https://www.nytimes.com/section/business en-us Copyright 2026 The New York Times Company Fri, 12 Jun 2026 19:02:21 +0000 Fri, 12 Jun 2026 18:30:06 +0000 https://static01.nyt.com/images/misc/NYT_logo_rss_250x40.png https://www.nytimes.com/section/business https://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-musk/spacex-is-structured-in-a-way-that-appears-to-benefit-musk-at-the-expense-of-other-shareholders https://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-musk/spacex-is-structured-in-a-way-that-appears-to-benefit-musk-at-the-expense-of-other-shareholders Ryan Mac Fri, 12 Jun 2026 18:30:06 +0000 Eric Lee/The New York Times Central to Elon Musk’s power over SpaceX is his control of “super voting” shares. https://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-musk/elon-musk-laid-out-602-goals-we-counted-how-many-he-hit https://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-musk/elon-musk-laid-out-602-goals-we-counted-how-many-he-hit Kirsten Grind, Jack Ewing, Aaron Krolik and Lily Boyce Fri, 12 Jun 2026 18:00:04 +0000 The New York Times https://www.nytimes.com/video/business/100000010953560/elon-musk-spacex-initial-public-offering.html https://www.nytimes.com/video/business/100000010953560/elon-musk-spacex-initial-public-offering.html Elon Musk is taking SpaceX public and keeping almost all the power. Ryan Mac, a technology reporter for The Times, breaks down why the company’s record I.P.O. is both a big bet on Musk’s vision and a risk for investors. Ryan Mac, Nour Idriss, Nikolay Nikolov, Stephanie Swart, Rafaela Balster and Sam Rosenthal Fri, 12 Jun 2026 18:28:02 +0000 Private Spaceflight Musk, Elon Artificial Intelligence Space Exploration Technologies Corp Initial Public Offerings https://www.nytimes.com/2026/06/12/upshot/spacex-stock-ipo.html https://www.nytimes.com/2026/06/12/upshot/spacex-stock-ipo.html If you have index funds — such as in a 401(k) — they may soon include shares of the mega company. Here’s a rough calculation. C.J. Robinson Fri, 12 Jun 2026 17:40:07 +0000 Stocks and Bonds Space Exploration Technologies Corp The New York Times https://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-musk/musk-posted-about-politics-race-and-the-culture-wars-even-as-he-took-spacex-public https://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-musk/musk-posted-about-politics-race-and-the-culture-wars-even-as-he-took-spacex-public Kate Conger Fri, 12 Jun 2026 17:40:04 +0000 Haiyun Jiang/The New York Times Elon Musk at the Kennedy Center in Washington, in 2025. https://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-musk/spacex-is-about-to-be-in-your-401-k-whether-you-like-it-or-not https://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-musk/spacex-is-about-to-be-in-your-401-k-whether-you-like-it-or-not Mike Isaac and Maureen Farrell Fri, 12 Jun 2026 17:18:41 +0000 Jeenah Moon/Reuters SpaceX initial public offering signage is displayed at the Bank of America building in New York. https://www.nytimes.com/2026/06/12/business/economy/spacex-openai-anthropic-billionaires-ipos.html https://www.nytimes.com/2026/06/12/business/economy/spacex-openai-anthropic-billionaires-ipos.html Anthropic and OpenAI could join SpaceX with their own initial public offerings, setting many employees up to become millionaires or billionaires. Theodore Schleifer Fri, 12 Jun 2026 17:32:45 +0000 Karsten Moran for The New York Times Dario Amodei, the co-founder and chief executive of Anthropic, in December. https://www.nytimes.com/2026/06/12/movies/blake-lively-legal-fees-ruling-justin-baldoni-settlement.html https://www.nytimes.com/2026/06/12/movies/blake-lively-legal-fees-ruling-justin-baldoni-settlement.html The size of the award remains to be determined as it only involves the legal fees associated with part of her court battle with Mr. Baldoni, with whom she made a film. Julia Jacobs Fri, 12 Jun 2026 17:21:31 +0000 Suits and Litigation (Civil) Movies Sexual Harassment Baldoni, Justin Lively, Blake California It Ends With Us (Movie) Eduardo Munoz/Reuters A judge on Friday awarded Blake Lively some legal fees in her court battle with