Banks Could Weather Even Extreme Economic Tumult, Fed Finds
The Federal Reserve for the first time tested major banks’ ability to withstand crisis scenarios — and the largest U.S. lenders stood tall. Source link
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The Ground Is Shifting Under Biden and Trump
Both parties are changing shape. What should they do about it? Source link
Continue ReadingWhat the Court’s Ruling on Drafting the Ultra-Orthodox Means for Israel
Israel’s insular ultra-Orthodox community has long been exempt from military service. The Supreme Court’s decision to end that exemption could change the country’s social and political dynamics. Source link
Continue ReadingCongestion Pricing Delay Will Thwart Billions in Subway Upgrades
The board of the Metropolitan Transportation Authority was presented with drastic cuts to the transit system’s capital plan caused by Gov. Kathy Hochul’s decision to halt the tolling program. Source link
Continue ReadingSchools Got a Record $190 Billion in Pandemic Aid. Did It Work?
Two new studies suggest that the largest single federal investment in U.S. schools improved student test scores, but only modestly. Source link
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Mark Rutte Moves From Leading Netherlands to Heading NATO
Mark Rutte, the long-serving Dutch prime minister, was formally named the new secretary general of NATO on Wednesday, putting an experienced, strongly pro-Ukraine leader with a reputation for conciliation at the head of the alliance. Mr. Rutte, 57, will take over from Jens Stoltenberg on Oct. 1, at a difficult time for NATO in the […]
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Women Are Paying for Birth Control When They Shouldn’t Have To
Last week, Senator Bernie Sanders of Vermont, chair of the Senate health committee, called on a government watchdog to investigate why insurance companies are still charging women for birth control — a move that thrust access to contraceptives back into the spotlight. In a letter to the Government Accountability Office, the senator noted that insurance […]
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Rampant Identity Theft Is Taxing the I.R.S.
Rampant identity theft has overwhelmed the Internal Revenue Service, resulting in a backlog of 500,000 unresolved fraud cases, leaving taxpayers without refunds and credits that they are due, the agency’s watchdog wrote in a report to Congress on Wednesday. The report by the National Taxpayer Advocate described the slow pace of addressing the identity theft […]
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NATO, at Washington Summit, Will Offer Ukraine a ‘Bridge’ to Membership
NATO will offer Ukraine a new headquarters to manage its military assistance at its upcoming 75th anniversary summit in Washington, officials said, an assurance of the alliance’s long-term commitment to the country’s security that has been heralded as a “bridge” to Kyiv’s eventual membership. President Volodymyr Zelensky of Ukraine — along with some Central European […]
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Opinion | Which V.P. Pick Will Help Trump Win? Four Columnists Rate the Field.
Patrick Healy, the deputy Opinion editor, hosted an online conversation with the Times Opinion columnists Ross Douthat, David French, Michelle Goldberg and Bret Stephens to discuss Donald Trump’s upcoming vice-presidential pick: who he might choose; who would help Mr. Trump the most electorally; the strengths and weaknesses of several possible running mates; and which of […]
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