Research from the New York Fed confirms that U.S. companies and consumers are bearing tariff costs, despite the president’s assertions otherwise.
Category: Trump, Donald J
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The Giant Super PACs Fighting Over A.I. Safety
Anthropic is pouring millions of dollars into a political action committee that will most likely face off against OpenAI.
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Ford Will Make a Play for a Different Battery Market
The company, long focused on cars and trucks, plans to begin manufacturing large batteries used by utilities, data centers, other businesses and homeowners.
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India’s Prime Minister Faces Blowback Over Trade Deal With Trump to Lower Tariffs
Prime Minister Narendra Modi won a big reduction of sky-high tariffs, but critics say he undermined Indian sovereignty and undercut the nation’s farmers.
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Wall St. and Washington Brace for a Big Jobs Report
A hiring slowdown and fears about artificial intelligence have investors on edge, and some in the Trump administration on the defensive.
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Kevin Warsh Has a Tough Job Ahead. It’s Not the First Time.
Mr. Warsh is known as a consensus builder, skills he will need if he is to head the Federal Reserve when President Trump is demanding rock-bottom rates.
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A Hawkish Kevin Warsh at the Fed Could Haunt Bessent
The Treasury Secretary Scott Bessent tried to avoid providing President Trump with a clear recommendation to lead the central bank.
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Energy Bills Have Soared Recently. How Can States Bring Costs Down?
Energy experts said that governors and legislatures have tools to keep electricity prices from rising further, and might even be able to lower them.
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For Hassett, Loyalty to Trump Became a Liability in Fed Race
Kevin A. Hassett had been seen as the front-runner in the Fed race, but his deep ties to the president raised questions about his independence.
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Trump Names ‘Data Nerd’ to Lead Labor Statistics Agency
The decision to nominate Brett Matsumoto, a career government economist, came six months after the president fired the previous commissioner.
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U.N. Says It’s in Danger of Financial Collapse Because of Members’ Unpaid Dues
The world body warned it would run out of money by July and have to close its New York headquarters if countries, namely the United States, did not pay annual dues that amount to billions of dollars.