Economy

President Trump continues to talk about creating a sovereign wealth fund. Economists say SWFs invite grift. But others say they cover for tax breaks. 

President 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.

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 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.

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.

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.

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. 

Restaurants are grappling with inflation and a changing consumer, a mix that has pushed some eateries into bankruptcy. Analysts expect more to come.

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.

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.