Both Democrats and Republicans are expressing support for tariffs to protect American industry, reversing decades of trade thinking in Washington.
Category: United States Economy
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What Across-the-Board Tariffs Could Mean for the Global Economy
Donald J. Trump, the Republican presidential nominee, has floated the idea of a 10 percent tariff on all U.S. imports, a plan that economists say could badly damage trade.
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Care Policies Take Center Stage in Harris’s Economic Message
The Democratic nominee says she wants to make raising a family more affordable. But she has provided few details on her proposals.
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The Big Number: 818,000
The Labor Department issued a huge downward revision on jobs figures for the 12 months that ended in March, pointing to greater cracks in the economy.
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Fed Chair Powell Signals Interest Rate Cuts in Jackson Hole Speech
Jerome H. Powell used a speech in Jackson Hole to signal that the Federal Reserve will begin to cut rates on Sept. 18, and to voice wariness about the job market.
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In Peak Election Season, the Stock Market Is Often Fickle. Be Patient.
With the political conventions behind us and a rate cut expected soon, the market has been rallying, yet our columnist says it’s safer to play a longer game.
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Will Powell’s Jackson Hole Speech Help Lead to a Soft Landing?
Investors are anxiously awaiting Jerome Powell’s policy speech at a symposium in Jackson Hole, Wyo. on Friday, as labor data suggests the economy is slowing.
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Powell Faces Economic Crossroads as He Prepares to Speak at Jackson Hole
Jerome Powell, the Federal Reserve chair, will deliver remarks as inflation cools and growth holds up — but as labor market weakening threatens to interrupt the soft landing.
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Trump May Claim Credit for Stock Surges, but the Reality Is Far More Complicated
On Wall Street, claims that a president is responsible for the fate of the stock market are largely dismissed as bluster.
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While the Public Awaited Jobs Data, Wall Street Firms Got a Look
A report was delayed on the Bureau of Labor Statistics website, but some investors got it in the meantime, raising new questions about agency practices.
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Fed Minutes Show a Cut ‘Likely’ to Come in September
Even before a disappointing July jobs report, Federal Reserve officials thought they would probably cut rates at their Sept. 17-18 meeting.
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Harris’s Price-Gouging Ban: Price Controls or No Quick Effect?
The plan does not appear to amount to government price controls. It also might not bring down grocery bills anytime soon.