The Dow Jones Industrial Average passed another milestone, topping 23,000 for the first time, as strong earnings from UnitedHealth Group Inc. and Johnson & Johnson helped push the more than century-old gauge to a record.It’s the sixth 1,000-point milestone reached in the past 12 months and the fifth since Donald Trump was elected president in…
“I think we both had this feeling that this was our destiny,” Ms. Austin said. “But I felt like I had things that I had to do.” Photo The church sanctuary was filled with incense. Credit Jared Soares for The New York Times When the two met, Mr. Makonnen didn’t tell Ms. Austin about his…
I always made conservative choices as a young actress, largely informed by my first-generation American parents who were highly skeptical of this industry in general — “This business will use you up and throw you away like a snotty tissue!”— and of its men in particular: “They only want one thing.” My mom didn’t let…
Federal Reserve Chair Janet Yellen said that the U.S. central bank expects to continue to raise interest rates gradually as solid growth, a strong labor market and a healthy global economy lift prices even as she recognized that inflation has been surprisingly low. “My best guess is that these soft readings will not persist, and with…
Secretary of State Rex Tillerson says President Donald Trump wants him to push forward on diplomacy with North Korea “until the first bomb drops.”Until?Tillerson’s comment on CNN’s “State of the Union” program on Sunday apparently weren’t meant literally as a timeline for war, as he preceded that quote by saying, “He has made it clear…
In a joint statement, the top Democrats in Congress, Senator Chuck Schumer of New York and Representative Nancy Pelosi of California, said Mr. Trump had “apparently decided to punish the American people for his inability to improve our health care system.” “It is a spiteful act of vast, pointless sabotage leveled at working families and…
By midmorning on Thursday, as the Twitter universe was in full steam about Ms. McGowan’s situation, the company moved to explain its actions. In a statement, a Twitter representative said Ms. McGowan’s tweets had violated the company’s privacy policy because one of them included a phone number. Continue reading the main story A person familiar…
Qualcomm Inc. filed lawsuits in China seeking to ban the sale and manufacture of iPhones in the country, the chipmaker’s biggest shot at Apple Inc. so far in a sprawling and bitter legal fight.The San Diego-based company aims to inflict pain on Apple in the world’s largest market for smartphones and cut off production in a…
President Donald Trump is halting some Obamacare subsidies. The move could mean that the government will end up spending almost $200 billion more on health insurance.Here’s why: The subsidies clamped by Trump, known as cost-sharing reductions, are paid to insurers, reimbursing them for lowering deductibles and other out-of-pocket costs for low-income people. If the funds…
With its arrest warrants and visa freezes, the Turkey-U.S. standoff looks more like a flashpoint between enemies than a difference of views among friends.That’s because the crisis, which sent Turkish markets reeling on Monday, blew up only after years of tension and mutual recrimination. The two countries have been trading accusations that are increasingly hard…
