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    China Signals Confidence in Economy Despite Sluggish Growth and U.S. Trade War

    As Chinese leaders meet in Beijing, they are striking a confident posture in the face of pressure and uncertainty from the United States.China’s top leaders sought to project confidence in the country’s economy on Wednesday despite sluggish growth, an escalating trade war with the United States and growing geopolitical uncertainty caused by the Trump administration.The government will aim to expand China’s economy by “around 5 percent” this year, said Premier Li Qiang, China’s highest-ranking official after Xi Jinping, at the opening of the annual session of the country’s rubber-stamp legislature.“Achieving this year’s targets will not be easy, and we must make arduous efforts to meet them,” Mr. Li said, acknowledging that the economy faced many challenges. But he struck a positive note about the country’s prospects, saying: “The underlying trend of long term economic growth has not changed and will not change. The giant ship of China’s economy will continue to cleave the waves and sail steadily toward the future.”The meeting in Beijing, called the National People’s Congress, is a tightly scripted political pageant, showcasing how Mr. Xi plans to lead China through what he has often described as “great changes unseen in a century” around the world.That vision includes lifting China’s technological prowess and self-reliance and beefing up its military capabilities so it can dominate the Asia-Pacific region. It is focused on strengthening the ruling Communist Party’s grip on power by making national security a priority for all facets of Chinese society.Security at the legislative session, which brings around 3,000 delegates to the Great Hall of the People, is also a top priority. Uniformed and plainclothes police and soldiers were posted at several checkpoints on major roads near the venue and on pedestrian bridges, while entrances at nearby subway stations were temporarily closed.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    ‘Daredevil: Born Again’ Review: Can You Fight City Hall?

    The sort-of-rebooted series from Marvel and Disney+ pits the blind vigilante against a chaos-inducing, revenge-minded office holder.In the new Marvel series “Daredevil: Born Again,” the gangster Wilson Fisk — a felon preoccupied with status, profit and revenge — embarks on a dark-horse, fear-mongering election campaign. It is for mayor of New York, not president of the United States, but the real-life resonance is hard to miss.And as the season, which premieres Tuesday on Disney+, proceeds through its nine episodes, the sense of familiarity only grows. The spuriously-populist Mayor Fisk rules by executive fiat, sidelines anyone who tries to rein him in and cultivates an atmosphere of violent chaos.Yes, Fisk, also known as the Kingpin, first became mayor of New York in the “Daredevil” comic books on which the series is based, and nothing in “Born Again” is at odds with his previous portrayals. But this is not a coincidence of character or timing. Long before the blind crime-fighting vigilante Daredevil intones, “This is our city, not his, and we can take it back,” it is clear that “Born Again” is summoning the specter of Donald Trump — perhaps as a statement of resistance, perhaps as a dramatic convenience, probably both.The problem is that in this case, real life has become stranger than fiction. “Born Again” is a deluxe comic-book adaptation, meticulously produced and filmed, and on that level it will delight a lot of people. But while it tries to get at something meaningful about social tumult, it does not rise above conventional comic-book ideas or emotions. It doesn’t carry the shock of the real.Within the multiverse of Marvel TV series, “Born Again” has a complicated provenance. “Daredevil” was one of the six shows made for Netflix, beginning a decade ago; it ran for three seasons and ended in 2018. After Marvel began making series for Disney+, the stars of the old show — Charlie Cox as Daredevil (real name Matt Murdock), and Vincent D’Onofrio as Fisk — popped up as supporting players in “Hawkeye” and “Echo,” biding their time.Now their new show is here, sort of a reboot and sort of a new season, with story lines that more or less track. If you haven’t checked in since the original “Daredevil” and certain things puzzle you, such as why Fisk is not in jail, then you may want to watch “Hawkeye” and “Echo.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Dozens of Canadians Are Charged in $21 Million ‘Grandparent Scam’

