Trump Warns of Economic Disaster if Court Strikes Down Tariffs
The president has crowed about the billions of dollars collected so far from tariffs. That money could be at risk if the White House loses the legal battle.
USA
Trump Extends China Tariff Truce by Three Months
President Trump’s order continues a reprieve from the threat of escalating tariffs and export controls, which rocked the global economy earlier this year.
Labor Day and May Day emerged from the movement for a shorter workday in industrial America
It took more than a century for Chicago's Haymarket Square to get this memorial to the historic labor strife that occurred there. Jeffrey SklanskyMost of the world observes International Workers’ Day on May 1 or the first Monday in May each year, but not the United States and Canada.
Car Companies Are Paying Tariffs So You Don’t Have To
But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.
Stephen Miran, Trump’s Temporary Pick at the Fed, Could Have a Lasting Effect
Stephen I. Miran may spend only a few months on the central bank’s board of governors, but in that time he can influence the discussions around interest rates and who will become the institution’s next leader.
Trump Names EJ Antoni New BLS Commissioner
President Trump fired the Bureau of Labor Statistics chief earlier this month after a downbeat jobs report. The move has raised concerns about the credibility of economic data going forward.
US has slashed global vaccine funding – if philanthropy fills the gap, there could be some trade-offs
Bill Gates gives a baby in a woman's arms a rotavirus vaccine in Ghana in 2013. Pius Utomi Ekpei/AFP via Getty ImagesThe U.S.
Small Businesses Brace for the Punishing Side Effects of Trump’s Tariffs
Large firms with big bank balances, workers already in jobs and households near the top of the income ladder will have an easier time navigating the economic waves.
What Lobsters and Chickens Reveal About Europe’s Trade Strategy
The European Union struck a trade deal that protected political priorities, like chicken and beef standards, while allowing headline-grabbing concessions. Consider lobsters.
Trump Is Removing Billy Long as the I.R.S. Head 2 Months After He Was Confirmed
Billy Long, a former Republican congressman, will no longer serve as the tax agency’s head. Treasury Secretary Scott Bessent will oversee the agency as acting commissioner.
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