Business
As Fed Holds Rates Steady, Powell Says Next Step Is ‘Not at All Clear’
The Federal Reserve left interest rates unchanged on Wednesday for a third meeting in a row, as officials pointed to heightened…
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Prices (Fares
Business
Are We Headed for Recession? Economists Look Everywhere for Signs.
Americans are spending less at McDonald’s. Fewer container ships are expected at the Port of Los Angeles. Procter & Gamble is raising…
Politics
Barbie Maker Mattel Plans to Raise Prices Because of Trump’s Tariffs
Less than a week ago, President Trump suggested that children may have to make do with fewer toys this year. “Well, maybe the children…
Politics
How Trump’s Closing a Tariff Loophole Will Hurt UPS and FedEx
Less than a year ago, executives from FedEx and UPS were talking about how they were handling a flood of packages from China to American…
Politics
Farmers in Iowa Are Caught in Trump’s Trade War
It was time for Beau Hanson to lay down his bets. Like other farmers in western Iowa, in early April Mr. Hanson was preparing for spring…
Politics
Oil Prices Slide Further on Plans to Increase Supply
Oil prices resumed their downward slide after the OPEC Plus cartel of oil producers said over the weekend that it would pump more oil,…
Politics
Oil Prices Are Falling. Here’s Where That Could Spell Trouble.
Oil producing countries are bracing for a bumpy ride this year, with a precipitous drop in prices to the lowest levels in four years seen…
Business
A Tidal Wave of Change Is Headed for the U.S. Economy
When the Covid pandemic hit, factories in China shut down and global shipping traffic slowed. Within a matter of a few weeks, products…
Politics
They Help Companies Set Prices. Tariffs Are Making It Trickier.
We import a few raw materials for our manufactured products such as yttrium oxide, which is derived from a rare earth metal. We also…
Politics
Car Prices Expected to Rise as Tariffs on Parts Kick In
The United States imposed 25 percent tariffs on imported auto parts on Saturday that could sharply raise prices for new and used vehicles…
Politics
Companies Are Raising Prices as Tariffs Hit
More companies are starting to warn that they will have to pass on higher costs to American consumers, raising prices for products like…
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…
News
Exxon and Chevron Report Lower Profits While Girding for Tariffs
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout…
Politics
GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said the Trump administration’s tariffs would…
News
How to Save Time and Money at the Airport
From long lines to overpriced food and scarce seating, airports are rife with pitfalls. For some people, said Katy Nastro, a travel expert…
Politics
Do CEOs Dare Risk Tariff Transparency, and Draw Trump’s Fury?
Trump’s price war At a rally in Michigan last night, President Trump declared that “we’re ending the inflation nightmare.” But corporate…
Business
Starbucks Profit Drops, but Leaders Say Turnaround Is Working
Faster coffee. More baristas. More seating. Despite headwinds from higher coffee prices and tariffs on certain products, Starbucks is…
Business
UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come…
Politics
Are Shein and Temu Prices Going Up? What to Know as Trump Ends De Minimis Tariff Loophole
A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without paying tariffs and…
Politics
White House-Amazon Spat Culminates in Trump Calling Bezos ‘Very Nice’
President Trump’s 100th day in office started with what seemed to be a fresh and fast-escalating spat between the White House and Amazon.…
Politics
Trump to Sign Executive Order Walking Back Some Auto Tariffs
President Trump signed an executive order on Tuesday that will walk back some tariffs for carmakers, administration officials said,…
Business
Sweetgreen’s CEO on Robots, RFK Jr. and Why Salads Are So Expensive
When Jonathan Neman was a student at Georgetown in the mid-2000s, he and some friends wanted to start a restaurant. A fast-food…
Politics
How Tariffs Could Make Americans’ Hobbies More Expensive
Hobby forums, normally places for trading tips about knitting patterns and sharing photos of new projects, are now hosting in-depth…
Business
Why Antitrust Breakups of Google and Meta Could Be Difficult
The last time the courts seriously weighed the wisdom of breaking up a giant technology company was a quarter-century ago, after Microsoft…