Meta, which owns Facebook and Instagram, said that it planned to give outside researchers more detailed information on how political ads are targeted across its platform, providing insight into the ways that politicians, campaign operatives and political strategists buy and use ads ahead of the midterm elections. Starting on Monday, academics and researchers who are […]
Shortly before the 2020 election, Trump administration officials unveiled a U.S. government-sponsored program called the Abraham Fund that they said would raise $3 billion for projects around the Middle East. Spearheaded by President Donald J. Trump’s son-in-law and adviser Jared Kushner, the fund promised to capitalize on diplomatic agreements he had championed between Israel and […]
What’s Up? (May 15-21) Another Week, Another Decline in Stocks Stocks slid into bear market territory on Friday, the insider term for a drop of 20 points or more from an index’s last peak, before closing slightly up for the day. Even so, the market continued a long streak of losses with the seventh consecutive […]
BERLIN — The Biden administration is developing plans to further choke Russia’s oil revenues with the long-term goal of destroying the country’s central role in the global energy economy, current and former U.S. officials say, a major escalatory step that could put the United States in political conflict with China, India, Turkey and other nations […]
WASHINGTON — Biden administration officials on Thursday said that a baby formula shortage would continue at least into next month, leaving desperate parents continuing to search for ways to feed their infants even as President Biden and his aides defended their efforts to help restock empty shelves. Dr. Robert Califf, the head of the Food […]
Global stocks tumbled on Thursday following Wall Street’s worst day in nearly two years, amid growing concern about inflation’s impact on economic growth and company profitability. The Stoxx Europe 600 sank 2.3 percent, pulled lower by tech and consumer companies. Major indexes in European countries fell by more than 1 percent, with Britain’s FTSE 100 […]
Claims of racial discrimination and poor working conditions at Tesla’s factory in Fremont, Calif., prompted a lawsuit by a California state agency.Credit…Christie Hemm Klok for The New York Times Elon Musk called a prominent index of socially responsible companies a “scam” on Wednesday after it dropped Tesla because of the way the carmaker handled accusations […]
Britain’s annual inflation rate jumped to 9 percent last month, the highest in 40 years, the Office for National Statistics said on Wednesday. The annual change in the Consumer Prices Index rose from 7 percent in March. Britons were braced for a steep rise in inflation in April following the reset in the government’s cap […]
The Justice Department sued Stephen Wynn, the former casino mogul, on Tuesday, seeking to force him to register as an agent of the Chinese government and saying he had made requests on the government’s behalf to Donald J. Trump when he was president. According to the lawsuit, Mr. Wynn passed along a request to Mr. […]
BRUSSELS — Treasury Secretary Janet L. Yellen urged European nations on Tuesday to step up their spending to support Ukraine as Russia’s attacks on the country’s critical infrastructure showed few signs of abating. The United States and Europe have coordinated closely in enacting sweeping sanctions against Russia in the nearly three months since its president, […]