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Five Questions for Jerome Powell, the Fed Chair

Succession drama, legal intrigue and political independence: These are top issues that DealBook would ask of the Federal Reserve chairman.

© Haiyun Jiang for The New York Times

Jay Powell, the Fed chair, is expected to face tough questions at today’s news conference.
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Welcome to Spain

Today we look into a country that’s handling the issue of undocumented migrants in a starkly different way.

© Emilio Morenatti/Associated Press

Harvesting nectarines in Spain.
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Rubio to warn that US is ‘prepared to use force’ in Venezuela if leaders stray from goals

Secretary of state does not rule out further US military action in Venezuela, according to prepared remarks

The Trump administration is ready to take new military action against Venezuela if the country’s interim leadership strays from US expectations, according to Marco Rubio, the US secretary of state.

In prepared testimony for a hearing before the Senate foreign relations committee, Rubio says the US is not at war with Venezuela and that its interim leaders are cooperating, but he notes that the Trump administration would not rule out using additional force following the capture of Nicolás Maduro early this month.

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© Photograph: Evan Vucci/AP

© Photograph: Evan Vucci/AP

© Photograph: Evan Vucci/AP

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Labour risks election wipeout unless it improves Britain’s high streets, study finds

Decay of town centres a top issue among voters, especially Reform UK supporters, and is fuelling resentment against Westminster

Labour will be “washed away in a tide of discontent” at the next general election unless it tackles the decline of Britain’s high streets, a study has warned, as Guardian analysis lays bare the changing face of town centres.

Research by the University of Southampton found people feel high streets have declined more than any other part of their local area over the past decade as household brands collapsed and shoplifting rose.

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© Photograph: Maureen McLean/REX/Shutterstock

© Photograph: Maureen McLean/REX/Shutterstock

© Photograph: Maureen McLean/REX/Shutterstock

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