The Trump administration singled out European tech firms by name and promised economic consequences Tuesday unless the E.U. rolls back tech regulation and lawsuits.
Category: United States Economy
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White House Dismisses Rise in Unemployment
The Trump administration looked to recast elements of a dour jobs report Thursday as a sign of strength.
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Why a Data Deluge Is Unlikely to Settle the Rates Debate
A backlog of government economic data is set to ease, but disagreement on the country’s economic outlook could linger.
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Jobs Report Could Provide Overdue Clarity on Uncertain Economy
Hiring and unemployment data for November will offer a snapshot of a cooling job market buffeted by President Trump’s policies.
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Jobs Data Is Finally Back. But the Economic Picture Is Still Blurry.
November’s job report may be distorted as a result of the government shutdown, limiting how much it will influence the Federal Reserve’s next interest rate decision in January.
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Jobs Report Could Provide Overdue Clarity on Uncertain Economy
Hiring and unemployment data for November will offer a snapshot of a cooling job market buffeted by President Trump’s policies.
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U.S.-U.K. Trade Deal Hits Stumbling Block
The U.S. government has paused a tech-focused trade pledge with Britain over broader disagreements about Britain’s digital regulations and food safety rules.
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Businesses Are Cashing In on Trump’s Tax Cuts
Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it.
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Cooling Labor Market and Elevated Inflation Stoke Fed Divisions on Rate Cuts
Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point.
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Harold Hamm, Oklahoma Oil Tycoon, Allies With Trump to Reshape U.S. Energy
Harold Hamm, an Oklahoma oil tycoon, has played a central role in reshaping energy policy by allying himself with President Trump.
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Bessent Accelerates Regulation Overhaul to Jumpstart Growth
The Treasury Secretary unveiled changes to the Financial Stability Oversight Council to ease “overregulation.”
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Trump’s Tariffs Shrank the U.S. Trade Deficit in September
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