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business
Trump Clears Way for Corporate Tax Dodge Hidden in the Fine Print
U.S. companies skirted at least $40 billion in taxes since the beginning of 2025 thanks to schemes in places like Malta, Bermuda and Cyprus.
By Jesse Drucker and Dylan Freedman
us
ICE Agent Charged in Minnesota Shooting Is Arrested in Texas
Christian Castro, who had been charged with assault in the shooting of a Venezuelan man during the immigration crackdown in Minnesota, was taken into custody Friday morning.
By Ernesto Londoño
nyregion
New York Wants to Restrict ICE Enforcement. ICE Has Other Ideas.
New York leaders changed state immigration laws to hold federal agents accountable for their deportation tactics, but their efforts will face opposition from the Trump administration.
By Grace Ashford and Hamed Aleaziz
us
In Carroll Lawsuits Inquiry, Scrutiny Turns Toward Private Citizens Who Antagonized Trump
The Justice Department is said to be examining the funding of lawsuits brought by E. Jean Carroll, an author who has never sought a public role, political power or governmental authority.
By Glenn Thrush and Benjamin Weiser
us
Where Do E. Jean Carroll’s Lawsuits Against President Trump Stand?
Two monetary judgments against Mr. Trump are winding their way through the legal system, with the Supreme Court likely to be the final word on both.
By Abbie VanSickle
business
Inside the Room Where War Insurance Is Bought and Sold
Many of the ships stranded in the Persian Gulf depend on coverage negotiated at Lloyd’s, the center of marine insurance for more than 300 years.
By Jenny Gross
magazine
The Politics of the Downwardly Mobile Professional Class
The debate over whether Graham Platner is “working class” comes at a time when more and more people are at risk of falling into it.
By Noam Scheiber
polls
Latest Indicator of Political Discontent: 43% of Voters Dissatisfied With Both Parties
Persistent frustration over the economy and foreign policy has left many Americans feeling politically homeless, and young voters are particularly frustrated.
By Ruth Igielnik
us
Democrats’ Generational Battle Is Fierce in California’s Capital
Representative Doris Matsui has been re-elected 10 times with ease. But an upstart Democrat is threatening to end her run in Congress.
By Laurel Rosenhall
us
Why Hasn’t California Elected a Woman Governor?
Most states have had a woman serve as governor, but California is in the minority despite its progressive-minded electorate. Women who have reached the top elsewhere saw familiar roadblocks.
By Heather Knight, Soumya Karlamangla and Jill Cowan
books
My Life Was a Trainwreck. Then I Read This Poem.
A.O. Scott seeks practical advice in a villanelle by Wendy Cope.
By A.O. Scott and Aliza Aufrichtig
world
Russian Drone Hits Romanian Apartment Building, Officials Say
Romania is a NATO country, and the security alliance condemned “Russia’s recklessness” for an episode that sharply escalated tensions with Moscow.
By Andrew Higgins and Cassandra Vinograd
world
What to Know About the Drones That Have Been Crossing Into Romania
The strike on Friday, near the Ukrainian border, was the first to injure civilians in Romania, officials say. But drones from the nearby war have been a growing threat.
By Lara Jakes
world
Romania Says It Could Invoke NATO’s Article 4. What Would That Do?
The clause in NATO’s founding treaty is an “instrument” Romania can use, the foreign minister said after a drone, alleged to be Russian, wounded two civilians.
By Jenny Gross and Aurelien Breeden
business
As the SpaceX Hype Machine Steamrolls Ahead, Wall Street Jumps Aboard
Elon Musk and his bankers are working to create a self-fulfilling prophecy for the massive public offering: Make investors feel that the risks of passing it up outweigh those of buying into it.
By Maureen Farrell and Lauren Hirsch
science
Blue Origin Rocket Blows Up on Florida Launchpad During Test
The rocket, built by the Jeff Bezos-owned space company, was to carry 48 satellites into space. Blue Origin reported on social media that “all personnel have been accounted for.”
