How Trump’s Immigration Plans Could Affect the Economy
Expelling noncitizens on a mass scale is likely to raise prices on goods and services and lower employment rates for U.S. workers, many economists say.
Expelling noncitizens on a mass scale is likely to raise prices on goods and services and lower employment rates for U.S. workers, many economists say.
The ruling, stemming from a complaint against Amazon, bars companies from compelling workers to attend meetings on unionization’s downsides.
Consumer sentiment among Republicans has soared to its highest point since Donald J. Trump left the White House, while declining among Democrats.
The United States is the biggest trading partner for the European Union and Britain, whose economies could be at risk from the president-elect’s policies.
Low-income countries need at least $1 trillion a year to manage climate change. Donald Trump’s victory just made that more difficult, but options exist.
Many Americans fretted about inflation as they headed out to vote. But Donald J. Trump’s approach comes with risks of a renewed boost.
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.
After gains by organized labor under President Biden, a second Trump administration is likely to change course on regulation and enforcement.
The president-elect says that tariff is “the most beautiful word in the dictionary.” You may be hearing it a lot.
The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.
Companies are filling their warehouses or looking into moving factories as they weigh President-elect Donald J. Trump’s threats to impose tariffs on foreign goods.
It requested information from a handful of firms that make chip manufacturing possible about their commercial ties to China.
Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.
Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?
America’s economic growth is the envy of its global counterparts. But voters wanted more from the Biden administration — specifically, lower prices.
In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter.
Sue Altman, a Democrat, has focused on reproductive rights as she seeks to unseat a Republican incumbent, Representative Thomas Kean Jr., in a New Jersey swing district.
The Biden administration has pursued a big shift in trade policy, but it’s not clear whether that will be enough to win votes.
Despite their concerns, some farm operators still support the former president and prefer his overall economic plan.
To prepare for ever-longer shopping season, thousands of employees were assembled for a retail jamboree in Florida’s August heat.
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.
The aerospace manufacturer’s largest union said it would put the contract to a vote on Monday by its 33,000 members, who rejected two earlier agreements.
U.S. payrolls grew by only 12,000 in October, a figure that left markets placid but fueled political contention. Unemployment remained 4.1 percent.
The Biden administration will place a hub of a newly created national semiconductor technology center in upstate New York.
Kamala Harris’s plans offer a bigger boost for the working class, but Donald Trump seems to be convincing voters.
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.
Economists expect the October data to show unusually weak job creation. But hurricanes and strikes may account for much of the shortfall.
Consumers still give the economy poor marks, though the job market is strong and price increases have faded for months.
It remains priority No. 1 for many voters, particularly those who are still undecided, according to Times/Siena polling. But can Kamala Harris translate her gains into votes?
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.
Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.
On average, pay has risen faster than prices in recent years. But the overall picture is complicated — and it’s not just facts versus “vibes.”
Kamala Harris has leaned in with promises to aid start-ups, but proprietors are often more focused on taxes and regulations.
As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals, yields on Treasury debt have risen.
A work-release program for Alabama prisoners provides labor for corporations and income for the state. Lawsuits are challenging its constitutionality.
Policymakers brace for more protectionism and the demise of “neoliberalism” if Donald J. Trump is re-elected in the U.S.
Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.
The International Monetary Fund said protectionism and new trade wars could weigh on growth.
A new state law allows tribes to file suit against gambling venues they don’t operate, potentially shuttering them and jeopardizing local tax revenue.
Treasury Secretary Janet L. Yellen said an agreement was close. She also rebuked China’s lending practices and called for more debt relief.
The brightest minds explore the issue at every level, from the levers that control inflation to the best way to achieve work-life balance.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”
Donald J. Trump has been talking up his economic record for Black voters. The legacy of the last eight years is complicated.
The Treasury secretary criticized former President Donald J. Trump’s economic proposals in a speech.
Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.
In a combative interview, the former president hinted at even higher tariffs as an economic magic bullet.
A pandemic relief bill set aside long-term funds for tribal lands that have lacked the tax revenue, and infrastructure, to spur businesses and wealth.
The vice president has repeatedly incorporated suggestions from business executives into her economic agenda.
Michelle Bowman, a Trump-appointed Fed official recently cited by JD Vance, has been gaining prominence.
