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Trump Threatens to Fire Powell if He Does Not Resign From Fed14:41 Although Jerome H. Powell’s term as Fed chair officially ends on May 15, he can stay on as a governor until 2028 and said he would not leave until a criminal investigation was over. Trump Threatens to Fire Powell, Again14:41 The new threat against the Fed chair comes ahead of a Senate confirmation hearing for Kevin Warsh, Trump’s pick to lead the central bank. Trump Increased Tax Refunds, but a Political Challenge Still Looms14:41 While last year’s tax law has raised the average I.R.S. refund, the boost is less than the White House expected — and may not have much impact on voters. Japan Pledges $10 Billion to Help Countries Cope With Oil Prices14:41 With supply chains at risk, the aid to Southeast Asian nations is aimed at securing the availability of oil-based products, including medical equipment. 11 Electric Cars Worth a Look as Gas Prices Soar11:09 The war in Iran has auto shoppers sizing up electrics. Many strong cars are on the market, and there are bargains to be had when buying used. How Older Adults Are Using VR to Counter Social Isolation11:09 New tools tailored for use in senior living communities allow for shared experiences and social bonding. War Exposes Gaps in India’s Clean Energy Push6:22 The country’s creaking electricity grid is lagging behind its push for renewable sources — just as its growing economy hungers for oil stranded by war. Prosecutors Make Surprise Visit to Fed as Pirro Defends Investigation4:46 The Justice Department’s criminal inquiry into the Federal Reserve threatens to delay the confirmation of the next chair. US Blockade Stops Iran-Linked Ships From Crossing Strait of Hormuz2:05 U.S. Central Command said that six vessels had complied with directions to turn around and re-enter an Iranian port. N.F.L. Reporter Resigns From The Athletic Amid an Investigation23:22 The publication, which is owned by The New York Times, was investigating the conduct of Dianna Russini after photographs showed her with the head coach of the New England Patriots. Amazon Buys Globalstar for $10.8 Billion, Movingto Expand Its Satellite Internet Service20:11 The e-commerce giant is buying Globalstar, a satellite communications company, as it aims to expand its own satellite internet service to compete with Elon Musk’s Starlink. Bessent Questions the Cause of Climate Change and Its Economic Toll18:35 The Treasury secretary said it is “difficult to deconstruct” the reasons for global warming, which he described as a belief of the “elite.” Pittsburgh Post-Gazette Saved From Closure by Nonprofit17:31 The Venetoulis Institute of Local Journalism, which operates The Baltimore Banner, has bought The Post-Gazette. The newspaper was set to shut down next month. Ricky Cobb Has Built a Mini-Empire Through ’70s Nostalgia16:59 Ricky Cobb has built a big online following with his irreverent postings about the absurdities of the 1970s. J.P. Morgan Sees Resiliency in U.S. Economy Despite Iran War16:26 The nation’s largest bank said it earned record trading profits in the first quarter but tempered expectations overall for its business. |
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