Beijing’s latest effort to weaponize global supply chains is modeled on the American technology controls that it has long criticized.
Category: United States Economy
-
High-End Amenities in Office Buildings? These N.Y. Tenants Say No Thanks.
Leasing activity for older buildings, hit hard during the pandemic, is gaining momentum, a strong indicator that the overall office market in Manhattan is on the upswing.
-
Powell Signals Fed Is on Track to Keep Cutting Rates
Jerome H. Powell, chair of the Federal Reserve, still sees labor market risks outweighing those posed by higher inflation tied to President Trump’s tariffs.
-
Global Growth Remains Sluggish as Tariff Threats Loom
The International Monetary Fund said the impact of trade tensions had been limited so far, but it expects growth to slow.
-
Big Banks Grow Profits, Crediting a ‘Resilient’ Economy
JPMorgan Chase, Goldman Sachs and Wells Fargo reported strong quarterly earnings, mostly topping analyst expectations and showing growth across key lines of business.
-
Black Unemployment Is Surging Again. This Time Is Different.
Federal layoffs and an end to diversity initiatives have weakened a historically strong labor market for Black workers.
-
China Flexed. Trump Hit Back. So Much for the Thaw.
Beijing’s trade curbs and President Trump’s tariff threats show how quickly calm can give way to confrontation between the two largest economies.
-
The Fiscal Gambit at the Center of the Shutdown
It is a well-worn strategy to temporarily create a government benefit and hope that its eventual expiration will create a standoff like the shutdown fight.
-
In This Economy, ‘Job Hugging’ Is in, Job Hopping Is Out
Workers, who were quitting at high rates a few years ago, are now “job hugging” — or, as one consulting firm put it, “holding on to their jobs for dear life.”
-
Big Investors Await Windfall From Trump’s Argentina Bailout
The United States finalized a $20 billion lifeline for Argentina that will benefit Treasury Secretary Scott Bessent’s allies.