Business
Scott Bessent Urges Investors to Bet on Trump’s Economic Plan
Treasury Secretary Scott Bessent urged skittish global business leaders on Monday to ignore President Trump’s economic naysayers and ramp…
Tag
Labor and Jobs
Business
The Fed Isn’t Likely to Cut Rates Proactively Despite Economic Concerns. Here’s Why.
Less than a year ago, the Federal Reserve took decisive action to bolster the U.S. economy. With inflation easing and the labor market…
News
Newark Airport Is Experiencing Major Flight Delays. What’s Causing Them?
Flying into or out of Newark Liberty International Airport has brought plenty of misery in the last week, with cancellations, delays…
Politics
US Hiring Stayed Strong Amid Early Days of Tariff Policy, Jobs Report Shows
The latest message from the data on the U.S. economy is simple: So far, so good, until further notice. The labor market remained in a…
Business
Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more…
Business
After weeks of volatile trading, Friday’s report could set the tone on Wall Street.
May 2, 2025, 6:01 a.m. ET Traders at the New York Stock Exchange on Thursday.Credit...Richard Drew/Associated Press Investors will be…
Culture
Penske Shakes Up Leadership of South by Southwest
SXSW, which began as a music festival in Austin, Texas, in 1987, has expanded to a two-week event that now features three tracks of…
News
New Data Provide a Pre-Tariff Snapshot of a Stable but Slowing Labor Market
The labor market remained sound in March, with job openings declining but layoffs remaining near record lows, while rates of new hiring…
Politics
F.D.A. Scientists Are Reinstated at Agency Food Safety Labs
Federal health officials have reversed the decision to fire a few dozen scientists at the Food and Drug Administration’s food-safety labs,…
Politics
British Government Takes Control of Country’s Last Major Steel Mill
The British government moved swiftly on Saturday to take control of operations at the country’s last large crude steel producing facility,…
Politics
Autoworkers Union Chief Gives Trump’s Tariffs a Mixed Review
The head of the United Automobile Workers union voiced partial support on Thursday for the Trump administration’s tariffs, saying targeted…
Business
Canada Will Use Its Retaliatory Tariff Earnings to Aid Workers and Businesses
The 25 percent tariff Canada began collecting on cars and trucks imported from the United States early Wednesday is notjust the country’s…
News
How Contracting Work Became a Race to the Bottom
Ben Whelan is not the kind of carpenter to wax poetic about the joys of framing a wall or redoing a roof. Like a lot of men he knows, he…
Business
Wall Street’s Decision Makers Brace for More Chaos After Markets Plunge
There was little rest on Wall Street this weekend. There was plenty of anger, anxiety, frustration, and fear. Anger at President Trump for…
Politics
U.S. Employers Added 228,000 Jobs in March, but Outlook Is Clouded
U.S. employers accelerated hiring in March, a surprising show of strength that analysts warned might be the high-water mark for the labor…
Politics
U.S. employers added 228,000 jobs in March, far more than forecast.
President Trump’s tariffs mean that companies across the European Union and around the world are at risk of losing access to the world’s…
Politics
Trump Is Promising a Manufacturing Renaissance. Is That Even Possible?
President Trump’s imposition of tariffs on a scale unseen in nearly a century is more than a shot across the bow at U.S. trading partners.…
Business
Layoffs and Unemployment Grow Among College Graduates
When Starbucks announced last month that it was laying off more than 1,000 corporate employees, it highlighted a disturbing trend for…
News
Dockworkers Vote to Accept New Labor Contract
Dockworkers on the East and Gulf Coasts voted in favor of a new contract on Tuesday, ending labor turbulence at ports that handle a large…
Politics
Who Are the Probationary Federal Workers Being Cut Under Trump?
In news about the Trump administration’s job-slashing effort, one class of federal workers comes up repeatedly: “probationary” employees.…
Business
Starbucks to Lay Off 1,100 Corporate Workers
Starbucks is laying off 1,100 corporate employees, its chief executive said in a letter to workers on Monday, marking the coffee chain’s…
Politics
Pushback to Latest DOGE Demand May Signal Limits for Elon Musk
A clash over Musk’s latest missive Monday could bring a standoff between Elon Musk and huge swaths of the federal government, including…
News
Elon Musk Tells Federal Workers to Detail Work in an Email or Lose Their Jobs
The demand left many workers reeling. Most of the Consumer Financial Protection Bureau’s work force had recently been placed on leave as…
Business
When Germany Votes, It Will Be About the Economy
When German voters go to the polls on Sunday, the fate of companies like SKW Piesteritz will be at the top of their minds. The chemical…