President Trump’s war in Iran has raised some costs just as many Americans are starting to see savings from last year’s tax cuts.
Category: Trump, Donald J
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With Iran War, Trump Risks Stepping on Gains From His Own Tax Cuts
The New York Times – Business: -
Why Trump’s Strait of Hormuz Problem Is Going Global
The New York Times – Business:President Trump is getting little to no support so far for his call that other countries do their part to try to ease an energy crisis prompted by U.S.-Israeli attacks on Iran.
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Iran War Risks Sharpening Fed Divisions Over Rate Cuts
The New York Times – Business:The Federal Reserve is set to hold interest rates steady this week as officials grapple with a host of new economic risks stemming from the conflict in the Middle East.
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Trump Administration Turns to Migrant Workers to Help Farm Labor Shortage
The New York Times – Business:As the president’s immigration policies squeeze an already tight supply of farm labor, the Trump administration is making it cheaper to hire foreign farmworkers.
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For Trump, a Promised Economic Boom Collides With the Costs of War
The New York Times – Business:President Trump had envisioned a growing economy and improving fortunes for American families in 2026. That appears at risk in his war with Iran.
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Justice Dept. Legal Threat Complicates Trump’s Pick for Fed Chair
The New York Times – Business:An investigation of the Federal Reserve was thwarted on Friday, but a department appeal could reimpose an obstacle in Kevin Warsh’s path.
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TikTok Investors Set to Pay $10 Billion Fee to Trump Administration
The New York Times – Business:The large fee is the latest example of the White House’s inserting itself into corporate deal making in unusual and aggressive ways.
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Jared Kushner Solicits Funds for His Firm While Working as Mideast Envoy
The New York Times – Business:President Trump’s son-in-law is trying to raise $5 billion or more from foreign governments and others for his private equity firm.
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U.S. Vows to Block Iran’s Attempt to Shut Down Strait of Hormuz
The New York Times – Business:Defense Secretary Pete Hegseth said that the disruptions in the Strait of Hormuz were “something we are dealing with.” And about 2,500 Marines were headed to the Middle East to bolster the war effort.
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Judge Quashes Justice Dept.’s Subpoenas Targeting Federal Reserve Chair
The New York Times – Business:Judge James E. Boasberg derided the U.S. attorney’s office in Washington for pursuing a case against Jerome H. Powell that appeared to be motivated by President Trump’s desire for vengeance.