Author: NY TIMES

President Biden and his economic team had high hopes about how two years of rapid inflation would play out in the months leading to the November presidential election. Price growth would continue to cool. The Federal Reserve would cut interest rates. Mortgage rates and other borrowing costs would fall. Consumer moods would improve, and so would Mr. Biden’s re-election prospects.What’s happening instead is more problematic. The inflation fight has stalled. Consumer prices are rising more slowly than they did a year ago, but still hovering at an annual growth rate that is higher than the Fed’s 2 percent target. Investors…

Don’t tell helicopter parents, but the gleefully transgressive flicks that entertained a generation of latchkey wildlings are coming back in style. Wade Allain-Marcus’s rollicking update of the 1991 cult favorite keeps the plot — a 17-year-old slacker named Tanya (Simone Joy Jones) is forced to support her even lazier younger siblings (Donielle Hansley Jr., Ayaamii Sledge and Carter Young) — and amps up the immoral humor. It’s a snappy, gutsy comedy about how kids are spoiled and ignorant, and yet the adult workplace is only passingly more mature.A Black single mother (Patricia Williams) has a nervous breakdown and leaves her…

President Biden and his team, hoping to avoid further escalation leading to a wider war in the Middle East, are advising Israel that its successful defense against Iranian airstrikes constituted a major strategic victory that might not require another round of retaliation, U.S. officials said on Sunday.The interception of nearly all of the more than 300 drones and missiles fired against Israel on Saturday night demonstrated that Israel had come out ahead in its confrontation with Iran and proved to enemies its ability to protect itself along with its American allies, meaning it did not necessarily need to fire back,…

The hospital waiting room was quiet on Sunday: There was no crowd of relatives, no flood of patients. Israel’s air defenses had just fended off a large-scale Iranian attack, with only one serious casualty recorded.But there was no sense that a crisis had been averted outside the pediatric intensive care unit at Soroka Medical Center in southern Israel’s city of Beersheba. Instead, tension filled the air until the doors to the ward swung open and a gasping mother stumbled out, her face contorted. Then raw emotion quickly took its place as she crumbled into a chair, crying.While Israel suffered little…

Entering the atelier of the watchmaker Julien Tixier in Switzerland’s Vallée de Joux, one must navigate carefully past high benches filled to the brim with equipment such as decades-old lathes, drilling machines, grinders, cutters and high-tech devices, plus spaces dedicated to heat treatment, galvanization, decoration and assembly.Despite being only about 270 square feet, this miniature factory is where Mr. Tixier transformed bars of raw steel into components for the prototype of the Monday, a $87,730, 40.8-millimeter, three-hand watch that is the first from the new brand Renaud Tixier. Sixty-two of the watches are to be made and over the next…

Dana White’s diplomatic ambitions were clear, if complicated: Un-cancel Bud Light.He had some calls to make.As the chief executive of the Ultimate Fighting Championship, Mr. White was the arena-filling, Trump-loving, perpetually smirking public face of a multi-billion-dollar sport.But in completing a reported nine-figure deal last fall to make Bud Light the U.F.C.’s official beer sponsor, Mr. White suddenly stood accused of selling out: Much of the political right — and, not incidentally, much of the U.F.C.’s audience — had been pulverizing Bud Light for months over a promotion featuring a transgender influencer. The brand, which first worked with the U.F.C.…

Rico Wade, an architect of Southern hip-hop who produced albums for rap acts including Outkast, Goodie Mob and Future, has died. He was 52.The death was announced on social media on Saturday by the artist and activist Killer Mike, a longtime collaborator. No cause of death was provided.His family confirmed the death in a statement. “We are deeply saddened by the sudden and unexpected passing of our son, father, husband and brother Rico Wade,” the statement said. “Our hearts are heavy as we mourn the loss of a talented individual who touched the lives of so many. We ask that…

The hospital waiting room was quiet on Sunday: There was no crowd of relatives, no flood of patients. Israel’s air defenses had just fended off a large-scale Iranian attack, with only one serious casualty recorded.But there was no sense that a crisis had been averted outside the pediatric intensive care unit at Soroka Medical Center in southern Israel’s city of Beersheba. Instead, tension filled the air until the doors to the ward swung open and a gasping mother stumbled out, her face contorted. Then raw emotion quickly took its place as she crumbled into a chair, crying.While Israel suffered little…

A reimagining of Andrew Lloyd Webber’s “Sunset Boulevard,” starring Nicole Scherzinger as Norma Desmond, the long forgotten silent movie star who descends into madness, was the big winner at this year’s Olivier Awards, Britain’s equivalent of the Tonys.The musical, which will open at the St. James Theater on Broadway this fall, was honored Sunday during a ceremony at the Royal Albert Hall in London with seven awards, including best musical revival, best actress in a musical for Scherzinger, best actor in a musical for Tom Francis, as the screenwriter who falls for Desmond’s charms, and best director for Jamie Lloyd.The…

This article is part of our Design special report previewing Milan Design Week.At Alcova, an annual Milan Design Week exhibition that celebrates the unconventional, an aptly named San Francisco studio named Surfacedesign is showing tables and other furniture pieces made from boulders. There is no end to the movable feast of materials that can be turned into tables, just as there is no end to the things you can put on them. The seemingly infinite options are further amplified by an urge to give new life to old, overlooked or discarded stuff.Bold Boulders to Elevate the OutdoorsSurfacedesign in San Francisco…