President Trump has made clear his intent to smash the reigning global economic order. And in 100 days, he has made remarkable progress in accomplishing […]
Category: Economy
Economy News
Trump’s Tariffs Prompt Wave of Lawsuits
Somewhere along a roughly 7,500-mile journey that begins in Shenzhen, China, there are 19 shipments bound for Rick Woldenberg, the chief executive of Learning Resources, […]
IMF Expects Trump’s Tariffs Will Slow Global Economic Growth
President Trump’s trade war is expected to slow economic growth across the globe this year, in large part because his aggressive use of tariffs is […]
Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’
Treasury Secretary Scott Bessent on Wednesday called for major overhauls to the missions of the International Monetary Fund and the World Bank but said the […]
Trump’s Tariffs Bump Into Reality as Economic Strategy Wavers
After weeks of bluster and escalation, President Trump blinked. Then he blinked again. And again. He backed off his threat to fire the Federal Reserve […]
Trump Team Races to Form Trade Deals After Tariffs Sow Global Chaos
For a president who advertises himself as a paramount deal maker, the next 11 weeks will be a pivotal test, as his advisers race to […]
After Trump Spares Apple, Other Businesses Want a Tariffs Break
Retail executives huddled with the president amid fears that tariffs could result in higher prices. Source link
Chobani Plans to Invest Over $1 Billion in New N.Y. Factory
The company, which has branched out from Greek-style yogurt, will invest more than $1 billion in the plant in the city of Rome. Source link
Inside a Union’s Fight Against Trump’s Federal Job Cuts
Leaders of the union representing government workers say their battle is galvanizing but also alarming. “It’s insulting to say,” one said, “that we are lazy.” […]
The Business Playbook for Tariff Chaos
President Trump’s trade war is forcing companies to cut costs, raise prices, shrink profits, discontinue products and find other suppliers. Source link