President Trump’s promises to restore fiscal order and reduce the amount of America’s debt burden have been hampered by spending on the Iran war, tax cuts and tariff refunds.President Trump has promised to restore fiscal order, though his biggest initiatives to cut spending and increase revenue have
Government bond yields fell and stocks rose on a move by the Treasury Department to double the amount of debt that it can buy back from investors.The announcement by Treasury Department, led by Scott Bessent, raises demand in the bond market at a time when many investors have been selling.
After a deadline extension, the latest U.S. tariff threats seemed headed toward resolution on Wednesday, but questions lingered about what Canada would give up, and what it would get in exchange.Vehicles parked outside of a General Motors assembly plant on Wednesday in Oshawa, Ontario.
Minutes from the Federal Reserve’s July gathering showed broadening support for higher borrowing costs to stamp out lingering price pressures.Kevin M. Warsh, the Federal Reserve chairman, has made taming inflation his top priority.
With Iran making ship traffic perilous, a U.S. operation offers a way out for some energy exports, stealthily shepherding tankers on dangerous journeys.The U.S.S. Abraham Lincoln, in a handout photo, conducting operations related to the Strait of Hormuz in April. The Navy has said it has about 20 wa
The Emirates has long been a major trading hub for Iran, and analysts say it has been key to Iranian efforts to evade international sanctions, which Emirati officials deny.A vessel off the coast of the United Arab Emirates earlier this month.
Two high-profile cases that had spurred international condemnation of the country’s conduct in Gaza were transferred to the military police. Such investigations have rarely led to convictions.A car where the bodies of Hind Rajab, a Palestinian girl, and her family were found in Gaza City after an Is
A series of recent losses has eroded the president’s winning record, raising new questions about his hold over the party’s voters.On Tuesday night, several candidates President Trump had endorsed in Florida and Wyoming lost their Republican primary races.
Senator Darline Graham made the remark in a debate against Representative Ralph Norman, her opponent in the runoff election to succeed her brother, Lindsey Graham. Here are five takeaways from the debate.Representative Ralph Norman and Senator Darline Graham faced off for an hour on Tuesday night in
After an 18-year career at Fox News, she is now her husband’s most influential adviser and de facto producer, shaping the job like no Pentagon spouse has before.Jennifer Hegseth, wife of Defense Secretary Pete Hegseth, was appointed to lead the President’s Military Spouse Commission in an Oval Offic
Wispr Flow is supposed to make writing effortless and magical. So I “wrote” this column with it.
The phone’s artificial intelligence can order groceries, book tables and take photos on a user’s behalf. But is it something people really want?
Loudoun County, Va., hosts more than 250 data centers that bring in huge tax revenues. But some officials and residents worry the county has become too dependent on that cash.A data center in Ashburn, Va.
As a backlash grows over data centers, more local officials are facing recall elections for their support of the computing sites.Residents of Independence, Mo., at a City Council meeting in June.
Moderna and Merck say the experimental vaccine prevented the return and spread of the cancer in high-risk melanoma patients.Cancer vaccine research in the lab at the Moderna Inc. headquarters in Cambridge, Mass.
New therapies are transforming the treatment of the skin cancer, which can be deadly.
Kim Yo-jong, a powerful adviser and sister of Kim Jong-un, also said she was “unaware” of any communication with Washington, contradicting President Trump’s claim her brother had responded to his outreach.South Korean soldiers took part in a drill at a hotel in Seoul on Wednesday on the sidelines of
Dr. David Morens, a former N.I.H. official, admitted to attempts to conceal emails that discussed the origins of the pandemic.David Morens, a former National Institutes of Health official, after his arraignment in the U.S. District Court in Greenbelt, Md., in May.
The request from a Democratic lawmaker follows a decision by the Trump-allied board to add “Restored and Renovated by President Donald J. Trump” to the building.Lawyers for the Kennedy Center have said they would not make any changes before Sept. 8. Representative Joyce Beatty is asking the court to
New York City says the Council’s legislation violates collective bargaining law. The dispute could set up the first high-profile battle between the mayor and a public sector union.Mayor Zohran Mamdani is taking legal action against a bill championed by Michael Mulgrew, the president of the United Fe
A draft report from the city estimates that 700,000 new units would need to be built over the next decade to meet the need for homes.New York’s housing shortage will require the city to build hundreds of thousands of new units over the next decade, according to a new report.
Caitlin Simmers, a world champion surfer, sees her sport as dance. How does this translate? She’s as seamless as a ribbon.
The four-year degree isn’t just an economic signal; it’s become a lifestyle determinant.
Gas prices are going to remain high. Don’t blame the price of crude oil.
