Debt Alarms Ring as Countries Rack Up More Emergency Spending

Amid signs of a prolonged period of high energy costs, policymakers are urging restraint as governments open up the public till to protect households and businesses.Chancellor Friedrich Merz of Germany, second from left, with other officials at a news briefing in Berlin this week.

E Eshe Nelson

Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles

Jerome H. Powell’s term as chair of the Federal Reserve ends on May 15, but it appears increasingly likely that he will stay on in some capacity at the central bank after that.Jerome Powell, chair of the Federal Reserve, said that if the Senate did not confirm a successor by May 15, he would stay on

C Colby Smith

Trump’s Go-To Justification for Contentious Decisions: National Security

The administration has invoked national security in a variety of matters, including the White House ballroom and offshore wind farms, drawing rebukes from some judges.Construction of the White House ballroom project last month. An appeals court signaled that the Trump administration’s assertions abo

M Maxine Joselow and Devlin Barrett

Sister Mary Kay and the Waning Days of the Sisters of Charity

An influential order of nuns decided to complete its mission when the last sister dies. The only question left is how to finish well.Water is poured over the hands of Sister Mary Kay Finneran during Maundy Thursday Mass at Kittay Senior Apartments in the Bronx.

K Kurt Streeter and Michelle V. Agins

Yale Report Finds Colleges Deserve Blame for Higher Education’s Problems

A 10-member committee offered a brutal assessment of academia’s role in creating the forces challenging American colleges and universities.Yale has not been directly targeted in the Trump administration’s attacks on higher education, but its president commissioned a report to understand public mistr

A Alan Blinder

Vivek Ramaswamy’s Ohio Governor Bid: Can He Win Over Voters?

Vivek Ramaswamy has all but cleared the field ahead of the May primary for Ohio governor, but whether a finance and pharma billionaire is the man for the moment is another question.“This idea of doing economic abundance is something that really animates me,” said Vivek Ramaswamy, the Republican cand

C Campbell Robertson

As Los Angeles Rebuilds, a Surge of Experimentation

Across the city’s fire zones, there’s a surge of experimentation — collective rebuilding, catalog homes and new technologies that are safe and reduce costs.An empty home lot overlooking the Pacific after the fires, one of 16,000 homes destroyed. Challenges to rebuilding are stiff: labor shortages, t

S Sam Lubell and Carlos Jaramillo

SantaCon Leader Ran His Own $1 Million Con Game, U.S. Says

Stefan Pildes “siphoned” more than half of the money donated over five years for the outing, a raucous New York City bar crawl promoted as a charitable event, prosecutors said.SantaCon NYC draws tens of thousands of attendees each year.

E Ed Shanahan

Omaha Police Fatally Shoot Woman Who Cut 3-Year-Old Boy With Knife at Walmart

The woman forced the child, who was sitting in a cart, and his babysitter out of the store at knife point. She had the boy when police arrived, the department said. The shooting is under investigation.Two officers from the Omaha Police Department who were involved in the shooting went to the Walmart

C Christine Hauser

Cheboygan Dam Failure Could Imperil Thousands in Northern Michigan

A levee breach near Cheboygan had forced evacuations and officials continue to monitor a nearby dam. Rain and snowmelt have affected the area.Emerick Passeno and his sister watched the Cheboygan River rush through a dam in Michigan on Tuesday.

M Mitch Smith, Sam Easter and Nazaneen Ghaffar