Today's Headlines: Behind Wall Street’s Abrupt Flip on Crypto

National Guard Ramps Up D.C. Presence as Trump Threatens to Extend Takeover

View in browser August 14, 2025, 4:10 a.m. Eastern time Top News Behind Wall Street's Abrupt Flip on Crypto The reversal risks declawing a century of consumer financial protections and replacing the backbone of bank accounts. D.C. Federal Deployment Ramps Up as Protesters Converge on Police Checkpoint The Army expects up to 200 soldiers out on the capital's streets within the next few days at any given time in support of federal law enforcement. After Reassuring Europe, Trump Strikes a Different Tone About Russian Threats Hours after presenting a united front with allies, President Trump warned Vladimir V. Putin of "severe consequences" if Russia refuses to end the war in Ukraine. But he also suggested that he has limited power to alter the Russian leader's behavior. Editors' Picks They Want You to Get Off Your Couch, and Go Set a World Record When it comes to mass-participation events, would-be record setters are finding it harder than ever to draw a crowd. But it's still fun to try. Opinion | Some Democrats Panicked Over Mamdani. Obama Called Him. Obamaworld seems interested in understanding Zohran Mamdani's sudden rise to prominence. World Europe's Leaders Say They've Agreed With Trump on a Strategy for Russia Talks Chancellor Friedrich Merz and several allies played host to President Trump for a video call, the latest in a summer-long effort to hold ranks in supporting Ukraine. Ministers Take Jabs at Israel's Military Chief as Gaza Plan Stokes Tension Lt. Gen. Eyal Zamir has pushed back against a proposal to control Gaza City, according to officials. One hard-right member of the government suggested he could be dismissed. Top Iranian Official Visits Lebanon as Hezbollah Bucks Calls to Disarm The visit by Ali Larijani, the head of Iran's top security body, came as the Lebanese government moves to disarm Hezbollah, the militant group that has long been Tehran's most powerful regional ally. See more world news U.S. Republican Ex-Candidate Sentenced to 80 Years in Prison for Shooting Plot Solomon Peña, who lost a bid for a seat in the New Mexico Legislature in 2022, was found guilty in March of orchestrating the attacks against state Democrats. Hispanic Democratic Officials in Texas Plead Not Guilty to Voter Fraud Texas' attorney general, Ken Paxton, has now used his "election integrity unit" to indict 15 Latino Democrats under a 2021 statute that outlawed delivering ballots for other voters. Man Charged With Assaulting Federal Agent With Sandwich in D.C. A video showed a man repeatedly calling a group of officers "fascists" before throwing a sub sandwich at one. See more U.S. news Politics Trump Administration Can Withhold Billions in Aid, Appeals Court Rules In a 2-to-1 vote, a federal appeals court panel ruled that foreign aid groups that sued to recover funds that President Trump froze cannot challenge the decision. Trump Misstates Washington Crime Data to Justify Takeover The president cited a number of false and misleading claims about homicides and youth crime in the nation's capital. Trump Names Kennedy Center Honorees and Says He Will Host Ceremony The president has taken a strong interest in the Kennedy Center's affairs ever since naming himself chairman in February, when he restocked its traditionally bipartisan board with loyalists. See more political news Business Trump Warns of Economic Disaster if Court Strikes Down Tariffs The president has crowed about the billions of dollars collected so far from tariffs. That money could be at risk if the White House loses the legal battle. Bessent Has Yet to Fully Divest Assets, Raising Concern at Ethics Agency The Treasury secretary has been slow to shed assets, including farmland, posing potential conflicts of interest. A Hollywood Start-Up Targets the Micro Drama Craze A new app will focus on super-short TV shows shot for phones, a bit like Quibi, an earlier app aimed at quick content. See more business news Technology Companies Are Pouring Billions Into A.I. It Has Yet to Pay Off. Corporate spending on artificial intelligence is surging as executives bank on major efficiency gains. So far, they report little effect to the bottom line. Trump Has Made Himself Commander in Chief of the Chip Industry President Trump has become the semiconductor sector's leading decision maker, from new fees on exports to China to a brief demand for a C.E.O.'s firing. See more technology news Arts Historians Alarmed by White House Plan to Oversee Smithsonian Exhibits The Trump administration's plan to, in effect, audit the content of Smithsonian museums drew criticism from groups that represent scholars and promote free speech. Beyoncé Wins First Emmy for N.F.L. Halftime Show The pop superstar received a costume design award for her Netflix football halftime performance tied to her "Cowboy Carter" album. What Does It Mean to Be a Woman in Power? A Ballet Looks to Two Queens. "Mary, Queen of Scots," a new commission by Scottish Ballet, puts both her historical tale and contemporary views in motion. See more arts news New York Ex-Governor Switches Back to Eric Adams in New York City Mayor's Race Former Gov. David Paterson, who had endorsed his successor, Andrew Cuomo, in the Democratic primary, said he believed Mr. Adams "would run the city the best." Man Charged With Harassing Family of Slain UnitedHealth C.E.O. Shane Daley of Galway, N.Y., left mocking and threatening messages for a family member