan as politically motivated, while some liberal media organizations have praised him for muzzling Mr. Trump.Business - Donald Trump -
Trump Calls ‘Apprentice’ Biopic at Cannes ‘Garbage’ and Plans to Sue
The director of “The Apprentice” was unfazed by the threat to the film, which covers the ex-president’s relationships with his first wife and the fixer Roy Cohn.Business - Donald Trump -
Scarlett Johansson and OpenAI’s Trust Issues
The actress, who criticized the use of a soundalike voice for ChatGPT, is the latest to raise concerns about the artificial intelligence start-up’s practices.Business -
Macy’s Reports Another Drop in Sales but Sees ‘Traction’ in Turnaround
The largest department store chain in the United States has not reported an increase in comparable-store sales since early 2022.Business -
The Paperless Post Founders Changed How We Party
When James and Alexa Hirschfeld started Paperless Post 15 years ago, some saw its digital invitations as a fad. Instead, they have become a fixture of events and have spawned imitators.Business -
Trump Media Reports $770,000 in Revenue for First Quarter and Large Losses
The former president’s social media company reported taking in $770,000 in advertising revenue in the first quarter, sharply down from the year-earlier period.Business - Donald Trump -
Renting or Buying Is Often Personal, but It’s Also Helpful to Look at the Numbers
The Upshot’s financial calculator has been updated with new features.Business -
FDIC Chief Gruenberg to Resign and Biden Will Choose His Successor
Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation, said he would step down once the Senate confirmed a successor.Business - Joe Biden -
James Greenfield, Globe-Trotting Reporter and Times Editor, Dies at 99
He wrote about world affairs for Time magazine and worked at the State Department before becoming a senior editor at The New York Times in 1967.Business -
Ex-Employees Raise Concerns About Safety at OpenAI
Former employees of the ChatGPT maker raised concerns that it isn’t doing enough to make sure its products don’t pose a threat to humanity.Business -
What We Lose When ChatGPT Sounds Like Scarlett Johansson
OpenAI has good reason to aim for a bot voice à la the one in “Her.” But that film was about relationships. What does this real-world turn say about us?Business -
Trial to Begin for Ozy Founder Carlos Watson
Mr. Watson’s lawyer has argued that many other media leaders lured investors with “puffing and bluffing,” and that Mr. Watson is being singled out because he is Black.Business -
Farm Animals Are Hauled All Over the Country. So Are Their Pathogens.
Tens of millions of farm animals cross state lines every year, traveling in cramped, stressful conditions that can facilitate the spread of disease.Business -
Chinese Firms Face Authoritarianism at Home and Hostility Abroad
The experience of TikTok’s owner, ByteDance, in Beijing and Washington shows how much the ground has shifted for China’s entrepreneurs.Business -
Bruce Nordstrom, Who Helped Lead His Family’s Retail Empire, Dies at 90
Though he was the company’s president, he opted for joint leadership with family members as they made Nordstrom, starting as a string of shoe stores, into an international fashion retail brand.Business -
Disneyland Character Workers at California Park Vote to Unionize
The vote determined whether 1,700 workers who play characters such as Mickey and Minnie Mouse and who dance at parades could join the union representing other workers at the park in Anaheim, Calif.Business - California -
How to Create a Strong Financial Plan When You’re Renting Forever
Either by choice or because they are priced out of the market, many people plan to never stop renting. Building wealth without home equity requires a different mind-set.Business -
How Lowriders Put a Vivid Stamp on New York City’s Car Scene
These lovingly customized cars, long embraced as a way to celebrate Mexican American culture and bring families together, are gaining visibility and respect as bouncing, rolling works of art.Business - New York -
Live Updates: Inflation Expected to Cool Slightly
Forecasters expect consumer prices to have climbed 3.4 percent in April from a year earlier, a slight moderation after some hot inflation readings this year.Business -
Google Antitrust Trial Concludes With Closing Arguments
The first tech monopoly trial of the modern internet era is concluding. The judge’s ruling is likely to set a precedent for other attempts to rein in the tech giants that hold sway over information, social interaction and commerce.Business - Google -
OpenAI’s Chief Scientist, Ilya Sutskever, Is Leaving the Company
In November, Ilya Sutskever joined three other OpenAI board members to force out Sam Altman, the chief executive, before saying he regretted the move.Business -
U.S. Job Growth Slowed in April
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.Business -
How Scammers Are Stealing Money From Food Stamps Recipients
Thieves are using skimmers to drain millions in food stamps and other public benefits from the neediest Americans.Business -
Why Cocoa and Chocolate Prices are Rising
After a production shortfall in West Africa, cocoa prices rose to $4,000 a metric ton from $2,500. Then they went nuts.Business -
A Highway Split Their Community. Efforts to Fix That Face Opposition.
The Biden administration is spending billions to reconnect communities of color that have been fragmented by highways. Some projects have stirred debates over how to mend longstanding harms.Business -
Red Lobster, an American Seafood Institution, Files for Bankruptcy
Facing challenges since the start of the pandemic, the seafood chain said it would reduce its locations and sell off most of its assets.Business -
Tesla Pullback Puts Onus on Others to Build Electric Vehicle Chargers
The automaker led by Elon Musk is no longer planning to take the lead in expanding the number of places to fuel electric vehicles. It’s not clear how quickly other companies will fill the gap.Business - Tesla -
In Race to Build A.I., Tech Plans a Big Plumbing Upgrade
The spending that the industry’s giants expect artificial intelligence to require is starting to come into focus — and it is jarringly large.Business -
Passenger Dies After Severe Turbulence on Singapore Airlines Flight
Several others were injured on the Singapore Airlines flight, which took off from Heathrow Airport in London on Monday, the airline said.Business -
U.S. Economy Grew at 1.6% Rate in First Quarter
Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.Business