Jerome H. Powell, chair of the Federal Reserve, still sees labor market risks outweighing those posed by higher inflation tied to President Trump’s tariffs.
Category: United States Politics and Government
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Global Growth Remains Sluggish as Tariff Threats Loom
The International Monetary Fund said the impact of trade tensions had been limited so far, but it expects growth to slow.
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Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion
General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets.
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Trump Enacts Tariffs on Imported Lumber and Furniture
The new taxes went into effect on Tuesday as President Trump also threatened to widen his trade war with China.
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Renewable Energy Is Booming Despite Trump’s Efforts to Slow It
With federal subsidies ending or becoming hard to claim, companies are racing ahead with solar, wind and battery projects.
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Trump Enacts Tariffs on Imported Lumber and Furniture
The new taxes went into effect on Tuesday as President Trump also threatened to widen his trade war with China.
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Motherhood Is in a Political Spotlight, but the Moms Are Shaking It Off
Guidance and messaging on parenting has never seemed more confusing to some. At a gathering for mothers, the point was to focus on what they had in common.
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Factory Towns Revive as Defense Tech Makers Arrive
Drawn by local talent, cheap labor and state cash incentives, start-ups building the weapons of the future are revitalizing manufacturing in once-vibrant industrial towns.
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Asia Markets Fall After Trump Threatens New Tariffs on China
Investors reacted to a pledge from the president on Friday to impose a “massive” new tariff on Chinese imports.
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Black Unemployment Is Surging Again. This Time Is Different.
Federal layoffs and an end to diversity initiatives have weakened a historically strong labor market for Black workers.
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Trump to Announce a Drug Pricing Deal With AstraZeneca
The move would follow a similar agreement with Pfizer. Other companies are engaged in talks with the White House that would help them avoid tariffs on their products overseas.
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White House Signals Federal Layoffs Have Begun During Shutdown
The head of the White House budget office said on Friday that reductions in force had started.