G.O.P. Again Cedes Power on Tariffs to Avoid Crossing Trump
House Republicans extended a maneuver they engineered earlier in the year that effectively strips Congress of the power to disapprove of President Trump’s tariffs.
USA
Fed, under pressure to cut rates, tries to balance labor market and inflation – while avoiding dreaded stagflation
Interest rates are a tricky balancing act, as Fed Chair Jerome Powell knows well. AP Photo/Alex BrandonThe Federal Reserve is in a nearly impossible spot right now.
Does anyone go to prison for federal mortgage fraud? Not many, the numbers suggest
Go directly to jail? Not quite. Sergey Chayko/Getty Images PlusMortgage fraud is back in the news.
US women narrowed the pay gap with men by having fewer kids
Women typically earn less than men per hour that they work. MoMo Productions/DigitalVision via Getty ImagesWomen in the U.S. typically earned 85% as much as men for every hour they spent working in 2024. However, working women are faring much better than their moms and grandmothers did 40 years ago.
U.S. and China Reach ‘Framework’ for a TikTok Sale
Top economic officials met in Madrid for a second day, with deadlines looming on tariffs and a ban on TikTok in the United States if it is not sold by its Chinese owner, ByteDance.
U.S. and China Resume Talks on Tariffs and TikTok
Economic officials meeting in Madrid are seeking to head off a November tariff deadline.
Even professional economists can’t escape political bias
Republican-leaning economists tend to predict stronger economic growth when a Republican is president than Democrats do – and because of this partisan optimism, their forecasts end up being less accurate.
Did Britain Win the Trade War? Why It’s Tough to Declare a Victor.
Popular products from Britain and the European Union show how uneven and unpredictable U.S. tariffs have become, even when part of trade deals.
Hyundai ICE Raid Detained Workers With Short-Term Business Visas
Last week’s immigration operation at a battery plant highlighted a tactic that companies use to bring in foreign workers to establish new operations.
How Howard Lutnick Is Using Government Power to Pressure Private Companies
Commerce Secretary Howard Lutnick has been putting the squeeze on companies and trading partners in an unusual effort to raise revenue and expand the president’s role over the economy.
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