Shahzaib Ali (Page 38)

U.S. deported hundreds in the face of a judge’s order The Trump administration denied that it had violated a court order by deporting hundreds of Venezuelan immigrants accused of being gang members to a prison in El Salvador over the weekend, saying that the president had broad powers to quicklyContinue Reading

Forever 21’s operator in the United States filed for bankruptcy on Sunday, as the apparel company, which helped popularize fast fashion in the United States, struggles to compete with online retailers. F21 OpCo, the operator, as well as some U.S. subsidiaries, filed for Chapter 11 bankruptcy in the Bankruptcy CourtContinue Reading

In September 2019, Bill Gates presented Prime Minister Narendra Modi of India with an award on behalf of his philanthropic organization, the Gates Foundation, for the Indian leader’s work on improving sanitation. An uproar followed. Three Nobel Peace Prize laureates wrote to Mr. Gates, arguing that Mr. Modi, who wasContinue Reading

Trade war A new round of tariffs on aluminum and steel went into effect overnight. This time, no U.S. trading partner was spared. The new tariffs amped up the risk of a global trade war. The European Union on Wednesday vowed to roll out $28 billion in retaliatory levies nextContinue Reading

The German defense contractor Rheinmetall, Europe’s largest producer of munitions, said on Wednesday that it was positioned to profit from the region’s willingness to increase military spending as President Trump shifts the United States away from its support of Europe. Defying the malaise that has plagued the German economy forContinue Reading

Policymakers are grappling with “exceptionally high” uncertainty, Christine Lagarde, the president of the European Central Bank, said on Wednesday, just hours after the European Commission announced tariffs on U.S. imports in response to levies imposed by the Trump administration. Later, Canada announced a new round of retaliatory tariffs on U.S.Continue Reading

Investors are adept at finding ways to navigate just about any government policy, good or bad. Tariffs, once set, can be modeled for how they will affect corporate profits, prices and, in turn, the broader economy. The mass firings of federal workers can be analyzed for how they might increaseContinue Reading

At Happy Hollow Farm, a small, 16-acre operation in central Missouri, Liz Graznak grows a variety of vegetables, including organic carrots, Swiss chard, radishes and beets. Some of those vegetables go to local distributors where they are placed in boxes, alongside meat and dairy items also produced in the state,Continue Reading

For more than 80 years, Voice of America transmitted the news into countries, many of them authoritarian, where reliable sources of information about the outside world were often hard to come by. Now those broadcasts — long viewed as an important part of U.S. efforts to promote democracy and transparencyContinue Reading

In the 19th and 20th centuries, railroads revolutionized transportation in North America, permanently accelerating the pace of travel across the continent. Today, many of those railroad tracks host an assortment of historic excursion trains, inviting riders to slow down and enjoy a grand day out. The trains below are destinationsContinue Reading

French wine producers have typically had a love-love relationship with the United States, their biggest export market. But President Trump’s threat to impose 200 percent tariffs on European wine, Champagne and spirits sent shudders through grand châteaus and small vineyards across the country. “A 200 percent tax on European winesContinue Reading

After the dot-com bubble burst in the early 2000s, Lars Staack decided to play it safe and invest his retirement savings in S&P 500 index funds, which are diversified and carry lower risk than owning individual stocks. It was a strategy that brought him peace of mind for more thanContinue Reading

The Chinese government and the Communist Party jointly issued a lengthy list of planned initiatives on Sunday to get people to spend more, in yet another move by Beijing to offset potential harm from its escalating economic warfare with Washington. The road map for economic stimulus included larger pensions, betterContinue Reading

President Trump has promised to create an age of American exceptionalism with policies that put the United States first, and ahead of other nations. But Mr. Trump’s moves in the early days of his administration have had the opposite outcome for the American stock market. The S&P 500, which forContinue Reading

After climbing into a Tesla Model S last week, President Trump pledged to buy one. The next day, the Fox News host Sean Hannity said he had bought a Model S Plaid to support the embattled company, saying a Tesla “has more American parts in it than any other carContinue Reading

President Trump has called the word tariff “the most beautiful word in the dictionary.” He imposed hefty tariffs during his first term and promised expansive new ones as he pursued his second. On his first day back in the White House in January, he issued an executive order directing hisContinue Reading

