U.S. Inflation Slowed to 2.7% in November as Shutdown Distorts Data
Data collection issues skewed the latest Consumer Price Index report, economists warned, clouding the picture for the Federal Reserve as it also grapples with a cooling labor market.
What to know about the report.
The Federal Reserve will get an updated read on U.S. inflation on Thursday with the release of last month’s Consumer Price Index.
Trump Dangles Cash Payments to Assuage Affordability Concerns
With tariffs unpopular and prices still high, the White House has teased the promise of tariff rebates and large tax refunds next year.
U.S. Threatens Penalties Against European Tech Firms Amid Regulatory Fight
The Trump administration singled out European tech firms by name and promised economic consequences Tuesday unless the E.U. rolls back tech regulation and lawsuits.
White House Dismisses Rise in Unemployment
The Trump administration looked to recast elements of a dour jobs report Tuesday as a sign of strength.
Jobs Report Could Provide Overdue Clarity on Uncertain Economy
Employers added 64,000 jobs in November, according to data delayed by the government shutdown, but the unemployment rate rose to a four-year high of 4.6 percent.
Europe May Roll Back Combustion Engine Ban
A proposal to revise an E.U. law requiring carmakers to stop producing combustion engines by 2035 would offer some relief to automakers, but it sets back the region’s climate goals.
Jobs Report Could Provide Overdue Clarity on Uncertain Economy
Hiring and unemployment data for November will offer a snapshot of a cooling job market buffeted by President Trump’s policies.
Trump’s Nvidia Chip Deal Reverses Decades of Technology Restrictions
President Trump’s decision to allow Nvidia to sell its chips to China has raised questions about whether he is prioritizing short-term economic gain over long-term American security interests.
U.S.-U.K. Trade Deal Hits Stumbling Block
The U.S. government has paused a tech-focused trade pledge with Britain over broader disagreements about Britain’s digital regulations and food safety rules.
Trump’s $100,000 H-1B Fee Faces Lawsuit
California and New York are among the states arguing that the Trump administration’s decision to charge that fee for skilled foreign workers is illegal.
Businesses Are Cashing In on Trump’s Tax Cuts
Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it.
Cooling Labor Market and Elevated Inflation Stoke Fed Divisions on Rate Cuts
Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point.