How Trump Is Trying to Crush California’s Climate Policies

At least a half-dozen federal agencies have taken action against the state that has led the nation in environmental protections.An oil platform seen from Sands Beach next to Coal Oil Point Natural Reserve in Santa Barbara, Calif.

M Maxine Joselow

As Iran and U.S. Settle Into an Uneasy Standoff, Who Will Blink First?

For weeks, there has been no diplomatic progress, but also no full-scale fighting, as both sides seem to believe they can hold out longer than the other.A butcher in Tehran in July. The United States appears to be betting that putting Iran in a tighter economic stranglehold will succeed where milita

Y Yeganeh Torbati

What to Know About Iran’s Economic Ties With Gulf Countries

The United Arab Emirates, Iran’s most important regional trading partner, announced a total embargo on transactions with Tehran on Tuesday.Smoke billowing from Jebel Ali port after an Iranian attack, in Dubai, United Arab Emirates, in March.

P Pranav Baskar

China Sentences Evergrande Founder to Life in Prison

Hui Ka Yan’s punishment caps the downfall of a property empire whose collapse set off a prolonged crisis in the Chinese economy.Hui Ka Yan, the founder and former chairman of Evergrande, at a news conference in Hong Kong in 2017.

Y Yan Zhuang and Alexandra Stevenson

U.S. Debt Hits $40 Trillion as America’s Borrowing Binge Continues

President Trump’s promises to restore fiscal order and reduce the amount of America’s debt burden have been undercut 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

A Alan Rappeport

Walmart Posts Slowest Sales Growth in Years as Americans Tighten Wallets

Walmart and other big U.S. retailers have warned that consumers were being cautious, even if personal balance sheets seemed healthy.Comparable U.S. sales at Walmart, the nation’s largest retailer, rose 2.6 percent in its most recent quarter, the weakest growth in more than six years.

K Kim Bhasin

Did Bessent Put the Fed in a Bind?

The Treasury Department’s plan for bond interventions has calmed markets. But Wall Street is worried about the fallout for inflation and more.Treasury Secretary Scott Bessent surprised Wall Street in announcing a new intervention in the bond market. Did he take the Fed by surprise, too?

A Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe, Sri Muppidi and Anita Raghavan

More of Trump’s Chosen Candidates Lose Republican Primaries

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.

J Jess Bidgood

Missouri Judge Says Redrawn Congressional Map May Be Used in Midterms

The decision was a win for Republicans, who have been pushing for the new map in an effort to help maintain the party’s narrow control in the U.S. House in November.Missouri was one of the first states to try to redraw its maps as part of President Trump’s national push to increase Republicans’ chan

M Madaleine Rubin

Bare Grocery Shelves Are a New Wartime Hardship for Ukrainians

After years of pounding power plants and cities, Russia’s air war has taken aim at Ukraine’s supermarket warehouses.Firefighters at the site of a food warehouse hit by a Russian missile strike in the Kyiv region of Ukraine on Thursday.

K Kim Barker and Oleksandra Mykolyshyn

The Indian City Where AI Is Creating Jobs for Humans

In the fast-growing field of data annotation, workers in a small city in south India train A.I. to improve how it performs tasks traditionally done by people.

J Jeremy W. Peters, Hari Kumar and Anindito Mukherjee

The Teens Taking On A.I. Data Centers

Gen Z-ers are forming after-school clubs, speaking at community meetings — and sometimes wrestling with their own dependence on the technology.A demonstration this month against a planned data center in Pittsburg, Calif.

C Callie Holtermann