Some firms argue that a law aimed at popularizing electric vehicles risks turning the United States into an assembly shop for Chinese-made technology.
Category: United States Economy
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Even Most Biden Voters Don’t See a Thriving Economy
A majority of those who backed President Biden in 2020 say today’s economy is fair or poor, ordinarily a bad omen for incumbents seeking re-election.
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There’s a Lot Riding on Black Friday and Cyber Monday
The White House and economists will be closely watching the annual shopping events for insight into what the data says about the state of the consumer.
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Black Friday Isn’t What It Used to Be
Big discounts, many of them online only, start appearing well before Thanksgiving and will run long after. Some people still go to the mall, though.
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U.S. Gas Prices Drop Ahead of Thanksgiving Travel
With OPEC Plus members in disarray over production levels, oil prices have fallen nearly 20 percent in three months.
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The Great Disconnect: Why Voters Feel One Way About the Economy but Act Differently
Americans are angry and anxious, and not just about prices, which may be driving economic sentiment more than their financial situations, economists said.
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A 30-Year Trap: The Problem With America’s Weird Mortgages
One big reason the U.S. housing market is broken: Owners don’t want to give up their cushy old loans.
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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.
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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.
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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.