It costs about 14 euros, or about $15, per minute to drive a rented Lamborghini on the public roads of northern Italy’s Emilia-Romagna region. This feels especially exorbitant in a place where a couple of coins buys a glass of world-class wine. Even more grating, however, is that the experienceContinue Reading

As a young pastry cook at Eleven Madison Park, Genie Kwon grew accustomed to a kitchen tradition: Every time the chef shouted out an order, the other cooks responded in unison, “Oui, chef!” Or as you may have heard it on the FX show “The Bear”: “Yes, chef!” For aContinue Reading

The stock market has plunged since President Trump took office for a second time, a stark contrast to the early days of his first presidency. The S&P 500 index has fallen sharply since hitting a record high on Feb. 19. The index fell into a so-called correction on Thursday. Corrections,Continue Reading

Dr. Mehmet Oz, the TV celebrity doctor, is expected to face a tense confirmation hearing on Friday, with Democratic senators planning to question how he would oversee Medicare and Medicaid now that Republicans and the Trump administration are weighing significant changes affecting millions of Americans. Among the possible plans beingContinue Reading

China and Russia joined Iran on Friday in urging an end to Western sanctions after President Trump called this week for nuclear talks with Tehran, with both countries denouncing the “threat of force.” After talks in Beijing with the deputy foreign ministers of Russia and Iran to discuss Iran’s nuclearContinue Reading

The Trump family is said to be in talks to invest in Binance. The discussions revolve around the family taking a stake in the U.S. arm of the crypto exchange, which had pleaded guilty to violating anti-money-laundering laws and whose founder, Changpeng Zhao, served time in prison, according to TheContinue Reading

It’s easy to make a medical case for blockbuster weight loss drugs like Wegovy and Zepbound, which have been shown to prevent heart attacks and strokes and save lives. But for the employers and government programs being asked to pay for the medications, the financial case for them is lessContinue Reading

Junior Bridgeman, who followed a strong N.B.A. career with a remarkable run as an entrepreneur, acquiring hundreds of fast-food restaurants, a Coca-Cola bottling business and a minority stake in the Milwaukee Bucks, his team for a decade, died on Tuesday in Louisville, Ky. He was 71. The cause was aContinue Reading

French Champagne producers do nearly a billion dollars’ worth of business with the United States every year. But on Friday in Épernay, the world capital of sparkling wine, the only number on anybody’s lips was 200. That was the percent tariff that President Trump has threatened to impose on ChampagneContinue Reading

Policy uncertainty and tariff whiplash are making consumers less confident about the economic outlook and more worried about inflation, new data from the University of Michigan showed on Friday, the latest evidence that Americans are bracing for pain in President Trump’s second term. A new survey released on Friday showedContinue Reading

Herman Graf, a major and intrepid figure in independent publishing who sold copies of Henry Miller’s novel “Tropic of Cancer” to bookstores after it was embroiled in a legal fight over whether it was obscene, died on Feb. 27 at his home in Flushing, Queens. He was 91. His nephewContinue Reading

The hottest play on Broadway was written more than 400 years ago. Demand to see Denzel Washington and Jake Gyllenhaal face off in Shakespeare’s “Othello” is so strong that many center orchestra seats are selling for $921, helping the show break box office records. During its first week of previews,Continue Reading

Centerview Partners, one of the financial world’s top independent investment banks, has long been known as a largely Democratic outpost. One of its leaders, Blair Effron, is among the most influential fund-raisers in Democratic politics, while a longtime counselor is Bob Rubin, the former Treasury secretary. Rahm Emanuel, the erstwhileContinue Reading

At his job at an apparel store in SoHo, Thomas Lanese uses phrases that he would never utter outside of a work setting, like, “I’ll shoot this email to you by end of day.” Sometimes, he said, it feels like he is living two separate lives. It is something fansContinue Reading

At the headquarters of the Consumer Financial Protection Bureau, faint shadows above the entrance are all that remain of the letters that once spelled the agency’s name. In the Trump administration’s broad dismantling of the federal government, the consumer bureau was one of the first agencies to fall, its officesContinue Reading

Stocks on Wall Street rallied on Friday to their biggest daily jump since President Trump’s election, bouncing off a drop that had left the market in a correction after weeks of selling. But the gains weren’t enough to overcome the steep losses from earlier in the week, and the S&PContinue Reading

A contracting firm called Leidos took in more than $16 billion in revenue last year, most of it through contracts with federal agencies like the Department of Veterans Affairs. So when the Trump administration’s budget cutters took aim at the V.A. last month, it seemed like bad news not justContinue Reading

