Ted Cruz and Other Senate Republicans Question Trump’s Tariffs
One of the president’s allies warns that the trade barriers could hurt American business and consumers. But he has yet to take any real steps to reverse them.
Companies pause US IPO plans as Trump tariffs tank markets
Market for public listings had begun to show some signs of life but fallout from levies has forced groups to hold off
‘Wait, Baby, Wait’: Slumping Oil Prices Reflect Economic Worries
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.
U.S. Employers Added 228,000 Jobs in March, but Outlook Is Clouded
The gain was stronger than expected, though the impact of President Trump’s tariffs and other policies on the labor market has yet to play out.
Hedge funds hit with steepest margin calls since 2020 Covid crisis
Banks ask clients to stump up additional money as global market sell-off knocks value of holdings
FEDS Paper: Energy Consumption and Inequality in the U.S.: Who are the Energy Burdened?
Octavio M. Aguilar and Cristina Fuentes-AlberoUsing a broad definition of energy consumption that includes both residential energy use and gasoline for transport, we identify 20% of households in the PSID as energy burdened (EB) based on a twice-the-median, income-based threshold. Logit analysis shows that being nonwhite, being single with dependents, receiving public assistance, having no post-secondary education, and being unemployed increase the probability of being EB.
Shop smarter, not harder. How gentle messaging can help the planet more than tough talk
Heavy-handed messaging? Andy Soloman/ShutterstockFast fashion is booming, but so is its environmental toll. With up to 10% of global carbon emissions linked to the industry, the over-consumption of cheap clothing has made sustainability campaigns more vital than ever.
Gender pay gap widens at Lloyds Bank and Nationwide
Median gap between men and women at large UK employers fell below 9% for the first time last year
Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase in the price level does not become an ongoing inflation problem.”
Nintendo Delays Switch 2 Preorders, Citing Trump’s Tariffs
The new video game console will still be released in June, the Japanese company said. Its price was unveiled as $450 this week.
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