Fed Cuts Rates for First Time This Year
The Federal Reserve lowered rates by a quarter point, but one governor voted for a bigger cut. Balancing persistent inflation and a weaker labor market was “a challenging situation,” the central bank chair said.
G.O.P. Again Cedes Power on Tariffs to Avoid Crossing Trump
House Republicans extended a maneuver they engineered earlier in the year that effectively strips Congress of the power to disapprove of President Trump’s tariffs.
U.S., China Conclude Talks With ‘Framework’ on TikTok Sale
Top economic officials met in Madrid for a second day, with deadlines looming on tariffs and a ban on TikTok in the United States if it is not sold by its Chinese owner, ByteDance.
Did Britain Win the Trade War? Why It’s Tough to Declare a Victor.
Popular products from Britain and the European Union show how uneven and unpredictable U.S. tariffs have become, even when part of trade deals.
U.S. and China to Resume Talks on Tariffs and TikTok
Economic officials meeting in Madrid will seek to head off a November tariff deadline.
How Howard Lutnick Is Using Government Power to Pressure Private Companies
Commerce Secretary Howard Lutnick has been putting the squeeze on companies and trading partners in an unusual effort to raise revenue and expand the president’s role over the economy.
Hyundai ICE Raid Detained Workers With Short-Term Business Visas
Last week’s immigration operation at a battery plant highlighted a tactic that companies use to bring in foreign workers to establish new operations.