Posts
America Set to Hit Its Borrowing Limit Today, Raising Economic Fears
The milestone will not immediately affect markets or growth, but it sets the stage for months of entrenched partisan warfare.
Speaker Drama Raises New Fears on Debt Limit
An emboldened conservative flank and concessions made to win votes could lead to a protracted standoff on critical fiscal issues, risking economic pain.
Biden Caps Two Years of Action on the Economy, With New Challenges Ahead
The president used a slim congressional majority to enact legislation that could reshape the American economy — if his administration can make the laws succeed.
Trump Tax Returns Undermine His Image as a Successful Entrepreneur
The release of former President Donald J. Trump’s private tax documents by the House Ways and Means Committee shows heavy losses from his own ventures…
Biden Signs Government Funding Bill, Preventing Shutdown
The $1.7 trillion measure includes more money for the military and law enforcement, along with an overhaul of how Congress counts electoral votes in presidential…
Treasury Department Outlines Rules for New Corporate Taxes
The preliminary guidance applies to an alternative minimum tax for large corporations and a tax on stock buybacks, which helped fund President Biden’s climate and…
‘Innovation Hubs’ Aim to Lift Distressed Areas. Congress Just Has to Fund Them.
A new report suggests where 20 newly created research centers could best revitalize struggling economies and accelerate new technologies
Biden Loves the Jobs Report, but the Fed Likely Does Not
The president is celebrating a jobs engine that is running hot; Federal Reserve officials want to see more signs of slowing growth amid their campaign…
Ukraine Is Biden’s Defining Issue, and His Biggest Economic Challenge
The shape of the war, and its effects on global markets, in the months and years to come could determine the president’s political fate.
Amid Crises, Biden Offers the World a Choice: My Way, or Trump’s
The president put his coalition-building approach on display on a trip through Asia, where he sought to ease tensions with China.
