PRESS DIGEST- New York Times business news - June 3
June 3 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
- Harvard officials, in a new court filing on Monday, detailed the extent of cuts that the Trump administration has made to university research projects, calling it wasteful.
- The Trump administration announced plans to lift Biden-era protections on millions of acres of wilderness in the National Petroleum Reserve, Alaska, opening them to drilling and mining as part of the "drill baby, drill" agenda.
- The National Weather Service plans to hire more than 100 people after nearly 600 were laid off or retired as part of government wide cuts this year.
- The Federal Trade Commission is investigating potential antitrust violations by advertising and advocacy groups that allegedly coordinated advertiser boycotts over harmful online content.
Related Articles
H-1B Policy Shock: Challenges for the Tech Industry and U.S. Stock Market Investments
TradingKey - The H-1B visa allows foreign professionals to work legally in the United States, primarily targeting talent in science, technology, engineering, and mathematics (STEM) fields.
U.S. August PCE: Inflation Remains the Market's Greatest Risk
Our baseline forecast anticipates sustained asset price increases. However, if inflation surpasses market expectations in the coming months, it could hinder further rate cuts and pose the greatest risk to financial markets.
Memory Giant Micron Delivers Stellar Q4 FY2025 with Explosive DRAM and HBM Growth
TradingKey - Micron Technology, Inc. (NASDAQ: MU) delivered a stellar Q4 FY2025 earnings report, exceeding expectations on revenue, earnings, and margins. The company reported total revenue of $11.32 billion, up 46% YoY and 22% sequentially, surpassing the consensus forecast of $11.1 billion.
Bitcoin Price Forecast: Trends and Investment Outlook from 2025 to 2030
From $0.01 in 2009 to $120,000+ in 2025, Bitcoin has evolved from obscurity to a globally recognized financial asset. While institutions and governments increasingly embrace it, investors must remain vigilant against volatility, security risks, and scams.
[IN-DEPTH ANALYSIS] MercadoLibre: The Rise of Latin America's Digital Empire, Balancing Opportunities and Challenges
TradingKey - MercadoLibre is the leading e-commerce and fintech company in Latin America, deeply rooted in 19 countries and covering a young market of 670 million people. It leads the industry with its first-mover advantage and localized operation..jpg)
