Trump Gets to Pick a New Fed Chair but a Divided Board Still Gets a Say

President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it.The Federal Reserve is facing a time of little consensus, with policymakers at odds over whether to continue cuttin

C Colby Smith

This Isn’t the First Time the Fed Has Struggled for Independence

The Trump administration is threatening the Fed’s autonomy, which the central bank regained with the Treasury-Fed accord in 1951.In the decades before 1951, the Federal Reserve functioned, to a large extent, as an adjunct of the Treasury and the White House.

J Jeff Sommer

Nobel Peace Prize Winner Machado Says U.S. Helped Her Leave Venezuela

María Corina Machado reappeared on the global stage as the Trump administration ramped up its pressure campaign against President Nicolás Maduro.María Corina Machado at a news conference in Oslo, Norway, on Thursday after spending more than a year in hiding.

A Anatoly Kurmanaev and Henrik Pryser Libell

Trump Says U.S. Seized Oil Tanker Off Venezuelan Coast

The seizure comes as the United States builds up its forces in the Caribbean as part of a campaign against President Nicolás Maduro of Venezuela.President Trump announced the seizure at the White House on Wednesday, without giving details on the operation.

T Tyler Pager, Eric Schmitt and Nicholas Nehamas

Always on My Mind: Trump’s Enduring Focus on Joe Biden

After nearly 11 months in office, the president’s tendency to talk about his predecessor is more pronounced than ever.President-elect Donald J. Trump and President Biden at Mr. Trump’s inauguration in January. Mr. Trump’s allies dispute the idea that he is obsessed with his predecessor.

S Shawn McCreesh

Senate Expected to Deadlock Over Obamacare Subsidies in Dueling Votes

Neither Democrats’ plan to extend expiring Affordable Care Act subsidies nor Republicans’ proposal to replace them with direct payments for those who buy basic insurance was expected to advance.Senator John Thune, Republican of South Dakota and the majority leader, at the Capitol this week.

C Carl Hulse

Bulgaria’s Prime Minister Resigns in the Face of Mass Protests

Prime Minister Rosen Zhelyazkov announced he was stepping down, becoming the latest leader to leave in the past four years, amid public anger over corruption and democratic dysfunction.Protesters filled the streets outside Parliament on Wednesday during an anti-government rally in Bulgaria’s capital

L Lara Jakes and Boryana Dzhambazova

Why Oracle Is Worrying Investors About the A.I. Boom

Shares in the technology company are down as investors grow anxious that its bet on artificial intelligence, and OpenAI in particular, may not pay off.Investors are increasingly linking the futures of Oracle, led by Larry Ellison, center, and SoftBank, helmed by Masa Son, left, with OpenAI, Sam Altm

A Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe and Ian Mount

One of the Last Times Square Dive Bars Faces Eviction

New York is a city of hustlers, of odds makers and shot takers. For 54 years, Jimmy’s Corner has been their bar.Memorabilia lines the walls of Jimmy’s Corner, a bar that’s been in Times Square for 54 years.

C Christopher Maag

Best Comedy of 2025

Late-night came roaring back to life, Roy Wood Jr. delivered a must-see special and Amy Poehler made a must-listen podcast.

J Jason Zinoman

The World of Andrew Tate

We look at the social media influencer accused of rape and human trafficking, who was freed from Romania after courting Trump’s allies and family members.

S Sam Sifton

What IndiGo Airline’s Meltdown Reveals About India’s Economy

A tangle of problems at IndiGo, the dominant carrier, resulted in gridlocked airports across the country. Worse, it was the symptom of an even bigger problem.An IndiGo flight prepares to land in Mumbai, India, earlier this month. Operation troubles at the airline led to snarled airports across the c

A Alex Travelli

Former King Juan Carlos I of Spain, Seeking Relevance, Publishes Book

King Juan Carlos I of Spain abdicated and left for exile years ago. Now, his attempted comeback is giving his family a royal headache.Juan Carlos I of Spain, in February. He has been mostly left out of recent celebrations of the 50th anniversary of Spain’s transition to democracy, in which he was in

J Jason Horowitz