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PRESS DIGEST- New York Times business news - July 29

ReutersJul 29, 2025 5:27 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.

- Top U.S. and Chinese economic officials met in Stockholm for more than five hours of talks aimed at resolving longstanding economic disputes at the centre of a trade war between the world's top two economies, seeking to extend a truce by three months.

- U.S. President Donald Trump set a new deadline of 10 or 12 days for Russia to make progress toward ending the war in Ukraine or face consequences.

- Harvard University has signaled a willingness to meet the Trump administration's demand to spend as much as $500 million to end its dispute with the White House as talks between the two sides intensify.

- A gunman armed with an assault-style rifle killed four people inside a Manhattan skyscraper that houses the headquarters of the NFL and offices of several major financial firms including Blackstone BX.N and then shot himself dead, New York City officials said.

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