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Excitement and Frustration Mix as the World Cup Comes to America

Astronomical ticket prices, soaring security costs and concern over traffic and transit snarls is mixed with pride in host cities and excitement over the U.S. team.

© Patrick T. Fallon/Agence France-Presse — Getty Images

The United States plays Paraguay on Friday in the first U.S.-hosted game of the World Cup, at SoFi Stadium near Los Angeles. FIFA is requiring stadiums to hide the logos of their corporate sponsors during the tournament.
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Oil Falls, Stocks Rise as Trump Signals Iran Peace Deal Takes Shape

Oil prices retreated and stocks rallied after President Trump called off plans for another day of strikes on Iran, saying that a peace deal could be within reach.

© Eli Hartman/Reuters

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Can’t Pay Medical Bills? Trump Administration Suggests Getting a Loan

One-third of Americans shoulder health care debt. Insurers are being asked to consider lending money to Obamacare consumers who can’t afford higher deductibles.

© Cig Harvey for The New York Times

Kathleen Capetta’s family of five is paying an additional $750 a month this year for its Obamacare plan premium. She was already paying off debt from cancer treatment.
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World Bank Warns Iran War Is Slowing Global Growth

The world economy is weakening as energy prices fuel a new bout of inflation.

© Arash Khamooshi/Polaris for The New York Times

An explosion after U.S.-Israeli airstrikes hit oil storage depots in Tehran. The war has tangled supply chains and caused oil, gas and fertilizer prices to gyrate for months.
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How Tesla’s Stock Listing in 2010 Enabled SpaceX’s I.P.O.

Investors who bought the automaker’s shares in its initial public offering became rich. As a result, many have a deep faith in Elon Musk, the chief executive of Tesla and SpaceX.

© Brendan McDermid/Reuters

During Tesla’s initial public offering in 2010, Elon Musk, the company’s chief executive, said, “The smartest money in the world is betting on Tesla.”
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Europe Raises Interest Rates as War Stokes Inflation

The European Central Bank raised interest rates for the first time since 2023. It expects inflation to run hotter than previously thought, and downgraded its forecast for economic growth.

© Samuel Aranda for The New York Times

The European Central Bank is expected to raise its forecast for inflation as the war pushes prices higher.
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Mamdani’s Nosebleed Knicks Ticket and the Benefits of Being Mayor

Mayor Zohran Mamdani paid roughly $1,000 for a standing-room-only ticket to Game 3 of the N.B.A. finals, using access to house tickets not available to regular fans.

© Vincent Alban for The New York Times

Mayor Zohran Mamdani attended the Knicks’ Game 3 loss in the N.B.A. finals with some former colleagues in the State Legislature.
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Trump Shrugs Off High Prices Amid Iran War and Says ‘I Love the Inflation’

As inflation outpaces workers’ wages, the Trump administration insists that its agenda is working.

© Doug Mills/The New York Times

Speaking at a bill signing on Wednesday, President Trump predicted that inflation would recede quickly, once the Iran conflict concludes.“ It’s going to come down like a rock.”
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Are You Traveling to the U.S. for the 2026 World Cup? We’d Like to Hear From You.

Tell us about your experience buying tickets, finding a place to stay, making travel arrangements and, if you’re coming to the U.S., dealing with entry requirements.

© Angela Weiss/Agence France-Presse — Getty Images

MetLife Stadium in New Jersey will be hosting eight World Cup matches.
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Latest Inflation Data Shows Airline Ticket Prices Up 27% From Last Year

Airfares shot up 27 percent from a year earlier in the latest inflation data.

© Jamie Kelter Davis for The New York Times

Airlines flagged concerns about rising fuel prices in their most recent earnings reports in April.
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Europe Watches Its Economic Recovery Fade Into the Distance

As the war in Iran persists, signs point to a prolonged period of higher prices and slower growth rather than a quick shock.

© Violette Franchi for The New York Times

A supermarket in Paris. For Europe, the economic drag is now forecast to last into next year.
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