    The conspirators called older adults and posed as their grandchildren in need of bail money after a fake arrest, federal prosecutors said.They sat in call centers in Montreal and targeted older Americans, claiming to be grandchildren in need of bail money after an arrest. In all, federal prosecutors said, more than two dozen Canadians defrauded hundreds of vulnerable Americans out of $21 million over three years in what the authorities called a “Grandparent Scam.”On Tuesday, the U.S. Attorney’s Office in Vermont announced that 25 Canadian nationals had been charged with conspiring to defraud Americans in 45 states. All of those accused are from Ontario or Quebec, and 23 had been arrested in Canada as of Tuesday afternoon, prosecutors said.According to prosecutors, the conspirators placed phone calls from centers in and near Montreal between the summer of 2021 and June 4, 2024, as part of the scheme.“Today’s arrests are the result of domestic collaboration as well as our critical international partnerships with our colleagues in Canada, Sûreté du Québec and the Royal Canadian Mounted Police,” Michael J. Krol, a special agent for Homeland Security Investigations in New England, said in a statement on Tuesday. “Tackling transnational crime is one of our greatest priorities and we’re working hand-in-hand with our neighbors to dismantle organized criminal groups that threaten our safety and security.”The call centers were managed by five Canadians who were charged with money laundering in addition to the conspiracy charge that all of those charged face, according to court records.“These individuals are accused of an elaborate scheme using fear to extort millions of dollars from victims who believed they were helping loved ones in trouble,” Mr. Krol said in the statement.The conspirators also told the older adults that there was a “gag order” that prevented them from discussing their relative’s predicament with other family members, the U.S. attorney’s office said.The callers used a variety of tactics to obtain money from the older Americans, according to court records. The most common tactic was to pose as a young relative who had just been arrested after a car accident.After the victims turned over the money, it was eventually transmitted to Canada, the authorities said, noting that some of the transactions involved cryptocurrency.The 25 Canadians whose indictments were unsealed on Tuesday joined nine Americans who had previously been charged in the “Grandparent Scam,” the authorities said.Contacts for those charged or their lawyers were not immediately available.If convicted, the five managers would face a maximum of 40 years in prison, while the other alleged conspirators would face a maximum of 20 years in prison.The F.B.I. warned that grandparent schemes targeting older adults are common. One such scheme figured in the plot of the 2024 movie “Thelma,” starring June Squibb, which followed a 93-year-old woman on a journey to reclaim the money that had been stolen from her. More

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    Nicole Shanahan Puts Money Into Effort to Recall Karen Bass

    Nicole Shanahan, who pumped millions into Robert F. Kennedy Jr.’s campaign last year and joined him on the ticket, is now backing an effort to remove Mayor Bass of Los Angeles.The first serious effort to recall Mayor Karen Bass of Los Angeles after the city’s devastating fires is taking shape, with financial backing from Nicole Shanahan, who was Robert F. Kennedy Jr.’s running mate in last year’s presidential election.Ms. Shanahan’s involvement in the push to remove the mayor was disclosed on the bottom of a website for the Recall Karen Bass Committee, which listed her as the sole donor providing “major funding.” Ms. Shanahan did not immediately respond to a request for comment.Ms. Shanahan, a onetime Silicon Valley lawyer, could bring financial firepower to the effort: She has a fortune in the realm of $1 billion that stems largely from her divorce settlement with Sergey Brin, the Google co-founder. She has also demonstrated a willingness to pour her wealth into politics, spending more than $15 million to support Mr. Kennedy’s campaign.Ms. Bass has come under pressure for her handling of the enormous wildfires that struck Southern California in January, destroying thousands of homes as fire hydrants ran out of water. She has also faced criticism for being out of the country when the fires hit.Those hoping to recall Ms. Bass must first clear several hurdles, however. Once their campaign is approved, they must gather 330,282 valid signatures of Los Angeles voters to qualify the question for the ballot. Ms. Shanahan said last month that she believed it would cost $4 million to collect 400,000 signatures.And in recent years, several attempts to remove officials in Los Angeles have failed to gather enough signatures to make the ballot. In 2022, a high-profile effort to recall George Gascón, the district attorney at the time, did not collect enough valid signatures. Attempts to recall Los Angeles City Council members have also failed.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Why Trump’s Speech to Congress Tonight Isn’t a State of the Union Address

    President Trump’s address later on Tuesday to a joint session of Congress may look like a State of the Union speech and sound like a State of the Union speech, but it will not be one — at least not technically.Under the Constitution, the president is mandated “from time to time” to “give to the Congress information of the state of the union.” None other than George Washington delivered the first such speech in 1790.Since then, however, the injunction has been interpreted in various ways. Some presidents, especially in the 19th century, delivered written addresses to Congress. Others did not deliver an annual address, while some also chose to speak at the end of their terms.But starting with former President Ronald Reagan in 1981, all presidents have delivered high-profile speeches to Congress shortly after their inauguration, and then again each year.Those speeches early in the term are not considered State of the Union addresses, and the American Presidency Project at U.C. Santa Barbara flags them with an asterisk in its roundup of presidential speeches to Congress.The organization argues that the distinction makes little difference.“The impact of such a speech on public, media and congressional perceptions of presidential leadership and power should be the same as if the address was an official State of the Union,” it said. More

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    What is Trump’s Crypto Reserve Plan?

