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Highlights

  1. DealBook Newsletter

    Powell Cheers Markets Looking for Signs on Rate Cuts

    The S&P 500 winning streak rolled on after the Fed chair made encouraging comments about inflation and the state of the labor market.

     By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and

    The markets liked what Jay Powell, the Fed chair, had to say on Day 1 of his Capitol Hill testimony.
    The markets liked what Jay Powell, the Fed chair, had to say on Day 1 of his Capitol Hill testimony.
    CreditCheriss May for The New York Times
    1. DealBook Newsletter

      Biden Pushes Back Against Big Donors

      The president’s joined a call intended to soothe wealthy backers’ worries and tried to shift the focus to attacking Donald Trump.

       By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and

      President Biden is trying to shore up support on multiple fronts, including from some wavering Democratic lawmakers and donors.
      President Biden is trying to shore up support on multiple fronts, including from some wavering Democratic lawmakers and donors.
      CreditTom Brenner for The New York Times
    2. DealBook Newsletter

      Biden’s Wall Street Donors Are Increasingly ‘Concerned’

      Major backers in finance spent the weekend discussing whether to stick with the president, or to call on him to withdraw.

       By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch, Ephrat Livni, Vivienne Walt and

      President Biden’s support is slipping, with Wall Street backers expressing concern.
      President Biden’s support is slipping, with Wall Street backers expressing concern.
      CreditKent Nishimura for The New York Times
    3. Sign Up for DealBook

      Make sense of the latest business and policy headlines with our daily newsletter.

       

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DealBook Newsletter

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  1. As the E.V. Revolution Slows, Ferrari Enters the Race

    Growth in electric vehicle sales has been slowing, but the Italian luxury carmaker is stepping up investment and setting ambitious targets.

     By

    Ferrari’s new “e-building” factory in Maranello, Italy, is used to make gas and hybrid cars. The facility will also be used to produce the company’s first fully electric vehicle.
    CreditMaurizio Fiorino for The New York Times
  2. If Not President Biden, Then Who?

    Democrats and donors are pondering who could be the best alternative to take on Donald Trump after faltering attempts to calm nerves following last week’s debate.

     By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch, Ephrat Livni and

    Cracks are beginning to appear in the Democratic Party’s support of President Biden after last week’s debate debacle.
    CreditYuri Gripas for The New York Times
  3. Should a Gusher of Donations Calm Democrats?

    President Biden’s campaign said it had raised $127 million last month, but big donors are still anxious after his debate performance.

     By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and

    President Biden’s camp is hoping to allay fears about his health and stoke worries about a Trump re-election.
    CreditDoug Mills/The New York Times
  4. What Will Biden Donors Do Now?

    Some wealthy supporters have offered positive assessments of the president after his disastrous debate, but others worry that the ticket is on the path to defeat.

     By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and

    President Biden tried to put distance between himself and last week’s rough debate performance, but some Democrat donors need convincing.
    CreditElizabeth Frantz/Reuters
  5. Biden? Trump? The Politics of Talking About It at the Office.

    Some companies have banned political discussions at work, but that might be easier said than done.

     By Sarah Kessler and

    President Biden and former President Donald J. Trump faced off in this year’s first presidential debate on Thursday.
    CreditKenny Holston/The New York Times

DealBook Summit

More in DealBook Summit ›
  1. Elon Musk’s Mindset: ‘It’s a Weakness to Want to Be Liked’

    In an interview, the tech billionaire slams advertisers for pulling back from X and discusses his emotional state.

     By Andrew Ross Sorkin, Evan Roberts, Elaine Chen, Dan Powell and

    Credit
  2. Kamala Harris on Polling and Polarization

    In an interview, the vice president discusses the extent to which she follows polls and why social division is like a virus.

     By Andrew Ross Sorkin, Evan Roberts, Elaine Chen, Dan Powell and

    Credit
  3. Jamie Dimon on Why He Thinks We Are Living in One of the Most Dangerous Times

    The JP Morgan chief on E.S.G., the dire state of the global economy and Elon Musk.

     By Andrew Ross Sorkin, Evan Roberts, Elaine Chen, Dan Powell and

    Credit
  4. Bob Iger of Disney on Culture Wars and Streaming

    The chief executive talks about returning to the company’s roots while adapting to changing times.

     By Andrew Ross Sorkin, Evan Roberts, Elaine Chen, Dan Powell and

    Credit
  5. How Andrew Ross Sorkin Gets Business and World Leaders to Open Up

    The many sides of Elon Musk, the challenges of political interviews, warming up guests beforehand — we take you behind the scenes of the DealBook Summit.

     By Andrew Ross Sorkin, Lulu Garcia-Navarro, Evan Roberts, Elaine Chen and

    Andrew Ross Sorkin with vice president Kamala Harris during the DealBook Summit at Lincoln Center in New York City.
    Credit

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DealBook: A Special Section

More in DealBook: A Special Section ›
  1. At the DealBook Summit, Leaders Contend With an ‘Existential Moment’

    Even leaders who usually display unrestrained confidence expressed anxiety about the state of the world.

     By

    CreditIllustration by Israel Vargas. Photographs by Mario Anzuoni/Reuters, Kenny Holston/The New York Times, Drew Angerer/Getty Images, Jackie Molloy for The New York Times, Coley Brown for The New York Times, Philip Cheung for The New York Times, Alain Jocard/Agence France-Presse via Getty Images, Emily Berl for The New York Times, Ritchie B Tongo/EPA, via Shutterstock, Getty Images, Chip Somodevilla/Getty Images, Michael Tran/Agence France-Presse via Getty Images, Jared C. Tilton/Getty Images, Madeleine Hordinski for The New York Times
  2. The 2024 Election Will Be Unlike Any Other. Is the Media Ready?

    Journalists are facing “deep fakes,” sagging trust, global unrest and an unprecedented Trump campaign being run “from the courthouse steps.”

     By

    President Biden talking to reporters last week. Every presidential election cycle in recent memory has been shaped by the emergence of a new technology or the exploitation of an existing one. But 2024 will be more complicated.
    CreditErin Schaff/The New York Times
  3. Addressing the Tensions Between China and the Rest of the World

    U.S.-China trade is at a record high, but businesses and governments are wrestling with how to balance national security and commercial interests.

     By

    President Biden and President Xi Jinping of China during their meeting last month in California. Both men spoke of the need to avoid conflict.
    CreditDoug Mills/The New York Times
  4. In the Creator Economy, There Is Money to Be Made

    People from all types of backgrounds have become stars — and it’s a trend that’s expected to get even bigger and make them even richer in years to come.

     By

    Name, image and likeness deals have allowed college athletes, like Olivia Dunne, a gymnast at Louisiana State University, to participate in the creator economy.
    CreditAnnie Flanagan for The New York Times
  5. Silicon Valley Confronts a Grim New A.I. Metric

    Where do you fall on the doom scale — is artificial intelligence a threat to humankind? And if so, how high is the risk?

     By

    Dario Amodei demonstrates how the use of simple video games can be used to train the A.I. bots.
    CreditChristie Hemm Klok for The New York Times
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