White House Whipsaws Silicon Valley (and Itself) Over A.I. Rules

The Trump administration has struggled over how to approach “open source” models, which are freely available to download and favored by Chinese companies.Chinese open-source artificial models like Kimi, made by Moonshot AI, have added a new and urgent dimension to the fight between Washington and Be

D David McCabe, Mike Isaac, Ana Swanson and Kate Conger

Ronald Lauder, a Billionaire G.O.P. Backer, Closes His Wallet

Ronald S. Lauder, a major funder of conservative political causes, has not given a single dollar this year to Republicans in his home state, and his super PAC has gone idle.Ronald S. Lauder, at a Frick Collection dinner in 2021, has so curtailed his political donations that no Republican in New York

N Nicholas Fandos

How the War in Iran Is Complicating Trump’s Agenda at Home

As President Trump heads to the West Coast to talk to Americans about the economy, the war in Iran is driving up costs and polls show the already unpopular conflict is losing support.President Trump has been the only president in the modern era to take the country to war without the support of the A

E Erica L. Green

Sailors Working in Strait of Hormuz Are Caught in Crossfire of Iran War

Thousands of civilian workers remain stranded on ships at risk of attack by Iran. On one vessel, sailors have been held by the Iranian navy for more than three months.U.S.-Israel attacks against Iran on Feb. 28 followed by Iran’s almost-immediate closure of the Strait of Hormuz, has stranded thousan

J Jenny Gross and Peter Eavis

An Emerging Deal Between Iran and Oman to Reopen Hormuz Would Come at a Cost for Trump

The deal would address President Trump’s most urgent political problem by allowing ships to move again. But it would give Iran strategic leverage it did not have before the war.Ships in the Strait of Hormuz seen from Musandam, Oman, in June. An emerging deal, if it happens, would reopen shipping tra

D David E. Sanger, Farnaz Fassihi and Eric Schmitt

A Currency Trader at Heart, Bessent Bets on Japan’s Yen

Coordinated intervention allowed Japan to support its currency without selling off its U.S. debt holdings.Scott Bessent, the Treasury secretary, last week returned to his roots as a hedge fund manager in making a currency bet to help stabilize Japan’s currency.

A Alan Rappeport

Pacific Palisades Shopping Center Is Preparing to Reopen

Rick Caruso, the billionaire real estate developer and former Los Angeles mayoral candidate, is reviving a property still surrounded by burned-out lots.Palisades Village mall, which was largely intact after the devastating Los Angeles wildfire last year, is nearly complete and set to reopen Aug. 15.

K Kim Bhasin and Shawn Hubler

After Deadly E-Bike Crashes, N.Y. Lawmakers Consider Crackdown

The City Council on Tuesday is expected to present 17 proposals to make electric bikes and scooters safer for riders and pedestrians.Among the bills under consideration are ones that would ban the sale of some high-speed e-bikes that are currently legal and that would increase penalties for riders w

S Stefanos Chen

What to Know About Legal and Illegal E-Bikes in New York

After a series of fatal crashes, often involving illegal devices, officials in New York City are weighing new rules for electric vehicles.Several types of electric bikes and scooters are legal in New York City, but many others, including those that can travel at high speeds, are banned.

E Emma G. Fitzsimmons

Ariana Grande and the Debate Over Health, Privacy and Celebrity

The pop star has long pushed back on comments about her weight loss, urging fans to be “gentler.” As her fame reached new heights, so did the scrutiny.Ariana Grande will soon take a “break from public-facing work and appearances,” a representative said, citing “endless, ongoing public scrutiny.”

J Julia Jacobs