Daron Acemoglu, Simon Johnson and James Robinson shared the award for their work on explaining the gaps in prosperity between nations.
A report shows how Russia has largely evaded sanctions aimed at limiting its revenue from oil sales.
Once the largest city in the U.S. to declare bankruptcy, this Midwestern metropolis is now thriving. But some obstacles still remain.
A state law allowing high schoolers to earn from endorsements, if they commit to attending a public university in Missouri, has helped Mizzou attract blue-chip players.
The former president often implies that deportations will bring down housing costs. Reality is more complicated.
Amazon’s delivery system depends on third-party companies. But labor regulators have challenged that model, possibly opening the way for unionization.
New reports from the World Trade Organization and a Washington think tank showed how robust global trade could quickly be derailed by violence.
Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates.
Nearly a month into a union walkout, the aerospace giant withdrew its latest contract offer, and the two sides exchanged blame over the breakdown.
The policy focus on the industry has changed from job quantity to job quality. And while federal incentives matter, local factors are more important.
Struggling landlords and developers are seeking leeway on coverage from their lenders — mostly in vain.
Business owners and foreign governments are preparing for high tariffs and trade disruptions, depending on the outcome of the election.
The Inflation Reduction Act was a compromise between competing priorities. Evaluating the law on the effectiveness of the $7,500 tax credit for E.V.s is tricky.
A record surge in new businesses has helped drive job growth, and could have longer-term benefits.
After months of wobbling, a fresh jobs report showed that hiring and wage growth are strong, aligning with other robust economic data.
Recent reports have shown inflation slowing and the economy growing at a robust clip. The Fed has also cut interest rates, bringing mortgage rates down.
The Georgia city is a picturesque tourist destination. It’s also the No. 2 ocean cargo hub on the East Coast, and the dock strike’s quick end was a relief.
Days after tens of thousands of longshoreman along the East and Gulf Coasts walked out, their union and their bosses reached a tentative agreement on wages.
U.S. employers added 254,000 jobs in September, a sign that economic growth remained solid. The unemployment rate fell to 4.1 percent.
Harold J. Daggett is seeking big raises for longshoremen on the East and Gulf Coasts who have fallen behind workers on the West Coast.
War in the Middle East, a strike by port workers and a devastating hurricane have injected uncertainty into the U.S. economy.
The labor dispute has forced President Biden and Vice President Kamala Harris into a complicated position just weeks before the election.
Research on hundreds of tropical storms finds that mortality keeps rising for more than a decade afterward, for reasons you might not expect.
The strike by longshoremen has halted commerce at Newark and other ports on the East and Gulf Coasts, affecting an ecosystem of supply-chain workers.
A Treasury official will call for greater transparency over emergency currency “swap” loans to struggling countries by China’s central bank.
Members of the International Longshoremen’s Association walked out for the first time since 1977 in a standoff over wages, benefits and job security.
Jerome H. Powell, chair of the Federal Reserve, said that inflation is down and unemployment up “significantly,” and that rates will move down “over time.”
A central question in the final stretch of the election is if Vice President Kamala Harris’s proposals will cohere into an economic argument that can top former President Donald J.…
Inflation is slowing so much that some economists said it could pave the way for another big Fed rate cut, if other data suggest one is warranted.
The group that represents port terminal operators said the International Longshoremen’s Association was refusing to negotiate a new contract before a Monday deadline.
A nonpartisan economic analysis warned that deporting migrants and increasing tariffs would damage the U.S. economy.
In a major address in Pittsburgh, the vice president praised business and used technical language to court economy-minded voters skeptical of big government.
The former president’s efforts to compel companies to remain in the United States had limited success while he was in the White House.
Vice President Kamala Harris’s campaign is preparing a lengthy document laying out an economic policy vision as voters say they want to know more about her approach.
Businesses are preparing for a strike by dockworkers on the East and Gulf Coasts, which could begin Oct. 1 if negotiations don’t yield a new contract.
The proposal includes raises of 30 percent over the four-year contract, up from a 25 percent offer, but it’s unclear whether it will satisfy workers.
The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the machinists’ union.
Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions.
As inflation cools and the Federal Reserve cuts rates, an era of economic upheaval is coming to a close, but not without lingering marks.
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, have taken a more cautious approach.
