How Republicans Re-engineered the Tax Code

The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President Trump’s populist 2024 campaign promises.Even as President Trump has pointed the Republican party’s tax agenda in a more populist direction, the new law is in many ways the apo

A Andrew Duehren

How the Trump Administration Justified Ignoring the TikTok Ban

In purporting to license otherwise illegal conduct by tech firms, President Trump set a precedent expanding executive power, legal experts warned.Attorney General Pam Bondi wrote in letters to technology companies that President Trump had decided that shutting down TikTok would interfere with his “c

C Charlie Savage

Supreme Court Lets Trump Deport Eight Migrants to South Sudan

The court’s order followed a broader one last month allowing removals to countries with which migrants have no connections.The United States has held eight migrants at a military base in Djibouti while court cases played out. But an official said the Trump administration would now promptly send the

A Adam Liptak and Mattathias Schwartz

Macy’s 4th of July Fireworks: Where to Watch in NYC

The Macy’s celebration, replete with 80,000 firework shells and 11 new pyrotechnic effects, returns to the East River after heading over to the Hudson in 2024.Last year, the Macy’s fireworks display returned to the Hudson River for the first time in over 10 years. This year, it’s back on the East Ri

T Taylor Robinson

Hamas Has a New Leader in Gaza. His Next Test: Cease-Fire Talks.

The rise of Izz al-Din al-Haddad in the chain of command suggests the group will hold firm to its position demanding a total end to the war before releasing all remaining hostages.The primary obstacle to getting a deal between Hamas and Israel has been the permanence of any cease-fire.

A Adam Rasgon and Ronen Bergman

Where Do Israel-Hamas Cease-Fire Negotiations Stand?

Hamas wants to ensure that the latest cease-fire proposal has sufficient guarantees that negotiations will lead to a permanent end to the Gaza war.Displaced Palestinians at a tent camp in Gaza City in June.

A Adam Rasgon and Natan Odenheimer

Nuclear Inspectors Leave Iran After Cooperation Halted With U.N. Watchdog

The withdrawal of international inspectors comes amid heightened concerns that Iran, battered by Israeli and U.S. strikes, may be driven to try to build a nuclear bomb.Reza Najafi, Iran’s ambassador to the International Atomic Energy Agency, speaks to journalists shortly after an extraordinary I.A.E

E Erika Solomon

Why Beef Prices Have Hit a Record

Smaller cattle herds and a decade of headwinds for the industry are expected to push up the cost of burgers and steaks for several years.The supply of cattle is at its lowest since the 1950s.

K Kevin Draper

China Sets Steep Duties on European Brandy but Spares Biggest Producers

Major Cognac companies made concessions to avoid the worst of the penalties, imposed by Beijing in retaliation for E.U. tariffs on Chinese electric vehicles.Sampling Cognac in Segonzac, southwestern France, in October. Some French Cognac brands have extensive sales in China.

L Liz Alderman and Keith Bradsher

Is This Really How We’re Legislating Now?

Congress is no longer in the business of thoughtful legislating. Its role has been reduced to putting political points on the board for the president.Mike Johnson after being re-elected as speaker in January.

B Brendan Buck

The Fourth

Politics are colliding with the holiday this year.Mike Johnson signing the bill.

T The Morning Team

Sean ‘Diddy’ Combs Faces Not Just a Sentencing, but a Host of Civil Cases

The music mogul, convicted on lesser charges at his federal trial, has been accused of sexually assaulting people in dozens of suits. He has denied the allegations.The embattled music impresario Sean Combs in 2018. Though his federal trial is over, he still faces more than 50 lawsuits accusing him o

M Michaela Towfighi and Julia Jacobs