Category: Politics and Government

China’s Investors Are Losing Faith in Its Markets and Economy

As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.
I.R.S. Commissioner Aims to Show Progress Amid Threats of Budget Cuts

Daniel Werfel will try to persuade skeptical Republicans on Thursday that funding the tax agency is a good investment.
This Arctic Circle Town Expected a Green Energy Boom. Then Came Bidenomics.

Generous subsidies are helping the United States steal green industries from Europe, as countries race to secure the energy supplies of the future.
How Two Irish Businessmen Almost Took Nigeria for $11 Billion

A mundane contractual provision met with rampant corruption — revealing a serious vulnerability in one of the backbones of international commerce.
Pro Sports in Las Vegas Aren’t Cheered by Everyone

The Super Bowl will be played at Allegiant Stadium, which received $750 million in public subsidies even as the city’s schools and other services have gone wanting.
American Firms Invested $1 Billion in Chinese Chips, Lawmakers Find

A Congressional investigation determined that U.S. funding helped fuel the growth of a sector now viewed by Washington as a security threat.
U.S. Debt on Pace to Top $54 Trillion Over Next 10 Years

Congressional Budget Office projections released on Wednesday said a growing economy and recent spending cuts had slowed deficits.
Tucker Carlson’s Visit to Russia Draws Speculation of Putin Interview

Mr. Carlson has been receiving blanket news coverage from state-run media outlets in Russia since stepping foot in Moscow.
Yandex Reaches $5 Billion Deal to Exit Russia

Yandex, often called “Russia’s Google,” said it reached a deal to sell off its assets in the market where it made its fortune, after the war in Ukraine upended its operations.
Top U.S. Treasury Officials to Visit Beijing for Economic Talks

A meeting of the new economic working group comes as the U.S. and China are trying to prevent any escalation of hostilities.
A City Built on Steel Tries to Reverse Its Decline

Gary, Ind., home of U.S. Steel’s largest mill, is seeking a fresh economic start under a new mayor determined to draw new businesses and residents.
India’s Quiet Push to Steal More of China’s iPhone Business

The companies that make iPhones are bringing their factories to one corner of India, to graft them onto a network of manufacturers.