Subscribe to Updates
Get the latest business and finance news for entrepreneurs all around the world.
Author: News Room
The video is short — just 19 seconds — and not particularly compelling. A viewer would be forgiven for clicking away before it ends.The grainy footage, uploaded on April 23, 2005, of a man standing in front of the elephant enclosure at the San Diego Zoo — “All right, so here we are in front of the elephants” — does not look like the sort of thing that would touch off a video revolution.And yet, two decades after that inauspicious start, YouTube is now a cornerstone of the media ecosystem. It’s where people go for music videos and four-hour-long hotel…
Britain will not rush into a trade deal with the United States or change its food or car safety standards, Rachel Reeves, the British chancellor of the Exchequer, said in Washington on Wednesday.When asked about reports that the Trump administration wanted Britain to lower its tariffs on cars to 2.5 percent from 10 percent, Ms. Reeves said only that she wanted to reduce trade barriers between Britain and other countries.The British government has been pursuing a U.S. trade deal as it hopes to soften the economic blow British businesses are facing from higher tariffs imposed by President Trump on goods…
In 2023, the Winooski River in Vermont spilled its banks, kissing the green truss bridge that spanned it. River water poured onto the marble floors of the State House. Up to nine inches of rain fell within 48 hours, causing hundreds of millions of dollars in damage.A year later, Vermont enacted the Climate Change Superfund Act, which holds oil and gas companies financially responsible for climate damage in the state. Similar legislation passed in New York in 2024 and is pending in California, Maryland, and Massachusetts.Underpinning the laws is attribution science, which models huge numbers of scenarios using global temperature…
Note: Five-day moving average. Views are only shown up to 400,000. Source: X When Mr. Musk purchased X in 2022, he promised to create a free speech haven and named himself a “free speech absolutist.”Critics still feared that Mr. Musk would use his control of the app to pick and choose his favorites, amplifying voices he admired while suppressing people or topics he loathed.The New York Times found three users on X who feuded with Mr. Musk in December only to see their reach on the social platform practically vanish overnight. The accounts are the starkest signs yet that Mr.…
new video loaded: Fed Chair Says Trump Tariffs Could Worsen InflationtranscriptBacktranscriptFed Chair Says Trump Tariffs Could Worsen InflationJerome H. Powell, the chair of the Federal Reserve, stressed that the tariffs announced so far go well beyond what the Fed had expected even in its worst-case scenario.The level of tariff increases announced so far is significantly larger than anticipated, and the same is likely to be true of the economic effects, which will include higher inflation and slower growth. We may find ourselves in the challenging scenario in which our dual mandate goals are in tension. If that were to occur,…
Persuading people to spend money in a time of unpredictable tariffs is proving to be a complicated calculation for the $380 billion American advertising industry.Should a retailer commit to holiday television commercials for toys manufactured by newly vulnerable trading partners? How do social media companies account for the potential disappearance of Chinese companies that have spent billions of dollars promoting their wares? How does an automaker pitch vehicles that may cost consumers thousands of dollars more than they did a year ago?“You’re going to introduce uncertainty about how they make stuff, let alone what’s going to happen to consumers in…
When Donald J. Trump championed the idea of a 10 percent blanket tariff during the campaign, many people, whether for or against, were taken aback by how radical the idea was.Alarms sounded about higher inflation, lost jobs, slower growth or recession. The prospect seemed so outlandish that most economists and Wall Street analysts who gamed out the possibilities tended to treat a 10 percent tariff simply as a bargaining tool.Now, after a rapid-fire series of announcements from the White House that promised, imposed, reversed, delayed, decreased and increased tariffs, the 10 percent solution is looking like the most temperate choice…
Times Insider explains who we are and what we do and delivers behind-the-scenes insights into how our journalism comes together.At first, I had nothing more than a rant in mind. It was January, and I had been to two restaurants in the span of a single week that had served me steak fries, first alongside some lamb chops, the second time next to a burger. On both occasions I had felt the instant pang of disappointment, followed by an unhappy sort of wonderment.Doesn’t everyone hate these things?Thick, often undercooked and typically without crunch, they hardly seem to qualify as a…
Share prices of big technology companies declined in Asia on Wednesday, dragging broader markets lower, after Nvidia, the American chip giant, revealed that the U.S. government would restrict sales of some of its chips to China.They are the first major limits that President Trump’s administration has put on semiconductor sales abroad. Nvidia dominates the market for chips used in building artificial intelligence systems and will now require a license sell A.I. chips to China. It raises the possibility that the company’s sales to China will evaporate in the coming months, bringing an end to a business that has contracted as…
Even as the United States and China push their economies further apart with escalating tariffs, they share an inescapable challenge. Both depend on Taiwan for semiconductors.And navigating that reliance could prove to be one of the trickiest policy problems both countries face in their trade war.China and the United States both view Taiwan’s dominance of the global tech supply chain as a national security risk. In response, they have tried to boost their own capacity to make the chips they need.But as they come to grips with how difficult it is to replicate the industry at the heart of the…