Jobs Report Could Provide Overdue Clarity on Uncertain Economy
Employers added 64,000 jobs in November, according to data delayed by the government shutdown, but the unemployment rate rose to a four-year high of 4.6 percent.
New York Times
Europe May Roll Back Combustion Engine Ban
A proposal to revise an E.U. law requiring carmakers to stop producing combustion engines by 2035 would offer some relief to automakers, but it sets back the region’s climate goals.
Jobs Report Could Provide Overdue Clarity on Uncertain Economy
Hiring and unemployment data for November will offer a snapshot of a cooling job market buffeted by President Trump’s policies.
Trump’s Nvidia Chip Deal Reverses Decades of Technology Restrictions
President Trump’s decision to allow Nvidia to sell its chips to China has raised questions about whether he is prioritizing short-term economic gain over long-term American security interests.
U.S.-U.K. Trade Deal Hits Stumbling Block
The U.S. government has paused a tech-focused trade pledge with Britain over broader disagreements about Britain’s digital regulations and food safety rules.
Trump’s $100,000 H-1B Fee Faces Lawsuit
California and New York are among the states arguing that the Trump administration’s decision to charge that fee for skilled foreign workers is illegal.
Businesses Are Cashing In on Trump’s Tax Cuts
Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it.
Cooling Labor Market and Elevated Inflation Stoke Fed Divisions on Rate Cuts
Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point.
Trump’s Tariffs Shrank the U.S. Trade Deficit in September
The monthly trade deficit fell to its lowest level in five years after the president’s imposition of sweeping global tariffs. But it’s unclear whether the trend will persist.
Trump Doesn’t Want to Talk About Affordability. Democrats Say That’s a Gift.
The president continues to brush off an issue that he said he would solve in his first months in office. Some Democrats say he is making the same mistake as his predecessor.
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