Guesses about who the next Roman Catholic pope will be often prove inaccurate. Before the selection of Pope Francis in 2013, many bookmakers had not even counted him among the front-runners. This time, predictions are further complicated, because Francis made…
Author: Sara William
Sara William
Sara William is a veteran journalist, economist, and columnist with over 40 years of experience reporting on the intersection of politics and economics. Since beginning her career in 1984, she has built a distinguished reputation for her deep analysis and authoritative coverage of major historical events and their financial implications. Sara has reported extensively on the connection between politics and the stock market, the economic aftermath of the 9/11 attacks, the 2008 financial crash, and the Covid-19 market collapse. Her work unpacks how global and domestic policies shape financial markets and the economy at large.
The Trump administration resumed collection efforts on defaulted student loans Monday after a roughly five-year hiatus — and affected borrowers could begin feeling the financial consequences sooner than experts expected. The U.S. Department of Education released new details on what actions it plans to take, when.…
Hours after Donald J. Trump was sworn in for a second term, he issued an executive order laying the groundwork for mass deportations of immigrants and denying them legal assistance. Public interest groups focused on immigrant rights teamed up to…
American companies are promising to spend hundreds of billions of dollars in the United States as President Donald Trump deploys tariffs to promote domestic manufacturing, a gush of investment plans that the White House compiled on a new webpage titled The…
Starting Friday, the Trump administration is shelving a nearly century-old tax loophole that saved companies from paying tens of billions of dollars in fees on cheap imports, most of which come from China. The move stems from the sweeping tariffs President Donald…
The White House on Friday will release a partial budget proposal that calls for $163 billion in cuts to federal spending in the next fiscal year, a person familiar with the matter confirmed. The upcoming “skinny budget” will propose cuts…
The clock is ticking on trade deals that the U.S. will need to strike with many nations, most notably China, to avoid what President Donald Trump’s Treasury secretary, Scott Bessent, has described as an unsustainable tariff war. But in the U.S. farming sector,…
President Trump this week revived a longstanding threat against Jerome H. Powell when he accused the Federal Reserve chair of “playing politics” and moving too slowly to lower interest rates. But privately, according to people close to Mr. Trump, the…
Silicon Valley’s tech giants have long regarded antitrust scrutiny as an irritating cost of doing business. There will be investigations, filings, depositions and even lawsuits. Yet courts move slowly, while technology rushes ahead. Time works to the companies’ advantage, as the…
Harvard University stands to lose billions in federal funding, but the government’s actions against one of the world’s top research institutions were applied with vague accusations and no proof of specific legal violations, documents show. The Trump administration’s decision Monday to freeze $2.2 billion…
