Category: United States

The Cost of the A.I. Boom: A Trade Deficit the President Detests

The New York Times – Business:
A recent surge of A.I.-related imports has become an impediment to the smaller trade deficit President Trump wants.
Oil Tops $106 a Barrel as Worries Persist About Global Supplies

The New York Times – Business:
As the broader war in the Middle East begins its third week, worries over the fallout of crippled energy supplies continue to roil markets.
The Tax Bill Haunting Your 401(k) and I.R.A.

The New York Times – Business:
Most people have piled their savings into tax-deferred accounts, delaying taxes until they retire. Using Roth options can help ease your tax bite.
Trump Administration Turns to Migrant Workers to Help Farm Labor Shortage

The New York Times – Business:
As the president’s immigration policies squeeze an already tight supply of farm labor, the Trump administration is making it cheaper to hire foreign farmworkers.
Surge in Oil Prices Shakes Pakistan’s Already Fragile Economy

The New York Times – Business:
Families preparing for Eid al-Fitr and farmers ready for harvest are being squeezed in a country that gets nearly all its oil through the Persian Gulf.
U.S. Vows to Block Iran’s Attempt to Shut Down Strait of Hormuz

The New York Times – Business:
Defense Secretary Pete Hegseth said that the disruptions in the Strait of Hormuz were “something we are dealing with.” And about 2,500 Marines were headed to the Middle East to bolster the war effort.
The War in Iran Is Driving Costs Up. Here Are Some Ways to Save.

The New York Times – Business:
The widening war in the Mideast is making life more expensive. Experts shared some simple cost-cutting tips.
‘A Lot of Life Years Lost’: How NAFTA Shortened American Life Spans

The New York Times – Business:
A study tracks how the North American Free Trade Agreement and trade competition with Mexico led to earlier deaths for American factory workers.
What to Know About the U.S. Lasers Being Used to Counter Iranian Attacks

The New York Times – Business:
High-energy lasers can burn drones in the sky like a blowtorch. But they can be stymied by weather, and making them at scale will be a challenge.
Surging Energy Costs Put German Industry ‘Really in Danger’

The New York Times – Business:
Four years after the Russian invasion of Ukraine sent energy prices soaring, the war in Iran is posing another challenge to efforts to revive European factories.
Oil Prices Barely Budge After Trump Lifts Russia Sanctions

The New York Times – Business:
After surging about 10 percent on Thursday, oil prices had little reaction to the decision by President Trump to waive sanctions on the sale of some Russian crude.
Fallout From Iran War and Oil Shock Deliver Another Blow to World Economy

The New York Times – Business:
Countries already walloped by a breakdown of the international trading order, war in Ukraine and chaotic U.S. policymaking are facing potentially lasting economic damage.