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Warsh, After Talking Tough on Inflation, Faces a ‘No-Win Situation’ on Rates

✇NYT > Top Stories
By: Colby Smith
Kevin M. Warsh, the chairman of the Federal Reserve, must soon decide whether to raise interest rates if inflation does not ease, even if it draws President Trump’s ire.

© Natalie Behring/Getty Images

Kevin Warsh, chairman of the Federal Reserve, at the Jackson Hole Economic Symposium on Friday.
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Milo Yiannopoulos, Right-Wing Agitator, Deported Home to U.K.

✇NYT > Top Stories
By: Mack Liederman and Hamed Aleaziz
Mr. Yiannopoulos, an early supporter of President Trump and vocal supporter of mass deportations, was himself sent back to his home country, part of a long fall from right-wing grace.

© Win Mcnamee/Getty Images

Milo Yiannopoulos at the U.S. Capitol in 2022.
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Carney Has Canadians’ Support on Trump. Now Comes the Hard Part.

✇NYT > Top Stories
By: Matina Stevis-Gridneff
The U.S.-Canada trade war has galvanized Canadians behind their prime minister’s decision to walk away from negotiations. What happens when the time comes for talks to restart?

© Dave Chan/Agence France-Presse — Getty Images

Canadian Prime Minister Mark Carney speaks at a news conference in Ottawa, Ontario, after trade talks with the US collapsed earlier this month.
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Judge Rules Trump Unlawfully Targeted Stanford Students Who Criticized Israel

✇NYT > Top Stories
By: Chris Cameron
The ruling was a win for Stanford’s student newspaper, The Stanford Daily, and it followed another court victory for students targeted by the Trump administration last year.

© Jim Wilson/The New York Times

A lawsuit argued that student journalists had been forced to self-censor out of fear of government retaliation.
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High Debt and Rising Prices Catch Up to Trump, as Midterms Near

✇NYT > Top Stories
By: Tony Romm
To win in 2024, the president promised an economic course correction. Almost two years later, his agenda has made that fight even harder.

© Haiyun Jiang/The New York Times

A series of concerning economic snapshots for President Trump have been released over the past week.
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‘Lake America’? These Upstate New Yorkers Aren’t Letting Go of ‘Ontario.’

✇NYT > Top Stories
By: Claire Fahy and Paul Lane
President Trump on Thursday signed an order rechristening Lake Ontario as Lake America, but businesses around Niagara Falls say they won’t be changing their tune.

© Cole Burston/Agence France-Presse — Getty Images

For some of the over two million New Yorkers who live along the shores of Lake Ontario, its new name seemed like an unworthy distraction.
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Trump Says U.S. Struck Deal for Control of More Than 65 Billion Barrels of Venezuela’s Oil

✇NYT > Top Stories
By: Rebecca F. Elliott · Simon Romero and Edward Wong
The president said an agreement between the countries covered more than 65 billion barrels of reserves. A U.S. official said it would involve a partnership with a private company.

© Adriana Loureiro Fernandez for The New York Times

An oil refinery in Punto Fijo, Venezuela, in 2021. Venezuela’s president, Delcy Rodríguez, said a U.S. oil deal would have a “significant impact on our nation’s revival.”
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Trump Administration Looks to Give a Swath of Yosemite Park to Developer

✇NYT > Top Stories
By: Shawn Hubler and Maxine Joselow
The proposed land swap would allow easy access to the crown jewel of the national park system. Democrats and former Park Service officials are incensed.

© Mike Kai Chen for The New York Times

Visitors walk through Yosemite Valley in Yosemite National Park.
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For Trump, the Iran War Is Stuck Between Combat and Genuine Peace

✇NYT > Top Stories
By: Peter Baker
The war has deteriorated over the past six months into Mr. Trump’s own version of a “forever war,” with no clear goals and no end in sight.

