COVER STORY This issue: As the world both celebrated and mourned in 2025, the camera saw it all. HOMEWARD BOUND—As many as 300,000 displaced Gazans streamed northward on Jan. 27, after Israel reopened the Netzarim corridor, which bisects the Gaza Strip.  Carrying their belongings in plastic bags and flour sacks slung over their backs, they were returning to homes that had likely been reduced to rubble during 16 months of war…To understand the world we live in, read TIME.

How major banks like JPMorgan are rethinking their climate strategies. This spring, as global markets gyrated, some of the world’s most influential investors and executives sat in a Scottsdale, Ariz., conference room engaged in deep discussion. But rather than President Donald Trump’s tariffs, the 120 attendees were focused on the future of energy, climate, and sustainability. Across the conference ballroom were individuals representing a combined $4.3 trillion in market capitalization and $4.2 trillion in assets under management…

Sweet dreams are more like a pipe dream when 12 a.m. turns into 2 a.m.— and you still can’t stop worrying about all the work you have to do, the bills you need to pay, the argument you had with your sister, and the feeling that you maybe, probably, definitely are going to die sooner than you should because of a lack of sleep. Experts say almost everyone experiences this kind of middle-of-the-night panic at some point. “The most basic and common reason why we get…