More than 20 times during a roughly 45-minute news conference on Wednesday, Jerome H. Powell, the chair of the Federal Reserve, referenced the idea of waiting to see how President Trump’s policies would ripple through the economy before taking any…
Browsing: Economic Policy
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…
The U.S. labor market remained resilient in April, with employers adding 177,000 jobs, a solid showing despite ongoing economic uncertainty that has caused many employers to put hiring plans on hold. The unemployment rate held steady at 4.2 percent, near…
Kevin Warsh was sitting in the East Room of the White House when President Donald Trump took a beat to praise the former central banker. At the January 2020 signing ceremony, Trump turned to the former Federal Reserve governor —…
China has signaled that it is becoming more open to engaging in trade negotiations with the Trump administration, according to two blogs closely associated with China’s state apparatus, even as Beijing maintains a defiant stance in the trade war. After three months of bluster…
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…
Mark Zuckerberg’s plan is to make Meta the market leader in artificial intelligence. Investors will want to know how President Donald Trump’s tariffs-heavy trade policies will impact that strategy. Those answers could start to come as soon as this week as Meta’s AI…
President Trump’s shake-up of the global trade system has sent tremors through the long-held view that the United States is the source of the world’s safest financial assets. That’s created an opportunity for Europe. The market tumult in which investors…
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…
Last week, Elon Musk indicated for the first time that his Department of Government Efficiency was falling short of its goal. He previously said his powerful budget-cutting team could reduce the next fiscal year’s federal budget by $1 trillion, and do it…
