Author: NY TIMES

The Bank of England said on Friday that it would overhaul the way it forecasts its outlook for the British economy as part of a “once-in-a-generation” review of its process after it was criticized for underestimating inflation.After a few turbulent years — which included a pandemic, the war in Ukraine and a surge in inflation — the central bank was accused of bungling its economic forecasts. It has since set out to find ways to convey more clearly what it thinks will happen to economic growth and inflation, especially in times of high economic uncertainty.“We have a once-in-a-generation opportunity to…

The National Academy of Sciences is asking a court to allow it to repurpose about $30 million in donations from the wealthy Sackler family, who controlled the company at the center of the opioid epidemic, and to remove the family name from the endowment funds.The petition filed by the Academy in Superior Court in Washington, D.C., Thursday aims to modify the terms of the donations so the institution can use them for scientific studies, projects and educational activities.The move follows a report in The New York Times last year that examined donations from several Sackler members, including an executive of…

What’s most provocative about “Brandy Hellville & the Cult of Fast Fashion” (streaming on Max), and about the horror show it contends is behind the immensely popular cheap-clothing retailer Brandy Melville, isn’t necessarily its content. Other documentaries have tread similar ground with similar methods — the Netflix documentary “White Hot: The Rise & Fall of Abercrombie & Fitch,” for instance — which is to say that everything in “Brandy Hellville” has been reported before.Documentary participants allege that the company and its leaders, especially co-founder and owner Stephan Marsan, engaged in a host of terrible behaviors ranging from fat-shaming and exploitative…

On most mornings before the war, Suhail Al-Asaad, a body builder, could be found at his kitchen counter in Gaza City, eating an omelet of eight egg whites before speed-walking along the waterfront and heading to the gym to lift weights.That waterfront now lies in ruins. Mr. Al-Asaad and his family, like so many others, were displaced from their home by Israel’s intense bombardment and invasion and now sleep in a tent in Rafah, in the southern Gaza Strip. He spends his days struggling to find food for himself, his wife, their three children and his sick mother.Breakfast, of any…

West Ham, in the end, could not quite withstand the barrage. Bayer Leverkusen’s first goal — a Jonas Hofmann shot that picked its way through a thronged penalty area — broke its resistance. The second, a late, artful header from Victor Boniface, shattered its hopes. The club’s Europa League adventure will likely extend no further than the quarterfinals.Still, there is no great shame in that. Leverkusen is, of course, Europe’s great form team: on an unbeaten run that now stretches to 42 games, and on the verge of claiming its first German championship. Xabi Alonso, its estimable young coach, remains…

The first round of the tournament was delayed by rain, but the weather did nothing to dampen expectations for golf’s most unique tournament. Source link

Sarah Kristine Wood moved to Barcelona, Spain, in February 2022 to live her dream.“I had a strong feeling I needed to be in Barcelona,” said Ms. Wood, 27, who had studied there in college. She grew up in Brighton, Mich., and left her high-pressured job on the trading floor at Goldman Sachs in New York behind. “I had a conviction I would have a Spanish husband.”That March, she matched with Gustavo Adolfo González Leal, 32, who was born in Caracas, Venezuela, on the Bumble dating app, and “pre-warned” him that she was both a vegan and gave up alcohol a…

For more than a decade, the report found, the typical net price at private colleges has increased just for higher-income students. But that still doesn’t mean college is affordable for low- or moderate-income families. Students from families with incomes of less than $50,000 are still being asked to pay almost $25,000 to attend a typical private institution, the report found.“You do not need a Ph.D. to recognize that is not affordable,” Dr. Levine said in an interview.The net price at public colleges has also become more of a stretch for lower-income families. At public colleges, the typical net price that…

In “Anatomy of a Scene,” we ask directors to reveal the secrets that go into making key scenes in their movies. See new episodes in the series on Fridays. You can also watch our collection of more than 150 videos on YouTube and subscribe to our YouTube channel.In this sequence from the writer and director Alex Garland’s latest film, “Civil War,” about a modern-day conflict that has broken out in America, journalists making their way to Washington, D.C., stumble across a field set up with Christmas decorations. But the situation couldn’t be less festive. A sniper is set up in…

A grandmother taken captive during the Oct. 7 attack on Israel probably was killed when an Israeli helicopter, responding to the Hamas-led assault, fired on the vehicle in which she was being held, Israel’s military said on Friday.The revelation about the abduction of the grandmother, Efrat Katz, 67, came on the same day that Israeli military officials detailed failures that led to deadly airstrikes this week on a convoy of aid workers in Gaza.Ms. Katz’s kidnapping from Kibbutz Nir Oz on Oct. 7 was captured on video that showed her squashed in the back of a pickup truck along with…