business

Devastating Floods Hit Congo’s Capital, Leaving Dozens Dead

A mere month ago, luxury businesses were looking forward to a new era of deregulation, lower taxes and a booming stock market — and dreaming of well-heeled buyers splurging on opulent ball gowns and statement watches. Instead, as the Trump administration imposes 20 percent tariffs on products from the European Union, they are bracing for … Read more

Their lives intersected around a playground on a sunny Friday evening in Kryvyi Rih, a city in central Ukraine. Kostiantyn Novik, 16, had come with his cousin to hang out with friends. Serhii Smotolok, a 57-year-old welder, was nursing a beer nearby on the terrace of a restaurant, unwinding after his workday. Radislav Yatsko, 7, … Read more

U.S. commanders planning for a possible conflict with China are increasingly concerned that the Pentagon will soon need to move long-range precision weapons from stockpiles in the Asia-Pacific region to the Middle East, congressional officials say. That is because of the large amount of munitions that the United States is using in a bombing campaign … Read more

Rescuers Search for Survivors of Roof Collapse in Dominican Republic

The U.N. secretary general, António Guterres, on Tuesday sharply criticized Israel’s renewed blockade of aid to Gaza as a violation of its obligations under international law and said it had opened “the floodgates of horror.” “Gaza is a killing field and civilians are in an endless death loop,” Mr. Guterres said in prepared remarks to … Read more

Trump pressed ahead with a trade war President Trump is facing blowback from trading partners, businesses and investors over sweeping tariffs, with a new wave set to snap into effect today. Those include another 50 percent duty on China. As a result, tariffs on Chinese goods imported to the U.S. will be at least 104 … Read more

Dozens of people have died in the Democratic Republic of Congo after torrential rains flooded the capital, Kinshasa, in the last few days, and destroyed hundreds of homes. The Ndjili River running through the megacity of 17 million people, one of the largest on the continent, burst its banks and submerged major roads, including Lumumba … Read more

The severe storm system that has inundated the central and southeastern United States with heavy rain and high winds for days fits into a broader pattern in recent decades of increasing rainfall across the eastern half of the United States. Data from the National Oceanic and Atmospheric Administration for 1991 through 2020 show that the … Read more

President Trump plans to sign an executive order Tuesday aimed at expanding the mining and use of coal in the United States, in an effort to revive the struggling industry. The order will direct federal agencies to remove barriers to coal leasing and mining, loosen environmental reviews of coal projects and explore whether coal-fired electricity … Read more