Amazon Union Push Falls Short at North Carolina Warehouse
The outcome was a setback for workers trying to score a second election success at an Amazon facility. The union vowed to keep trying to organize.
The outcome was a setback for workers trying to score a second election success at an Amazon facility. The union vowed to keep trying to organize.
The lack of clarity about tariffs and other policies could hurt hiring and investing. But the strong U.S. economy should provide a buffer.
Liquor is leverage as the world careens toward another trade dispute. European tariffs on American whiskey snap back after March 31 unless an extension is granted.
The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system started.
Along the Pearl River in southern China, a fast-growing industry is churning out cheap clothes and toys that are flooding the world duty-free.
The president said advisers would devise new tariff levels reflecting countries’ tariffs, taxes, subsidies and other policies affecting trade with the United States.
President Trump says the canal authority is overcharging. Recent increases are attributed in part to drought, maintenance investments and demand.
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
The report will revise figures from 2023 and 2024. Here’s what to know.
Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and other users of metal goods.
The president said he planned sweeping tariffs on all steel and aluminum imports on Monday and would take other action to even out tariff rates with the rest of the world later this week.
The 25 percent tariff the president is proposing is almost identical to a move in his first term. Economists and foreign governments know what will come next.
The president said he planned sweeping tariffs on all steel and aluminum imports on Monday and would take other action to even out tariff rates with the rest of the world later this week.
Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump administration is considering letting them go private again.
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
President Trump announced potentially crippling tariffs against Canada, only to suspend them for 30 days. What will satisfy him remains unknown.
The president said he planned to impose tariffs on countries that tax U.S. products. He also paused an action against China, allowing its low-cost products to again enter the U.S. tariff free.
U.S. employers added 143,000 jobs last month, somewhat fewer than forecast, while unemployment fell to 4 percent and hourly earnings rose.
The Labor Department’s January survey will include revisions making data for previous months look stronger in some cases and weaker in others.
Many Democrats and activists are rallying to defend diversity programs, but others say they distract from deeper efforts to address inequality.
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again.
A strong dollar helped drive an uptick in U.S. imports last year, while export growth remained modest.
The president’s threats to slap duties on goods imported from the European Union are part of a pattern of directing the harshest penalties at the United States’ closest allies.
The president sees the U.S. economy as a powerful lever against other countries but there are risks to that approach.
After a 10 percent tariff on Chinese products took effect on Tuesday, China announced retaliatory measures, including tariffs and an investigation of Google.
President Trump’s tariff measures included a significant change to trade rules that could increase costs for many products bought online, including on Amazon, Shein and Temu.
The invoking of national security to unravel trade agreements could scramble the international trading system in China’s favor.
President Trump has insisted that his new tariffs on America’s largest trading partners will not increase prices for Americans. But a review of how they work suggests that is not the case.
General Motors and a few other companies make as much as 40 percent of their North American cars and trucks in Canada and Mexico, leaving them vulnerable to tariffs.
Experts say the freight system could handle an increase in imports from Canada and Mexico, but there is little sign of a significant increase.
The order is aimed at “last-minute, lame-duck” agreements signed by the Biden administration, a White House memo says.
The White House press secretary said the president would move forward with levies on America’s largest trading partners on Saturday.
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.
Howard Lutnick, the financier President Trump has picked to lead the Commerce Department, said he favored “across-the-board” tariffs and was grilled about his financial ties in a nomination hearing Wednesday.
Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, said he favored “across the board” tariffs and faced grilling about his financial ties in a nomination hearing Wednesday.
DeepSeek’s A.I. models show that China is making rapid gains in the field, despite American efforts to hinder it.
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
Howard Lutnick disclosed details of complex financial interests, holding at least $800 million in assets.
Whole Foods workers in Philadelphia are voting on whether to form the first union in the Amazon-owned chain. The company is pushing back.
The market perked up late in the year when interest rates eased, but affordability challenges yielded the fewest transactions since 1995.
