Research from the New York Fed confirms that U.S. companies and consumers are bearing tariff costs, despite the president’s assertions otherwise.
Category: United States Politics and Government
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Ford Will Make a Play for a Different Battery Market
The company, long focused on cars and trucks, plans to begin manufacturing large batteries used by utilities, data centers, other businesses and homeowners.
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Bans on Many CBD Products Loom This Year
A federal law taking effect in November severely limits the amount of THC, the euphoric cannabis compound, allowed in over-the-counter items. Many groups are fighting back.
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Federal Debt to Hit Record Levels, Budget Office Warns
President Trump has reshaped the country’s economic policies, but the outlook for the budget remains dire.
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Kevin Warsh Has a Tough Job Ahead. It’s Not the First Time.
Mr. Warsh is known as a consensus builder, skills he will need if he is to head the Federal Reserve when President Trump is demanding rock-bottom rates.
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A Hawkish Kevin Warsh at the Fed Could Haunt Bessent
The Treasury Secretary Scott Bessent tried to avoid providing President Trump with a clear recommendation to lead the central bank.
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Energy Bills Have Soared Recently. How Can States Bring Costs Down?
Energy experts said that governors and legislatures have tools to keep electricity prices from rising further, and might even be able to lower them.
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For Hassett, Loyalty to Trump Became a Liability in Fed Race
Kevin A. Hassett had been seen as the front-runner in the Fed race, but his deep ties to the president raised questions about his independence.
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Trump Names ‘Data Nerd’ to Lead Labor Statistics Agency
The decision to nominate Brett Matsumoto, a career government economist, came six months after the president fired the previous commissioner.
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Trump’s Lawsuit Against I.R.S. Creates ‘Enormous Conflict of Interest’
The president is demanding that the federal government pay him at least $10 billion over the unauthorized disclosure of his tax returns during his first term.
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Hotel Owners and Workers, Tell Us How You’re Feeling
With hotels increasingly caught between the federal government’s immigration crackdown and protests against ICE, we want to hear how it’s affecting you.