To Revitalize Britain’s Economy, a Plan for a Stronger Government Role
The Labour Party’s economic agenda, like many other programs around the world, puts political leaders more firmly in charge of industrial policy.
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CreditHenry Nicholls/Agence France-Presse — Getty Images U.K. Inflation Steady as Economists Puzzle Over ‘Taylor Swift Effects’
Consumer prices rose 2 percent in June from a year earlier, a bit higher than economists expected, with a big jump in hotel prices coinciding with a blockbuster series of concerts.
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CreditScott A Garfitt/Invision, via Associated Press Chip Shares Tumble, Dragging Wall Street to Its Worst Drop in Weeks
The S&P 500 had its worst day since April. The Nasdaq composite saw its biggest single-day decline since late 2022.
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- DealBook Newsletter
The Fed Under Trump 2.0
Donald Trump says he will not fire Jay Powell as chair of the central bank if he is re-elected president, after threatening to do so. But whether the president even has the authority is open to question.
By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch, Ephrat Livni and
CreditCarlos Barria/Reuters
Carlos Watson, Ozy Media Founder, Is Found Guilty of Fraud
Mr. Watson, who denied lying to investors and lenders, faces up to 37 years in prison.
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CreditStefan Jeremiah/Associated Press Why Is the Oil Industry Booming?
High prices and growing demand have helped U.S. oil producers take in record profits despite global efforts to spur greater use of renewable energy and electric cars.
By Rebecca F. Elliott and
Credit Amazon Workers Narrowly Reject Union Drive at British Warehouse
The vote, which would have forced the tech giant to negotiate collectively with workers, was the closest an Amazon center in Britain had come to being unionized.
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CreditSam Bush for The New York Times Britain Approves Lab-Grown Meat for Pet Food
British dogs and cats are set to become the first animals in Europe to chow down on meat cultivated from chicken cells.
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CreditMeatly Terrell Davis, N.F.L. Hall of Famer, Says He Was Unjustly Detained on Flight
The former Denver Broncos running back said that he was handcuffed by the authorities on Saturday after he tapped a United Airlines flight attendant on the arm.
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CreditJack Dempsey/Associated Press
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Britain Needs to Move Faster on Climate, Monitoring Group Says
A report by a government body that oversees efforts to reduce greenhouse gases will help underpin the Labour Party’s plans to accelerate renewable energy and other measures.
By Stanley Reed
Britain Approves Lab-Grown Meat for Pet Food
British dogs and cats are set to become the first animals in Europe to chow down on meat cultivated from chicken cells.
By Amelia Nierenberg
Renaming an Airport After Silvio Berlusconi Divides a Region in Italy
The decision to name Italy’s second-largest passenger hub after the divisive media mogul and politician, who died in 2023, has prompted outrage and protests.
By Elisabetta Povoledo
E.U. Court Rebukes Bloc’s Executive Arm Over Covid Vaccine Contract Secrecy
The court ruled that the European Commission wrongly withheld information, casting a shadow on its leader, Ursula von der Leyen, before a crucial vote on her future.
By Jenny Gross
Bird Flu Is Spreading. Why Aren’t More People Getting Tested?
Even as the H5N1 virus evolves, gaps remain in the nation’s contingency plans for human testing, scientists say.
By Apoorva Mandavilli
DealBook NewsletterThe Fed Under Trump 2.0
Donald Trump says he will not fire Jay Powell as chair of the central bank if he is re-elected president, after threatening to do so. But whether the president even has the authority is open to question.
By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch, Ephrat Livni and Jeanna Smialek
N.B.A. Board Backs TV Rights Deals, but Steps Remain
The agreements, set to begin after next season, could potentially pay the league about $76 billion over 11 years.
By Tania Ganguli and Kevin Draper
Rupert Murdoch Shows Up at Republican Convention
The media titan’s attendance in Milwaukee was another extraordinary turn in his contorted relationship with Donald J. Trump.
By Jim Rutenberg
Herbert Hoelter, Prison Consultant to the Rich and Infamous, Dies at 73
He helped Martha Stewart, Leona Helmsley, Michael Milken and other white-collar criminals win lighter sentences, and prepared them for life in prison.
By Michael S. Rosenwald
Trump-Vance Administration Could Herald New Era for Dollar
Both candidates on the Republican ticket have argued that the U.S. currency should be weaker to support American exports.
By Alan Rappeport
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