Category: United States Economy

The Fed’s Decisions Now Could Alter the 2024 Elections

The state of the economy will affect voting next November, and the Federal Reserve may find itself in a delicate position, our columnist says.
Retailers Wary of Squeeze on Shoppers Ahead of Key Holiday Season

Consumers have bucked expectations despite high inflation and interest rates, but retailers worry whether they can keep it up through the end of the year.
China’s Xi Jinping Draws Elon Musk, Tim Cook and Other U.S. CEOs to Gala in San Francisco

Amid frosty U.S.-China relations, Xi Jinping emphasized friendship in an address to executives from Apple, Boeing, Nike and others.
Global Markets Cheer on Better Than Expected Inflation Data

A better-than-expected Consumer Price Index report triggered a big surge in stocks and bonds, as investors bet that interest rates will begin to fall.
Stock Market Rallies After CPI Inflation Report

The S&P 500 was on track for its biggest gain of the year, while shares of smaller companies surged.
An Optimistic Inflation Report Reduces Pressure on the Fed to Raise Rates

Central bankers have been debating whether a final rate move is needed. A cooler-than-expected October inflation report may take the heat off.
A High-Stakes C.P.I. Readout on Inflation Is Due

The latest Consumer Price Index report, due out on Tuesday, is expected to show that progress in bringing down inflation is slowing.
The Rise and Fall of the U.S.-China Economic Partnership

China and the U.S. both gained from their economic integration. As they pull apart, each is finding it will be hard to fully replace the other.
Biden’s Pacific Trade Pact Suffers Setback After Criticism From Congress

The administration will no longer try to announce the completion of the trade terms this week, after prominent Democrats objected to some provisions.
Polluting Industries Say the Cost of Cleaner Air Is Too High

As the Biden administration prepares to toughen air quality standards, health benefits are weighed against the cost of compliance.
Vermont May Be the Face of a Long-Term U.S. Labor Shortage

Employers are pulling out all the stops to attract workers as the state’s population grows older, offering a likely glimpse of the country’s future.
Moody’s Changes U.S. Credit Outlook to ‘Negative’

Moody’s reaffirmed America’s credit rating at the highest AAA level but expressed concern about the nation’s fiscal trajectory amid congressional dysfunction.