Inside the War on Hezbollah’s Finances

Israel and the United States aren’t just targeting the Lebanese militant group’s weapons. They’re going after its money.The aftermath of a strike in March on a building in Beirut that Israel asserted was linked to Hezbollah’s financial arm.

E Euan Ward, Eric Schmitt, Ronen Bergman and Hwaida Saad

Iran Taps Longtime I.R.G.C. Commander Mohsen Rezaei to Top Security Post

The appointment of Mohsen Rezaei as secretary of the Supreme National Security Council suggests that Iran’s old guard is consolidating power.Mohsen Rezaei, an adviser to Iran’s supreme leader, Ayatollah Mojtaba Khamenei, attending a funeral ceremony for Mr. Khamenei’s father and predecessor, in Tehr

Y Yeganeh Torbati

Trump Crypto Took $100 Million From a Businessman With Red Flags

The curious case of Guren “Bobby” Zhou shows the ease with which investors with shady backgrounds and unknown motivations can funnel money to the president.Guren “Bobby” Zhou, top left, with Zach Witkoff, right, in a private suite at the World Cup final match on July 19 in East Rutherford, N.J.

R Russ Buettner

Trump Names Will Scharf as White House Counsel

The president said Mr. Scharf, a deeply conservative lawyer and the current staff secretary, would replace David Warrington in early September.As White House staff secretary, Will Scharf has embraced some of the most extreme elements of President Trump’s agenda, but also pushed back against suspendi

M Maggie Haberman

Anthony Scaramucci, Podcast Star, Explains U.S. Politics to the World

He spent 11 days in the Trump White House nine years ago. Now he has a hit podcast, helping the British public, among others, understand what’s going on.Scaramucci’s hedge fund office is decorated with photos with family, celebrities and Winston Churchill-related memorabilia. “When I have a rough mo

M Matt Flegenheimer

How a Drone ‘Hellscape’ Might Stop a Chinese Invasion of Taiwan

Inspired by Ukraine’s battlefield gains, Taiwan is betting on drones to deter a potential Chinese invasion.Members of Taiwan’s military operating a drone during the annual Han Kuang military exercises in Changhua, Taiwan, on Thursday.

C Chris Buckley and Amy Chang Chien

She Makes the Impossible Happen for Her Ultrarich Clients

Olivia Ferney grew up a child of schoolteachers in Ontario. Now she’s an expert in private jets, luxury cabanas and champagne-soaked revels.Since becoming a high-end travel concierge a few years ago, Olivia Ferney has found that she has a talent for fulfilling the requests of her highly demanding cl

G Guy Trebay

A Maine Town, Once Dependent on a Paper Mill, Tries to Move On

For over a century, Madison Paper Industries was a small Maine town’s economic engine. A new owner moved in, but uncertainty persists.When the Madison Paper Industries plant closed in 2016, no one was surprised. Paper sales had been declining.

S Stacey Freed and Ryan David Brown

Don Nelson, Hall of Fame N.B.A. Coach and Celtics Star, Dies at 86

One of the winningest coaches in league history, he led the Bucks, the Warriors and the Mavericks. He also had a brief stint with the Knicks.Don Nelson in 2000 coaching the Dallas Mavericks. He spent 31 years as a head coach, leading the Bucks, the Golden State Warriors and the Mavericks to the uppe

G Glenn Rifkin

Lake Mead, the Nation’s Largest Reservoir, Is Smaller Than Ever

Water levels in the reservoir, which sits behind the Hoover Dam, are at record lows. A continued drop would imperil water supplies for millions of people and cut electricity from the dam.A boat in Lake Mead near the Hoover Dam on Friday. The bathtub ring of light minerals marks the water level at it

R Reis Thebault

Kalshi’s Tarek Mansour Isn’t Interested in Management Advice

Tarek Mansour co-founded the fast-growing prediction market company shortly after graduating from M.I.T., aiming to provide a “mathematical, objective” view of the world.Tarek Mansour said that Kalshi has a flat hierarchy, with “not a lot of layers where managers are getting the credit for work.”

J Jordyn Holman

Mother and Daughter Die After Boat Overturns in New York Harbor

Police divers found a 27-year-old woman and her 5-month-old baby in the water near Liberty Island. A man was arrested and charged with reckless endangerment.Emergency officials found a mother and daughter in the water near Liberty Island on Saturday night and rescued 12 others after a boat overturne

L Leo Sands, Davaughnia Wilson and Miles G. Cohen