Justin Baldoni. The amount was not set in the ruling. https://www.nytimes.com/2026/06/12/technology/elon-musk-trillionaire.html https://www.nytimes.com/2026/06/12/technology/elon-musk-trillionaire.html With SpaceX shares soaring on their first day of trading, the world’s richest person crossed another milestone — one with 13 digits. Ryan Mac and Ben Casselman Fri, 12 Jun 2026 16:50:26 +0000 Musk, Elon Space Exploration Technologies Corp Tesla Motors Inc Sanders, Bernard Income Inequality Private Spaceflight High Net Worth Individuals Electric and Hybrid Vehicles Computers and the Internet Stocks and Bonds Poverty Boring Company Neuralink Corp X (Formerly Twitter) Adrees Latif/Reuters Elon Musk, the chief executive of SpaceX, in 2022 at the company’s facility in Brownsville, Texas. https://www.nytimes.com/2026/06/12/technology/spacex-ipo-elon-musk.html https://www.nytimes.com/2026/06/12/technology/spacex-ipo-elon-musk.html The stock market debut of Elon Musk’s rocket company paves the way for a wave of mega offerings that are coming from OpenAI and Anthropic. Ryan Mac Fri, 12 Jun 2026 17:49:07 +0000 Space Exploration Technologies Corp Musk, Elon Initial Public Offerings Artificial Intelligence Private Spaceflight Venture Capital Stocks and Bonds Computers and the Internet Starlink Satellite Constellation (SpaceX) X (Formerly Twitter) X.ai Inc Karsten Moran for The New York Times Traders at New York Stock Exchange watch news about SpaceX’s I.P.O. at Nasdaq on Friday. https://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-musk/is-spacex-worth-1-77-trillion-its-a-pie-in-the-sky-some-investors-say https://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-musk/is-spacex-worth-1-77-trillion-its-a-pie-in-the-sky-some-investors-say Ryan Mac and Mike Isaac Fri, 12 Jun 2026 15:18:10 +0000 John Raoux/Associated Press SpaceX set an initial public offering price of $135 a share, valuing it at $1.77 trillion. Some investors are skeptical that the valuation is justified. https://www.nytimes.com/2026/06/12/business/world-cup-gambling.html https://www.nytimes.com/2026/06/12/business/world-cup-gambling.html At a time of sluggish growth, betting sites like FanDuel and DraftKings are counting on the global soccer tournament to boost online sports gambling. Joe Drape Fri, 12 Jun 2026 13:46:06 +0000 World Cup 2026 (Soccer) Gambling Prediction Markets Soccer Addiction (Psychology) E-Commerce Commodity Futures Trading Commission DraftKings Inc Fanatics Inc FanDuel.com Kalshi Inc Nick Iluzada https://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-musk/when-will-spacex-start-trading https://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-musk/when-will-spacex-start-trading Lauren Hirsch Fri, 12 Jun 2026 14:16:26 +0000 Jeenah Moon/Reuters SpaceX advertisements in Times Square on Friday morning, ahead of its stock’s debut trading. https://www.nytimes.com/2026/06/12/your-money/americans-financial-knowledge.html https://www.nytimes.com/2026/06/12/your-money/americans-financial-knowledge.html Researchers say people with poor understanding of basic finances often make bad decisions on money matters. Ann Carrns Fri, 12 Jun 2026 13:02:36 +0000 Personal Finances Research Women and Girls Content Type: Service https://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-musk/heres-the-latest https://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-musk/heres-the-latest Ryan Mac and Lauren Hirsch Fri, 12 Jun 2026 18:29:56 +0000 Initial Public Offerings Artificial Intelligence Private Spaceflight Space Exploration Technologies Corp Musk, Elon https://www.nytimes.com/2026/06/12/business/dealbook/musks-spacex-ipo-playbook.html https://www.nytimes.com/2026/06/12/business/dealbook/musks-spacex-ipo-playbook.html SpaceX’s trading debut is expected to smash records. Wall Street is watching to see what else it disrupts. Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe, Ian Mount and Christine Zhang Fri, 12 Jun 2026 11:54:20 +0000 internal-storyline-no Musk, Elon Space Exploration Technologies Corp Artificial Intelligence Initial Public Offerings Steve Nesius/Reuters SpaceX’s market debut today is expected to be a watershed moment for Wall Street. https://www.nytimes.com/2026/06/12/business/strait-hormuz-ships-iran.html https://www.nytimes.com/2026/06/12/business/strait-hormuz-ships-iran.html With more than 500 ships still stranded in the Persian Gulf, pressure on the shipowners and sailors is growing by the day. Jenny Gross Fri, 12 Jun 2026 13:07:49 +0000 Ships and Shipping US and Israeli Attack on Iran (2026) Persian Gulf War International Relations Maritime Accidents and Safety Anxiety and Stress International Maritime Organization CMA CGM Group Saade, Rodolphe Athens (Greece) Strait of Hormuz United States Persian Gulf Reuters Supplies of fresh food and water have been running low for the roughly 11,000 sailors stuck on hundreds of ships anchored in the Persian Gulf. https://www.nytimes.com/2026/06/12/business/spacex-biggest-ipos-elon-musk.html https://www.nytimes.com/2026/06/12/business/spacex-biggest-ipos-elon-musk.html The previous record was set over six years ago. But SpaceX, whose stock began trading on Friday, is on track to raise tens of billions of dollars more. Jacqueline Gu Fri, 12 Jun 2026 16:27:39 +0000 Musk, Elon Space Exploration Technologies Corp Private Spaceflight Artificial Intelligence Stocks and Bonds Initial Public Offerings Jacqueline Gu https://www.nytimes.com/2026/06/12/business/energy-environment/iran-war-oil-reserves.html https://www.nytimes.com/2026/06/12/business/energy-environment/iran-war-oil-reserves.html The amount of oil and fuel stored by businesses and governments has fallen sharply since the start of the U.S.-Israeli war against Iran. Rebecca F. Elliott and Lazaro Gamio Fri, 12 Jun 2026 18:28:47 +0000 US and Israeli Attack on Iran (2026) Prices (Fares, Fees and Rates) Oil (Petroleum) and Gasoline Stockpiling Commodities United States Politics and Government Inflation (Economics) Shortages International Trade and World Market Strategic Petroleum Reserve (US) Production Trump, Donald J Iran Strait of Hormuz Israel United States Persian Gulf Europe China internal-open-access-from-nl The New York Times https://www.nytimes.com/2026/06/12/travel/chicago-south-side-obama-center.html https://www.nytimes.com/2026/06/12/travel/chicago-south-side-obama-center.html The Obama Presidential Center, opening on June 19, is poised to attract visitors to an often-overlooked area. Here’s what you’ll find in Hyde Park and beyond. Elaine Glusac and Akilah Townsend Fri, 12 Jun 2026 16:04:09 +0000 Travel and Vacations Obama, Barack H, Presidential Library and Museum University of Chicago Obama, Barack Obama, Michelle Chicago (Ill) South Side, Chicago Architecture Tsien, Billie Williams, Tod (Architect) Hyde Park (Chicago, Ill) Libraries and Librarians Museums The $850-million Obama Presidential Center will introduce visitors to an area they have largely overlooked in favor of downtown attractions. Above, the sculpture of the Obamas outside the center was created by StudioEIS, a Brooklyn-based design studio. https://www.nytimes.com/2026/06/11/business/oil-gas-price-iran.html https://www.nytimes.com/2026/06/11/business/oil-gas-price-iran.html Oil prices retreated and stocks rallied after President Trump called off plans for another day of strikes on Iran, saying that a peace deal could be within reach. The New York Times Fri, 12 Jun 2026 17:30:57 +0000 US and Israeli Attack on Iran (2026) Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Stocks and Bonds Standard & Poor's 500-Stock Index Iran Trump, Donald J Peace Process United States International Relations Eli Hartman/Reuters https://www.nytimes.com/2026/06/11/insider/spacex-ipo-coverage-facts-price.html https://www.nytimes.com/2026/06/11/insider/spacex-ipo-coverage-facts-price.html Two Times tech reporters and their editor talk about assessing the sky-high valuation of the rocket and satellite maker, the potential economic impact of its public debut and the role of the world’s richest man in it all. Megan DiTrolio Fri, 12 Jun 2026 17:12:53 +0000 New York Times Space Exploration Technologies Corp OpenAI Labs Anthropic AI LLC Starlink Satellite Constellation (SpaceX) Initial