The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and borrowing costs along with solid growth.
Fed officials kicked off rate cuts with a half-point reduction, confident that inflation is cooling and eager to keep the job market strong.
He has suggested that presidents should “have a say” on interest rates, though he later walked the comment back.
The Federal Reserve is poised to lower interest rates this week. Recent jobs data have been a reminder that a soft landing is not yet assured.
For corporate America, this week’s expected interest rate cut carries risks along with rewards.
The state is among a handful that will decide the presidential contest, and workers have felt increased prices at the grocery store and gas station.
Efforts by the Beijing-backed Semiconductor Manufacturing International Corporation, or SMIC, to break through innovation barriers have landed it in a geopolitical tech battle.
Corporate consolidation and technology have upended many jobs in recent decades. But few arcs are more surprising than that of the Hollywood producer.
Under pressure from Chinese competitors, Amazon, Walmart and other U.S. retailers have been exploring ways to avoid tariffs. Could a new Biden administration rule change that?
The vehemence of workers over wages and other issues caught the company and union leaders off guard.
Thousands of workers who build commercial planes in the Seattle and Portland, Ore., areas rejected a tentative contract recommended by union leaders.
Economists and analysts are dubious of Trump’s promises to slash gas prices or prod interest rates lower.
Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later.
More faced hardship in the United States last year, the Census Bureau said, as inflation and the end of subsidies outweighed higher incomes.
Vice President Kamala Harris has been balancing the challenges of defending “Bidenomics” and charting her own course on the economy.
Donald Trump has suggested he wants one, and the White House indicated that it has been quietly working on a proposal to set one up.
The former president has proposed using tariffs to fund child care, boost manufacturing, quell immigration and encourage use of the dollar. Economists are skeptical.
The Bureau of Labor Statistics, which tracks prices and employment, faces scrutiny after several missteps. Some questions have gone unanswered.
Donald Trump, in a speech in New York, said the commission would conduct a sweeping audit of the federal government and recommend “drastic reforms” for cutting waste.
The Transportation Department ordered American, Delta, Southwest and United to share more information about their rewards practices to ensure they are fair to consumers and rivals.
Japanese chip companies are tapping billions of dollars and collaborating with foreign firms as part of new government policies that look outward.
Employers added 142,000 jobs in August, fewer than economists had expected, and previous months were revised downward.
Fed officials have been watching the job market as they move toward a rate cut this month. Friday’s report contained good and bad news.
It’s tough to overstate how much hinges on Friday’s employment update, from the path for interest rates to the economic outlook.
Unemployment is still low, but job seekers are competing for fewer openings, and hiring is sluggish. That’s a big turnaround from recent years.
The Committee on Foreign Investment in the United States is expected to raise national security concerns about selling the iconic steel producer to Japan’s Nippon Steel.
Central bankers are lowering borrowing costs, but that won’t be a cure-all for a widespread lack of affordable housing.
A three-year analysis of unconditional cash stipends concluded that the initiative has had some success, but not the transformational impact its proponents hoped for.
The two presidential nominees are talking about their approaches for solving America’s affordability crisis. But would their plans work?
Both major presidential candidates propose exempting tips from taxes. That could encourage more reliance on tipping, and leave workers vulnerable.
Last week’s Democratic National Convention surfaced differences over the war in Gaza that could widen fissures between labor activists and union officials.
Inflation remained cool in July, based on the Personal Consumption Expenditures Index, keeping the Federal Reserve on track for rate cuts.
Home buyers this week saw the lowest average rate since early 2023, and existing-home sales rebounded in July. Analysts predict more relief ahead.
The Supreme Court refused to allow a key part of President Biden’s student debt plan to move forward. Here’s what’s left of it, and who could still benefit.
The Labor Department provided insight into a recent lapse in which revised payroll data was given out à la carte before it went online.
Both Democrats and Republicans are expressing support for tariffs to protect American industry, reversing decades of trade thinking in Washington.
Donald J. Trump, the Republican presidential nominee, has floated the idea of a 10 percent tariff on all U.S. imports, a plan that economists say could badly damage trade.
A decade ago, the city — and all of Michigan — had too many houses. Now it has a shortage. The shift there explains today’s costly housing market in the…
The two presidential candidates can both point to records of pushing poverty rates down, but their approaches could hardly be more different.
