PRESS DIGEST- New York Times business news - Aug 26
Aug 26 (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.
- U.S. President Donald Trump said on Monday that he was taking the extraordinary step of removing Lisa Cook from the Board of Governors of the Federal Reserve.
- Lisa Cook said that she would not step down from the Federal Reserve, hours after U.S. President Donald Trump said that he was taking the extraordinary step of removing her from the central bank's board of governors.
- U.S. President Donald Trump signaled on Monday that he would pursue investments in major U.S. companies, describing his new economic strategy as an attempt to "get as much as I can."
- SpaceX scrubbed the 10th test flight of Starship, the mammoth rocket that Elon Musk hopes to use to take people to Mars, for the second night in a row on Monday.
Related Articles
What to Watch in Nvidia’s Q2 FY2026 Earnings: AI Growth, Margins, and Market Impact
TradingKey - NVIDIA Corporation (NASDAQ: NVDA) will report its Q2 FY2026 earnings on Wednesday, August 27, 2025, after the U.S. market closes. The earnings call is scheduled for 5:00 p.m. Eastern Time. With Nvidia being a bellwether in AI, gaming, and data center markets, and carrying significant...
Fed at a Crossroads: Powell Faces the Spotlight at Jackson Hole in a Moment of Fed Uncertainty
TradingKey - The annual Jackson Hole Symposium is currently underway, with Federal Reserve Chair Jerome Powell’s speech on Friday, August 22, drawing global attention. Amid growing internal divisions within the Fed and external pressure from the Trump administration to reshape its leadership, will
Eurozone Q2 GDP Commentary: Will the Euro's Upward Momentum Persist?
TradingKey - On 14 August 2025, Eurostat published Q2 GDP figures, revealing a drop in the Eurozone's quarter-on-quarter growth from 0.6% in the first quarter to 0.1%. Consequently, annual growth eased from 1.5% to 1.4%. The slowdown primarily stems from the diminishing boost from European...
Apple Q3 FY2025 Earnings Review: Strong iPhone Performance and AI Momentum Amid Tariff Challenges
TradingKey - Apple Inc. (NASDAQ: AAPL) released its Q3 FY2025 earnings on July 31, 2025, after market close, delivering results that surpassed expectations, driven by robust iPhone sales and strong Services growth. Despite a slight dip in initial after-hours trading, Apple’s stock rose 2%...
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,
