Press review · Monday, 26 May 2025
26 May 2025
3,129 articles: 08 May 2025 – 27 October 2026
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nytimes.com
As Courts Call Tariffs Into Question, Trump Again Turns to His Favorite Tool
The president is set to raise tariffs on steel and aluminum this week, even as the courts are challenging the legitimacy of other levies.
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U.S. Dependence on China for Rare Earth Magnets Is Causing Shortages
The United States allowed its rare earth metals industry to move to China and could now face severe economic disruption as China limits crucial supplies.
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benzinga.com
Benzinga Bulls And Bears: Nvidia, Palantir, Marvell Technology — And Markets Rallied In May - SPDR Gold Trust (ARCA:GLD), Marvell Tech (NASDAQ:MRVL)
Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.
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abcnews.go.com
FDA approves Moderna's new lower-dose COVID-19 vaccine
The Food and Drug administration has approved a new COVID-19 vaccine made by Moderna but with limits on who can use it
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detroitnews.com
Corvette ZR1: How Chevy makes an exotic 1,064-horse supercar for 1/5th the price
The ZR1's $175,000 price pales beside rivals from Ferrari, Bugatti, Aston Martin and Lamborghini but not its performance.
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Businessman Accused of Orchestrating Attacks on Journalists
The journalists, who worked at New Hampshire Public Radio, had investigated claims of sexual misconduct against him.
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OPEC Plus Members Say They Will Fast-Track Oil Output
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of accelerated increases.
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foxbusiness.com
Trump Energy Department cancels $3.7B in Biden-era green energy grants
The Trump Energy Department has canceled $3.7 billion in grants for climate projects, including carbon capture, as part of a review to ensure economic viability and security.
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What's next for President Trump's tariffs after whiplash court rulings?
A complete revival of the policy faces formidable obstacles, experts said.
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PBS Sues Trump Over Order to Cut Funding
The lawsuit, filed in federal court in Washington by PBS and a Minnesota public TV station, said President Trump’s executive order was unconstitutional.
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kut.org
How the 'microburst' storm pummeled North Austin while the sun shined south of the river
Wednesday's storm wreaked havoc in North Austin neighborhoods, but many who live in South Austin didn't have any idea of the damage being done. In fact, some didn't see any rain or just a slight drizzle
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Export Controls Are Endangering the Fragile U.S.-China Truce
Just two and a half weeks after agreeing to suspend tariffs, both countries are using export controls to disrupt each other’s key industries.
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bostonglobe.com
‘A stress test’: Harvard has a $53 billion endowment. As Trump’s assault escalates, will it cash out? - The Boston Globe
The university endowment is an enormous asset, but tapping it isn’t as simple as withdrawing cash from an ATM.
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How Trump Denying Visas to Chinese Students Could Backfire on the US
Protecting the borders from espionage is essential. It’s something else to deny students because they are Chinese and hope to pursue a STEM degree in the United States.
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Trump Targets a Plane China Sees as a Power Symbol
Beijing has high hopes for its C919 single-aisle jet after years of delay, but the plane depends on engines, avionics and other gear from Western companies.
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PCE Inflation Stayed Subdued in April Amid Trump’s Tariff Limbo
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
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Is Nippon Steel Finally About to Land U.S. Steel?
A planned merger of the Japanese and American giants, announced in 2023, has traveled through an election, two presidents and strong union opposition.
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On the anniversary of his hush money conviction, Trump continues to fight criminal case
One year after Donald Trump's hush money conviction made him the first president to be convicted of a crime, Trump continues his fight to erase that legacy.
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Tariff Ruling Gives Businesses Hope, but They’re Soon Unmoored Again
Companies welcomed a court decision striking down President Trump’s tariffs. Then a stay of that ruling left no one breathing easy.
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theguardian.com
Federal Reserve issues rare statement asserting independence amid Trump pressure
Central bank emphasizes nonpartisan role in brief memo after chair Jerome Powell meets with US president
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Amazon and The New York Times Announce an A.I. Licensing Deal
In 2023, The Times sued OpenAI and Microsoft for copyright infringement. Now its editorial content will appear across Amazon platforms.
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Williams to Revive Plans for N.Y. Natural Gas Pipelines
An energy company plans to revive pipelines that had been blocked on environmental grounds, as President Trump pushes states on fossil fuel projects.
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U.S. Pauses Exports of Airplane and Semiconductor Technology to China
President Trump has stopped some critical products and technologies made only in the United States from flowing to China, flexing the government’s power over global supply chains.
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Victoria’s Secret Takes Down Website After Security Incident
The cyberattack disrupted online sales for days and sent the lingerie company’s share price lower.