By Kenneth Chang
business
Sky-High I.P.O. Pricing Isn’t Great for Real People
When newly public companies have been valued as richly as SpaceX, OpenAI and Anthropic seem likely to be, the outlook for ordinary investors has been poor.
By Jeff Sommer
science
A Hidden Treasure of Rare Snake Specimens
In the foothills of the Ecuadorean Amazon, a 101-year-old farmer and a young scientist turned an amateur collection into a scientific survey of one of the most diverse snake habitats on Earth.
By Alexa Robles-Gil and Johanna Alarcón
world
How Japan Lost 3 Million People in Five Years
Japan’s population fell by more than 3 million over the past five years, a record drop that underscores the depths of the country’s accelerating demographic crisis.
By Javier C. Hernández, Pablo Robles and Kiuko Notoya
nyregion
New Yorkers Are Living in a Peculiar Harmony. Thank the Knicks.
The team’s playoff run has brought a curious sense of amity to the city.
By Matt Flegenheimer
business
Luka Doncic, N.B.A. (Europe) Owner?
The superstar is part of group that has bought a basketball team in Italy, with a plan to move the club to Rome in hopes of making it part of a new league.
By Tania Ganguli
style
Is Spencer Pratt for Real?
The former reality star’s dark visions of Los Angeles are resonating in a heated mayoral race, even if they’re far from the truth.
By Nathan Taylor Pemberton
magazine
Spencer Pratt Wants to Be Mayor. His Fans Want Him to Be Batman.
What an A.I.-generated video of the former reality TV star teaches us about the future of political ads.
By Willy Staley
business
A.I. Doesn’t Have to Mean Layoffs
A French multinational, Schneider Electric, decided to use artificial intelligence in manufacturing to make workers more productive, rather than to replace them. Here’s how that’s going.
By Patricia Cohen and Alexis Pazoumian
business
How Anthropic Got So Big, So Fast
The artificial intelligence giant was just valued at $900 billion, surpassing OpenAI. Here are the numbers behind its rise — and headwinds it faces.
By Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe, Ian Mount and Lauren Hirsch
world
No, Not That Georgia. A.I. Compounds a Nation’s Identity Woes.
Online queries are more likely to turn up references to the U.S. state — a problem for the republic in the Caucasus and its people. But a move to drop the name “Georgia” has lost steam.
By Ivan Nechepurenko
travel
Uber to Offer Shuttles for Fans Leaving World Cup Matches
Soccer lovers frustrated by public transportation will have another option to return to Boston, Dallas, Miami and New York from hard-to-reach stadiums.
By Christine Chung
business
Now in Theaters: Hit Movies From YouTube Stars
“Backrooms,” a psychological horror flick opening this weekend, is part of a wave of breakout films from fledgling directors who honed their instincts on YouTube.
By Brooks Barnes
movies
From YouTube Sensation to A24’s Youngest Director
Now 20, the viral creator Kane Parsons is releasing “Backrooms,” a feature-length expansion of his web series.
By Kyle Buchanan
opinion
This Is the Formula That Defeated Orban. It Would Defeat Trump, Too.
Eleven lessons America must learn
By M. Gessen and Máté Bartha
opinion
America Has a Masculinity Crisis
A much-needed, nuanced conversation about masculinity and feminism today.
By Nadja Spiegelman, Frederick Joseph, Ruth Whippman and Vishakha Darbha
briefing
Pool Problems
What’s happening with the paint on the National Mall?
By Sam Sifton
world
France’s Far Right Has 2 Leaders. They Don’t Always Have One Voice.
Marine Le Pen and her protégé, Jordan Bardella, lead presidential polls. They are united on curbing immigration but split recently on economic policy.
By Mark Landler
us
4 Takeaways From the Scripps National Spelling Bee
The competition came down to a spell-off. Contestants were eliminated early, and a sixth grader became a crowd favorite.
By Maria Cramer
us
Trans Athlete Could Repeat as State Champion at California Meet
Special rules will again be in place. Podium spots might be shared.
By Juliet Macur