what’s new

Legislation to establish a regulatory framework for digital tokens has been thrown into turmoil — by one of its biggest champions.

“Everything’s on the table,” an executive at JPMorgan Chase said, as the industry seeks to head off President Trump’s effort to cap interest rates.

Former Federal Reserve chiefs, Republican senators and — perhaps most important, many bond investors — raised concerns about an investigation into the bank’s leader.

Make sense of the latest business and policy headlines with our daily newsletter.

Bowing to pressure, the company said it would restrict X users from generating explicit images of real people in jurisdictions where such content is illegal.

If SpaceX, OpenAI and Anthropic go public, they will unleash gushers of cash for Silicon Valley and Wall Street.

Neko Health, backed by the Spotify founder Daniel Ek, plans to open in New York this spring.

The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States.

Companies that already have operations in the country stand to benefit, but those that have profited from a standoff between Caracas and Washington could lose out.

A criminal investigation into Jay Powell, the Federal Reserve chair, may be the most consequential attack yet on the central bank’s political independence.

During a meeting at the White House, the industry leaders appeared wary of making long-term investments in the country.

The negotiations come amid an increase in deal-making across the mining industry as demand for copper and other metals soars.

Sergey Brin is joining his Google co-founder, Larry Page, in reducing ties to the state where they built their fortunes.

Late Thursday, Mr. Musk’s chatbot, Grok, limited requests for A.I.-generated images on X to paid subscribers of the social media site amid an outcry from victims and regulators.

The agreement represents a push for deeper global cooperation, in contrast to the United States’ turning to coercion in its dealings with other countries.