© Kenny Holston/The New York Times

President Trump has been unable so far to broker an agreement to end the war on satisfactory terms.
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Chevron Is in Talks to Expand in Venezuela, a Potential Win for Trump

✇NYT > Top Stories
By: Rebecca F. Elliott · Simon Romero · Anatoly Kurmanaev and Lisa Friedman
President Trump’s administration has been pushing U.S. companies like Chevron to invest more in Venezuela’s oil industry.

© Marco Bello/Reuters

A Chevron-chartered oil tanker was anchored near Maracaibo, Venezuela, in February. Chevron is the only U.S. oil company with a major footprint in the country.
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Trump Administration Asks Supreme Court to Uphold Ban on Transgender Troops

✇NYT > Top Stories
By: Ann E. Marimow and Dave Philipps
President Trump issued an executive order barring transgender service members from the military as part of a broader attack on transgender rights.

© Allison Robbert for The New York Times

If the justices accept the case, they could schedule oral arguments during the Supreme Court’s term that begins in October.
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Judge Again Denies Trump’s Request to Move Hush-Money Case to Federal Court

✇NYT > Top Stories
By: Hurubie Meko and Santul Nerkar
The ruling, from Judge Alvin K. Hellerstein, blocks President Trump’s quickest path to overturning his 2024 conviction for covering up hush-money payments to a porn star.

© Doug Mills/The New York Times

In July, the Supreme Court found that presidents were entitled to presumptive immunity for official acts, raising the bar for any prosecution.
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Smaller Revision Points to More Accurate Jobs Numbers

✇NYT > Top Stories
By: Ben Casselman
The 2026 revisions by the Bureau of Labor Statistics represent a downward adjustment of just 0.1 percent of the total work force.

© Justin Sullivan/Getty Images

Networking at a job fair in Carson, Calif., in June.
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Why Many Iranians Are Losing Hope After Six Months of War

✇NYT > Top Stories
By: Leily Nikounazar and Yeganeh Torbati
Iranians have become increasingly desperate, as they grapple with an economic crisis made worse by the conflict and grow increasingly skeptical about President Trump’s motives.

© Arash Khamooshi/Polaris for The New York Times

The most immediate preoccupation for most Iranians is dealing with soaring prices caused by an enduring economic crisis.
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Six Months of War, and Trump’s Push for ‘Lake America’

✇NYT > Top Stories
By: Tracy Mumford · Will Jarvis · Margaret Kadifa · Jake Lucas · Ian Stewart · Yeganeh Torbati and Jane Bradley
Plus, the Friday news quiz.

© Arash Khamooshi/Polaris for The New York Times

A taxi station in Tehran last month. Iranians have become more desperate as they live with an economic crisis made worse by war.
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Wyoming Governor Objects to ‘Very Odd’ D.O.J. Election Monitoring

✇NYT > Top Stories
By: Tim Balk
Governor Mark Gordon, a Republican, said he was concerned by the behavior of election observers who visited a polling station in Cheyenne.

© Haiyun Jiang for The New York Times

Governor Mark Gordon of Wyoming leads one of the most conservative states.
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Why Many Iranians Are Losing Hope After Six Months of War

✇NYT > Top Stories
By: Leily Nikounazar and Yeganeh Torbati
Iranians have become increasingly desperate, as they grapple with an economic crisis made worse by the conflict and grow increasingly skeptical about President Trump’s motives.

© Arash Khamooshi/Polaris for The New York Times

The most immediate preoccupation for most Iranians is dealing with soaring prices caused by an enduring economic crisis.
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Lake Ontario Didn’t Ask for Trump to Rename It

✇NYT > Top Stories
By: Katie Rogers
There is a U.S.-led war in the Middle East and the midterm elections on the horizon, but President Trump’s latest priority seems to be “Making The Great Lakes Even Greater.”

© Cole Burston/Agence France-Presse — Getty Images

Boats were anchored along the waterfront of Lake Ontario in Toronto on Thursday.
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Trump vs. the Bond Market

✇NYT > Top Stories
By: Ezra Klein and Rollin Hu
Robin Wigglesworth of Financial Times explains everything you need to know about the Trump administration’s meddling with the bond market.

© The Ezra Klein Show

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