U.S. imports and exports ticked up from lows the previous month when the president’s global tariffs went into effect, while the trade deficit continued to fall
Category: United States Economy
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Fed Divisions Underscore Challenge for Trump’s Next Chair
President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it.
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Trump Doesn’t Want to Talk About Affordability. Democrats Say That’s a Gift.
The president continues to brush off an issue that he said he would solve in his first months in office. Some Democrats say he is making the same mistake as his predecessor.
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DealBook Summit: Reckoning with the ‘New Normal’
At this year’s DealBook Summit, there was an understanding that in the Trump era, business runs through the White house like never before.
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As the Price of Beef Soars, Restaurants Are in ‘Code Red’ Mode
Midpriced steakhouses and fine-dining establishments are trying to figure out how to cover their rising costs without scaring away customers.
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How to Read the Fed’s ‘Dot Plot’ Projections Like a Pro
The forecasts will offer a glimpse of the path for policy at a highly uncertain moment for economy — and the central bank.
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What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
See how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
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Trump’s Search for Powell’s Replacement Adds to Cacophony Around Interest Rate Decision
The end of Jerome Powell’s term as Fed chair will give President Trump his biggest opportunity yet to reshape the central bank.
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Fed Divisions Will Cloud Interest Rate Decision at Final 2025 Meeting
The central bank is poised to lower interest rates on Wednesday even as a growing chorus of officials urge caution.
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Trump Defends Tariffs Amid Growing Concerns Over Affordability
The president rolled out a $12 billion bailout for farmers as he makes the case that his policy is working — or will soon.
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Same Product, Same Store, but on Instacart, Prices Might Differ
The findings are the latest example of how the notion of a single price is breaking down in the digital age, a trend economists say could be pushing up some prices.