A Loss at Mercedes-Benz Slows U.A.W.’s Southern Campaign
After suffering a setback at two Mercedes-Benz plants in Alabama on Friday, the United Automobile Workers union’s efforts to organize other auto factories in the...
Walmart Earnings Boosted by ‘Upper-Income’ Shoppers
The Numbers: Sales grew in stores and especially online. Walmart said its comparable-store sales in its U.S. business rose 3.8 percent from the quarter a...
Few Chinese Electric Cars Are Sold in U.S., but Industry Fears a Flood
The Biden administration’s new tariffs on Chinese electric vehicles won’t have a huge immediate impact on American consumers or the car market because very few...
Inside the Rent Inflation Measure That Economics Nerds Love to Hate
There’s a three-letter abbreviation that economists have started pronouncing with the energy of a four-letter word: “O.E.R.” It stands for owner’s equivalent rent, and it...
Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before
Jerome H. Powell, the Federal Reserve chair, reiterated Tuesday that policymakers were poised to hold interest rates steady at a high level as they waited...
What Forecasters Say About Interest Rates (and Why They Disagree)
How soon is soon? Or exactly how much later is later? As the year started, there was a widespread view among economists and on Wall...
U.S. Awards $120 Million to Polar Semiconductor to Expand Chip Facility
Federal officials will provide up to $120 million in grants to Polar Semiconductor to help the company expand its chip manufacturing facility in Minnesota, the...
U.S. to Announce New Tariffs on Chinese Electric Vehicles
The Biden administration is set to announce new tariffs as high as 100 percent on Chinese electric vehicles and additional import taxes on other Chinese...
Why Higher Fed Rates Are Not Totally Off the Table
Investors do not expect the Federal Reserve to raise interest rates again, and officials have made it clear that they see further increases as unlikely....
How 401(k) Drives Inequality – The New York Times
This past January, another bipartisan collaboration — between Alicia Munnell, who was an economist in the Clinton administration and who now serves as the director...