Why Haven’t Trump’s Tariffs Had a Bigger Impact?
Steep import taxes have raised prices and affected U.S. businesses, but not quite as much as expected. A new report offers some reasons.
New York Times
Trump Has a New Auto Loan Tax Break. Here’s Who Could Benefit.
Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only modest savings.
Trump Administration Downplays A.I. Risks, Ignoring Economists’ Concerns
The administration has downplayed concerns — from mass job losses, to a potential financial bubble — as President Trump cheers soaring stock prices and faster growth.
U.S. Coast Guard Pursues Oil Tanker Linked to Venezuela
The latest vessel to be targeted by the United States in its pressure campaign on Venezuela was sending distress signals as it headed northeast from the Caribbean into the Atlantic.
Why Middle-Class Americans Say Life Is Unaffordable
Economists say that a typical middle-class family today is richer than one in the 1960s. Americans in their 20s and 30s don’t believe it.
‘A Singularly Turbulent Time’: Deeper Uncertainty in Store for Global Economy
A reordering of the rules of trade, set on top of transformational change in technology, demographics and climate, is remaking jobs, politics and lives.
U.S. Inflation Slowed to 2.7% in November as Shutdown Distorts Data
Data collection issues skewed the latest Consumer Price Index report, economists warned, clouding the picture for the Federal Reserve as it also grapples with a cooling labor market.
What to know about the report.
The Federal Reserve will get an updated read on U.S. inflation on Thursday with the release of last month’s Consumer Price Index.
Trump Dangles Cash Payments to Assuage Affordability Concerns
With tariffs unpopular and prices still high, the White House has teased the promise of tariff rebates and large tax refunds next year.
U.S. Threatens Penalties Against European Tech Firms Amid Regulatory Fight
The Trump administration singled out European tech firms by name and promised economic consequences Tuesday unless the E.U. rolls back tech regulation and lawsuits.
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