PRESS DIGEST-New York Times business news - Aug 14
Aug 14 (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.
- The U.S. government's ethics watchdog agency said this week that Treasury Secretary Scott Bessent has failed to fully comply with an agreement that required him to divest his financial assets, posing potential conflicts of interest as he leads the Trump administration's economic policy agenda.
- Two U.S. law firms, Kirkland & Ellis and Skadden Arps, that reached deals with U.S. President Donald Trump this year to avoid punitive executive orders were connected in recent months with the Commerce Department about working on trade deals, according to three people briefed on the matter.
- A U.S. federal appeals court panel cleared the way on Wednesday for the Trump administration to continue refusing to spend billions of dollars in foreign aid, finding that aid organizations that had sued to recover the money lacked the legal right to bring the challenge.
Related Articles
China July Money Supply Commentary: M2 Growth Rises More Than Expected
The relatively large increase in M2 mainly stems from two factors: first, the impact of a low base formed by the relatively low growth rate of M2 in the same period last year; second, the resolution of debts has promoted the improvement of corporate capital flows.
Warren Buffett Q2 2025 13F Analysis: Betting on UnitedHealth Again After 14 Years
TradingKey - In Q2 2025, the value of Berkshire Hathaway’s investment portfolio declined from $259.8 billion in Q1 to $257.5 billion, a decrease of 0.89%. Analysis indicates that this drop is primarily driven by a net capital outflow of 0.78%. The outflow may be linked to changing market conditions
Bridgewater Associates Q2 2025 13F Analysis: Founder Ray Dalio’s Final Act
TradingKey - Bridgewater Associates, the world’s largest hedge fund and renowned for its macroeconomic analysis, continues to command market respect with its “risk parity” strategy and precise economic cycle timing.
Ethereum Price Prediction: Will ETH Extend the Rally? What’s the Future Trend?
Ethereum's impressive 2025 rally has been largely fueled by inflows from spot ETFs and a surge in institutional holdings, signaling growing confidence in its role as a core asset in the crypto market. However, to officially confirm the start of a new bull cycle, ETH must break above the critical $4,
Japan's economy has fallen back to negative growth after one year. Will yen continue to weaken?
TradingKey - Japan's economic performance is lackluster, with the preliminary annualized quarterly GDP for the first quarter recorded at -0.7%. This marks the first contraction in a year, and the economy may face further impacts from Trump’s tariffs.