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‘Did they not learn anything?’ Another family feud threatens Market Basket. - The Boston Globe
11 years ago, employees and customers rallied to Arthur T.’s defense. Will this time be different?
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Court Tariffs Ruling Upends Trump’s Trade Strategy
The administration immediately petitioned a court to allow the United States to continue imposing stiff tariffs.
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usatoday.com
Ford recalls over 1M vehicles for camera issue. See affected models.
The recall, due to a software error, impacts 1,075,299 vehicles including Mustangs, Broncos and Corsairs.
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Video US economy contracts 0.2% amid Trump tariffs
ABC News’ Alexis Christoforous reports on lates economic numbers as President Donald Trump’s tariffs continue to play out.
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Daily Briefing: Trump can't use a 1977 law to impose tariffs
Federal court hands the president's economic policy a major setback. Here is the news to know on Thursday.
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hollywoodreporter.com
Hailey Bieber Strikes $1 Billion Deal to Sell Rhode to e.l.f. Beauty
Bieber founded Rhode in 2022, and will serve as chief creative officer once the deal closes.
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Stocks Jump After Court Blocks Trump’s Tariffs
The ruling added to uncertainty, but investors were encouraged that it could slow momentum for a trade war that threatens economic and corporate growth.
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nbcnews.com
Mortgage rates rose to the highest level since January, but demand from homebuyers still grew. Here's why.
Mortgage applications to purchase homes climbed 2% compared with the previous week and were 18% percent higher than the same week one year ago.
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timesofindia.indiatimes.com
Nvidia first-quarter earnings results: Nvidia beats estimates as revenues rise 69% from a year ago | Business - Times of India
International Business News: Nvidia's first-quarter financial results reveal a 69% increase in revenue, beating Wall Street estimates, despite concerns over regulatory restrictions and rising costs. Discover how the chipmaker is navigating these challenges and its future outlook.
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Stock markets rise in Asia after Trump tariffs blocked by US court – business live
Trump’s tariffs blocked by a federal court in New York
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defenseone.com
Pentagon orders civilian employees to submit money-saving ideas
It’s the last step in the "5 bullet points" weekly email exercise.
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What is TACO trade? A term that ruffled Donald Trump - Times of India
International Business News: Wall Street investors have coined the term \"TACO\" (Trump Always Chickens Out) to describe President Trump's pattern of threatening tariffs, then backi
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Nvidia stock rises after earnings announcement despite Chinese AI market cutoff
Nvidia reported over $44 billion in revenue in its first quarter earnings call but had charges tied to exporting restrictions placed on its H20 chip.
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Trump Tariffs Ruled Illegal by Federal Judicial Panel
U.S. Court of International Trade said the president had overstepped his authority under the federal emergency powers law he invoked.
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Macy's joins retail giants warning of price hikes as tariffs weigh
Macy's is navigating tariff impacts, warning of selective price increases and strategic changes, aiming to sustain profitability amid a competitive retail landscape.
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In Trump’s Bizarro World, kneecapping Harvard will make America great again - The Boston Globe
The president puts his campaign for control ahead of the economy.
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GameStop buys over $500M worth of bitcoin in 1st crypto investment
Video game retailer GameStop has begun investing in bitcoin with a purchase of 4,710 bitcoin. It revealed the acquisition of the cryptocurrency on Wednesday.
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The Allure (and Complications) of “Golden Shares”
The White House would like some control of U.S. Steel if it approves its sale to Nippon Steel. Such deals could alter foreign investment in the United States.
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Salesforce to acquire Informatica for $8B to boost AI capabilities
Salesforce's $8 billion acquisition of Informatica aims to strengthen its position in the enterprise data market by integrating advanced data management and AI solutions.
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Trump accuses EU of dragging its heels on a tariff deal with the US
Fears of trade war reignited as the American president makes veiled threat on his Truth Social platform
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nbcnews.com
Stocks open higher after Trump resets E.U. tariff deadline
Markets have been on a rollercoaster ride as the president continues to change his trade policies on the fly.
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npr.org
Are manufacturing jobs actually special?
More than half of American workers don't have a college degree. Is manufacturing a ticket for them to the middle class?
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Trump grants EU tariff extension after 'good call' with Ursula von der Leyen
Trump agrees to extend the proposed 50% EU tariff to July 9, 2025, after a call with European Commission President Ursula von der Leyen. Talks are set to "begin rapidly," he said.
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Japan Will Spend $6.3 Billion to Shield Its Economy From Trump’s Tariffs
Lawmakers approved a plan to help companies and consumers as officials bargain in Washington for relief from debilitating auto levies.