The Treasury secretary urged executives and entrepreneurs to look beyond the Trump administration’s trade agenda.
Category: Labor and Jobs
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The Fed Isn’t Likely to Cut Rates Proactively Despite Economic Concerns. Here’s Why.
The U.S. central bank is set to reinforce its wait-and-see approach at its meeting this week as President Trump’s tariffs begin to bite.
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Newark Airport Is Experiencing Major Flight Delays. What’s Causing Them?
Staffing shortages at an air traffic control center have added to the effects of a runway closure, prompting United Airlines to cut flights at the hub.
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Stock Market on Track to Erases Losses From Trump’s ‘Liberation Day’ Tariff Rollout
Wall Street has recovered from April’s sharp sell-off, buoyed by hope for trade talks. But the economic fallout from President Trump’s policies still has investors on edge.
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US Hiring Stayed Strong Amid Early Days of Tariff Policy, Jobs Report Shows
The picture of a steady job market, even if backward looking, reassured investors worried about a trade-induced economic slowdown.
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Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
The central bank is bracing for President Trump’s tariffs to dent growth while stoking inflation, keeping interest rate cuts at bay for now.
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Penske Shakes Up Leadership of South by Southwest
The festival’s longtime president is leaving the festival, as are about 10 others. Its owner, Penske Media, told staff members about the changes on Friday.
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New Data Provide a Pre-Tariff Snapshot of a Stable but Slowing Labor Market
But the effects of the levies, which have created uncertainty for businesses, have not yet been fully felt.
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F.D.A. Scientists Are Reinstated at Agency Food Safety Labs
After 20 percent of the agency’s work force was cut, federal health officials have decided to bring back some experts and review firings to fill gaps in critical roles.
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Can China Fight Deflation and Trump’s Tariffs at the Same Time?
China is facing a double whammy: corrosive deflation and tariffs that threaten to block trade. Chinese workers will be the biggest casualties.
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British Government Takes Control of Country’s Last Major Steel Mill
London says it acted to prevent the plant’s Chinese owners from closing the plant, threatening jobs and national security.