Trump Aides Raise Recession Fears, and Point Fingers at the Fed
Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts.
USA
Small Businesses Gear Up for Tariff Fight at Supreme Court
Companies that sell diamonds, plant sensors and wine all have one thing in common: They are weighing in against tariffs in a consequential case.
Declining union membership could be making working-class Americans less happy and more susceptible to drug overdoses
Protesters gather at a union-organized rally outside the U.S. Capitol in February 2025. Allison Robbert/AFP via Getty ImagesWhen fewer people belong to unions and unions have less power, the impact goes beyond wages and job security. Those changes can hurt public health and make people more unhappy.
Singles’ Day is a $150B holiday in China. Here’s why I think ‘11/11’ will catch on in the US
On Nov. 11 each year, a curious holiday takes over China. What began among Nanjing University students in the 1990s as a tongue-in-cheek counter to Valentine’s Day has exploded into the world’s largest shopping event: Singles’ Day.
Diane Keaton’s $5M pet trust would be over the top if reports prove true – here’s how to ensure your beloved pet is safe after you are gone
Diane Keaton loved her dog, Reggie.
Bessent Plans to Attend Tariff Arguments at the Supreme Court
Treasury Secretary Scott Bessent dismissed the idea that his presence could be seen as an attempt to intimidate the court on a case that President Trump considers vital to his economic policy.
This Trillionaire Economy Thrived in a Global Order Trump Is Ditching
Poland and other countries across Europe that found economic success in an era of collaboration are now facing a crumbling of international alliances.
Are Wealth Taxes the Best Way to Tax the Ultra Rich?
Plans for a wealth tax, which is dividing France, have gotten popular around the world as inequality has widened and government debt has risen.
Will Trump’s Tariff Deal Tilt the Playing Field Back Toward China?
The president’s trade truce with China has lowered U.S. tariffs to a level that could pause a longer-term effort to reduce America’s dependence on Beijing.
Congress has been dodging responsibility for tariffs for decades – now the Supreme Court will decide how far presidents can go alone
On Nov. 5, the U.S. Supreme Court will hear one of the most consequential trade cases in decades. The justices will decide whether a president can rely on a Cold War–era emergency law, the International Emergency Economic Powers Act, to impose sweeping import duties on a vast share of what the United States buys from abroad.
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