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.
USA
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.
New Tariff on ‘Transshipped’ Goods Mystifies Importers
The Trump administration levied a hefty tariff on goods that are moved through other countries, but it has not yet fully explained its plans.
Bureau of Labor Statistics tells the US what’s up with the economy – Trump firing its top official may undercut trust in its data
Isador Lubin, chief of the Bureau of Labor Statistics, presents data to a Senate committee in 1937. Library of CongressMany financial and political analysts are trying to assess the impact of President Donald Trump’s decision to fire U.S. Bureau of Labor Statistics Commissioner Erika McEntarfer on Aug.
Staggering U.S. Tariffs Begin as Trump Widens Trade War
The duties, which the president announced last week, took effect for about 90 countries just after midnight.
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