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The Fed Is Stuck Fighting the Last War

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The Fed Is Stuck Fighting the Last War

Mired in a battle to contain surging prices, the central bank also needs to be nimble enough for the economic downturns to come, our columnist says.

By Jeff Sommer

Biden Administration Looks to Reinforce U.S.-China Ties Ahead of Trump’s Return

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Biden Administration Looks to Reinforce U.S.-China Ties Ahead of Trump’s Return

Senior Treasury officials are holding a final round of talks with a new round of economic volatility on the horizon.

By Alan Rappeport

Biden Says Trump’s Tax Cuts and Tariffs Would Be ‘a Major Mistake’

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Biden Says Trump’s Tax Cuts and Tariffs Would Be ‘a Major Mistake’

The president also said his successor would face blowback from the Republican Party if he tried to unwind the Biden agenda.

By Zolan Kanno-Youngs

Chinese Carmakers Are Taking Mexico by Storm While Eyeing U.S.

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Chinese Carmakers Are Taking Mexico by Storm While Eyeing U.S.

BYD and other manufacturers are importing cars from China and scouting factory sites in Mexico as part of a global expansion that, for now, excludes the United States.

By Jack Ewing