Biden Cements TSMC Grant Before Trump Takes Over
The White House is racing to finish grant agreements for chip manufacturers, but some of its biggest successes might be credited to the Trump administration....
Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said....
Republicans and Democrats Highly Divided in Economic Outlook Under Trump
Consumer sentiment among Republicans has soared to its highest point since Donald J. Trump left the White House, while declining among Democrats....
NLRB Bars Mandatory Anti-Union Meetings After Amazon Draws Complaint
The ruling, stemming from a complaint against Amazon, bars companies from compelling workers to attend meetings on unionization’s downsides....
How Trump’s Immigration Plans Could Affect the Economy
Expelling noncitizens on a mass scale is likely to raise prices on goods and services and lower employment rates for U.S. workers, economists say....
Why Trump’s Victory Is Fueling a Market Frenzy
Investors have been comforted by a clear election result and are anticipating tax cuts and deregulation from a second Trump administration....
Europe Braces for Trump: ‘Worst Economic Nightmare Has Come True’
The United States is the biggest trading partner for the European Union and Britain, whose economies could be at risk from the president-elect’s policies....
Mortgage Rates Fell, Then Rose. What Comes Next?
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall...
Trump’s Economic Plans Could Worsen Inflation, Economists Say
Many Americans fretted about inflation as they headed out to vote. But Donald J. Trump’s approach comes with risks of a renewed boost....
Trump Is Expected to Upend Biden Labor Policies Favoring Unions
After gains by organized labor under President Biden, a second Trump administration is likely to change course on regulation and enforcement....
Could Trump’s Tariffs Lead to Higher Prices? Here’s What to Know.
The president-elect says that tariff is “the most beautiful word in the dictionary.” You may be hearing it a lot....
Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear
The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty....
Trump’s Win Shows Limits of Biden’s Industrial Policy
Long-term economic investments in domestic manufacturing were overshadowed by real-time anxiety over rent and grocery prices....
House Committee Targets Chip Technology Firms for China Ties
It requested information from a handful of firms that make chip manufacturing possible about their commercial ties to China....
Trump’s Tax Proposals Face a Fiscal Reckoning
Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas....
What Trump’s Win Means for the Federal Reserve and Jerome Powell
Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?...
Another Jolt of Uncertainty for a Global Economy Mired in It
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms....
Democrats Got the Recovery They Wanted. It Wasn’t Enough.
America’s economic growth is the envy of its global counterparts. But voters wanted more from the Biden administration — specifically, lower prices....
GDP Report Shows US Economy Grew at 2.8% Rate
In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter....
U.S. Farmers Brace for New Trump Trade Wars Amid Tariff Threats
Despite their concerns, some farm operators still support the former president and prefer his overall economic plan....
New Jersey Democrats Work to Flip House Seat
Sue Altman, a Democrat, has focused on reproductive rights as she seeks to unseat a Republican incumbent, Representative Thomas Kean Jr., in a New Jersey...
Can Democrats Win Back Voters From Trump on Trade Policy?
The Biden administration has pursued a big shift in trade policy, but it’s not clear whether that will be enough to win votes....
Walmart Holiday Shopping Plans Are Laid Months Before Black Friday
To prepare for ever-longer shopping season, thousands of employees were assembled for a retail jamboree in Florida’s August heat....
The Jobs Report on Friday May Be a Fluke and a Political Football
Economists expect the October data to show unusually weak job creation. But hurricanes and strikes may account for much of the shortfall....
New York State Chosen as National Center for Chip Manufacturing Research
The Biden administration will place a hub of a newly created national semiconductor technology center in upstate New York....
Working-Class Voters Are Pivotal. Both Candidates Are Vying for Their Support.
Kamala Harris’s plans offer a bigger boost for the working class, but Donald Trump seems to be convincing voters....
U.S. Factory Towns Laid Low by the ‘China Shock’ Are Benefiting From New Investments
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs....
Boeing Reaches New Deal With Union in Hopes of Ending Strike
The aerospace manufacturer’s largest union said it would put the contract to a vote on Monday by its 33,000 members, who rejected two earlier agreements....
Inflation Is Basically Back to Normal. Why Do Voters Still Feel Blah?
Consumers still give the economy poor marks, though the job market is strong and price increases have faded for months....
Polls Show Trump’s Edge Shrinking on Voters’ Top Issue: The Economy
It remains priority No. 1 for many voters, particularly those who are still undecided, according to Times/Siena polling. But can Kamala Harris translate her gains...