Public Offerings Private Spaceflight Satellites Artificial Intelligence Stocks and Bonds Computers and the Internet Musk, Elon High Net Worth Individuals Eric Gay/Associated Press Elon Musk’s rocket maker SpaceX set a price of $135 a share, which would value it at $1.77 trillion. https://www.nytimes.com/2026/06/11/science/cleve-moler-dead.html https://www.nytimes.com/2026/06/11/science/cleve-moler-dead.html He built interfaces that allowed engineers, scientists and everyday people to solve difficult problems without having to write the underlying code. Clay Risen Thu, 11 Jun 2026 21:49:14 +0000 Moler, Cleve (1939-2026) Deaths (Obituaries) Mathematics Computers and the Internet Engineering and Engineers MathWorks Inc https://www.nytimes.com/2026/06/11/technology/spacex-ipo-price.html https://www.nytimes.com/2026/06/11/technology/spacex-ipo-price.html Elon Musk’s rocket company said it would sell more than 555 million shares at $135 each in its blockbuster initial public offering, which is set to begin trading on Friday. Ryan Mac Fri, 12 Jun 2026 06:43:31 +0000 Musk, Elon Space Exploration Technologies Corp Initial Public Offerings Private Spaceflight Satellites Space and Astronomy Artificial Intelligence Stocks and Bonds Start-ups High Net Worth Individuals Starlink Satellite Constellation (SpaceX) Records and Achievements Mario Tama/Getty Images SpaceX will begin trading publicly on Friday under the ticker symbol SPCX. https://www.nytimes.com/2026/06/11/business/spacex-openai-ipo-china.html https://www.nytimes.com/2026/06/11/business/spacex-openai-ipo-china.html SpaceX will not raise money from investors in China and Hong Kong. Others firms, like OpenAI, may follow suit. Alexandra Stevenson, Maureen Farrell and Lauren Hirsch Thu, 11 Jun 2026 19:25:06 +0000 China Hong Kong Space Exploration Technologies Corp Initial Public Offerings OpenAI Labs Artificial Intelligence United States International Relations Regulation and Deregulation of Industry Foreign Investments Eric Gay/Associated Press A Starship test flight at the SpaceX’s Starbase in Texas last month. Investors in China are expected to be excluded from the SpaceX initial public offering. https://www.nytimes.com/2026/06/11/technology/spacex-valuation-skeptics.html https://www.nytimes.com/2026/06/11/technology/spacex-valuation-skeptics.html Elon Musk’s rocket company is spending big and losing money. That has raised questions about whether it can justify its valuation for its blockbuster initial public offering. Ryan Mac and Mike Isaac Thu, 11 Jun 2026 20:30:58 +0000 Musk, Elon Initial Public Offerings Space Exploration Technologies Corp Goldman Sachs Group Inc Morgan Stanley Computers and the Internet Space and Astronomy Private Spaceflight Start-ups Stocks and Bonds Chanos, James S John Raoux/Associated Press SpaceX has set an initial public offering price of $135 a share, which would value it at $1.77 trillion. Some investors are skeptical that the valuation is justified. https://www.nytimes.com/2026/06/11/business/spacex-ipo-137-ventures.html https://www.nytimes.com/2026/06/11/business/spacex-ipo-137-ventures.html Justin Fishner-Wolfson, long a minor figure in Elon Musk’s orbit, is at the helm of a multibillion-dollar payout. Rob Copeland Thu, 11 Jun 2026 22:34:49 +0000 Space Exploration Technologies Corp Initial Public Offerings Musk, Elon Private Spaceflight Satellites 137 Ventures Management LLC Fishner-Wolfson, Justin Venture Capital internal-open-access-from-nl Aaron Wojack for The New York Times Justin Fishner-Wolfson’s firm now owns more than 1 percent of SpaceX, worth roughly $20 billion at the company’s expected $1.77 trillion valuation at its listing price. https://www.nytimes.com/2026/06/11/arts/music/boston-symphony-andris-nelsons-chad-smith.html https://www.nytimes.com/2026/06/11/arts/music/boston-symphony-andris-nelsons-chad-smith.html Chad Smith, the orchestra’s president, admitted missteps in terminating Andris Nelsons’s contract but stood by the decision and won’t step down. Adam Nagourney and Robin Pogrebin Fri, 12 Jun 2026 16:39:10 +0000 Classical Music Boston Symphony Orchestra Nelsons, Andris