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PRESS DIGEST- New York Times business news - October 28

ReutersOct 28, 2025 4:27 AM

- 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.

- Trump administration officials hailed the makings of a trade deal in which China delays rare earth licensing rules and buys soybeans, prompting U.S. tariff relief.

- The largest union of federal workers called for Congress to pass a spending bill to immediately end the ongoing U.S. government shutdown.

- The White House has withdrawn the nomination of Joel Rayburn, President Trump's pick to serve as an assistant secretary of state.

- The Trump administration has asked the Supreme Court to allow the president to remove the government's top copyright official, Shira Perlmutter.

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