After weeks of bluster and escalation, President Trump blinked. Then he blinked again. And again. He backed off his threat to fire the Federal Reserve chairman. His Treasury secretary, acutely aware that the S&P 500 was down 10 percent since Mr. Trump was inaugurated, signaled he was looking for an offramp to avoid an intensifying […]
Health Secretary Robert F. Kennedy Jr. escalated his war against the food industry on Tuesday, declaring that “sugar is poison.” Mr. Kennedy’s comment came during a highly publicized news conference where he also asserted that he has “an understanding” with major food manufacturers to remove petroleum-based food colorings from their products by 2026. No one […]
For a president who advertises himself as a paramount deal maker, the next 11 weeks will be a pivotal test, as his advisers race to accomplish what no other administration has done before and reach dozens of individual trade deals with other governments. President Trump has promised big gains for American trade, and officials from […]
Karen Durbin, a fierce feminist who championed sexual liberation and fulfillment as a journalist, served as the second female editor in chief of The Village Voice and then went on to become a virtuoso film critic for The New York Times and other publications, died on April 15 in Brooklyn. She was 80. Her death, […]
Treasury Secretary Scott Bessent on Wednesday called for major overhauls to the missions of the International Monetary Fund and the World Bank but said that the United States remained committed to maintaining its leadership role at the global economic institutions. The comments, made at a speech on the sidelines of the spring meetings of the […]
Alex Kirkland Rodrigo Faez Apr 23, 2025, 04:36 AM ET Real Madrid’s 2024-25 season: discuss. The team’s elimination in the Champions League quarterfinals to Arsenal, 5-1 on aggregate, has unleashed a predictable storm of recrimination, soul-searching and mud-slinging in the Spanish capital. “Humiliated” Marca’s frontpage said, the morning after Madrid’s comprehensive 3-0 defeat at the […]
Imran Rahman-Jones Technology reporter Getty Images The European Union has ordered Apple and Meta to pay a combined €700m (£599m), in the first fines it has issued under recent legislation intended to curb the power of big tech. It has issued a €500m (£428m) fine to Apple over its App Store, while Meta has been […]
The government borrowed more than expected in the year to March due to increased spending on pay and benefits, according to official figures. Borrowing, the difference between spending and income from taxes, was £151.9bn in the year to March, up £20.7bn from the year before. The amount borrowed was much higher than the £137.3bn predicted […]
“I ran away – I went to the bus to say goodbye, and I didn’t even shake one hand,” Mourinho says. “I wanted to escape. I think if I get on to the bus, if I go back with them to Milan, if I walk into a full San Siro, if I walk into the […]
Trump said he does not intend to fire Powell after he has attacked the Federal Reserve Chair for not lowering interest rates. Andrew Harnik/Getty Images North America hide caption toggle caption Andrew Harnik/Getty Images North America President Trump said Tuesday he had “no intention” of firing Federal Reserve Chair Jerome Powell, ending days of speculation […]