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Stock Market Chaos Over Tariffs Could Take Toll on Economy

This time, maybe the stock market is the economy. Financial markets around the world have plummeted in the days since President Trump announced sweeping tariffs, setting off a global trade war. The S&P 500 declined more than 10 percent in two days last week, and it swung wildly on Monday amid news of further tariffs […]

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Trump’s Trade War Raises Bar for Fed Rate Cuts

President Trump’s global trade war has significantly raised the bar for the Federal Reserve to lower interest rates, as tariffs risk worsening an already knotty inflation problem while also damaging growth. Jerome H. Powell, the Fed chair, drove home that message in a hotly anticipated speech at the end of a turbulent week as financial […]

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Who Will Care for Infants With H.I.V. Overseas?

The Trump administration has dismissed the few remaining health officials who oversaw care for some of the world’s most vulnerable people: more than 500,000 children and more than 600,000 pregnant women with H.I.V. in low-income countries. Expert teams that managed programs meant to prevent newborns from acquiring H.I.V. from their mothers and to provide treatment […]

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Art Sales Fell by 12% Last Year, Art Basel and UBS Report Says

Sales in the international art market declined 12 percent in 2024, according to the Art Basel and UBS Global Art Market Report published on Tuesday. The annual report, seen as the most reliable indicator of the art market’s size and health, said that sales had fallen for the second year in a row. “Decline in […]

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