The A.I. Spending Frenzy Is Propping Up the Real Economy, Too
The trillions of dollars that tech companies are pouring into new data centers are starting to show up in economic growth. For now, at least.
The trillions of dollars that tech companies are pouring into new data centers are starting to show up in economic growth. For now, at least.
Ms. Cook said that she would not resign from the Board of Governors, hours after President Trump announced he was firing her.
Leaders in Britain and the European Union are promoting the promise of economic benefits from increased military spending, but there is a trade-off.
The fate of Lisa Cook, who is fighting attempts by President Donald Trump to remove her from the Federal Reserve’s Board of Governors, has huge implications for a keystone of good economic policy: central bank independence.
The tariffs would hamper a clean energy industry that the president has often railed against.
When more than 1,300 people at the U.S. State Department lost their jobs in a mass firing this summer, most headlines focused on what it meant for American diplomacy. But the layoffs are about more than embassies and foreign policy – they could also make it harder for U.S. companies to compete in global markets.
The outspoken wrestler attends a news conference in 2014.
President Donald Trump waves goodbye to reporters following a meeting with the Teamsters in 2024. Chip Somodevilla/Getty ImagesDuring the 2024 election campaign, the Republican Party’s historically fraught relationship with organized labor appeared to be changing.
A New York philanthropist and personal assistant to billionaires, Matthew Christopher Pietras, allegedly stole millions from his employers and donated large sums to prominent charities to maintain a facade of status, wealth and generosity.
Two big assumptions underlie President Donald Trump’s attack on diversity, equity and inclusion policies. The first is that discrimination against people of color is a thing of the past.