US Poverty Rate Was Stable in 2024, as Household Income Rose Slightly
As pandemic subsidies disappeared, wages kept workers just ahead of inflation, although gaps have widened for some groups.
New York Times
A Second Weak Jobs Report Challenges Trump’s Claim the Economy Is Booming
After a bad employment report in August, President Trump fired the official in charge of the numbers. This month’s data was just as disappointing.
U.S. Imports Rose in July Following Months of Trade Turmoil
Trade rebounded slightly after President Trump’s sweeping global tariffs discouraged foreign countries from doing business with the United States, data released Thursday showed.
Trump Signals Imminent Supreme Court Appeal to Protect Tariffs
The president said he would seek expedited review of a federal appeals court’s ruling that found many of his administration’s tariffs to be illegal.
Nothing Could Topple the ‘Queen of Heels.’ Then Trump Came Along.
The president’s steep tariffs and erratic moves have turned manufacturing abroad into a minefield, even for entrepreneurs who set up in countries viewed as safe alternatives to China.
Trump Family Profits Even With Tepid Launch of Crypto Tokens
World Liberty Financial’s cryptocurrency token fell short of investors’ hopes. But a previous deal paved the way for a payment to the Trump family of potentially hundreds of millions of dollars.
How Trump Could Gain Control of the Fed
President Trump’s attempt to fire Lisa Cook has laid bare the erosion of the Federal Reserve’s independence, which could lead to economic consequences for Americans, The New York Times’s chief economics correspondent explains.
Trump’s Sweeping Tariffs Invalidated by Appeals Court
The decision is a big blow to President Trump’s trade policies, but the judges left the duties in place for now to allow time for a likely appeal to the Supreme Court.
The A.I. Spending Frenzy Is Propping Up the Real Economy, Too
The trillions of dollars that tech companies are pouring into new data centers are starting to show up in economic growth. For now, at least.
Lisa Cook Defies Trump Bid to Fire Her as Fed Governor
Ms. Cook said that she would not resign from the Board of Governors, hours after President Trump announced he was firing her.
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