Today's Headlines: The Dollar Has Its Worst Start to a Year Since 1973
California Democrats Agree to Roll Back Landmark Environmental Law
View in browser
The New York Times
Today's Headlines

July 1, 2025, 4:15 a.m. Eastern time

Top News

The Dollar Has Its Worst Start to a Year Since 1973

It has continued to slide even as President Trump has backed down from his tariff threats and the U.S. stock market has recovered from its losses.

California Rolls Back Its Landmark Environmental Law

Gov. Gavin Newsom and state lawmakers scaled back a law that was vilified for its role in California’s housing shortage and homelessness crisis.

Trump Administration Highlights: White House Presses for Trump’s Big Bill as Senators Trudge Through Votes

Editors’ Picks

Seven Chaotic Months in the Life of a New Federal Judge

Amir Ali joined the D.C. Federal District Court just weeks before Trump took office. It’s been tumultuous ever since.

Opinion | How to Wreck the Nation’s Health, by the Numbers

The administration's cuts to the Department of Health and Human Services are going to do irreparable harm to the nation’s health.

World

Cartel Fighters Make a Desperate Alliance That Could Transform Underworld

The Sinaloa Cartel, the world’s most-feared fentanyl trafficker, is reeling from an internal war and a U.S.-Mexican crackdown. Its fate could upend global criminal networks.

Gulf States Lead Push to Invest in New Syria

The fall of the Syrian dictator Bashar al-Assad has opened a window for wealthy Gulf countries to expand their influence as the sway of Iran diminishes.

Dangerous Heat Grips Much of Europe, With More to Come

A punishing heat wave broke records in southern Europe and hasn’t peaked yet in some places, prompting warnings to residents, employers and tourists to alter their habits.

See more world news

U.S.

‘Completely Disrupted’: Fear Upends Life for Latinos in L.A.

Anxiety over federal immigration detentions has gripped thousands of residents in the area and led many to limit the time they spend in public.

Surprise Plea Deal Is Reached in Idaho Murder Case

Bryan Kohberger, a former criminology student, is charged in the stabbing deaths of four University of Idaho students. Prosecutors said they had reached a plea agreement that avoids the death penalty.

Victim of Boulder Firebombing Attack Dies of Wounds

The death of Karen Diamond, 82, has turned the attack in Boulder, Colo., on marchers for Israeli hostages into a possible death-penalty case.

See more U.S. news

Politics

E.P.A. Workers Warn Trump Is Politicizing Their Work

In a public letter, employees of the Environmental Protection Agency accused the administration of engaging in unlawful partisan activity and endangering public health.

Trump Lifts Sanctions on Syria, Tightening His Embrace of Its New Leader

U.S. officials said sanctions against targets such as its central bank would end, but they would remain on Syria’s former dictator, Bashar al-Assad.

Blackburn Backs Down on A.I. Moratorium Compromise

Senator Marsha Blackburn said in a statement that she was pulling her support for an amendment to the Senate’s domestic policy package, one that she had worked on with Senator Ted Cruz.

See more political news

Business

There’s a Race to Power the Future. China Is Pulling Away.

Beijing is selling clean energy to the world, Washington is pushing oil and gas. Both are driven by national security.

The Summer Job, a Rite of Passage for Teens, May Be Fading Away

As businesses face economic uncertainty, seasonal work is harder to find, pushing the unemployment rate for teenagers above 13 percent.

Trump’s Tariffs May Push This American Company to Move Jobs to China

The experience of a company in the textile business illustrates how the trade war could force some industries to shift production out of the United States.

See more business news

Technology

How Do You Teach Computer Science in the A.I. Era?

Universities across the country are scrambling to understand the implications of generative A.I.’s transformation of technology.

He Made Billions on Google and PayPal. Now, He’s Betting on News.

Michael Moritz co-founded The San Francisco Standard, a local news organization. It is acquiring Charter, a start-up focused on the future of work.

See more technology news

Arts

‘The Bear’ Is Back, but Where’s the Beef?

The restaurant’s business challenge in Season 4 — balancing comfort food and haute cuisine — is also a metaphor for the show’s creative issues.

8 Key Text Exchanges at the Sean Combs Trial

The words sent between the mogul and his girlfriends have been cited as crucial evidence by both sides in a case that turns on whether sex marathons he directed were coercive.

In Ashton’s ‘Sylvia,’ Ballerinas Get to Be Like Wonder Woman

Hunting bows in hand, a new generation of dancers takes on the multifaceted role at American Ballet Theater.

See more arts news

New York

N.Y.C. Rent Board Approves 3% Increase, Rejecting Calls for Freeze

Mayor Eric Adams, who appointed the Rent Guidelines Board, has attacked Zohran Mamdani’s pledge to freeze the