Smith, Chad (Music Executive) Appointments and Executive Changes Boards of Directors Boston (Mass) Berkshires (Mass) Tanglewood Music Festival (Lenox, Mass) Todd Seeber Players Committee https://www.nytimes.com/2026/06/11/business/spacex-ipo-investing.html https://www.nytimes.com/2026/06/11/business/spacex-ipo-investing.html You’re not important or lucky enough to have access to shares at the offering price, and that’s OK. Here’s why. Ron Lieber Thu, 11 Jun 2026 13:56:37 +0000 Personal Finances Space Exploration Technologies Corp Initial Public Offerings Stocks and Bonds 401(k), 403(b) and 457 Plans Start-ups Musk, Elon Robert Neubecker https://www.nytimes.com/2026/06/11/business/aca-health-care-costs-medical-debt.html https://www.nytimes.com/2026/06/11/business/aca-health-care-costs-medical-debt.html One-third of Americans shoulder health care debt. Insurers are being asked to consider lending money to Obamacare consumers who can’t afford higher deductibles. Reed Abelson Thu, 11 Jun 2026 13:53:12 +0000 Health Insurance and Managed Care Credit and Debt Regulation and Deregulation of Industry United States Politics and Government Patient Protection and Affordable Care Act (2010) Prices (Fares, Fees and Rates) Republican Party Trump, Donald J United States Cig Harvey for The New York Times Kathleen Capetta’s family of five is paying an additional $750 a month this year for its Obamacare plan premium. She was already paying off debt from cancer treatment. https://www.nytimes.com/2026/06/11/business/economy/globa-economy-iran-war.html https://www.nytimes.com/2026/06/11/business/economy/globa-economy-iran-war.html The world economy is weakening as energy prices fuel a new bout of inflation. Alan Rappeport Thu, 11 Jun 2026 17:42:23 +0000 Inflation (Economics) United States Economy US and Israeli Attack on Iran (2026) Prices (Fares, Fees and Rates) Bureau of Labor Statistics World Bank Arash Khamooshi/Polaris for The New York Times An explosion after U.S.-Israeli airstrikes hit oil storage depots in Tehran. The war has tangled supply chains and caused oil, gas and fertilizer prices to gyrate for months. https://www.nytimes.com/2026/06/11/business/dealbook/spacex-ipo-ai-spending.html https://www.nytimes.com/2026/06/11/business/dealbook/spacex-ipo-ai-spending.html Elon Musk’s rockets-and-artificial-intelligence company is going public as questions grow over the incredible spending spree taking place in the sector. Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly and Brian O’Keefe Thu, 11 Jun 2026 11:54:31 +0000 internal-storyline-no Space Exploration Technologies Corp Initial Public Offerings Artificial Intelligence OpenAI Labs Anthropic AI LLC Oracle Corporation Meta Platforms Inc Gabriel V. Cardenas/Reuters SpaceX’s launchpad for its Starship rocket in March. Investors may be more focused on the company’s artificial intelligence business. https://www.nytimes.com/2026/06/11/business/spacex-tesla-ipo-elon-musk.html https://www.nytimes.com/2026/06/11/business/spacex-tesla-ipo-elon-musk.html Investors who bought the automaker’s shares in its initial public offering became rich. As a result, many have a deep faith in Elon Musk, the chief executive of Tesla and SpaceX. Jack Ewing Thu, 11 Jun 2026 15:15:44 +0000 Electric and Hybrid Vehicles Rocket Science and Propulsion Space and Astronomy Stocks and Bonds Initial Public Offerings Tesla Motors Inc X.ai Inc Space Exploration Technologies Corp Musk, Elon Automobiles Private Spaceflight High Net Worth Individuals Social Media Prices (Fares, Fees and Rates) Banking and Financial Institutions Ford Motor Co General Motors X (Formerly Twitter) Cramer, James J internal-open-access-from-nl Brendan McDermid/Reuters During Tesla’s initial public offering in 2010, Elon Musk, the company’s chief executive, said, “The smartest money in the world is betting on Tesla.” https://www.nytimes.com/2026/06/11/business/he-man-mattel-marketing-protein-supplements.html https://www.nytimes.com/2026/06/11/business/he-man-mattel-marketing-protein-supplements.html To promote “Masters of the Universe,” Mattel, the toymaker behind the movie, tapped