Category: Uncategorized

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.”

President Trump’s trade war is forcing companies to cut costs, raise prices, shrink profits, discontinue products and find other suppliers.

Once sidelined, President Trump’s counselor Peter Navarro has returned to Washington and quickly upended the global trading system.

“You have to laugh to keep from crying,” one Republican pollster said about recent comments by the billionaires on the stock market, retirement funds and Social Security.

As of August, the president’s investment portfolio showed significantly more in bonds than in stocks. It is unclear if his personal holdings had any bearing on his decisions regarding tariffs.

In Washington, President Trump inundated Prime Minister Giorgia Meloni of Italy with praise. She said he had accepted an invitation to go to Rome.

Kristalina Georgieva, the managing director of the International Monetary Fund, warned in a speech that protectionism erodes productivity.

The president said that Jerome Powell has been too hesitant to cut interest rates, and “he should certainly lower them now.”

Jerome H. Powell warned that Trump’s tariffs could lead to a “challenging scenario” for the central bank of higher inflation and slower growth.

Organized labor has taken a leading role in challenging the Trump administration’s downsizing agenda in court. A new service will offer more individualized representation.