President Trump wants an External Revenue Service to collect tariffs on imports. One trade expert said the move may be “more branding than substance.”
The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, countries that together account for more than a third of U.S. trade.
The United Automobile Workers union has been pressing the automaker, which owns Chrysler and Jeep, to revive the plant in Belvidere, Ill.
The president wants to begin renegotiating a U.S. trade deal with Canada and Mexico earlier than a scheduled 2026 review, people familiar with his thinking said.
President Trump appears willing to shake up almost every policy area, and a behind-the-scenes E.U. task force has been trying to prepare. But is Europe ready?
The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a sweeping review of U.S. trade policy.
Government agencies that shrank in President-elect Trump’s first term have mostly bounced back, and some have become even larger.
The incoming president has floated numerous tariff plans. Retailers say their livelihood could depend on which ultimately come to fruition.
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.
Mr. Trump has said he plans to nominate Billy Long, a former Republican congressman, to the role.
Federal employees and others in the capital have grown attached to work-from-home arrangements. But hybrid work may disappear in the second Trump era.
The ongoing disaster will affect residents’ health, local industries, public budgets and the cost of housing for years to come.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Gov. Gretchen Whitmer addressed the Detroit Auto Show, saying that tariffs should not be used “to punish our closest trading partners,” like Canada.
The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that could reach billions, officials said.
The administration announced it would penalize its largest-ever batch of companies linked to Xinjiang, including major suppliers of critical minerals and textiles.
Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a leadership role.
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts. President-elect Donald J. Trump put economic policy at the center of his campaign and, in assembling his economic team, has turned to a group of Wall Street executives, economists, lawyers…
Partway through a panel discussion at a recent economics conference in San Francisco, Jason Furman, a former adviser to President Barack Obama, turned to Kimberly Clausing, a former member of the Biden administration and the author of a book extolling the virtues of free trade. “Everyone in this room agrees with your book,” Mr. Furman…
A December gain of 256,000 blew past forecasts, and unemployment fell to 4.2 percent. But markets recoiled as interest rate cuts seemed more distant.
Retailers may be taking a more staggered approach to holiday hiring.
A marriage between the service employees union and the A.F.L.-C.I.O. could better equip organized labor to deal with a less-friendly administration.
Hiring has slowed, but joblessness remains at levels defying economic norms. Big policy changes under a new administration could test that resilience.
Putting tariffs on Denmark unless it cedes the island of Greenland could hurt access to a few key products, including popular medicines.
Cargo could stop flowing at East and Gulf Coast ports, which handle most imports, if a union and an employers’ group can’t agree on the use of machines that can operate without humans.
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.
He put forth the so-called Easterlin paradox, finding that the richer you are doesn’t mean the more satisfied you’ll be with your life.
The Commerce Department requested that private companies comment on the implications of the rule by March. The final decision will fall to the Trump administration.
The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.
The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over their efficacy.
A fierce dispute erupted in the president-elect’s camp between immigration hard-liners and tech industry leaders including Elon Musk.
The Treasury secretary urged Congress to protect the full faith and credit of the United States by raising the debt limit.
President-elect Donald J. Trump has threatened to impose tariffs on Canadian exports unless the country stops the flow of migrants and fentanyl to the U.S.
Film production has failed to bounce back after major strikes last year, and competition from other locales has gotten stiffer.
President-elect Donald J. Trump is expected to roll back many of the rules and subsidies that have attracted billions of dollars from the private sector to renewable energy and electric vehicles.
The Japanese companies are considering joining forces to survive in a rapidly changing auto industry, but auto history is filled with troubled and failed marriages.
The older-style chips are crucial for a wide array of appliances and other machinery, including weaponry.
America’s economy is far outstripping its peers, but there are serious risks, including from the president-elect.
The workers’ union hopes that adding employees at the Staten Island warehouse to a protest started by delivery drivers will increase pressure on Amazon.
Years of strife ruined the energy sector, battered the currency and strangled growth. The West must ease financial controls to help the economy, experts say.
