The Federal Reserve’s independence from the White House has long been enshrined in the law. But an executive order that President Trump signed this week seeking to extend his administration’s reach over independent agencies is prompting concerns about how much further he will go to challenge that separation. Mr. Trump’s directive took aim at regulatory […]
Kevin Durant, in a moment of tangible appreciation, allowed himself to ponder the grandeur of basketball and the communal elements inextricably linked to its essence. “I looked in the crowd,” Durant explained. “It’s 27,000 people from all walks of life. All different countries. Coming together for basketball, man. That’s just, like, it’s incredible to see […]
Inter Miami CF kicked off its 2025 campaign with a 1-0 victory over Sporting Kansas City in the first leg of the first round of the Concacaf Champions Cup at Children’s Mercy Park. Though Concacaf postponed the game by 24 hours to Wednesday night because of the winter storm that brought heavy snow to Kansas […]
DealBook’s Lauren Hirsch is in Miami Beach at the FII Priority conference, where President Trump floated the idea of sending Americans a dividend or refund check from money saved by DOGE rather than use all of it to pay down the debt. More below. Separately, since you may read about this elsewhere, I thought I’d […]
On February 10, Sudan’s largest antiwar coalition, Taqaddum, finally splintered. The disagreement was over whether to participate in a new parallel government being set up by the paramilitary Rapid Support Forces (RSF), one of the belligerent parties in Sudan’s nearly two-year war. Formed in October 2023, the Taqaddum coalition included armed movements, political parties and […]
There are a record number of patients in hospital with Norovirus in England. Data from NHS England showed 1,160 patients a day were in hospital with the vomiting bug on average last week – double the level at the same period last year. It comes after a 22% rise on the week before, pushing it […]
Donald Trump says he believes Russia has “the cards” in any peace talks to end the war in Ukraine because Russia has “taken a lot of territory”. The US president told the BBC he trusted that Moscow wants to see an end to the war, which Russia started when it waged a full-scale invasion almost […]
American manufacturing has been in the doldrums for years, battered by high borrowing costs and a strong dollar, which makes exports less competitive. But there has been a bright spot: billions of dollars flowing into factory construction, signifying that a potential rebound in production and employment is around the corner. The flood of investment has […]
Treasury Secretary Scott Bessent will skip a meeting of finance ministers and central bankers from the Group of 20 nations in Cape Town next week, according to people familiar with his plans, deepening the rift between the United States and South Africa over policies the Trump administration believes are anti-American. The decision to forgo such […]
United States Secretary of Defense Pete Hegseth speaks during a media conference after a meeting of NATO defense ministers at NATO headquarters in Brussels on Feb. 13. Virginia Mayo/AP hide caption toggle caption Virginia Mayo/AP WASHINGTON — Defense Secretary Pete Hegseth has directed the military services to identify $50 billion in programs that could be […]