Iran Gets Major Economic Lifeline for Minimal Concessions in Initial Deal

The agreement delays the most difficult steps for Iran for later talks, while granting it crucial benefits.A satellite image of Kharg Island, a crucial Iranian oil hub. The deal grants Iran waivers to begin exporting its oil even before the negotiation of a final agreement on its nuclear program.

Y Yeganeh Torbati

Trump’s Deal With Iran Opens New Rifts in G.O.P.

Some in the president’s party were skeptical about whether the agreement he reached included adequate concessions from Iranian officials.President Trump on Wednesday at the Group of 7 summit in Évian-les-Bains, France. Some Republican leaders have balked at the terms of Mr. Trump’s preliminary arran

B Bayliss Wagner, Robert Jimison and Tim Balk

Before Making a Deal, Trump Demanded Iran’s Surrender. He Got a Surprise.

While the Iranians suffered substantial losses in the war, they emerged from a confrontation with the world’s most powerful military having proved they can use economic chaos as a weapon.President Trump at a Group of 7 summit in France on Wednesday. The president has argued he has the upper hand wit

D David E. Sanger

Ukraine Strikes Moscow Refinery in Large-Scale Drone Attack

The attack, which shut down the capital’s airports for several hours, appeared to be the biggest wave of strikes on the city since the start of the war.The scene over the area of an oil refinery on the outskirts of Moscow on Thursday.

P Paul Sonne and Nataliya Vasilyeva

Critics of Russia Say This Critic Isn’t Critical Enough

Alexander Sokurov has questioned the Russian president about government repression, but he is still controversial among his country’s exiles.Alexander Sokurov during the screening of his latest film, “Director’s Diary,” in Paris, in March.

M Milana Mazaeva and Neil MacFarquhar

Bill Pulte, a Bulldog for Trump, Prepares to Take Reins at Spy Agency

Democrats and some Republicans excoriated President Trump’s pick for a top national security job. The president pushed ahead anyway.Bill Pulte has used his current post as a top federal housing official to help with President Trump’s campaign of retribution against his perceived enemies.

J Julian E. Barnes and Dustin Volz

Trump Feuds With Thune and G.O.P., Stoking Election-Year Rift

The president upended the majority leader’s plans by yanking his intelligence nominee from a confirmation hearing and insisting on an end to the filibuster.Senator John Thune, Republican of South Dakota and the majority leader, has shown more willingness in recent days to push back against President

C Carl Hulse

Knicks Accept a White House Invitation to Celebrate Title, Owner Says

James Dolan said he was “very proud” to bring his championship team to Washington. It would be the first N.B.A. team to visit the White House with Trump as president.James Dolan, the owner of the Knicks, center, celebrated the team’s championship win on Saturday.

S Santul Nerkar and Tyler Pager

What to Know if You’re Going to the Knicks Parade

New Yorkers are descending on Lower Manhattan on Thursday morning to celebrate the Knicks.The parade starts at 10 a.m., but you’ll want to get there at least two hours earlier.

E Ed Shanahan and Sarah Maslin Nir

Barack Obama Presidential Center Opens in Chicago

Today’s opening is expected to draw four former presidents, as well as Bruce Springsteen, Bono and Jennifer Hudson. Chicago has seen years of planning and legal fights.The Obama Presidential Center on Chicago’s South Side.

J Julie Bosman

Warsh Wants the Fed to Send Fewer Signals. That Comes With Risks.

Investors piled on bets for higher borrowing costs after Kevin Warsh opted against providing policy guidance at his first meeting as Federal Reserve chairman.Kevin Warsh, the Federal Reserve chair, believes central bank officials should be more guarded in what they share.

C Colby Smith

Warsh Makes His Case With Jargon, and a Penchant for Detail

The Federal Reserve’s new chairman held a press conference where he bantered with reporters and laid out a vision for change at the central bank.Kevin M. Warsh, the Federal Reserve chairman, after the central bank’s meeting in Washington on Wednesday.

S Sydney Ember

Inflation Will Linger Despite U.S.-Iran Deal, British Officials Warn

Bank of England policymakers kept interest rates on hold, saying the impact of the war in Iran was still a major source of uncertainty for the economy.Policymakers at the Bank of England have held rates steady since late last year, as the war in the Middle East pushed up energy prices.

E Eshe Nelson

Retail Investors Help Send SpaceX Shares Soaring

The company’s blockbuster trading debut is the latest example of how individual investors have become a force in financial markets.Since its stock market debut last Friday, SpaceX has been the most bought stock by retail investors each day.

A Aruni Soni and Joe Rennison