The White House has ordered federal agencies to stop considering the economic damage caused by climate change when writing regulations, except in cases where it is “plainly required” by law. The directive effectively shelves a […]
Tag: United States Economy
Trump’s 10% Tariff May Be Less Onerous but Still Raises Prices and Threatens Trade
When Donald J. Trump championed the idea of a 10 percent blanket tariff during the campaign, many people, whether for or against, were taken aback by how radical the idea was. Alarms sounded about higher […]
Trump and DOGE Are Planning Deregulation at a Massive Scale
At the Department of Health and Human Services, Trump administration officials want to reverse a regulation that has required nursing homes to have more medical staff on duty. At the Mine Safety and Health Administration, […]
What Is a Bear Market? Are We in One?
President Trump’s global tariffs have sent stock markets worldwide into a tailspin, and the S&P 500 on Wednesday was close to tumbling into bear market territory. Mr. Trump has seemed unmoved by the decline, signaling […]
Bessent Takes Tricky Center Stage as Trade Wars Roil U.S. Economy
The traditional gathering of former Treasury secretaries to welcome a newly minted one into the fold is usually a lighthearted and pleasant affair. But when the group convened this month, on President Trump’s “Liberation Day,” […]