How Elon Musk Might Use His Pull With Trump to Help Tesla
Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits...
G.M.’s Electric Vehicle Sales Surge as Ford Loses Billions
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal....
Trump’s Vast Tariffs Would Rock Global Businesses and Shake Alliances
Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the...
Have Paychecks Kept Up With the Cost of Living?
On average, pay has risen faster than prices in recent years. But the overall picture is complicated — and it’s not just facts versus “vibes.”...
Can Harris’s Economic Plans Sway Small Business Owners to Vote Democratic?
Kamala Harris has leaned in with promises to aid start-ups, but proprietors are often more focused on taxes and regulations....
Alabama Prison Labor Program Faces Legal Challenges
A work-release program for Alabama prisoners provides labor for corporations and income for the state. Lawsuits are challenging its constitutionality....
Global Economic Leaders Confront a New Era of Industrial Policy
Policymakers brace for more protectionism and the demise of “neoliberalism” if Donald J. Trump is re-elected in the U.S....
Russia Raises Interest Rate to 21 Percent, Its Highest in Decades
Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices....
‘Trump Trade’ of Large Tariffs and Deficits Looms as Market Braces for 2024 Election
As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals, yields on Treasury debt have risen....
I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats
The International Monetary Fund said protectionism and new trade wars could weigh on growth....
Boeing Union Workers Reject New Contract and Extend Strike
The vote, hours after Boeing reported a $6.1 billion loss, will extend a nearly six-week-long strike at factories where the company makes its best-selling commercial...
G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets
The economic lifeline is expected to be disbursed by the end of the year....
California Tribal Casinos May Sue to Curb City Card Rooms
A new state law allows tribes to file suit against gambling venues they don’t operate, potentially shuttering them and jeopardizing local tax revenue....
Yellen Rebukes Chinese Lending Practices in Call for Debt Relief
In an interview, the Treasury secretary also highlighted progress at the World Bank and the International Monetary Fund ahead of annual meetings this week....
The Best Books About the Economy to Read Before the 2024 Election
The brightest minds explore the issue at every level, from the levers that control inflation to the best way to achieve work-life balance....
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”...
Meet Michelle Bowman, the Fed Official Cited by JD Vance
Michelle Bowman, a Trump-appointed Fed official recently cited by JD Vance, has been gaining prominence....
How Is the Economy for Black Voters? A Complex Question Takes Center Stage.
Donald J. Trump has been talking up his economic record for Black voters. The legacy of the last eight years is complicated....
Trump Keeps Promising New Tax Cuts. Other Republicans Are Wary.
Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary....
Yellen to Warn Sweeping Tariffs Would Ignite Inflation
The Treasury secretary plans to criticize former President Donald J. Trump’s economic proposals in a speech....
With $32 Billion in Aid, Native Americans Push Against History of Neglect
A pandemic relief bill set aside long-term funds for tribal lands that have lacked the tax revenue, and infrastructure, to spur businesses and wealth....
How Kamala Harris’s Economic Plan Has Been Shaped by Business Leaders
The vice president has repeatedly incorporated suggestions from business executives into her economic agenda....
Trump Says ‘Growth’ and Tariffs Will Pay for $15 Trillion Agenda
In a combative interview, the former president hinted at even higher tariffs as an economic magic bullet....
Nobel Economics Prize Awarded to Daron Acemoglu, Simon Johnson and James Robinson
Daron Acemoglu, Simon Johnson and James Robinson shared the award for their work on explaining the gaps in prosperity between nations....
Russian Oil Flows Through Western ‘Price Cap’ as Shadow Fleet Grows
A report shows how Russia has largely evaded sanctions aimed at limiting its revenue from oil sales....
Led by Believers in the City’s Future, Detroit Is on the Rebound
Once the largest city in the U.S. to declare bankruptcy, this Midwestern metropolis is now thriving. But some obstacles still remain....
How Mizzou Football Is Benefiting From State N.I.L. Laws
A state law allowing high schoolers to earn from endorsements, if they commit to attending a public university in Missouri, has helped Mizzou attract blue-chip...
Trump Blames Immigrant Surge for Housing Crisis. Most Economists Disagree.
The former president often implies that deportations will bring down housing costs. Reality is more complicated....
Global Trade Grows but Remains Vulnerable to War and Geopolitics
New reports from the World Trade Organization and a Washington think tank showed how robust global trade could quickly be derailed by violence....