The walkouts in Los Angeles, Chicago and Seattle come after talks between the company and the workers’ union failed to produce an agreement on raises.
The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected.
The chipmaker expects more than $10 billion in foreign sales this year, but the Biden administration is advancing rules that could curb that growth.
The retail giant said it expected its operations to be largely unaffected by the strike of some Teamsters union members.
Rates may not come down as much or as quickly as had been expected, just as Trump — a self-declared “low-rate guy” — returns to the White House.
President-elect Donald J. Trump’s proposals on tariffs, immigration, taxes and deregulation may have far-reaching and contradictory effects, adding uncertainty to forecasts.
Silicon Valley hopes that tech giants like Elon Musk could help to push the incoming Trump administration toward offering more visas to highly skilled foreign workers.
Investors and executives are often emphasizing what they like in the president-elect’s agenda, while dismissing what they don’t as mere posturing.
The investigation could result in tariffs on older types of chips from China, though the decision would ultimately fall to Trump.
A staff report by the Senate labor committee, led by Bernie Sanders, uncovered evidence of internal concern about high injury rates at the e-commerce giant.
President-elect Donald J. Trump is supporting the International Longshoremen’s Association, which could strike soon if it doesn’t reach a deal on automation with employers.
An intense struggle has unfolded in Washington between companies and officials over where to draw the line on selling technology to China.
The department has confronted the challenge of China by restricting key exports, a policy that is likely to continue in the Trump administration.
The Bureau of Labor Statistics, which tracks jobs and inflation, issued a report on what caused embarrassing episodes in which data was released improperly.
Layoffs remain relatively low, but people who lose their jobs could be struggling to find new ones.
Walter Mosley talks about how his fictional hero frees himself from wage labor through America’s favorite side hustle: landlording.
Fannie Mae and Freddie Mac, which backstop most U.S. mortgages, know floods and fires are a growing problem. But little action has been taken.
Hiring bounced back after disruptions from storms and a major strike.
From Facebook political debates to college classrooms, the St. Louis Fed’s data tool has gained a major following.
President-elect Donald J. Trump threatened to impose tariffs on countries that seek to replace the dollar in trade or undermine its global reserve currency status.
New rules prohibit the sale of certain types of chips and equipment to China, in an effort to close loopholes and cement the Biden administration’s legacy in countering the U.S. rival.
The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will follow through on promises to help the working class.
Minutes from a Nov. 6-7 meeting showed that Federal Reserve policymakers favored lowering rates “gradually.”
The president-elect’s threat to hit Canada, Mexico and China with new tariffs is already rocking business and diplomatic relationships and could topple the trade pacts he signed in his first term.
Inflation has been stubborn in recent months. Now, President-elect Donald J. Trump’s tariffs loom as a potential risk.
The president-elect’s opening salvo in trade and border talks with the United States’ neighbors is casting a harsh light on the North American alliance.
The lawyer Jamieson Greer is set to be the top U.S. trade negotiator, a crucial position given the president-elect’s threats to impose tariffs on imports from other countries.
The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and changing some of its investment commitments.
The president-elect said that he would impose the tariff on Day 1 and that it would stay in place until Canada and Mexico halted the flow of drugs and migrants across U.S. borders.
A moderate from a swing district, she received endorsements from several unions but narrowly lost her bid for a second House term.
Donald Trump has a record of pardoning favored companies from tariffs. Companies are once again lining up to try to influence him.
Logging has long been a way of life for rural communities in the Pacific Northwest and South. It also comes with grave risk.
JD Vance and others on the “new right” say limiting immigration will raise wages and give jobs to sidelined Americans. Many studies suggest otherwise.
President-elect Donald J. Trump is assembling a team of aides bent on confrontation with China. But he also has advisers who do business there, including Elon Musk.
The bellwether retailer reported higher-than-expected sales in its latest quarter and upgraded its forecast for the rest of the year.
