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A Tidal Wave of Change Is Headed for the U.S. Economy
When the Covid pandemic hit, factories in China shut down and global shipping traffic slowed. Within a matter of a few weeks, products…
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United States Politics and Government
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Car Prices Expected to Rise as Tariffs on Parts Kick In
The United States imposed 25 percent tariffs on imported auto parts on Saturday that could sharply raise prices for new and used vehicles…
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Trump Says He’s ‘Taking Away’ Harvard’s Tax Exempt Status
Harvard University signaled Friday that it would resist President Trump’s renewed threat to revoke the school’s tax-exempt status, a move…
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Trump Proposes $163 Billion in Cuts Across Government in New Budget
President Trump on Friday proposed slashing $163 billion in federal spending next fiscal year, a drastic retrenchment in the role and…
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NPR and PBS Vow to Fight Trump’s Order to Cut Funding
President Trump’s executive order to defund NPR and PBS was met with fiery pushback on Friday, as the organizations challenged the…
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Stock Market on Track to Erases Losses From Trump’s ‘Liberation Day’ Tariff Rollout
Stocks were on track on Friday to erase their losses from the days after President Trump’s chaotic rollout of tariffs in early April,…
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Republicans Wrestle With Trump’s Demands for Tax Cuts
It was easy to miss, but last weekend President Trump floated a fundamental rewrite of the American tax code. In a social media post, and…
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Tips for Navigating the ‘Chaotic System’ of Student Loan Repayments
So you’re about to graduate from college. Congratulations. But now you have to think about finding a job and, sooner than you may prefer,…
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US Hiring Stayed Strong Amid Early Days of Tariff Policy, Jobs Report Shows
U.S. employers added 177,000 jobs in April, the Labor Department reported on Friday. The unemployment rate was unchanged at 4.2 percent.…
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Exxon and Chevron Report Lower Profits While Girding for Tariffs
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout…
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Trump Ends Chinese Tariff Loophole, Raising the Cost of Online Goods
The Trump administration on Friday officially eliminated a loophole that had allowed American shoppers to buy cheap goods from China…
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U.S. Prosecutors Accuse Large Insurers of Paying Kickbacks for Private Medicare Plans
The Justice Department on Thursday accused three of the nation’s largest health insurers of paying hundreds of millions of dollars in…
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Amazon Says Operating Profits May Decline Amid Economic Uncertainty
As much as Amazon may have wanted to dodge the spotlight in President Trump’s trade war, there was no avoiding it for America’s largest…
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Tesla Chair Denies That Board Sought to Replace Elon Musk
The chair of Tesla’s board of directors denied a report that the company had begun to look for a replacement for Elon Musk, the chief…
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Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs
European carmakers, including Mercedes-Benz, Stellantis and Volkswagen, said Wednesday that the chaos and upheaval caused by the tariffs…
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Under Trump, Stocks Have the Worst Start to a Presidential Term Since 1974
One hundred days of President Trump. Seventy days of whipsaw trading in financial markets. Thirty three days of losses. More than $6.5…
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Do CEOs Dare Risk Tariff Transparency, and Draw Trump’s Fury?
Trump’s price war At a rally in Michigan last night, President Trump declared that “we’re ending the inflation nightmare.” But corporate…
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Trump’s Cuts to Science Funding Could Hurt U.S. Economy, Study Shows
Cutting federal funding for scientific research could cause long-run economic damage equivalent to a major recession, according to a new…
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Corporation for Public Broadcasting Sues White House to Block Board Firings
The Corporation for Public Broadcasting sued the Trump administration on Tuesday, accusing it of illegally trying to fire three members of…
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Secret Deals, Foreign Investments, Presidential Policy Changes: The Rise of Trump’s Crypto Firm
The pitch from “ZMoney” arrived on the encrypted messaging app Signal just days before Donald J. Trump’s presidential inauguration.…
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UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come…
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White House-Amazon Spat Culminates in Trump Calling Bezos ‘Very Nice’
President Trump’s 100th day in office started with what seemed to be a fresh and fast-escalating spat between the White House and Amazon.…
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How Trump May Unintentionally Cut Carbon Emissions
President Trump has expressed little interest in fighting climate change. One of his key cabinet officials has even sought to evaluate…
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Federal Watchdog Reveals Dozens of Inquiries Into Trump’s Withholding of Funds
An independent federal watchdog has opened more than three dozen investigations into the Trump administration to determine if it has…