President Trump said on Wednesday that he would pause tariffs on cars coming into the United States from Canada and Mexico for one month, after a 25 percent tariff that he placed on America’s closest trading partners a day earlier roiled stock markets and prompted stiff resistance from industry. Karoline …
“A little disturbance” For months, the debate gripping board rooms, Wall Street and world capitals was whether to take President Trump at his word on tariffs. For a while, the markets rallied as if he were just bluffing. He wasn’t. In an address before Congress last night, Trump said that …
Comments from a member of President Trump’s cabinet over the weekend have renewed concerns that the new administration could seek to interfere with federal statistics — especially if they start to show that the economy is slipping into a recession. In an interview on Fox News on Sunday, Howard Lutnick, …
More than a decade ago, Canadian miners prospecting for diamonds in western Greenland saw on the horizon a huge white hump. They called it White Mountain and soon discovered it was a deposit of anorthosite, a salt-and-pepper color mineral used in paints, glass fibers, flame retardants and other industries. The …
Elon Musk’s growing power in government appears to be making some of his businesses more of a magnet for investors. Case in point: Banks have managed to sell off most of the $12.5 billion worth of debt owed by X, his social network, to eager buyers. Investors are essentially betting …
Not so long ago, Taiwan basked in seemingly boundless, bipartisan support in Washington, where the island has long been regarded as a valiant democratic partner against China. Now, a few weeks into President Donald J. Trump’s second term, Taiwan is adjusting to a shift in its relationship with the United …
President Biden warned in his farewell address to the nation last week that an oligarchy is taking shape in America. In Washington, the oligarchs are already here, buying big houses. Counting President-elect Donald J. Trump himself, there are at least a dozen billionaires among his cabinet picks and those headed …