Economy
- Risk of a trade war rises as Trump boosts tariffs globallyPresident Trump is hiking tariffs on steel and aluminum, and pledging to impose more. The question is whether this leads to a widening conflict or not.
- Tariffs on China but not Mexico, Canada? The stakes in a potential trade war.In postponing some threatened tariffs but not others, U.S. President Donald Trump is sowing uncertainty for businesses and consumers in his own country and abroad. His tactics could score some wins, but also carry big risks.
- Inflation’s lasting pressure: A hotel worker’s story shows the struggleInflation has come way down since June 2022. But the issue might have decided the recent election. Here’s one story, from a Boston hotel worker, of how its effects still weigh on Americans.
- First LookTrump imposes steep tariffs on Canada, Mexico, and China. Will it sabotage economic growth?President Donald Trump has signed an order to impose stiff tariffs on imports from Mexico, Canada, and China, fulfilling a campaign promise but raising the prospect of increased prices for American consumers.
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- Globalization is over. Will Trump tariffs reset US-China rivalry?Speaking to Davos and Beijing, President Donald Trump is reaffirming that an era of free trade has given way to one focused around competition, especially between the U.S. and China.
- The ExplainerAmerica’s egg prices soar again. Farmers are seeking solutions.In one of the worst outbreaks in recent U.S. agriculture history, egg farmers are looking for new ways to contain a virus that spreads via wild birds.
- The Explainer$1 extra fries? McDonald’s value menu marks how chains are adapting or closing.Restaurants are grappling with inflation and a changing consumer, a mix that has pushed some eateries into bankruptcy. Analysts expect more to come.
- First LookAmazon workers are on strike. Will your gifts arrive on time?The strike – spanning seven facilities across the United States – is the largest against Amazon in U.S. history, according to the Teamsters. More are “prepared to join,” says the union, which represents nearly 10,000 workers at the online retailer.
- First LookJapanese automakers want to fend off China. But Nissan and Honda deny merger rumors.Nissan and Honda said they are considering collaboration but denied rumors of a merger. The Japanese automakers announced in August that they, along with Mitsubishi, will share components for electric vehicles as Chinese EVs cut into their market share.
- The ExplainerWhy is the US in a housing crisis, and what can be done about it?More people are seeking homes than there are places to buy or rent, which contributes to high prices. Here’s what led to the housing crisis, and some potential solutions.
- In UnitedHealthcare CEO’s killing, industry frustration crowds out empathyThe shooting of the CEO of UnitedHealthcare has put a spotlight on frustrations over medical debt and lack of security for threatened executives.
- First LookBitcoin just crossed the $100,000 mark. Why did its value explode in the last month?Donald Trump’s potential SEC commissioner, as well as his campaign promises, have encouraged investors to put more money in the cryptocurrency. Though the value of bitcoin more than doubled this year, some experts continue to warn of investment risks.
- The Trump economy: How will tariffs, taxes, and big debt affect workers?The president-elect’s economic team will face a minefield of fiscal and economic challenges, with no clarity as to how American workers will fare.
- Surprisingly, Wall Street doesn’t seem to care who gets elected. So far, at least.The stock market isn’t panicking amid the tumult of the Harris-Trump presidential race. Still, the Trump tariff proposals draw warnings.
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- For Syria’s religious minorities, new freedoms, yet lingering insecurity
- The Supreme Court has helped presidential power expand. Trump may test its limits.
- More than a rift: Trump aides cast doubt on shared values with Europe