of Brian Thompson, who was fatally shot in Manhattan last year, according to charges filed Wednesday. New York City Companies All but Stopped Hiring in First Half of the Year Fewer than 1,000 private-sector jobs were added, the slowest growth in the labor market outside a recession and the pandemic since 2003. See more New York news Food Meat Is Back at Eleven Madison Park, After 4 Vegan Years The Manhattan restaurant drew global praise and skepticism with its climate-minded, all-plant menu. Now its chef wants to be more welcoming — and popular. Put a Tomato in Your Martini A little time and a few bar essentials can turn the summer's best produce into a drink you won't soon forget. It's Always the Season for Lemon Spaghetti With Roasted Artichokes This weeknight pasta comes together with ease — especially if you use an air fryer to burnish your canned or frozen artichoke hearts. See more food news Science How Scientists Are Using Drones to Study Sperm Whales A new tagging method called tap-and-go allows researchers to gather more data on the health and behavior of whales, with less disruption. Trump Administration Scraps Research Into Health Disparities In its campaign against "woke" science, the N.I.H. has closed down studies and programs focused on the gaps between racial and socioeconomic groups. Alaskan River Reaches Record High From Melting Glacier An overflowing glacial lake caused a surge in the Mendenhall River on Wednesday, prompting flood alerts and evacuations in Juneau. See more science news Magazine Strawberry Picking Is Thankless Work. That's What Makes It Worth Watching. On TikTok Live, workers stream video of themselves doing manual labor, providing glimpses of the human effort that powers our world. Fast, Fresh Lettuce Wraps Feel Special Wherever You Are This Cantonese dish, a classic on banquet tables, is easy enough to make at home. See more magazine news Well Homeless and Burning in America's Hottest City As the summer heat becomes increasingly extreme in Phoenix, people who can't escape the sun are suffering third-degree burns, heatstroke and dehydration. U.S. Drinking Drops to New Low, Poll Finds The results signal a shift after a recent uptick in drinking among middle-aged adults in particular. See more on Well Real Estate A Race to Save a Signature American Tree From a Deadly Disease Beech leaf disease has already made its way to 15 states and into Ontario, with alarming results. Escondido, Calif., a Showcase for Fire-Resilient Building "Affordable" by California standards, this San Diego suburb is the site of a new community developed with fire preparedness in mind. See more real estate news Fashion & Style A Talisman for Tasteful Travelers Its fans include Anjelica Huston and the Row founders, Mary-Kate and Ashley Olsen. What Does It Mean to Be Chopped? As younger generations continue to adopt new slang, a familiar word has become a meanspirited adjective. Ralph Lauren, 'The Gilded Age' and Black Affluence Recent portrayals of the Black elite have shown the complexities that can come with representing class. See more fashion news T Magazine A Fictional Killer Is Now a Style Icon. Are People Missing the Joke? Patrick Bateman, the titular 'American Psycho', was written as satire. He's also the inspiration for a new perfume and bar. Coldblooded Accessories for a Hot Summer Snakeskin patterns add an elegant touch to structured purses. See more on T Magazine Obituaries Billy Howton, Top Green Bay Packers Receiver in the '50s, Dies at 95 He retired as the N.F.L.'s leading career receiver but was soon surpassed. In retirement, he went to prison for bilking investors in an $8 million fraud. Leonard Tow, Cable TV Magnate and a Major Philanthropist, Dies at 97 Once on the Forbes 400 list of richest Americans, he donated substantially to the arts, higher education, hospitals and criminal justice reform. Mario Paglino, 52, and Gianni Grossi, 54, Die; Designers Made Barbies Into Art They transformed dolls into one-of-a-kind pieces that sold for thousands of dollars. A married couple, they died in a car crash in Italy. See more Obituaries Opinion M. Gessen The Fundamental Truth About U.S. Strategy That Putin Knows and Trump Ignores Trump is giving Putin a most wonderful gift. Jamelle Bouie Why Trump Always Wants a Crisis If the actual conditions of reality will not give him a state of exception, he'll create one himself. Guest Essay Trump Thinks He Is the C.E.O. of Everything. Awesome. Our commander in chief has decided to also command the Fortune 500. Guest Essay In 'And Just Like That …' a Craven Era Took Its Revenge on Youth and Hope and Fun Every generation gets the "Sex and the City" version it deserves. Guest Essay The Trump Choice That's Uniting Many Economists Against It Most of us just accept that government economic data is the best possible estimate of the economy. That could change, and that would be bad for all of us. Guest Essay We Used to Think the Military Would Stand Up to Trump. We Were Wrong. The president and his allies have reshaped the military for their own purposes. Nicholas Kristof Mr. President, Stop Coddling Putin Ukrainians are heroes. It's time that Trump started acting like it. See more Opinion If you received this newsletter from someone else, subscribe here. Need help? Review our newsletter help page or contact us for assistance. You received this email because you signed up for Today's Headlines from The New York Times. To stop receiving Today's Headlines, unsubscribe. 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