Rising Fuel Prices Could Force Excruciating Choices on Economic Policies
The European Central Bank and Bank of England were expected to hold interest rates steady on Thursday while searching for signs of possible longer-term damage.
Roger Sweet, Creator of the He-Man Action Figure, Dies at 91
The musclebound character he developed as a toy designer for Mattel gave rise to the Masters of the Universe franchise and helped define the machismo of the 1980s.
Powell Says He Will Stay On as Fed Governor After Term as Chair Ends
Jerome H. Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain at the central bank.
Why the U.A.E. is Quitting OPEC
The United Arab Emirates is walking away from OPEC this May. The New York Times’ energy reporter, Rebecca Elliott, breaks down how the war with Iran provided the perfect opening for the U.A.E. to go solo.
Fed Meeting Underscores Tough Task Ahead for Warsh
Jerome H. Powell on Wednesday announced he would stay on as a governor at the central bank as internal divisions sharpen about the policy path forward.
Meta Deal Reversal Deepens Split Between China and Silicon Valley
Beijing’s insistence that Meta unwind its deal with a Chinese A.I. start-up escalates the geopolitical fight over advanced tech.
Ford Reports Higher Profit Thanks Partly to Tariff Refund
Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that the Supreme Court later struck down.
Bill Ackman’s I.P.O., Pershing Square USA, Raises $5 Billion
The initial public offering of Mr. Ackman’s new fund, Pershing Square USA, raised $5 billion.
World Bank estimates energy prices will surge 24 percent in 2026.
Iran war is fueling inflation and slowing growth around the world, according to a new report.
Fidelity, Vanguard Won’t Let Donor-Advised Fund Holders Donate to Southern Poverty Law Center
Both entities cited the Justice Department investigation into the civil rights organization in messages to its account holders.
How the Fed’s rate decision affects your finances.
The central bank’s interest rate policy influences car and home loans, credit cards, savings accounts and more.
In Backlash Against Tech in Schools, Parents Are Winning Rollbacks
From Salt Lake City to New York City, parents are demanding more sway over the digital tools that schools give children.
U.S. Gas Prices Climb Further as Effects of Iran War Reverberate
The national average price of a gallon of gasoline hit $4.23, following oil prices upward as supplies from the Middle East remain disrupted.
Warsh Clears an Early Hurdle on Path to Fed Chair
The Senate Banking Committee advanced Kevin Warsh’s nomination as Fed chair on Wednesday, teeing up the full chamber to hold a vote soon.
United Airlines CEO, Rebuffed by American, Says He’s Skeptical of Other Deals
The chief executive, Scott Kirby, said that buying a smaller airline might not be worth the effort.
Uber Expands to Hotel Bookings With Expedia Partnership
In partnership with Expedia, the ride-booking, food-delivering, package-transporting service takes another step toward becoming a super app.
Meta Charged With Failing to Keep Children Off Instagram and Facebook in Europe
European Union regulators said the company did not have effective controls to check a user’s self-declared date of birth, in violation of an online safety law.

