The Premier League season is right around the corner, with the action kicking off on Friday. Reigning champions Liverpool will host a Bournemouth side that will break in a new defense under Andoni Iraola. After an active summer that has brought in five new players to the squad, will Liverpool be able to repeat as…
Wall Street billionaires are not used to being on the outside looking in. But that is where they find themselves after President Trump ignored their appeals to call off his tariff plans which they fear could endanger the economy. With the backdrop of rapidly mounting stock market losses, corporate titans have worked every angle —…
After three days of global market turmoil not seen since the early days of the Covid-19 pandemic, stocks in Asia regained a measure of calm on Tuesday despite little let up in the escalating trade tensions caused by President Trump’s tariffs. Before markets opened in China, the government unleashed a series of measures to stabilize…
There was little rest on Wall Street this weekend. There was plenty of anger, anxiety, frustration, and fear. Anger at President Trump for a brash and chaotic rollout of tariffs that erased trillions of dollars in value from the stock market in two days. Anxiety about the state of the private equity industry and other…
The cloud behind the inflation silver lining Even upbeat economic news can offer little comfort to markets and the C-suite. Stocks look set to open lower as relief over Wednesday’s better-than-expected inflation report fades, and concerns grow that a trade war could sap consumer spending and corporate profits. That’s led more corporate chiefs to speak…
Linda McMahon confirmed by Senate for Education secretary The Senate confirmed GOP donor and former wrestling executive Linda McMahon to head the Department of Education with a 51-45 vote. From singers to athletes, Connecticut has produced a number of big-name celebrities. There are plenty of famous people with ties to the state — the likes of…
A Manhattan federal judge on Friday banned Elon Musk’s cost-cutting team from regaining access to the U.S. Treasury Department’s most sensitive payment and data systems until the conclusion of a lawsuit that claims the group’s access is unlawful. The judge overseeing the case, Jeannette A. Vargas, ruled that members of the so-called Department of Government…
Jamie Dimon, JPMorgan Chase’s chief executive, repeatedly warned about tariffs during President Trump’s first term. They were a threat to the economy, he said several times in 2018, and “wouldn’t be a positive,” he said in 2019. Now, two days into Mr. Trump’s second term, Mr. Dimon has called tariffs a valuable “economic weapon.” “If…