Economists are trying to guess at how Trump policies could affect growth and inflation. The uncertainties are huge.
President-elect Donald J. Trump is expected to invite the contenders for the role, including Kevin Warsh and Marc Rowan, to Mar-a-Lago this week.
The White House is racing to finish grant agreements for chip manufacturers, but some of its biggest successes might be credited to the Trump administration.
The regulator faulted the automaker for not recalling cars with defective rearview cameras quickly enough and for providing incomplete and inaccurate information.
The United States is the biggest trading partner for the European Union and Britain, whose economies could be at risk from the president-elect’s policies.
Expelling noncitizens on a mass scale is likely to raise prices on goods and services and lower employment rates for U.S. workers, many economists say.
Consumer sentiment among Republicans has soared to its highest point since Donald J. Trump left the White House, while declining among Democrats.
Investors have been comforted by a clear election result and are anticipating tax cuts and deregulation from a second Trump administration.
Low-income countries need at least $1 trillion a year to manage climate change. Donald Trump’s victory just made that more difficult, but options exist.
Many Americans fretted about inflation as they headed out to vote. But Donald J. Trump’s approach comes with risks of a renewed boost.
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.
After gains by organized labor under President Biden, a second Trump administration is likely to change course on regulation and enforcement.
The president-elect says that tariff is “the most beautiful word in the dictionary.” You may be hearing it a lot.
The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.
Companies are filling their warehouses or looking into moving factories as they weigh President-elect Donald J. Trump’s threats to impose tariffs on foreign goods.
It requested information from a handful of firms that make chip manufacturing possible about their commercial ties to China.
Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.
Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?
America’s economic growth is the envy of its global counterparts. But voters wanted more from the Biden administration — specifically, lower prices.
In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter.
Sue Altman, a Democrat, has focused on reproductive rights as she seeks to unseat a Republican incumbent, Representative Thomas Kean Jr., in a New Jersey swing district.
Despite their concerns, some farm operators still support the former president and prefer his overall economic plan.
To prepare for ever-longer shopping season, thousands of employees were assembled for a retail jamboree in Florida’s August heat.
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.
Economists expect the October data to show unusually weak job creation. But hurricanes and strikes may account for much of the shortfall.
U.S. payrolls grew by only 12,000 in October, a figure that left markets placid but fueled political contention. Unemployment remained 4.1 percent.
The Biden administration will place a hub of a newly created national semiconductor technology center in upstate New York.
Kamala Harris’s plans offer a bigger boost for the working class, but Donald Trump seems to be convincing voters.
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.
The aerospace manufacturer’s largest union said it would put the contract to a vote on Monday by its 33,000 members, who rejected two earlier agreements.
Consumers still give the economy poor marks, though the job market is strong and price increases have faded for months.
The Biden administration has pursued a big shift in trade policy, but it’s not clear whether that will be enough to win votes.
Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.
Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.
On average, pay has risen faster than prices in recent years. But the overall picture is complicated — and it’s not just facts versus “vibes.”
Kamala Harris has leaned in with promises to aid start-ups, but proprietors are often more focused on taxes and regulations.
A work-release program for Alabama prisoners provides labor for corporations and income for the state. Lawsuits are challenging its constitutionality.
Policymakers brace for more protectionism and the demise of “neoliberalism” if Donald J. Trump is re-elected in the U.S.
Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.
As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals, yields on Treasury debt have risen.
The vote, hours after Boeing reported a $6.1 billion loss, will extend a nearly six-week-long strike at factories where the company makes its best-selling commercial plane.
The economic lifeline is expected to be disbursed by the end of the year.
A new state law allows tribes to file suit against gambling venues they don’t operate, potentially shuttering them and jeopardizing local tax revenue.
The International Monetary Fund said protectionism and new trade wars could weigh on growth.
In an interview, the Treasury secretary also highlighted progress at the World Bank and the International Monetary Fund ahead of annual meetings this week.
The brightest minds explore the issue at every level, from the levers that control inflation to the best way to achieve work-life balance.