into one of the hottest trends in health and wellness. Gregory Schmidt Thu, 11 Jun 2026 15:01:56 +0000 Movies Dietary Supplements and Herbal Remedies Advertising and Marketing Mattel Inc Masters of the Universe (Movie) Proteins Brendan George Ko for The New York Times Perfect Sports has introduced an exclusive line of nutritional products tied to “Masters of the Universe.” https://www.nytimes.com/2026/06/11/travel/how-to-file-a-travel-insurance-claim.html https://www.nytimes.com/2026/06/11/travel/how-to-file-a-travel-insurance-claim.html The process involves attention to detail and, above all, documentation. Here’s what you need to know. Elaine Glusac Thu, 11 Jun 2026 09:04:17 +0000 Travel and Vacations Travel Insurance Credit Cards Content Type: Service Philip Lindeman https://www.nytimes.com/2026/06/11/business/china-robots-humanoid.html https://www.nytimes.com/2026/06/11/business/china-robots-humanoid.html Building on the country’s electric vehicle industry, Chinese companies are making robot parts at a scale and price point others can’t match. Meaghan Tobin and Keith Bradsher Thu, 11 Jun 2026 15:08:54 +0000 China Robots and Robotics Electric and Hybrid Vehicles Sensors Factories and Manufacturing Supply Chain UBTech Robotics Corp Ltd Japan Qilai Shen for The New York Times https://www.nytimes.com/2026/06/11/business/european-central-bank-inflation-interest-rates.html https://www.nytimes.com/2026/06/11/business/european-central-bank-inflation-interest-rates.html The European Central Bank raised interest rates for the first time since 2023. It expects inflation to run hotter than previously thought, and downgraded its forecast for economic growth. Eshe Nelson Thu, 11 Jun 2026 16:04:42 +0000 European Central Bank Interest Rates Inflation (Economics) Europe Eurozone Prices (Fares, Fees and Rates) Government Bonds Economic Conditions and Trends Samuel Aranda for The New York Times The European Central Bank raised its forecast for inflation as the war in Iran pushes prices higher. https://www.nytimes.com/2026/06/11/business/medicare-advantage-nursing-homes.html https://www.nytimes.com/2026/06/11/business/medicare-advantage-nursing-homes.html Two reports by U.S. investigators reveal how Medicare Advantage is quick to reject requests for short-term nursing home or inpatient services. Reed Abelson Thu, 11 Jun 2026 17:04:10 +0000 Medicare Advantage Therapy and Rehabilitation Nursing Homes Elderly Inspectors General Health and Human Services Department Centers for Medicare and Medicaid Services CVS Caremark Corporation Humana Inc UnitedHealth Group Inc NaviHealth David Goldman/Associated Press Two reports found that the three major insurers that sell Medicare Advantage plans denied about 13 percent of patients’ requests to go to a skilled nursing facility to recover from surgery or a serious illness. https://www.nytimes.com/2026/06/10/business/oil-gas-price-iran.html https://www.nytimes.com/2026/06/10/business/oil-gas-price-iran.html Oil prices jumped after the United States and Iran exchanged fire for a second day, heightening fears that the two countries could slide back into open conflict. The New York Times Thu, 11 Jun 2026 20:09:30 +0000 US and Israeli Attack on Iran (2026) Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Stocks and Bonds Standard & Poor's 500-Stock Index Iran Scott Olson/Getty Images https://www.nytimes.com/2026/06/10/business/lee-raymond-dead.html https://www.nytimes.com/2026/06/10/business/lee-raymond-dead.html He oversaw Exxon’s acquisition of a rival, cut costs relentlessly and denied the scientific consensus on climate change. James R. Hagerty Thu, 11 Jun 2026 16:49:18 +0000 Raymond, Lee R (1938- ) Deaths (Obituaries) Oil (Petroleum) and Gasoline Mergers, Acquisitions and Divestitures Global Warming Exxon Mobil Corp Donna McWilliam/Associated Press Lee Raymond, the chairman and chief executive of Exxon Mobil Corp., at a news conference in 2005. A former high school debating champion, he was known for making withering remarks to those who challenged him. https://www.nytimes.com/2026/06/10/arts/design/ai-gemini-thrift-store-painting-sale.html