PRESS DIGEST-New York Times business news -January 2
Jan 2 (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.
- Democrat Zohran Mamdani signed an executive order on his first day as mayor on Thursday, revoking all orders issued by former Mayor Eric Adams after his indictment on federal corruption charges, including two that he had touted as support for Israel.
- President Donald Trump said his administration was removing the National Guard from Chicago, Los Angeles and Portland, but added in his social media post that federal forces will "come back" if crime rates go up.
- The Venezuelan government released at least 80 political prisoners on Thursday, including one with U.S. ties, marking the second mass release in as many weeks amid U.S. pressure on the government of President Nicolas Maduro.
Related Articles
Coca Cola (KO) Q4 Earnings Preview: Look for the Upside in the AI Initiatives, not in the Revenue and the EPS
Coca-Cola (KO) enters its fourth-quarter 2025 earnings call tomorrow with significant momentum. However, a fundamental shift is occurring.
Warsh’s Fed Era Signals a Death Knell for QE, Jolting the $30 Trillion Treasury Market
With Warsh’s nomination, his past proposals for governing the Federal Reserve are being brought to the forefront. A central issue is the formulation of a new "1951 Accord" to restructure the relationship between the Fed and the Treasury. Analysts suggest such a move could impact the $30 trillion Tre
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
