Author: News Room

Stock markets stalled on Thursday, after officials in China said they were not holding talks with the United States about easing trade tensions between the superpowers. That paused a two-day rally, as indexes continued to swing on comments and scraps of information about tariffs in the absence of concrete developments about the escalating global trade war.The S&P 500 inched up at the start of trading, but the moves were muted. The index has seesawed this week as investors reacted to remarks by President Trump, who said this week that he was prepared to be “very nice” in trade negotiations with…

Jason Kelce, a mellow mountain of a man, has spent most of his life fretting over offensive snaps.Now, a year into his retirement after 13 seasons as a center for the Philadelphia Eagles, Mr. Kelce has space to puzzle over other matters. Lately, he’s been thinking about sweatshirts and T-shirts. And he has thoughts. Lots of thoughts.“On the inside of a sweatshirt, I don’t like when it feels fuzzy,” said Mr. Kelce, speaking on a video call from his Philadelphia home in April, just a few days after the birth of his fourth daughter. He wants a “heavier-duty” sweatshirt, with…

Germany’s economy will not grow in 2025, the government said Thursday, scaling back a previous prediction as President Trump’s tariffs bite into Europe’s largest economy, leaving it stagnant for the third year in a row.In January, the German government had predicted 0.3 percent economic growth, but Mr. Trump’s tariffs of 25 percent on imported automobiles, steel and aluminum threaten to hit Germany’s export-oriented economy hard, as might the turbulence in the markets caused by the yo-yo nature of how the tariffs have been imposed.“The German economy, which is already suffering from weak foreign demand and reduced competitiveness, is particularly affected…

A quiet honor student who had recently graduated from Immaculate High School in Danbury, Veer Chetal was about to begin studying at Rutgers University in New Jersey. In 2022, he completed a “future lawyers” program, and a story that year on the Immaculate website showed a photo of a smiling kid with glasses wearing a Tommy Hilfiger windbreaker over a red polo.Classmates remember Chetal as shy and a fan of cars. “He just kind of kept to himself,” says Marco Dias, who became friends with Chetal junior year. According to another classmate named Nick Paris, this was true of Chetal…

Last year was tough for Acadia Healthcare, one of the country’s largest providers of mental health services.A slew of federal agencies opened investigations into whether Acadia illegally held patients against their will in its psychiatric hospitals, as described in a New York Times investigation in September. The federal inquiries rattled investors, causing Acadia’s stock to plummet.But Acadia’s troubles have been a boon to the company’s chief executive, Christopher Hunter. Its board of directors awarded him a $1.8 million bonus to help respond to “unprecedented governmental inquiries,” according to a financial filing this month. The bonus comes on top of his…

Her bedroom at home is pale pink. Over her bureau is a painting of a pink cassette tape that she bought in a market for about $20. Her boyfriend hates it, she said. She has been dating Arthur Donald, Paul McCartney’s grandson, for almost two years. They met when she and Ms. Kianni did a collaboration with Stella McCartney, his aunt. He lives in California and tries to come to New York for weekends. When he visits, she said, he takes the painting off the wall. They are looking for something to replace it.She is very online: She has almost…

Markets slipped on Thursday, reversing some of the gains from a heady two-day rally, after officials in China said they were not holding talks with the United States about easing trade tensions between the superpowers.Stocks in Asia were mixed, while benchmarks in Europe turned mostly lower in early trading. Futures for the S&P 500 fell about half a percent, suggesting that stocks would open lower in New York. The index has seesawed this week as investors reacted to comments about trade from President Trump, with a sharp sell-off on Monday followed by two days of sizable gains.“There are currently no…

new video loaded: Chinese Factory Videos Find a New Audience: American ConsumerstranscriptBacktranscriptChinese Factory Videos Find a New Audience: American ConsumersVideos on social media sites like TikTok, urging Americans to buy directly from factories in China, have been viewed by millions. The New York Times spoke to a worker at a Chinese jewelry factory who made some of the viral videos.This bag from our factory only costs you $1000. If you want to open a jewelry shop, come to me for wholesale.Recent episodes in BusinessShow more videos from Business

Chinese manufacturers are flooding TikTok and other social media apps with direct appeals to American shoppers, urging people to buy luxury items straight from their factories. And amid the threats of sky-high tariffs on Chinese exports, Americans seem to be all in.The pitch in the videos is that people can buy leggings and handbags exactly like those from brands like Lululemon, Hermes and Birkenstock, but for a fraction of the price. They claim, often falsely, that the products are made in the same factories that produce items for those brands.American influencers have embraced the videos, promoting the factories and driving…

The Chinese are trolling the Trump administration.A YouTuber who used to make parody music videos about the Chinese leader, Xi Jinping, produced “The Song of MAGA,” a satire of President Trump’s vision for the United States.A nationalistic TikToker who whitewashes China’s persecution of Uyghurs in Xinjiang made a video mocking Vice President JD Vance’s purported use of eyeliner in full drag fashion while demanding an apology for a comment Mr. Vance had made about “Chinese peasants.”In a post on the social media platform RedNote, a video of Mr. Trump admiring a portrait of himself at the Justice Department is accompanied…