New York Times

1. For U.S., Unmet Expectations in Iran Fit a Familiar Pattern in the Region

   Iran’s military retaliation, along with the political defiance of its new leaders, evokes a decades-old pattern of unrealized goals for American interventions in the region.

2. U.S. Intelligence Saw No Change in Iran’s Missile Capabilities Before War

   On Wednesday, the director of national intelligence and C.I.A. director contradicted one of the justifications the Trump administration had given for its attacks on Iran.

3. Israel Has Killed Esmaeil Khatib, Iran’s Intelligence Minister

   The Israeli military said on Wednesday that it had killed Esmaeil Khatib in an airstrike. Iran confirmed the killing.

4. Fed Holds Rates Steady as War in Iran Upends the Economic Outlook

   Jerome H. Powell, the chair of the Federal Reserve, emphasized the high degree of uncertainty stemming from the conflict as he acknowledged the potential for surging energy prices to lift inflation and dent growth.

5. Powell Says He Will Remain as Fed Chair Until Successor Is Confirmed

   Jerome H. Powell, who leads the central bank, also said he would not leave the Fed until a criminal investigation into his handling of renovations was over.