Category: United States Economy

U.S. Inflation Eased at Start of the Year

The New York Times – Business:
The Consumer Price Index fell in January to 2.4 percent from 2.7 percent a month
The Hidden Number Driving U.S. Job Growth

The New York Times – Business:
After a year of just 181,000 new jobs, January’s 131,000 increase in the U.S. workforce was surprisingly positive. Ben Casselman, The New York Times’ chief economic correspondent, explains the numbers.
Flexibility and Rising Costs Are Keeping Mothers at Work

The New York Times – Business:
Labor force participation for women with small children continues to float above prepandemic levels, thanks to flexible work setups — and rising costs.
Laid-Off Battery Plant Workers Pin Blame on Ford, not Trump, for Lost Jobs

The New York Times – Business:
Ford Motor shut down a battery factory and laid off 1,600 workers after President Trump and Republicans gutted government support for electric vehicles.
Americans Are Paying the Bill for Tariffs, Despite Trump’s Claims

The New York Times – Business:
Research from the New York Fed confirms that U.S. companies and consumers are bearing tariff costs, despite the president’s assertions otherwise.
Federal Debt to Hit Record Levels, Budget Office Warns

The New York Times – Business:
President Trump has reshaped the country’s economic policies, but the outlook for the budget remains dire.
Wall St. and Washington Brace for a Big Jobs Report

The New York Times – Business:
A hiring slowdown and fears about artificial intelligence have investors on edge, and some in the Trump administration on the defensive.
Kevin Warsh Has a Tough Job Ahead. It’s Not the First Time.

Mr. Warsh is known as a consensus builder, skills he will need if he is to head the Federal Reserve when President Trump is demanding rock-bottom rates.
Sell America Is the New Trade on Wall Street

Investors are increasingly souring on the United States, as illustrated by the declining dollar, the stalled stock market and rising government borrowing costs.
For Hassett, Loyalty to Trump Became a Liability in Fed Race

Kevin A. Hassett had been seen as the front-runner in the Fed race, but his deep ties to the president raised questions about his independence.
Trump Names ‘Data Nerd’ to Lead Labor Statistics Agency

The decision to nominate Brett Matsumoto, a career government economist, came six months after the president fired the previous commissioner.
Who Is Trump’s New Fed Chair Pick?

President Trump announced Kevin Warsh as his nominee to succeed Jerome H. Powell as chair of the Federal Reserve. Our reporter Colby Smith explains why the choice matters for the economy.