Business

Donald J. Trump, who popularized the term “fake news” and as president declared the news media “the enemy of the people,” is again clashing with journalists over press access, this time to his 2024 campaign events.An NBC News correspondent said on Sunday that aides to Mr. Trump stopped him from covering an event in New Hampshire, where the former president was expected to make his first in-person remarks after Gov. Ron DeSantis of Florida dropped out of the race.Vaughn Hillyard, a longtime NBC News correspondent who regularly covers Mr. Trump, had planned to attend as a pool reporter representing five…

With inflation falling, unemployment low and the Federal Reserve signaling it could soon begin cutting interest rates, forecasters are becoming increasingly optimistic that the U.S. economy could avoid a recession.Wells Fargo last week became the latest big bank to predict that the economy will achieve a soft landing, gently slowing rather than screeching to a halt. The bank’s economists had been forecasting a recession since the middle of 2022.Yet if forecasters were wrong when they predicted a recession last year, they could be wrong again, this time in the opposite direction. The risks that economists highlighted in 2023 haven’t gone…

A spacecraft that was headed to the surface of the moon has ended up back at Earth instead, burning up in the planet’s atmosphere on Thursday afternoon.Astrobotic Technology of Pittsburgh announced in a post on the social network X that it lost communication with its Peregrine moon lander at 3:50 p.m. Eastern time, which served as an indication that it entered the Earth’s atmosphere over the South Pacific at around 4:04 p.m. .“We await independent confirmation from government entities,” the company said.It was an intentional, if disappointing, end to a trip that lasted 10 days and covered more than half…

A prominent Federal Reserve official on Tuesday laid out a case for lowering interest rates methodically at some point this year as the economy comes into balance and inflation cools — although he acknowledged that the timing of those cuts remained uncertain.Christopher Waller, one of the Fed’s seven Washington-based officials and one of the 12 policymakers who get to vote at its meetings, said during a speech at the Brookings Institution on Tuesday that he saw a case for cutting interest rates in 2024.“The data we have received the last few months is allowing the committee to consider cutting the…

The Baltimore Sun, the largest newspaper in Maryland, has been sold to David D. Smith, the executive chairman of the nationwide Sinclair network of television stations and other media.Mr. Smith, who grew up in Baltimore, bought Baltimore Sun Media, which includes The Sun, in a private deal from Alden Global Capital, an investment firm that has become the country’s second-largest newspaper operator. Sun Media also includes The Capital Gazette in Annapolis, Md., and several other Baltimore-area publications.It was unclear how much Mr. Smith paid for Baltimore Sun Media.Triffon G. Alatzas, the publisher and editor in chief of The Sun, said…

The Supreme Court agreed on Friday to hear a case brought by Starbucks challenging a federal judge’s order to reinstate seven employees who were fired at a store in Memphis amid a union campaign there.Starbucks argued that the criteria for such intervention by judges in labor cases, which can also include measures like reopening shuttered stores, vary across regions of the country because federal appeals courts may adhere to different standards.A regional director for the National Labor Relations Board, the company’s opponent in the case, argued that the apparent differences in criteria among appeals courts were semantic rather than substantive,…

The Federal Aviation Administration said on Friday that it was expanding its scrutiny of Boeing, increasing oversight of the company with an audit of production of the 737 Max 9, a week after a panel in the body of one of those planes was blown out during flight.Later Friday night, the F.A.A. said it was mandating an initial round of inspections of the panel — a plug where an exit door would go in a different configuration — on 40 Max 9 planes before it would approve Boeing’s proposed inspection and maintenance instructions for all grounded Max 9s. The agency…

Cindy Camp is one of many Americans facing rising utility costs. Ms. Camp, who lives in Baltimore with three family members, said her gas and electric bills kept “going up and up” — reaching as high as $900 a month. Her family has tried to use less hot water by doing fewer loads of laundry, and she now eats more fast food to save on grocery bills.Ms. Camp would like to save money on energy bills by transitioning to more energy-efficient appliances like a heat pump and solar panels. But she simply cannot afford it.“It’s a struggle for me to…

Billions of people will vote in major elections this year — around half of the global population, by some estimates — in one of the largest and most consequential democratic exercises in living memory. The results will affect how the world is run for decades to come.At the same time, false narratives and conspiracy theories have evolved into an increasingly global menace.Baseless claims of election fraud have battered trust in democracy. Foreign influence campaigns regularly target polarizing domestic challenges. Artificial intelligence has supercharged disinformation efforts and distorted perceptions of reality. All while major social media companies have scaled back their…

U.S. Steel is an iconic example of the lost manufacturing muscle that President Biden says his economic policies will bring back to the United States.But last month, the storied-but-diminished company announced plans to be acquired by a Japanese competitor. That development has put Mr. Biden in an awkward bind as he tries to balance attempts to revitalize the nation’s industrial sector with his efforts to rebuild international alliances.Mr. Biden’s administration has expressed some discomfort with the deal and is reviewing the proposed $14.1 billion takeover bid by Japan’s Nippon Steel. The company is offering a hefty premium for U.S. Steel,…