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Immigration raids have scared off customers and workers, a pattern repeated in other cities where federal officials have arrived in force.

President Trump announced Kevin Warsh as his nominee to succeed Jerome H. Powell as chair of the Federal Reserve. Our reporter Colby Smith explains why the choice matters for the economy.

If confirmed by the Senate, Kevin M. Warsh, a former governor at the central bank, will replace Jerome H. Powell, whose term as chair ends in May.

If confirmed by the Senate, Kevin M. Warsh, a former governor at the central bank, will replace Jerome H. Powell, whose term as chair ends in May.

Loloi stockpiled rugs from India, Turkey and other countries in advance, but inventory is running low.

Tariffs have protected some companies, but more often they’ve hit the parts and materials many factories need to make finished goods.

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Inflation is elevated but steady and the job market is holding up, leading economists to predict that the Federal Reserve will keep interest rates at current levels.

Municipal debt issuance surpassed $500 billion last year, a record that’s found a deep pool of buyers.