https://www.nytimes.com/2026/06/10/arts/design/ai-gemini-thrift-store-painting-sale.html When a son got curious about the origins of a painting his mother bought at a secondhand shop decades ago, Google Gemini had some intriguing thoughts. Malia Mendez Thu, 11 Jun 2026 19:27:21 +0000 Art Auctions Artificial Intelligence Appraisals and Valuation (Property) Thrift Shops Cadell, Francis C B Lyon & Turnbull Helene Plotkin Scotland https://www.nytimes.com/2026/06/10/business/bill-gates-epstein-testimony.html https://www.nytimes.com/2026/06/10/business/bill-gates-epstein-testimony.html The billionaire philanthropist testified on Wednesday in a closed-door congressional hearing about the Justice Department’s investigation of Jeffrey Epstein. Matthew Goldstein Wed, 10 Jun 2026 22:15:15 +0000 Gates, Bill Epstein, Jeffrey E (1953- ) Microsoft Corp United States Politics and Government House Committee on Oversight and Government Reform Justice Department Sex Crimes Child Abuse and Neglect Human Trafficking Prostitution Pete Marovich for The New York Times Revelations about Bill Gates’s connection to Jeffrey Epstein came to light after Mr. Epstein was arrested in 2019. https://www.nytimes.com/2026/06/10/business/economy/trump-inflation-iran-war.html https://www.nytimes.com/2026/06/10/business/economy/trump-inflation-iran-war.html As inflation outpaces workers’ wages, the Trump administration insists that its agenda is working. Tony Romm Wed, 10 Jun 2026 21:48:11 +0000 US and Israeli Attack on Iran (2026) Inflation (Economics) United States Economy Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Cost of Living and Affordability Federal Reserve System Interest Rates Trump, Donald J United States Politics and Government Doug Mills/The New York Times Speaking at a bill signing on Wednesday, President Trump predicted that inflation would recede quickly, once the Iran conflict concludes.“ It’s going to come down like a rock.” https://www.nytimes.com/live/2026/06/10/business/inflation-report-cpi/what-to-know-about-the-report https://www.nytimes.com/live/2026/06/10/business/inflation-report-cpi/what-to-know-about-the-report Lydia DePillis Wed, 10 Jun 2026 16:08:08 +0000 https://www.nytimes.com/2026/06/10/business/investors-artificial-intelligence.html https://www.nytimes.com/2026/06/10/business/investors-artificial-intelligence.html In the race to dominate the artificial intelligence industry, companies like SpaceX and Alphabet are borrowing cash and raising equity from investors at the fastest pace in decades. Joe Rennison, Lauren Hirsch and Maureen Farrell Wed, 10 Jun 2026 21:38:53 +0000 Artificial Intelligence Two Thousand Twenty Six Start-ups Alphabet Inc Anthropic AI LLC Berkshire Hathaway Inc OpenAI Labs Abel, Gregory E Space Exploration Technologies Corp Musk, Elon Joe Raedle/Getty Images The amount of cash needed for A.I. development is thought to be so enormous that already cash-rich companies are looking for more money. https://www.nytimes.com/2026/06/10/technology/spacex-ipo-employee-millionaires.html https://www.nytimes.com/2026/06/10/technology/spacex-ipo-employee-millionaires.html While Elon Musk may soon become a trillionaire, his rocket company’s market debut is set to change the lives of its current and former employees, too. Kirsten Grind Fri, 12 Jun 2026 15:50:11 +0000 Space Exploration Technologies Corp Initial Public Offerings Private Spaceflight Space and Astronomy High Net Worth Individuals Start-ups Computers and the Internet Musk, Elon internal-open-access-from-nl Chelsea Beck https://www.nytimes.com/2026/06/10/business/economy/americans-travel-expensive.html https://www.nytimes.com/2026/06/10/business/economy/americans-travel-expensive.html Airfares shot up 27 percent from a year earlier in the latest inflation data. Aruni Soni Wed, 10 Jun 2026 14:40:02 +0000 Travel and Vacations Airlines and Airplanes Prices (Fares, Fees and Rates) Summer (Season) Inflation (Economics) United States US and Israeli Attack on Iran (2026) Jamie Kelter Davis for The New York Times Airlines flagged concerns about rising fuel prices in their most recent earnings reports in April.