President Trump’s nominee to become the next chair of the Federal Reserve wants to overhaul the central bank, including its more than $6 trillion balance sheet.
Plus, your Friday news quiz.
Controllers for shipping companies face a daunting decision as they try to free vessels trapped in the Persian Gulf: “Basically you’re sending someone unarmed into war.”
The move was intended to ensure the flow of fuel in the United States, but some economists say it might reduce gas prices for consumers only a small amount.
Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.
Following a Supreme Court ruling that struck down several Trump administration tariffs, importers have begun applying for their share of $166 billion in refunds. As our economic policy reporter Tony Romm explains, consumers are unlikely to see much of that money returned to their own pockets.
Mr. Blanche’s salvo of actions are meant to demonstrate progress on the president’s priorities, chief among them payback.
The Navy secretary, John Phelan, was supposed to deliver the first of the president’s ships by 2028. The timeline was nearly impossible.
The Cascio siblings are suing Mr. Jackson’s estate after standing by him for years as he faced accusations of child molestation.
A biographical film produced by the estate of Michael Jackson flattens its subject to scrub his reputation.
Ashley Padilla’s ability to extend a moment transforms what could be a routine joke into something stranger and more absurd.
The authorities said a Paris airport weather sensor may have been tampered with as large wagers were placed on the betting site.
Federal prosecutors say that Sgt. Gannon Ken Van Dyke, who was involved in the operation to oust Nicolás Maduro from power in Venezuela, used the information to place bets on a prediction market.
In 2024, the president made significant inroads with Hispanics. But in a competitive Arizona congressional district, voters now express dismay at his feud with the pope.
From the Kremlin to Silicon Valley, some of the most powerful people in the world now want something more: eternal life.
The rocket maker has been a useful financial tool for Mr. Musk, providing the billionaire with loans and aiding his struggling companies, a Times examination found.
Mr. Altman, who has faced criticism over OpenAI’s direction, has culled company projects and is trying to be more disciplined with strategy.
Chinese companies have embraced making their most advanced artificial intelligence models available to all.
Cohere is acquiring Aleph Alpha in a deal aimed at customers uneasy about the dominance of American companies in artificial intelligence.
A few carriers are making a lot of money while many are struggling. President Trump and industry executives seem to think mergers may be the answer.
In a special election on Manhattan’s West Side, home to major L.G.B.T.Q. sites and institutions and many gay residents, a straight person could win for the first time since 1991.
The veto, Zohran Mamdani’s first as mayor, scraps a bill that would have compelled the Police Department to release plans on how it intends to manage protesters near educational facilities.
The office will seek to crack down on the practice, in which people fraudulently take ownership of others’ homes.
Rather than honestly reckoning with their role in America’s derangement, MAGA apostates are creating a scapegoat to explain it away.
They championed diversity, equity and inclusion policies for years. Now they have complicated feelings about what they built.
We are covering a success story today.
The late night host took “a page from the Kid Rock alternative halftime show,” which aired during the Super Bowl, in offering his own “all-American” version of the Washington tradition.
Hamas said it was not participating in the municipal elections in Deir al-Balah, set for this weekend. Residents said it was a long-awaited opportunity to address the city’s problems
The arrangement would have brought up to $200 million to the Metropolitan Opera, which has suffered a series of financial setbacks.
Researchers identified a species that can survive radiation, extreme heat and simulated Martian soil, posing a new challenge for protocols intended to keep the red planet pristine.
A small group in the House of Lords has proposed hundreds of amendments that are helping stymie a bill that was meant to legalize medically assisted death for the terminally ill.