Huge deficits are already making bond investors nervous. Economists warn that could make it harder to respond to future crises.
Category: United States Politics and Government
-
A Peach and Apple Farmer’s Uphill Quest to Feed Poor Families, and His Own
When the Trump administration slashed a successful food aid program, Austin Flamm set out to put politics aside. “Everybody needs a meal,’’ he said.
-
How the Baby Formula Brand Bobbie Got Caught in the RFK Jr. Backlash
Laura Modi’s company, Bobbie, is rooted in science and uses organic ingredients. Some of her fans aren’t happy that she’s willing to work with the Trump administration.
-
PBS Sues Trump Over Order to Cut Funding
The lawsuit, filed in federal court in Washington by PBS and a Minnesota public TV station, said President Trump’s executive order was unconstitutional.
-
U.S. Oil Companies Are ‘Battening Down the Hatches’
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil production despite weak demand.
-
Trump Accuses China of Violating Trade Agreement
President Trump said that Beijing was not honoring the terms of a temporary agreement and warned of further confrontation.
-
PCE Inflation Stayed Subdued in April Amid Trump’s Tariff Limbo
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
-
On the Campaign Trail, Elon Musk Juggled Drugs and Family Drama
As Mr. Musk entered President Trump’s orbit, his private life grew increasingly tumultuous and his drug use was more intense than previously known.
-
Is Nippon Steel Finally About to Land U.S. Steel?
A planned merger of the Japanese and American giants, announced in 2023, has traveled through an election, two presidents and strong union opposition.
-
Tariff Rulings Inject New Uncertainty Into Trump Trade Strategy
A court ruling invalidating President Trump’s sweeping tariffs was halted hours later, throwing into question the administration’s overall approach to trade.
-
Trump Meets With Powell After Months of Disparaging the Fed
Jerome H. Powell stressed in his first meeting since the president returned to the White House that policy decisions would be “based solely on careful, objective and nonpolitical analysis.”