As the Biden administration nears a decision to block the proposed acquisition of U.S. Steel, the debate over national and economic security is being dwarfed by presidential politics.
Category: United States Economy
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Tax Policy Becomes a Fault Line for Harris
The vice president is relying on tax proposals as a way to show she is different from both President Biden and her Republican rival, Donald Trump.
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Job Hunting Is a Challenge for Recent College Grads
Unemployment is still low, but job seekers are competing for fewer openings, and hiring is sluggish. That’s a big turnaround from recent years.
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BLS Data on Jobs and Consumer Prices Faces a Test of Trust
The Bureau of Labor Statistics, which tracks prices and employment, faces scrutiny after several missteps. Some questions have gone unanswered.
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Why This Jobs Report Could Be the Most Pivotal One in Years
It’s tough to overstate how much hinges on Friday’s employment update, from the path for interest rates to the economic outlook.
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Biden Expected to Block U.S. Steel Takeover
The Committee on Foreign Investment in the United States is expected to raise national security concerns about selling the iconic steel producer to Japan’s Nippon Steel.
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Slowdown Déjà Vu Rattles the Markets
Investors sent technology stocks and other assets tumbling on concerns that the U.S. economy could be headed for a hard landing.
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U.S. Market Slump Led by Nvidia Sparks Global Sell-Off
A sharp decline in major U.S. stock indexes, led by tech stocks like Nvidia, reverberated through Asia and Europe on Wednesday.
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Japan Stocks Tumble as U.S. Market Slump Sparks Global Sell-Off
A sharp decline in major U.S. stock indexes reverberated through Asia on Wednesday, with investors still rattled by last month’s market meltdown.
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Stock Prices and Oil Fall in Sharpest Decline Since Early August
The S&P 500 fell more than 2 percent on Tuesday, its biggest single-day drop since an early August meltdown.
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Can Democrats Stop the ‘Tax Doom Loop’?
Democrats are tired of losing to Republicans on tax policy. They’re hoping to mount a comeback next year.
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Has the Spread of Tipping Reached Its Limit? Don’t Count on It.
Both major presidential candidates propose exempting tips from taxes. That could encourage more reliance on tipping, and leave workers vulnerable.