The price of gold set a record high on Friday, breaking above $3,000 per troy ounce for the first time as investors reckon with President Trump’s seesawing tariff policy, fears of an economic slowdown and a sinking stock market. Gold is often sought out by investors as a safe havenContinue Reading

In a hearing on Friday, senators pressed Dr. Mehmet Oz, the TV celebrity nominated to head Medicare and Medicaid, on Republican-led proposals that would significantly affect the health care coverage for nearly half of all Americans. At his confirmation hearing before the Senate Finance Committee, Dr. Oz bantered with senatorsContinue Reading

The Food and Drug Administration issued a warning on Friday that advised consumers against inhaling nitrous oxide products such as Galaxy Gas, Baking Bad, Whip-it! and Miami Magic. Recreational use of nitrous oxide as a party drug has long been prevalent, but whipped cream charger products such as Galaxy GasContinue Reading

Early on Friday, Elon Musk shared a post written by an X user about the actions of three 20th century dictators — then quickly deleted it after it sparked a backlash. The post falsely claimed that Joseph Stalin, the communist leader of the Soviet Union until 1953; Adolf Hitler, theContinue Reading

Carl Lundstrom, the heir to a Swedish crisp bread fortune who financed the Pirate Bay, a notorious file-sharing service that was popular in the mid-2000s, was killed on Monday in a small plane crash in Slovenia, according to Alternative for Sweden, the far-right party that he supported. Mr. Lundstrom, 64,Continue Reading

Investors watching the S&P 500’s plunge this week are processing a mix of signals. Will the threat of tariffs push the economy into a recession or is this simply a retrenchment from the highly valued technology companies that some analysts and investors argued were due for a pullback? There isContinue Reading

This article is part of Overlooked, a series of obituaries about remarkable people whose deaths, beginning in 1851, went unreported in The Times. From the time Beulah Henry was a child in the late 19th century, she dreamed of ways to make life easier. That impulse would eventually drive herContinue Reading

A private equity investor who is one of Elon Musk’s closest confidants has taken a new role in the Social Security Administration, a development that could be politically combustible given the program’s popularity with voters and Mr. Musk’s apparent intent to make major changes at the agency. The investor, AntonioContinue Reading

Tariff threats. Growing uncertainty about the economy. And a push for much lower oil prices. For all of their bravado about U.S. energy dominance and enthusiasm for deregulation, American energy executives are beginning to worry about President Trump’s agenda. Their concerns crept into conversations in hotel meeting rooms and overContinue Reading

The impact of the tariffs would vary by car model, since some rely more on imported parts than others. But rather than vastly increasing the price of specific vehicles, the industry is likely to spread increases across all types — “like peanut butter” — to smooth out the price increases,Continue Reading

Listen to and follow ‘Hard Fork’Apple | Spotify | Amazon | YouTube | iHeartRadio This week, as the long-promised new Siri faces increasing delays, we explore why Apple seems to be falling even further behind in artificial intelligence. Then, the New York Times reporter Adam Satariano joins us to explainContinue Reading

The Chinese government has strongly criticized a planned deal by a Hong Kong conglomerate to sell ports in Panama and elsewhere to an investment group led by an American asset manager, warning that the deal would deprive China of needed influence over key shipping routes. The criticism marks an abruptContinue Reading

Here are some things I believe about artificial intelligence: I believe that over the past several years, A.I. systems have started surpassing humans in a number of domains — math, coding and medical diagnosis, just to name a few — and that they’re getting better every day. I believe thatContinue Reading

CrossFit, the crisis-riddled fitness company, is for sale once again. The sale comes against the backdrop of several tumultuous years for the fitness brand, after a drowning at last year’s CrossFit Games, a significant drop in registrations for its annual membership-wide competition and deepening financial concerns. The company, which hasContinue Reading

The results of a rare, closely watched auction in Japan that ended this week are about to be released. But there were no paintings or antique cars on the auction block. The government is selling 165,000 tons of rice — equivalent to roughly two billion bowls — from its emergencyContinue Reading

Officials in Beijing are increasingly worried that President Trump’s tariffs on Mexico may be the start of a broad campaign to force developing countries around the world to choose between trade with the United States or with China. Ever since Mr. Trump imposed extensive tariffs on goods from China duringContinue Reading