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How Mark Zuckerberg Pushed Meta to Shield Him From California’s Proposed Wealth Tax

The billionaire told Meta’s board that he planned to list his Silicon Valley home for sale. The company remade its stock structure to help him pay the tax if voters pass it.

© Victor Llorente for The New York Times

Mark Zuckerberg, the chief executive of Meta, at his home in Lake Tahoe, Calif. He has another California home in Palo Alto, close to Meta’s headquarters.
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A ‘Doom Loop’ Threatens France as Populism Confronts Markets

The turmoil shows the profound challenges facing governments stuck between unhappy citizens and wary bond investors.

© Abdul Saboor/Reuters

Police officers during civil unrest in Paris on Sunday.
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Indonesian Stocks Plunge as MSCI Threatens to Drop Market from Indexes

The potential downgrade by MSCI, an influential index provider, adds to a deepening crisis of investor confidence in the economic policies of Indonesian President Prabowo Subianto.

© Ajeng Dinar Ulfiana/Reuters

An display at the Indonesia Stock Exchange in Jakarta on Friday.
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