Daron Acemoglu, Simon Johnson and James Robinson shared the award for their work on explaining the gaps in prosperity between nations.
Donald J. Trump has been talking up his economic record for Black voters. The legacy of the last eight years is complicated.
Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.
The Treasury secretary plans to criticize former President Donald J. Trump’s economic proposals in a speech.
Michelle Bowman, a Trump-appointed Fed official recently cited by JD Vance, has been gaining prominence.
A pandemic relief bill set aside long-term funds for tribal lands that have lacked the tax revenue, and infrastructure, to spur businesses and wealth.
In a combative interview, the former president hinted at even higher tariffs as an economic magic bullet.
A report shows how Russia has largely evaded sanctions aimed at limiting its revenue from oil sales.
Once the largest city in the U.S. to declare bankruptcy, this Midwestern metropolis is now thriving. But some obstacles still remain.
The former president often implies that deportations will bring down housing costs. Reality is more complicated.
A state law allows high school athletes to earn endorsement money as long as they commit to attending a public university in Missouri. It’s having an effect.
New reports from the World Trade Organization and a Washington think tank showed how robust global trade could quickly be derailed by violence.
Amazon’s delivery system depends on third-party companies. But labor regulators have challenged that model, possibly opening the way for unionization.
Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates.
Business owners and foreign governments are preparing for high tariffs and trade disruptions, depending on the outcome of the election.
The International Longshoremen’s Association received a new wage offer and will halt its walkout at East and Gulf Coast ports, which began Tuesday.
Struggling landlords and developers are seeking leeway on coverage from their lenders — mostly in vain.
A new analysis finds that Vice President Kamala Harris and former President Donald J. Trump’s plans would both add to the deficit, but Mr. Trump’s proposals could create a fiscal hole twice as big.
A new analysis estimates that the former president’s proposals could grow deficits by as much as $15 trillion over a decade.
After months of wobbling, a fresh jobs report showed that hiring and wage growth are strong, aligning with other robust economic data.
Recent reports have shown inflation slowing and the economy growing at a robust clip. The Fed has also cut interest rates, bringing mortgage rates down.
U.S. employers added 254,000 jobs in September, a sign that economic growth remained solid. The unemployment rate fell to 4.1 percent.
The Georgia city is a picturesque tourist destination. It’s also the No. 2 ocean cargo hub on the East Coast, and the dock strike’s quick end was a relief.
Days after tens of thousands of longshoreman along the East and Gulf Coasts walked out, their union and their bosses reached a tentative agreement on wages.
A record surge in new businesses has helped drive job growth, and could have longer-term benefits.
Harold J. Daggett is seeking big raises for longshoremen on the East and Gulf Coasts who have fallen behind workers on the West Coast.
The policy focus on the industry has changed from job quantity to job quality. And while federal incentives matter, local factors are more important.
Research on hundreds of tropical storms finds that mortality keeps rising for more than a decade afterward, for reasons you might not expect.
The strike by longshoremen has halted commerce at Newark and other ports on the East and Gulf Coasts, affecting an ecosystem of supply-chain workers.
The labor dispute has forced President Biden and Vice President Kamala Harris into a complicated position just weeks before the election.
Transportation and warehousing sectors are poised to first feel the pinch, with a broader economic fallout expected if the strike drags on.
Jerome H. Powell, chair of the Federal Reserve, said that central bankers will lower rates as much as needed, but have forecast two more quarter-point rate cuts this year.
Thousands of dockworkers who load and unload cargo ships could walk off the job on Tuesday, halting nearly all activity at ports from Maine to Texas.
Updated figures show that gross domestic product, adjusted for inflation, grew faster in 2021, 2022 and early 2023 than previously reported.
A central question in the final stretch of the election is if Vice President Kamala Harris’s proposals will cohere into an economic argument that can top former President Donald J. Trump’s.
Inflation is slowing so much that some economists said it could pave the way for another big Fed rate cut, if other data suggest one is warranted.