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Today — 7 November 2026NYT - Business

Law Firms Have Malpractice Insurance. Should Their A.I. Agents?

7 November 2026 at 13:00
Crosby, an A.I. law firm, bought it for them. The move speaks to a nascent gap in coverage as major insurers grapple with risks related to artificial intelligence.

© Elias Williams for The New York Times

Ryan Daniels, the C.E.O. of Crosby, said his goal was for A.I. agents to do legal work without lawyer supervision.
Yesterday — 6 November 2026NYT - Business

Stable Labor Market Keeps Fed on Track to Raise Rates Gradually

6 November 2026 at 13:45
The Federal Reserve decided against raising interest rates at its meeting last week, but it is widely expected to move again in December to help tame inflation.

© Alex Wong/Getty Images

Kevin Warsh, Fed chairman, has settled on raising interest rates gradually as it seeks to tame inflation.
Before yesterdayNYT - Business

China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals

5 November 2026 at 11:23
Chinese authorities stopped the sale of ABB Robotics, owned by a Swiss conglomerate, to SoftBank of Japan amid wider scrutiny of global transactions that could affect Beijing’s technology ambitions.

© Moritz Hager/Reuters

China is ABB’s largest robotics market and most of its machines built for Chinese customers are manufactured locally.

Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?

29 October 2026 at 11:45
The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket. But legal challenges to its business persist.

© Jeenah Moon/Reuters

Tarek Mansour, the C.E.O. of Kalshi, said there had “been discussions” about a public offering for the company.

Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?

29 October 2026 at 11:45
The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket. But legal challenges to its business persist.

© Jeenah Moon/Reuters

Tarek Mansour, the C.E.O. of Kalshi, said there had “been discussions” about a public offering for the company.

Christine Lagarde to Step Down as President of European Central Bank

29 October 2026 at 17:19
Her plan to depart in February, months before the end of an eight-year term, sets in motion a selection process among European leaders for a new central bank president.

© Heiko Becker/Reuters

Christine Lagarde’s appointment as the European Central Bank’s first female president was the latest step in a career of breaking gender barriers, while also contending with economic crises.

Fed Will Hold Fewer Rate-Setting Meetings Starting Next Year

28 October 2026 at 20:02
Kevin M. Warsh, the Federal Reserve’s chairman, said the central bank would vote on interest rates seven times in 2027 and six in 2028. It has traditionally voted eight times per year.

© Saul Loeb/Agence France-Presse — Getty Images

Kevin M. Warsh, the Fed chairman, said the central bank beginning next year will hold fewer meetings at which it votes on interest rates.

RFK Jr. to Allow Broad Use of Unapproved Peptide Injections

28 October 2026 at 17:05
In a unilateral declaration by the health secretary, several injections promoted by online influencers will become widely available. The F.D.A. had advised against the move.

© Almaas Masood/Reuters

Peptides are short chains of amino acids that give the body basic instructions. While the F.D.A. has approved some peptide compounds, such as insulin to manage diabetes, many others lack scientific evidence of efficacy or safety.

China Steps In to Rescue Stocks, But the Market Continues to Fall

The Communist Party uses a “national team” of state-owned investment funds to stem the market rout. But this time, investors are not sure it will work.

© Florence Lo/Reuters

President Xi Jinping of China has convened senior leaders to set the government’s agenda, but the economy is likely to take a back seat to politics.

5 Takeaways From Our Investigation of Trump’s Waivers for Polluters

24 October 2026 at 09:01
Chemical plants and other industrial facilities had been required to curb their toxic emissions. A New York Times investigation shows how they got out of it.

© Meridith Kohut for The New York Times

Three million Americans live within three miles of at least one facility that received a clean-air rule waiver from the Trump administration.
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