Category: United States Economy

Yellen Says U.S. Wants ‘Healthy’ Economic Ties With China

The Treasury secretary said she had pressed her Chinese counterpart on China’s export controls and cautioned against supporting Russia.
Biden Finalizes Significant Overhaul in Federal Regulations

New rules from the Office of Management and Budget will change how the federal government weighs costs, enabling new efforts on climate change and poverty.
A New Law Supercharged Electric Car Manufacturing, but Not Sales

President Biden’s 2022 climate act spurred big investments in U.S. battery factories, but it has not similarly boosted E.V. sales.
‘Morning in America’ Eludes Biden, Despite Economic Gains

Seeking re-election in 1984, Ronald Reagan presided over an economy similar in many ways to today’s. But he sold a message of progress and promise.
Automakers Delay Electric Vehicle Spending as Demand Slows

Growth is brisk but slower than expected, causing automakers to question their multibillion-dollar investments in new factories and raising doubts about the effectiveness of federal incentives.
A Report Card for Bidenomics

Voters’ negative perceptions about the economy are weighing on President Biden’s poll numbers. Here’s what his economic policies have, and haven’t, accomplished.
Voters Aren’t Believing in Bidenomics

A new Times/Sienna poll shows the president behind in five of six key states. Voters cite his economic track record, indicators notwithstanding.
Huge Reversal in Bonds and Rally in Stocks Cap Wild Week for Markets

A series of data reports and actions by policymakers have led investors to reassess their assumptions about interest rates and the economy.
U.S. employers added 150,000 jobs last month, falling short of forecasts.
Holiday Retail Sales Are Expected to Increase, but at a Slower Pace

Spending in that crucial period is predicted to rise 3 to 4 percent from last year, as the economy cools and demand normalizes.
Are Higher Rates Slowing the Economy? A Zoo Offers Clues.

Economists are surprised by how strong the economy remains with rates at a 22-year high. But there are some signs of slowing, if you know where to look.
Fed Holds Interest Rates Steady and Pledges to Proceed Carefully

The Federal Reserve left interest rates at 5.25 to 5.5 percent, but its chair, Jerome Powell, said policymakers could still raise rates again.