Fed Signals Another Rate Increase Could Be Coming
Here’s how to read the Federal Reserve’s economic projections like a pro.
Why the Fed Might Raise Interest Rates When Borrowing Costs Are Surging
Elevated interest rates have raised the cost of mortgages and car loans without dampening consumer spending.
Global Oil Prices Could Hit Highest Levels in Months After Saudi Pipeline Attacks
Prolonged restrictions on exports could push oil prices even higher.Commercial vessels anchored off Yemen’s coast last week at the Bab al-Mandab Strait, which can be used to transport oil to Asia.
Houthis and Saudis Trade Claims of Military Attacks as Conflict Escalates
The Houthis, an Iran-backed militia in Yemen, said they had downed a Saudi jet, while Saudi authorities accused the group of firing a drone near Mecca. The Houthis denied doing so.
E.U.-Canada Ambitions Face Reality Check
The bloc’s offer of “associate member” status to Ottawa shows how U.S. allies are pulling closer together. But their plans face significant obstacles.Canadian Prime Minister Mark Carney greets members of the European Parliament as he attends the State of the European Union address in Strasbourg, Fra
The Liftoff Scenario That Terrifies A.I. Doomsayers
“Recursive self-improvement” is the idea that artificial intelligence could learn to build and train itself, creating exponential new progress — and risk.Jeff Clune a computer scientist and researcher at the University of British Columbia in Canada and founder of Recursive Superintelligence, one of
The Quiet Way A.I. Is Hitting the Work Force
Lower wage growth and slower hiring in some sectors may be the result of artificial intelligence, especially for younger workers.
U.S. Fast-Tracked Deportation of Ecuadorean Politician Despite Torture Fears
The removal of José Serrano, a critic of President Daniel Noboa who has been accused of criminal activity, underscores how the Trump administration has asserted control over U.S. immigration courts.José Serrano in 2018, when he was president of Ecuador’s National Assembly. He is now being held in a
Billions in Taxes Go Unpaid. Under Trump, the I.R.S. Won’t Say How Much.
The absence of the annual estimate on the tax gap could make it more difficult to assess whether more taxes are going unpaid since President Trump took office.The holding up of the tax gap estimate comes as President Trump’s administration has pushed out roughly a quarter of the I.R.S. work force an
News Helicopter Crash in Los Angeles Underscores the Risks of Aerial Reporting
Swarms of helicopters traverse the vast region to capture its mayhem. Then, one became the story. “It was the day we all dread,” one pilot said.The helicopter plunged onto shipping containers and burst into flames.
What to Know About the Victims in the NBC4 Helicopter Crash in Los Angeles
A journalist and pilot who were on board the news helicopter when it crashed had flown hundreds of hours together since 2023.Eliana Moreno, a reporter for NBC 4 and Telemundo 52 in Los Angeles, went by “Eli in the heli” on social media.
Julia Louis-Dreyfus Is Ready to Make a Meal of Broadway
The actress, last onstage over four decades ago, had a “terrifying” desire to return to the stage. “Other Desert Cities” will be her Broadway debut.
‘You’re Elected to Fight and Kill the Other Side’: How Congress Lost Its Way
Members from both parties say the legislative branch has descended into a state of dysfunction in the Trump era.
Bo French Faces Backlash Over Posts About University of Texas Students
Republican leaders brought Bo French, an anti-Muslim hard-liner, into the fold. Then he attacked Texas football fans.Bo French, a candidate for the Texas Railroad Commission, drew bipartisan criticism for his social media posts. Above, at a conservative conference in March.
Annie Dillard, Meditative Author of ‘Pilgrim at Tinker Creek,’ Dies at 81
Her Thoreau-like account of journeys in the woods, published when she was 28, was the first of many ruminations on life and nature, good and evil.
The G.O.P. Has Gone Off the Deep End
The Republican fringe is becoming the Republican mainstream.
What R.F.K. Jr. Gets Wrong — and Right — About Antidepressants
What’s missing in the national conversation on mental health medication.
House Holds Leon Black in Contempt Over Epstein Subpoenas
The billionaire investor had refused to appear for a deposition and turn over documents to a key panel investigating Jeffrey Epstein.The House Oversight Committee issued subpoenas to Leon Black in June, after he refused to answer questions about nondisclosure agreements that he had signed with women