China Announces Record Trade Surplus as Its Exports Flood World Markets

China’s surplus reached $1.19 trillion last year, a 20 percent increase from 2024, as Beijing kept the currency weak and pursued self-reliance to replace imports.The production line at a car factory in Hangzhou, China, in October. Exports to the United States fell, but rose to much of the rest of th

K Keith Bradsher

As Trump Pushes Housing Affordability, His Mortgage Chief Undermines It

Under Bill Pulte, Fannie Mae and Freddie Mac have pulled away from efforts to help low-income people buy homes.The Federal Housing Finance Agency has been repealing rules, firing teams of people focused on fair lending and climate risk, and reducing the agency’s focus on low-income home buyers.

L Lydia DePillis

How ICE Crackdowns Set Off a Resistance in American Cities

In Minneapolis and other cities where federal agents have led immigration crackdowns, residents have formed loose networks to track and protest them.Activists in Minneapolis have been following federal agents as they carry out the Trump administration’s immigration operation.

J Julie Bosman

‘We’re Not Stupid’: Greenlanders Fear What a U.S. Takeover Would Mean

A visit to Greenland reveals a swirl of feelings as people nervously await talks with the Trump administration about the island’s future.Nuuk’s old harbor, Greenland, on Tuesday. People on the island have reacted with shock, anger, confusion and fear to President Trump’s interest in buying or taking

J Jeffrey Gettleman and Maya Tekeli

Trump’s Threats to Greenland Raise Serious Questions for NATO

The treaty that created NATO did not contemplate an attack by one ally on another. A seizure of Greenland by President Trump would test the endurance of the mutual-defense pact.A frozen corner of the main fishing harbor in Nuuk, the capital of Greenland.

L Lara Jakes

U.S. Refiners to Profit as Trump Asserts Control Over Venezuelan Oil

The companies that turn oil into gasoline and diesel are likely to benefit more, right away, than the businesses that pump oil out of the ground.A Valero Energy refinery in Houston. U.S. refining companies are poised to profit if more Venezuelan oil starts flowing to the United States.

R Rebecca F. Elliott

Venezuela Envoy to Visit U.S. for First Official Trip in Years

Félix Plasencia, an envoy of the interim government, will travel to the United States on the day the opposition leader María Corina Machado is to meet President Trump.Félix Plasencia, then Venezuela’s foreign minister, in Caracas, Venezuela, in 2022.

A Anatoly Kurmanaev

Jodie Foster: An American Oscar-Winner in Paris

In “A Private Life,” the actress takes on her first solo lead role in which she speaks fluent French, but her French connection goes all the way back to childhood.To prepare for her role in ”A Private Life,” Foster read French books aloud at home and then turned up in Paris to immerse herself in Fre

E Elaine Sciolino and Benjamin Malapris

Saks Files for Bankruptcy as Department Stores Fight for Survival

The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.Saks Fifth Avenue in New York City was founded in 1924 as a jewel of American retail. The store stands across the street from Rockefeller Center.

K Kim Bhasin, Vanessa Friedman and Lauren Hirsch

What the Bankruptcy of Saks Means for You

Answers to this and other questions about the financial crisis in America’s biggest luxury department store.Saks Fifth Avenue, one of the country’s most storied luxury department stores, has filed for bankruptcy protection.

V Vanessa Friedman and Jacob Bernstein

A Timeline of Protests in Iran

Amid a near-total communications blackout, witness footage trickling out of Iran paints a picture of how the country’s largest uprising in decades spread — and turned deadly.

M Monika Cvorak and Sanjana Varghese

Chuck Schumer Calls His Shot

After securing strong recruits on a tough Senate map, the Democratic leader is not only predicting an upset 2026 victory, but also naming the states he thinks his party can flip.Senator Chuck Schumer of New York has been under intense pressure within the Democratic Party, but he has managed to secur

S Shane Goldmacher