Trump Administration Returns to Court for Yet Another Tariff Lawsuit
States and small businesses challenged the 10 percent tax on many imports that President Trump imposed after the Supreme Court struck down a…
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Consumer Spending, Engine of the U.S. Economy, Is Under Strain
Higher fuel costs are raising food and travel prices, while a shaky stock market tamps down free spenders.
First-Class Seats Drive Airline Profits. It Wasn’t Always This Way.
Airlines used to give away most of their nicest seats, but they have increasingly found ways to persuade people to pay a lot for them.
Middle East War Triggers Higher Prices in China
Three and a half years of deflationary pressure on Chinese factories reversed course last month as higher energy prices cycled into the econ…
Oil Goes Higher and Stocks Rise Ahead of U.S. Inflation Report
A temporary cease-fire in the war on Iran faces multiple hurdles and investors are watching the release of U.S. government data on inflation…
Judge Rejects Hegseth’s Second Attempt to Restrict Reporters at Pentagon
A federal judge gutted a set of rules that were adopted after the court declared an earlier press policy unconstitutional, in a case brought…
Labor Secretary Faces Civil Rights Complaints From Department Staff
Three employees described a hostile work environment under Labor Secretary Lori Chavez-DeRemer.
White House and Crypto Industry Fight Bank Lobby Over Stablecoin Income
The Trump administration backed a proposal for stablecoin issuers to offer yield to investors.
Volkswagen to End E.V. Production at Tennessee Plant
The German carmaker is the latest to scale back plans for electric vehicles in favor of gasoline models.
America’s Furniture Stores Struggle to Survive a Frozen Housing Market
Retailers are going bankrupt and liquidating as record-low housing turnover leaves fewer customers looking to furnish homes.
How the Strait of Hormuz Stifled a Market Rally
Questions about how freely ships can pass through the waterway have pushed up oil prices and weighed on stocks.
Fed’s Inflation Woes Preceded the War With Iran
An energy shock stemming from the fighting has added a layer of complexity to the Federal Reserve’s decision-making around interest rates.