Category: United States Politics and Government

The Federal Safety Net Isn’t Ready for Artificial Intelligence

The New York Times – Business:
As fears of A.I.-driven job losses mount, economists warn that unemployment benefits and other programs to help displaced workers aren’t sufficient.
U.S. Trade Deficit Grew in March

The New York Times – Business:
Both exports and imports rose after the Supreme Court struck down many of the president’s highest levies in February.
E.E.O.C. Investigating Discrimination Claim at The New York Times

The New York Times – Business:
The Equal Employment Opportunity Commission recently referred a reverse-discrimination complaint by an employee to the agency’s legal unit for review.
Spirit Airlines, a Pioneer of Low-Fare Flights, Shuts Down

The New York Times – Business:
Spirit once upended the industry by offering very low fares but was in its second bankruptcy in two years after years of struggle.
F.D.A. Grants Early Access to Promising Drug for Pancreatic Cancer

The New York Times – Business:
Patients with one of the deadliest cancers have been pleading for an unapproved treatment that may prolong their lives.
Trump Administration Pushes Forward With Tariffs Based on Forced Labor Laws

The New York Times – Business:
Nonprofit groups have applauded an investigation on trade in goods made with forced labor but say that the Trump administration should go further to enforce its own laws
Fed Officials Cite Inflation Concerns in Defending Dissents

The New York Times – Business:
The Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.
Obamacare Enrollment Drops Sharply as Costs Rise

The New York Times – Business:
Americans can’t afford the higher health insurance premiums that resulted from Congress’s refusal to extend federal tax credits.
Behind Powell’s High-Stakes Decision to Stay at the Fed

The New York Times – Business:
Jerome H. Powell will remain a governor at the Federal Reserve after his term as chair ends, in a bid to guard against a further incursion by the Trump administration on the central bank’s independence.
How Powell Just Complicated Trump’s Fed Plans

The New York Times – Business:
Traders now think the Federal Reserve will keep steady interest rates, or perhaps even increase them, amid succession intrigue at the central bank.
Senators Say Lawyers Helped Wealthy Clients Dodge Taxes in Puerto Rico

The New York Times – Business:
Rich Americans are writing off taxes they owed before they moved to Puerto Rico, the Senate Finance Committee says.
Ford Reports Higher Profit Thanks Partly to Tariff Refund

The New York Times – Business:
Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that were later struck down by the Supreme Court.