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Prices surged 9.1 percent in June as consumers faced rapidly rising costs for gas, food and rent, a higher than expected reading and bad news for Americans at a moment when their wages are falling further behind the nation’s soaring cost of living. The fresh data contained particularly worrying signs…

New York’s plan for renovating and expanding Pennsylvania Station in Manhattan will produce only enough revenue to cover about half of the improvements to the shabby station, a new financial analysis concluded. A shortfall that big would require the state to come up with more than $3 billion from other…

There’s an old story about Charles Darwin, which may or may not be true but seems appropriate to our current economic moment. According to the tale, two boys glued together pieces of various insects — a centipede’s body, a butterfly’s wings, a beetle’s head and so on — then, as…

If something changed inside me that day, I didn’t feel it. But my behavior did change. Like many poor people, we were subject to the uncertainty and chaos that comes with a lifetime of bad jobs and worse landlords, and we moved often. The next time we moved, I was…

COLOMBO, Sri Lanka — Police and military forces used tear gas to try to disperse a growing crowd outside the office of Sri Lanka’s prime minister, who was the top leader in the country after the president fled. Protesters tried to push through the gates of the office of the…

Bashing Saudi Arabia during a presidential election season is almost a tradition in the United States, and President Biden was no exception. Emboldened by domestic outrage over the murder of the journalist Jamal Khashoggi and the Saudi-led intervention in Yemen, Mr. Biden went further than his predecessors by calling Saudi…

In a 15-month period between 2020 and 2021, an estimated 13 to 19 percent of the world’s population of sequoia trees were killed or mortally wounded, according to a report by the National Park Service. The number is especially staggering, scientists say, given how few died in the preceding centuries….

As Russia pushes to find new buyers for its oil to skirt ever tougher Western sanctions, it is cutting into the market share of two of its allies — Iran and Venezuela — and setting off a price war that could hurt them all. The competition for sales to Asia…

The universe was born in darkness 13.8 billion years ago, and even after the first stars and galaxies blazed into existence a few hundred million years later, these too stayed dark. Their brilliant light, stretched by time and the expanding cosmos, dimmed into the infrared, rendering them — and other…

WASHINGTON — Senator Joe Manchin III’s opposition to government incentives for electric vehicles is a sticking point in negotiations over President Biden’s tax and spending package — talks that appear to be coming to a head this week after months of fits and starts. Mr. Biden and most Senate Democrats…