As prices skyrocket and international travel declines, the city finds itself caught in a perfect storm.
Category: United States Economy
-
White House Pulls Pick to Lead Labor Data Agency
E.J. Antoni, a conservative economist, had faced bipartisan criticism as President Trump’s nominee to lead the Bureau of Labor Statistics.
-
Government Shutdown Could Delay Economic Data at a Critical Moment
“Flying blind amidst heavy fog is a dangerous proposition,” one economist said about the risks of a lapse in official statistics.
-
Government Shutdown Could Delay Economic Data at a Critical Moment
“Flying blind amidst heavy fog is a dangerous proposition,” one economist said about the risks of a lapse in official statistics.
-
Trump Officials Flesh Out Tariffs on Kitchen Cabinets, Furniture and Timber
The White House set a relatively low tariff on imports of timber and lumber, and a significantly higher tariff on furniture and kitchen cabinets.
-
Trump’s Tariffs Threaten to Break Some Small Businesses
Import duties are posing a challenge to some smaller companies, which fear that raising prices to cover higher costs will drive away customers.
-
High-Skilled Visas Have Problems. Trump’s $100,000 Fee Won’t Fix Them.
For years, proposals have circulated to stop abuse of the H-1B program. The Trump administration’s big changes largely ignored them.
-
Unexpected Critics of Trump’s Attacks on Wind Energy: Oil Executives
Business leaders and trade organizations have been especially worried by attempts to stop work on wind farms that had already secured federal approval.
-
New Retail Leaders Confront Trump’s Tariffs, Policy Shifts and Weak Spending
New retail C.E.O.s are facing unexpected challenges, like tariffs and worried shoppers, as they try to address existing ones.
-
Trump Expands Tariffs Beyond Supreme Court’s Reach
The president’s tariffs on foreign drugs and furniture rely on national security laws outside the scope of current lawsuits.
-
For Investors, Government Shutdowns Haven’t Mattered. Is This Time Different?
Shutdowns have long been immaterial for the stock and bond markets, but there’s a risk now that a political confrontation could derail the economy.
-
Trump Wades Into Bailout Politics in Offering a Lifeline to Argentina
A $20 billion loan to support Argentina’s president, Javier Milei, could come with economic and political risks.