Amazon Could Be Forced to Treat Drivers as Employees
Amazon’s delivery system depends on third-party companies. But labor regulators have challenged that model, possibly opening the way for unionization....
Boeing and Workers Dig In for a Long Fight, Despite Strike’s Cost
Nearly a month into a union walkout, the aerospace giant withdrew its latest contract offer, and the two sides exchanged blame over the breakdown....
Fed Officials Debated Whether a Big Rate Cut Was Smart in September
Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates....
Trump and Harris Want to Revive Manufacturing, but How Much Could They Actually Do?
The policy focus on the industry has changed from job quantity to job quality. And while federal incentives matter, local factors are more important....
As Hurricanes Persist, Soaring Insurance Costs Hit Commercial Real Estate
Struggling landlords and developers are seeking leeway on coverage from their lenders — mostly in vain....
Trump’s Plans Could Increase National Debt Twice as Much as Harris’s Proposal
A new analysis finds that Vice President Kamala Harris and former President Donald J. Trump’s plans would both add to the deficit, but Mr. Trump’s...
E.V. Tax Credits Are a Plus, but Flaws Remain, Study Finds
The Inflation Reduction Act was a compromise between competing priorities. Evaluating the law on the effectiveness of the $7,500 tax credit for E.V.s is tricky....
The Whiskey Industry Is Bracing for a Trade War if Trump Wins. It’s Not Alone.
Business owners and foreign governments are preparing for high tariffs and trade disruptions, depending on the outcome of the election....
A Strong Jobs Report Suggests the Economy Is More Resilient Than We Thought
After months of wobbling, a fresh jobs report showed that hiring and wage growth are strong, aligning with other robust economic data....
Jobs Report Gives Kamala Harris Another Boost
Recent reports have shown inflation slowing and the economy growing at a robust clip. The Fed has also cut interest rates, bringing mortgage rates down....
Port Strike’s End Is an Economic Relief to Savannah, Ga.
The Georgia city is a picturesque tourist destination. It’s also the No. 2 ocean cargo hub on the East Coast, and the dock strike’s quick...
Ports Rush to Reopen After Dockworker Strike Is Suspended
Days after tens of thousands of longshoreman along the East and Gulf Coasts walked out, their union and their bosses reached a tentative agreement on...
U.S. Labor Market Shows Unexpected Strength, Adding 254,000 Jobs in September
U.S. employers added 254,000 jobs in September, a sign that economic growth remained solid. The unemployment rate fell to 4.1 percent....
Union Agrees to Suspend Port Strike
The International Longshoremen’s Association received a new wage offer and will halt its walkout at East and Gulf Coast ports, which began Tuesday....
U.S. Faces Economic Turbulence Just as Recession Fears Eased
War in the Middle East, a strike by port workers and a devastating hurricane have injected uncertainty into the U.S. economy....
U.S. Raises New Concerns Over Chinese Lending Practices
A Treasury official will call for greater transparency over emergency currency “swap” loans to struggling countries by China’s central bank....
Hurricane Helene Deaths Will Continue for Years, Study Suggests
Research on hundreds of tropical storms finds that mortality keeps rising for more than a decade afterward, for reasons you might not expect....
Dockworkers’ Strike Halts Commerce at Newark Port, Affecting the Supply Chain Ecosystem
The strike by longshoremen has halted commerce at Newark and other ports on the East and Gulf Coasts, affecting an ecosystem of supply-chain workers....
Biden Scrambles to Contain Economic and Political Fallout of Port Strike
The labor dispute has forced President Biden and Vice President Kamala Harris into a complicated position just weeks before the election....
Port Strike Begins on East and Gulf Coasts
Members of the International Longshoremen’s Association walked out for the first time since 1977 in a standoff over wages, benefits and job security....
Powell Points to Two More Normal-Size Rate Cuts This Year
Jerome H. Powell, chair of the Federal Reserve, said that central bankers will lower rates as much as needed, but have forecast two more quarter...
An East Coast Port Strike Could Shake the Economy
Businesses are preparing for a strike by dockworkers on the East and Gulf Coasts, which could begin Oct. 1 if negotiations don’t yield a new...
U.S. Economy Had Stronger Rebound From Pandemic, G.D.P. Data Shows
Updated figures show that gross domestic product, adjusted for inflation, grew faster in 2021, 2022 and early 2023 than previously reported....
The Fed’s Preferred Inflation Gauge Cooled in August
Inflation is slowing so much that some economists said it could pave the way for another big Fed rate cut, if other data suggest one...