Trump Threatens to Fire Powell, Again
The new threat against the Fed chair comes ahead of a Senate confirmation hearing for Kevin Warsh, President Trump’s pick to lead the central bank.
Trump Threatens to Fire Powell if He Does Not Resign From Fed
Although Jerome H. Powell’s term as Fed chair officially ends on May 15, he can stay on as a governor until 2028 and said he would not leave until a criminal investigation was over.
Japan Pledges $10 Billion to Help Countries Cope With Oil Prices
With supply chains at risk, the aid to Southeast Asian nations is aimed at securing the availability of oil-based products, including medical equipment.
11 Electric Cars Worth a Look as Gas Prices Soar
The war in Iran has auto shoppers sizing up electrics. Many strong cars are on the market, and there are bargains to be had when buying used.
How Older Adults Are Using VR to Counter Social Isolation
New tools tailored for use in senior living communities allow for shared experiences and social bonding.
War Exposes Gaps in India’s Clean Energy Push
The country’s creaking electricity grid is lagging behind its push for renewable sources — just as its growing economy hungers for oil stranded by war.
Prosecutors Make Surprise Visit to Fed as Pirro Defends Investigation
The Justice Department’s criminal inquiry into the Federal Reserve threatens to delay the confirmation of the next chair.
US Blockade Stops Iran-Linked Ships From Crossing Strait of Hormuz
U.S. Central Command said that six vessels had complied with directions to turn around and re-enter an Iranian port.
N.F.L. Reporter Resigns From The Athletic Amid an Investigation
The publication, which is owned by The New York Times, was investigating the conduct of Dianna Russini after photographs showed her with the head coach of the New England Patriots.
Amazon Buys Globalstar for $10.8 Billion, Movingto Expand Its Satellite Internet Service
The e-commerce giant is buying Globalstar, a satellite communications company, as it aims to expand its own satellite internet service to compete with Elon Musk’s Starlink.
Bessent Questions the Cause of Climate Change and Its Economic Toll
The Treasury secretary said it is “difficult to deconstruct” the reasons for global warming, which he described as a belief of the “elite.”
Pittsburgh Post-Gazette Saved From Closure by Nonprofit
The Venetoulis Institute of Local Journalism, which operates The Baltimore Banner, has bought The Post-Gazette. The newspaper was set to shut down next month.
Ricky Cobb Has Built a Mini-Empire Through ’70s Nostalgia
Ricky Cobb has built a big online following with his irreverent postings about the absurdities of the 1970s.
J.P. Morgan Sees Resiliency in U.S. Economy Despite Iran War
The nation’s largest bank said it earned record trading profits in the first quarter but tempered expectations overall for its business.
Kevin Warsh, Trump’s Pick for Fed Chair, Discloses Vast Wealth Ahead of Confirmation Hearing
Kevin M. Warsh vowed to divest a substantial amount of his more than $100 million in assets as he faces a complicated path to becoming the next chair of the Federal Reserve.
Middle East War Will Slow Global Economic Growth, I.M.F. Warns
The conflict could also fuel another bout of inflation, according to the International Monetary Fund.
Oil Prices Slip and Stocks Gain as Investors Eye Possible Path to Peace
Investors saw a possible path to peace, with the United States and Iran trading proposals for Iran to suspend nuclear activity.
New Rules Hinder Foreign Firms From Moving Supply Chains From China
Multinationals in China are concerned that the regulations could allow authorities to penalize companies and executives for shifting supply chains away from the country.
What’s Driving the Wartime Stock Rebound
The S&P 500 has recouped all its losses since the Middle East war started on Feb. 28, as a bullish “vibe shift” takes hold among some investors.
Trump’s Latest Oil Blockade Brings Bigger Economic Risks
Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.