Consumers Spent More in April Despite High Gas Prices
Retail sales rose 0.5 percent despite higher prices for gas, food and other goods. But there are signs consumers are under some strain.
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Retail sales rose 0.5 percent despite higher prices for gas, food and other goods. But there are signs consumers are under some strain.
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A pledge for more Chinese investment could face backlash given longstanding national security concerns in the United States.
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Beginning in 2028, the Metropolitan Museum of Art will own the Neue’s Fifth Avenue home and the prestige collection of 20th-century Austrian and German art built by Ronald S. Lauder.
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Iranian strikes and a blockade have paralyzed Qatar’s gas engine, creating a technical bottleneck likely to stall exports for years.
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The former reality-TV star has shaken up the Los Angeles mayoral race, gaining support from deep-pocketed donors like the financier Daniel S. Loeb.
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The president is expected to urge the Chinese leader to help ease tensions in the Middle East by helping to persuade Iran to end the war.
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Stardust Solutions says its tiny spheres can reflect the sun’s rays without harming people or the environment. Critics say private companies have no business altering Earth’s atmosphere.
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A charity is raising money to provide security, arguing that protecting some of right-wing media’s biggest stars is a public good.
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After a series of political victories under President Trump, firms are lobbying Congress for a sweeping framework they helped shape.
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The Japanese automaker posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans.
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New York City’s mayor said the company’s proposed acquisition of Intermex could make it costlier for immigrants to send money abroad.
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Vice President JD Vance said the state had not done enough to fight fraud in the public health insurance program.
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Here’s what to know about the biggest sources of tension in U.S.-China relations before the first summit in Beijing in nine years between the nations’ leaders.
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President Trump’s pick to replace Jerome H. Powell takes the helm at a highly uncertain moment for the economy and with heightened concern about the Federal Reserve’s ability to operate independently.
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The president’s middle son is said to be joining his father in a “personal capacity” rather than to make business deals.
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The deliberations are a sign that the Trump administration may once again try to harness the power of the I.R.S. to advance its immigration agenda.
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Fatih Birol of the International Energy Agency, who orchestrated a multinational release of oil reserves, detailed the risks facing the economy now and beyond.
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In a letter to President Trump, the spokesman, Rich Danker, said allowing the sale of flavored e-cigarettes would enhance their appeal to children.
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As the U.S. tries to rebuild its weapons stockpiles drained in the Iran war, it will need access to rare-earth minerals, an industry China dominates.
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Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.
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Dozens of long-shot bets on Polymarket, from the war with Iran to the cryptocurrency market, have defied the odds, according to a New York Times examination.
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Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.
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In a dispute over vapes, the president sided with tobacco companies that filled his groups’ coffers over his own F.D.A. commissioner, who resigned in protest.
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The Producer Price Index rose in April at its fastest pace in four years, government data showed, a day after consumer prices showed inflation was surging.
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The government must return about $160 billion, plus interest, collected from duties deemed illegal and potentially more if it loses a related tariff case.
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Kevin Warsh, President Trump’s pick to run the Federal Reserve, would face a growing inflation challenge if he’s confirmed.
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President Trump said he would like to suspend the 18.4-cent-a-gallon tax, but it’s a move that may save drivers only a few dollars a month.
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Five luxury artworks hold the key to the spring season, one of the most anticipated sales in years. Major buyers are looking past female and younger artists and toward tradition.
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Apps from Apple, Google and others can assist in making your online accounts more secure, even as new ways of logging in continue to take off.
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The president came into office planning harsher trade moves on China than on the rest of the world. Here’s why he’s had to scale them back.
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A central question hanging over the summit this week is whether China will agree to extend a temporary postponement of even tougher rare-earth export controls.
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As President Trump prepares to meet with Xi Jinping, a trade war that once threatened to freeze commerce between the two countries has given way to an uneasy truce.
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One of the settlement terms under review is for the I.R.S. to drop any audits of the president, his family members and businesses.
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It will be the first time anyone has done the job for three straight years since Billy Crystal in the early 1990s.
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The agency’s top food official will step in to the role after Dr. Makary privately said he opposed the administration decision to approve flavored vapes.
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The online marketplace has remade itself by focusing on collectibles and other high-end goods — and attracted an unwelcome takeover bid from GameStop.
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She and her husband, Marcus Lamb, founded Daystar Television Network, which reached more than 200 countries and made the couple into televangelism stars.
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The yields on British debt pushed higher as the country’s prime minister, Keir Starmer, confronted a rebellion from members of his party.
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Tomato prices surged nearly 40 percent in April, the Consumer Price Index showed.
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The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.
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The technology giant’s chief executive faced a grilling in court over whether it exerted too much control over what was meant to be an A.I. nonprofit.
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The food giant Calbee said shortages of naphtha, a crude-oil derivative used in inks, were forcing it to switch to black-and-white packaging for its salty products.
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The online marketplace called the cash-and-stock proposal “neither credible nor attractive.”
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The latest artificial intelligence models from Anthropic and OpenAI are extending the United States’ lead over China and intensifying the rivalry between the countries.
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The company is trying to help streaming influencers, who are increasingly being wooed by competitors like Netflix and TikTok.
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President Trump has declared the cease-fire on “life support,” and investors are taking a cautious approach as the economic effects of the war become more apparent.
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The new strategy also holds promise for lung and colon tumors. Here’s how scientists discovered it.
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