Small Businesses Face a ‘Tornado’ of Challenges: Cuts, Freezes and Now Tariffs

Small Businesses Face a ‘Tornado’ of Challenges: Cuts, Freezes and Now Tariffs

President Trump vowed to aid entrepreneurs by reducing taxes and slicing red tape. But some owners say other policies have put them at a disadvantage.
Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth

Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth

Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase in the price level does not become an ongoing inflation problem.”
Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals

Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals

President Trump wants to bring pharmaceutical manufacturing back to the United States. Experts warn that tariffs could result in shortages and higher prices for generic drugs.
E.U. Prepares Major Penalties Against Elon Musk’s X

E.U. Prepares Major Penalties Against Elon Musk’s X

European regulators are considering fining X more than $1 billion, after weighing the risks of further antagonizing Mr. Musk and President Trump.