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Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth

Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase in the price level does not become an ongoing inflation problem.”

© Haiyun Jiang for The New York Times

Federal Reserve officials, led by Jerome H. Powell, are confronting a thorny set of issues that have upended expectations about when they may be able to lower interest rates again.
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The Strange Allure of Watching Other People Tear Up Their Homes

D.I.Y. influencers indulge our most ambitious housing fantasies — and cash in on them.

© Maggie Shannon for The New York Times

Lisa Chun, a 42-year-old mother of three, is one of the most popular self-taught home-improvement and décor influencers in the world.
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The Rise and Fall of Elon Musk

His belief that liberal democracy has failed and that technologists should lead can be traced to the unusual life of his grandfather.

© Photo illustration by Shannon Lin; photographs by Brendan Smialowski/Agence France-Presse — Getty Images and Haldeman Papers

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Trump Weighs In on Marine Le Pen Conviction

The American president cast the French politician’s conviction as an example of far-right persecution, ignoring ample evidence against her.

© Dmitry Kostyukov for The New York Times

Marine Le Pen, a far-right French politician, was a leading candidate to become the country’s next president, but has now been barred from running for public office for five years.
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Review: Clooney, Fair and Balanced, in ‘Good Night, and Good Luck’

George Clooney makes Edward R. Murrow a saint of sane journalism for a world that still needs one in a stage adaptation of the 2005 movie.

© Sara Krulwich/The New York Times

George Clooney as the journalist Edward R. Murrow in “Good Night, and Good Luck” at the Winter Garden in Manhattan.
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The Stars Come Out for George Clooney’s ‘Good Night, and Good Luck’ Opening

As a play with parallels to today’s political climate had its official Broadway premiere, famous friends celebrated its star, George Clooney. He brushed aside talk of a political future.

© Dolly Faibyshev for The New York Times

The after-party for the Broadway opening of “Good Night, and Good Luck” included an “E.R.” reunion with, from left, Mare Winningham, Julianna Margulies, George Clooney and Anthony Edwards.
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Trump Sidelines Justice Dept. Legal Office, Eroding Another Check on His Power

As President Trump claims expansive and disputed powers, his administration has curbed the influential Office of Legal Counsel.

© Haiyun Jiang for The New York Times

President Trump’s administration has undercut the power of the Office of Legal Counsel, speeding up Mr. Trump’s ability to act but creating mounting difficulties for Justice Department lawyers.
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How Trump Has Tuned Out a Key Justice Dept. Legal Office

The Office of Legal Counsel issues opinions that are supposed to bind the executive branch. The Trump administration has taken steps and made claims in tension with several of them.

© Haiyun Jiang for The New York Times

Several of President Trump’s executive orders have come into conflict with precedents set by the Justice Department’s Office of Legal Counsel.
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E.U. Prepares Major Penalties Against Elon Musk’s X

European regulators are considering fining X more than $1 billion, after weighing the risks of further antagonizing Mr. Musk and President Trump.

© Eric Lee/The New York Times

European authorities have been weighing how big a fine to issue X as they consider the risks of further antagonizing President Trump amid wider trans-Atlantic disputes over trade, tariffs and the war in Ukraine.
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Israeli Military Expands Ground Operations in Gaza City

The advance and a new evacuation order came not long after Palestinian health authorities said dozens of people, including children, were killed in strikes on a school turned shelter. Israel said it had targeted militants.

© Saher Alghorra for The New York Times

Palestinians fleeing the Shajaiye neighborhood of Gaza City after the Israeli military issued evacuation orders on Thursday.
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Trump Blocked America’s Front Door to China. Now He’s Closing Back Doors.

The U.S. tariffs on transshipment countries like Vietnam and Cambodia are so steep that they could force a major reassessment of global supply chains.

© Gilles Sabrié for The New York Times

A garment factory workshop in Guangzhou, China. President Trump has recently added tariffs totaling 54 percent on goods shipped directly from China.
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Israeli Military Orders New Evacuation of Gaza City Neighborhoods

The order came not long after Palestinian health authorities said dozens of people, including children, were killed in strikes on a school turned shelter. Israel said it was looking into the reports.

© Saher Alghorra for The New York Times

Palestinians fleeing the Shajaiye neighborhood of Gaza City after the Israeli military issued evacuation orders on Thursday.
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What Is Next for Yoon Suk Yeol, South Korea’s Ousted President?

South Korea’s former president still faces criminal charges of leading an insurrection when he declared martial law. If found guilty, he could be imprisoned for life.

© Chang W. Lee/The New York Times

Supporters of impeached President Yoon Suk Yeol waved a flag with his image after the Constitutional Court announced the verdict today in Seoul, upholding the impeachment.
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Celebrations as South Korean Court Removes Impeached President Yoon Suk Yeol

The country’s Constitutional Court formally ended the presidency of Yoon Suk Yeol for declaring martial law, ending months of turmoil. But the country remains deeply divided.

© Chang W. Lee/The New York Times

At a rally of supporters of Mr. Yoon, there was loud booing after the Constitutional Court delivered its ruling. Many of them left, dejected, soon after.
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Europe’s Paradox

We explain a development that may help the far right in Europe.

© Maansi Srivastava for The New York Times

Secretary of State Marco Rubio
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Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble

The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.

© Gilles Sabrie for The New York Times

Clothing and apparel makers have expressed alarm that “obviously the prices are going to go up,” since apparel sold in America is manufactured in countries facing high tariffs, like China.
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Inside the Trump Administration’s Deportation of a Migrant to El Salvador

Immigration officers asked Kilmar Armando Abrego Garcia if he was a gang member, and refused to believe him when he denied it, according to court papers.

© CASA, via Associated Press

Kilmar Armando Abrego Garcia has denied he was a member of a gang, and told an immigration judge about his family’s struggles with gangs in El Salvador.
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F.B.I. Leaders Push to Restore Trust in the Agency They Once Undermined

In recent days, Kash Patel, the F.B.I. director, and Dan Bongino, his deputy, have promised to bring change to what they have called a broken institution.

© Kenny Holston/The New York Times

Kash Patel, the F.B.I. director, during a hearing at the Capitol last month. Before ascending to his post, Mr. Patel repeatedly distorted the facts about the bureau’s investigation of Russian meddling into President Trump’s 2016 campaign.
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How to Protect Your Retirement Savings Now as Markets Plunge

If you’re within five years of retiring, either before or after, you’re at your most vulnerable financially. Here are steps to weather the volatility.

© Brendan McDermid/Reuters

Market gains historically have come in unpredictable spurts, so don’t think you can bail out of stocks now and then jump back in when the market stabilizes.
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Key Evidence Thrown Out in Jolt to ‘Orgasmic Meditation’ Conspiracy Case

Defense lawyers had argued that diaries by a former adherent of the OneTaste group were tainted by the way they were prepared and edited for a Netflix documentary.

© Ian West/Press Association, via Associated Press

Rachel Cherwitz and Nicole Daedone face charges of mistreating employees of their company, which pitched wellness through sexuality.
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