President Trump is the first to invoke the International Emergency Economic Powers Act of 1977 to set tariffs on imported goods from more than 100 countries.
President Trump is the first to invoke the International Emergency Economic Powers Act of 1977 to set tariffs on imported goods from more than 100 countries.
Gross domestic product expanded at a 1.4 percent annual rate in the last quarter of the year, hit by the effects of the government shutdown.
Data released Thursday by the Census Bureau showed the overall trade deficit with the world narrowed, the result of an expanding trade surplus in services.
U.S. officials are threatening major changes to a trade agreement with Mexico and Canada that could upend the way business is done and leave Canada on the outs.
Barring a rapid deterioration in the labor market or a significant cooling of inflation, the Federal Reserve appears poised for an extended hold.
Jamieson Greer, a low-key lawyer from a working-class background, is rewriting the rules of the global economy at the president’s behest.
After a year of just 181,000 new jobs, January’s 131,000 increase in the U.S. workforce was surprisingly positive. Ben Casselman, The New York Times’ chief economic correspondent, explains the numbers.
European leaders have been compelled to address the possibility of once-remote risks to the financial networks and technology that undergird their economies.
Labor force participation for women with small children continues to float above prepandemic levels, thanks to flexible work setups — and rising costs.
Research from the New York Fed confirms that U.S. companies and consumers are bearing tariff costs, despite the president’s assertions otherwise.