    The prospect of using taxpayer money to stockpile cryptocurrencies in a national reserve has drawn criticism from lawmakers and investors.The crypto market gives and takes: After President Trump’s plan for a national crypto reserve drew backlash from both Republicans and investors, the prices of digital tokens that would be involved soared higher — and then tumbled. (Bitcoin was trading at about $83,800 early on Tuesday, down nearly $10,000 from a day ago.)The plan has spurred a lot of questions about how it would work and the risks that would be involved.How would a national reserve work?Mr. Trump campaigned last summer on creating a federal Bitcoin stockpile and appointed the venture capitalist David Sacks as his crypto czar. Advisers have suggested holding on to any Bitcoin the government has already seized from criminals, recently estimated at about $17 billion.A bill proposed by Senator Cynthia Lummis, Republican of Wyoming, would direct the government to buy about 200,000 Bitcoin a year over five years, for a value of about $90 billion. (To help pay for that, the bill proposes taking $4.4 billion out of the Federal Reserve’s surplus, cutting into the Treasury Department’s coffers.) Of course, the digital token’s prices would probably rise in anticipation of those federal purchases.One unknown is whether Mr. Trump, in the face of divisions among Republican lawmakers on the idea of a reserve, would seek to test legal limits on his authority and create one unilaterally.Would taxpayer money be involved?That prospect drew the most criticism. Joe Lonsdale, a financier and Trump supporter, said it was “wrong to tax me for crypto bro schemes.” Another investor called the proposal an “unforced error” that would “enrich the insiders and creators of these coins at the expense of the U.S. taxpayer.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Vast Storm Knocks Out Power in North Texas

    The storm is expected to intensify, bringing the threat of blizzards, tornadoes and damaging winds across the central and southern United States.More than 380,000 customers in North Texas were without power on Tuesday morning as a powerful storm with strong winds swept across the region.The storm, part of a system that stretched from Iowa to Texas, was expected to strengthen as it moved east on Tuesday. Warnings were in place for blizzards in the Plains and severe storms across the South, with damaging gusts, hail and possible tornadoes forecast from eastern Oklahoma to Alabama.Flights into Dallas-Fort Worth International Airport were briefly halted, and about 10 percent of departing flights out of the airport were canceled as of Tuesday morning, according to FlightAware, which tracks flight data.A severe thunderstorm warning was in effect in Texas until 8:30 a.m. local time, including for the cities of Palestine, Fairfield and Buffalo, according to the National Weather Service.In southern Oklahoma, more than 20,000 customers were without power, according to the tracking site poweroutage.us. A mobile home in Ada, Okla., was destroyed after a possible tornado hit, according to KOCO-TV, a television station in Oklahoma City. More

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    Harper Lee’s Early Short Stories to Be Published for the First Time

    Before she published “To Kill a Mockingbird,” Lee had written short stories in which she explored some of its themes and characters.For years before she published “To Kill a Mockingbird,” Harper Lee wrote short stories with themes that she would later explore in that now-classic novel: small town gossip and politics, tender and tense relationships between fathers and daughters, race relations.She tried and failed to get them published. Scholars and biographers have long thought the stories were lost or destroyed.But Lee was a meticulous archivist. She stashed the typescripts of the stories, along with the rejection letters, in her New York City apartment, where her executor discovered them after her death in 2016.This fall, those stories will be published for the first time in a collection titled “The Land of Sweet Forever.” The book, out on Oct. 21 from Harper, includes eight previously unreleased stories and eight pieces of nonfiction that Lee published in various outlets between 1961 and 2006, including a profile of her friend, the writer Truman Capote, a cornbread recipe and a letter to Oprah Winfrey.Lee’s nephew, Edwin Conner, said that he and other members of her family were thrilled that the stories were preserved, and can now reach a wide audience. The estate decided to publish them in 2024, according to Harper.“She was not just our beloved aunt, but a great American writer, and we can never know too much about how she came to that pinnacle,” Conner said in a statement released by Harper.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More