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U.S. and Japan Coordinated to Help Stabilize the Yen

By: Joe Rennison and Kiuko Notoya β€”
U.S. and Japanese officials confirmed that the Treasury Department had moved last week to prop up the currency, which had been trading near four-decade lows.

President Trump confirmed that the Treasury Department had intervened to help stabilize the Japanese yen last week.

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How China Keeps Tabs on Foreigners

By: Lily Kuo and Pei-Lin Wu β€”
An unsecured police dashboard was a rare window into how the authorities track foreigners by collecting and aggregating vast amounts of private data.

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Cyclospora Linked to Taylor Farms Lettuce Sent to Taco Bell

By: Christina Jewett， Alice Callahan and Caroline Hopkins Legaspi β€”
Federal officials worked with Michigan investigators to trace the outbreak to iceberg lettuce, which may also have gone to other vendors.

Cyclosporiasis cases have been linked to iceberg lettuce that Taylor Farms supplied to Taco Bell.

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Elon Musk and Other CEOs on Trump’s Trip to China Sought Relief

By: Ana Swanson β€”
Elon Musk and other powerful executives who accompanied President Trump to China are hoping to clear roadblocks put up by Beijing.

Elon Musk and Tim Cook, far right, were among the U.S. chief executives in attendance during a state banquet in Beijing last week.

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Thousands of N.Y.C. Jobs Could Be Lost to A.I. Boom, Report Says

By: Emma Goldberg β€”
A report by the New York City comptroller argues that the city’s economy will be transformed by artificial intelligence. β€œWe’ve never seen anything like this,” he said.

A report by Mark Levine, the New York City comptroller, marks the first major effort by the city’s leaders to engage with the looming question of how A.I. will affect it.

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Mamdani’s First City-Owned Grocery Store Is Planned for the South Bronx

By: Emma G. Fitzsimmons β€”
Mayor Zohran Mamdani said that the store would open in the Hunts Point neighborhood next year. Some merchants are pushing back.

A core campaign promise of Mayor Zohran Mamdani, who unveiled the plan for Hunts Point in a news conference on Monday, involved opening a city-run grocery store in each borough.

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Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise

By: Karoun Demirjian and Lauren Hirsch β€”
A trade group for the airlines is seeking $2.5 billion to help offset the big jump in jet fuel costs since the start of U.S.-Israeli attacks against Iran.

A trade group that represents low-cost carriers including Frontier Airlines is seeking $2.5 billion from the Trump administration to offset some fuel costs.

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Carney to Launch Sovereign Wealth Fund to Distance Canada’s Economy From U.S.

By: Ian Austen β€”
The sovereign wealth fund announced by Prime Minister Mark Carney will be far smaller than ones in other oil producers like Norway and the Middle East.

Prime Minister Mark Carney of Canada announcing a sovereign wealth fund on Monday in Ottawa.

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Middle East War Will Slow Global Economic Growth, I.M.F. Warns

By: Alan Rappeport β€”
The conflict could also fuel another bout of inflation, according to the International Monetary Fund.

New International Monetary Fund projections showed a global economy that was stopped in its tracks by the U.S. war in Iran.

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Mark Carney Seals a Majority Government and Remakes Canada’s Liberal Party

By: Matina Stevis-Gridneff β€”
The rising star in global centrist politics has secured a majority in the Canadian Parliament. Critics are crying foul.

Prime Minister Mark Carney of Canada speaking on Saturday at a Liberal Party convention in Montreal.

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New Rules Hinder Foreign Firms From Moving Supply Chains From China

By: Keith Bradsher β€”
Multinationals in China are concerned that the regulations could allow authorities to penalize companies and executives for shifting supply chains away from the country.

Steel pipes await export in Lianyungang, China. The country’s trade surplus reached nearly $1.2 trillion last year as exports continued to outpace imports.

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What Happened After Denmark Adopted a Ruined City in Ukraine

By: Andrew E. Kramer and Brendan Hoffman β€”
The Danish government has contributed more than $250 million to Mykolaiv, as the Trump administration pushes a more business-focused plan.

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Trump’s Latest Oil Blockade Brings Bigger Economic Risks

By: Rebecca F. Elliott β€”
Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.

A strike on the Bapco oil refinery in Bahrain in early March. A U.S. blockade of the Strait of Hormuz may give Iran a reason to restart attacks on energy assets throughout the Persian Gulf.

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Canada Special Elections 2026 Results: Carney’s Liberal Party Gains Majority

By: Ian Austen β€”
Prime Minister Mark Carney, constrained by leading a minority government for the past year, gained a majority in the House of Commons after special elections on Monday.

Prime Minister Mark Carney of Canada at the Liberal Party’s convention in Montreal on Saturday. His agenda is focused on reducing Canada’s dependence on the United States.

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Volkswagen Suffers More Than Rivals From Auto Industry Woes

By: Jack Ewing β€”
The German automaker’s sales in the United States plunged last year, hit by tariffs and the end of tax credits for electric vehicles.

Electric vehicles at a Volkswagen plant in Dresden, Germany. The company is an extreme example of how difficult it has been for foreign automakers to cope in the U.S. car market.

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Trump Is Threatening Greenland and Europe

By: James Kirchick β€”
Any attempt to seize Greenland from Denmark would fatally undermine the world’s most successful military alliance.

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China’s Threat to Block Rare Earths Has Put Japan on High Alert

By: River Akira Davis β€”
Tokyo is concerned at signs that Beijing may be laying the groundwork to restrict access to the metals vital to manufacturing.

A truck hauling material out of a mining valley for heavy rare earth metals on the outskirts of Longnan, China, in April.

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Fed’s Independence Faces Critical Tests as Trump Seeks to Remake Institution

By: Colby Smith β€”
The central bank faces two major hurdles early on in 2026 that will determine the extent to which it operates free of political meddling.

President Trump has said anybody who disagrees with him will never get the top job at the Federal Reserve, prompting concern that his nominee will prioritize pleasing him over all else.

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Canada’s Population Shrinks Amid Tightened Immigration

By: Vjosa Isai β€”
The government has greatly restricted the number of work and study permits issued to foreigners following an unpopular immigration boom during the pandemic.

International students and others lining up for buses in Brampton, Canada, where many students and temporary workers from India have settled.

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