Business
Markets, deals and the global economy

Canada Offers U.S. Concessions in Trade Talks but Demands a Comprehensive Deal
Prime Minister Mark Carney is attempting to prevent 50 percent tariffs against many Canadian goods scheduled for this month.

Can Netflix Save a Summer Slump With a Stunt on Sunset Boulevard?
The streaming giant, still looking for this year’s blockbuster, paid an actor to spend three days inside a billboard in Los Angeles to promote an upcoming film.
How an N.F.L.-Backed Plan to Revitalize Canton, Ohio, Faltered
The “Hall of Fame Village” was pitched in 2014 as a boon to the city. But hundreds of millions were spent, the N.F.L. backed out, and the project is unfinished.

Is football AI-proof? Why tech investors wanted a slice of the World Cup
What was the thinking of the investors backing the now-canned plan, and are such proposals in the future inevitable?

Think It’s Cool to Wear Fancy Sneakers to Work? You Might Be Old.
After years of office casual, young people are embracing loafers, derbies and oxfords.
Medicare Advantage’s Perks Are Getting Scrutiny
Officials said no to health plans that wanted to expand extra benefits to cover medical marijuana, streaming services and shopping clubs. More changes are coming in 2027.

Trump Restarts Battle to Fire Sitting Fed Governor Lisa Cook
The Trump administration, rebuffed by the Supreme Court in its first attempt to fire Lisa D. Cook, sent the Federal Reserve governor a letter saying it was “considering” removing her from the job.

Labor Market Shifts Into Reverse as Employers Balk at Hiring
A spring surge rapidly faded as the summer brought higher prices and more uncertainty for businesses, even as they avoided layoffs.

The Bond Market Is Signaling Rising Risks. Investors Should Listen.
While the Fed didn’t raise rates, the bond market did. That means hardship for home buyers and higher hurdles for A.I. data centers and the stock market. But it’s also a boon for retirees.

How a 90-second power outage sparked chaos for rail commuters
The incident raised questions about how a disrupted power supply can have such a widespread impact.

Goodwin considers selling part of defence business
The firm is a key supplier of components to UK and US frigate and submarine programmes.

Weak Jobs Report Does Not Eliminate Prospects of Interest Rate Rise
Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank’s 2 percent target.

Surprise fall in US jobs last month as slow summer continues
Analysts had expected an uptick in the number of jobs created, but the number of roles fell by 23,000 in July.

Trump administration to pay German firm $1.2bn to halt US wind projects
The RWE payout is the latest in a string of deals cancelling wind energy projects, a power source long derided by Trump.

If You’re Struggling to Pay Day-to-Day Bills, There’s Help
Nonprofit financial counselors say there has been a significant increase this year in the number of borrowers seeking their advice.
Jobs Report Poses New Test for Warsh and the Fed
Friday’s jobs report comes as investors increasingly expect the Federal Reserve to begin raising interest rates as soon as next month.

Pope Leo XIV Was Elected. The Chicago White Sox Were Resurrected.
The elevation of Pope Leo XIV, a Chicago native and lifelong supporter of the Sox, was a godsend for a team failing on the field and with fans.

Meta fined $567m in largest child safety ruling against social media giant
The ruling is in addition to $375m in fines Meta was already ordered to pay in the case, for a total of $942m.

Trump imposes 15% tariff on key chip material to counter China
The move aims to protect US firms as they face increasing competition from China's chip industry.

Why airlines are warning over lithium-ion batteries
The airline industry wants passengers to be careful when travelling with lithium ion batteries.

Argos is getting a makeover - but can it attract new shoppers?
The retailer has been around for 50 years but struggled to compete with newer rivals such as Amazon. Can its new owners turn it around?

EasyJet agrees to £5.7bn takeover by US firm
The no-frills carrier agrees to be bought by US firm Apollo after a rival suitor drops out.

First OpenAI, now Meta - why do AI hacks keep happening?
A flood of companies are revealing AI models gained access to the internet - with real consequences.

Iran says deal with Oman on Strait of Hormuz is in final stages
Neither the US or Oman have commented on the proposed agreement on the vital waterway.
