Asian Stocks Lower After Wall Street Tumbles

(NEW YORK) — Former Abercrombie & Fitch CEO Michael Jeffries, his romantic partner and a third man were arrested Tuesday on sex trafficking and interstate prostitution charges, a spokesperson for federal prosecutors said. Details of the criminal charges weren’t immediately available. They follow sexual misconduct allegations, made in civil lawsuits and the media, from young people who said Jeffries lured them with promises of modeling work and then pressed them into sex acts. [time-brightcove not-tgx=”true”] Jeffries’ attorney, Brian Bieber, said by email he would “respond in detail to the allegations after the indictment is unsealed, and when appropriate, but plan to do so in the courthouse — not the media.” Jeffries and his partner, Matthew Smith, were arrested in Florida and were due to make an initial court appearance Tuesday afternoon in West Palm Beach.

As Donald Trump campaigns for a second term in the White House, he’s made a series of promises about revitalizing the U. S. economy. His message centers on a radical shift in trade policy, plans to eliminate taxes on tips and Social Security benefits, and a proposal to significantly reduce the corporate tax rate.

(WASHINGTON) — For the past year, Project 2025 has endured as a persistent force in the presidential election, its far-right proposals deployed by Democrats as shorthand for what Donald Trump would potentially do with a second term at the White House. [time-brightcove not-tgx=”true”] Even though the former president’s campaign has vigorously distanced itself from Project 2025 — Trump himself declared he knows “nothing” about it — the sweeping Heritage Foundation’s proposal to gut the federal workforce and dismantle federal agencies aligns closely with his vision.

Weight-loss drugs like Wegovy and Zepbound are transforming the health of millions of people—and a new study hints that even more could benefit from the drugs’ other effects on the body. A study published recently in the journal Addiction shows that people with substance-use disorders who take these weight-loss drugs are less likely to experience opioid overdose or alcohol intoxication compared to those not taking the medications.

Political and business media, pundits, and experts continue to cite prediction market odds as a credible forecast for the upcoming presidential election, regularly pointing to betting odds on prediction markets such as Polymarket, Kalshi, PredictIt, and Interactive Brokers as a guide to who is up and down in the horse race – but that is a big mistake.

Today, TIME convenes the first-ever TIME100 Health Leadership Forum in New York City, featuring conversations with leaders taking action toward a world with sustainable and accessible healthcare solutions. The TIME100 Health Leadership Forum will bring together individuals driving innovation and creating equitable initiatives within the health sector. Featured speakers include: Former White House Senior Director and Special Assistant to the President of the United States Dr.