Wonderful Nurseries, owned by Stewart and Lynda Resnick, has sued the state to overturn a labor organizing law championed by the United Farm Workers.
The Federal Reserve Bank of Kansas City’s annual conference in Wyoming gets a lot of buzz. Here’s why it matters for Wall Street and the economy.
The Biden administration announced new penalties on shell companies and suppliers that were feeding Russia’s war against Ukraine.
The Democratic nominee says she wants to make raising a family more affordable. But she has provided few details on her proposals.
A new generation of Republicans is learning to love labor. It’s not clear if labor will love them back.
Jerome H. Powell made it clear that the Federal Reserve will cut rates on Sept. 18, as the central bank turns the corner in its fight against inflation.
The Justice Department is set to file an antitrust suit against the real estate company RealPage alleging illegal price-fixing facilitated by algorithms.
Rail labor disruptions in Canada tend to be brief, but a prolonged stoppage could have hurt farmers, automakers and other businesses.
Jerome Powell, the Federal Reserve chair, will deliver remarks as inflation cools and growth holds up — but as labor market weakening threatens to interrupt the soft landing.
The Labor Department issued revised figures for the 12 months through March that point to greater economic fragility.
The Federal Trade Commission was deemed to lack the authority to bar companies from restricting their employees’ ability to go to work for rivals.
Entrepreneurs say use of artificial intelligence for a variety of tasks is accelerating the path to hiring and, ideally, profitability.
Both candidates embrace expansions of government power to steer economic outcomes — but in vastly different areas.
Price increases when demand exceeds supply are textbook economics. The question is whether, and how much, the pandemic yielded an excess take.
Consumer spending is a crucial driver of economic growth, and a new report showing a rise in sales allayed recession fears.
The vice president is leaning into an effort to partly blame big companies for inflation, as progressives have pushed her to embrace that argument.
The vice president is expected to recalibrate President Biden’s policy themes in a bid to turn the Democratic economic agenda into an asset.
Grocery prices are no longer rising as rapidly, but food inflation remains a top issue for voters, polls show.
The recently established U.S.-China Financial Working Group is set to meet for discussions about financial stability and curbing the flow of fentanyl.
The 2028 Games will be the third for Los Angeles as host, but it will be a challenge to repeat the success of 1984.
The agreement at a Maryland store, the first to unionize, raises wages roughly 10 percent over three years and guarantees benefits and severance pay.
The key mortgage rate had its biggest one-week decline of the year, falling to the lowest level in 15 months.
The Biden administration must navigate the interests of U.S. companies and allied governments as it tries to close off China’s access to advanced chips
Nationalist hatred has been linked to forces like stagnant wages and declining services, even though research shows immigration helps many economies.
The move is the latest sign of trouble for the trans-Atlantic automaker, which has had sluggish North American sales and has said it needs to cut costs.
The Federal Reserve was about to cut interest rates, turning the corner after a long fight with inflation. But now, its soft landing is in question.
The former president’s economic agenda has made some notable reversals from the policies he pushed while in the White House.
Companywide profit increased, the result of hit movies and streaming growth. But Disney said softening theme park demand “could impact the next few quarters.”
The most recent and costliest of Mr. Trump’s ideas would end income taxes on Social Security benefits.
It has powered the economic recovery from the pandemic shock. Now wallets are thinner, and some businesses are feeling the difference.
The economy has repeatedly defied predictions of a downturn since the pandemic recovery began. Now signs of strength contend with shakier readings.
The announcement of CHIPS Act funding for a plant in Indiana means the United States will have attracted investment from the world’s top chipmakers.
Actors and writers won strict limits on artificial intelligence in last year’s contract negotiations, but editors and artists face a growing challenge.
The New York Times wants to hear from recent college graduates, other young job seekers and hiring managers about this year’s job market.
The vice-presidential nominee favors economic policies that help advance a socially conservative vision of American society — and that sometimes clash with Trump’s own plans.
A tax incentive, with bipartisan roots, aims to foster development in poor areas. It has fueled building, but it hasn’t always aided local residents.
The report on hiring in July added to worries about the economy. Stocks fell sharply, and Treasury yields declined in expectation of a Federal Reserve rate cut.
Central bankers are preparing to cut interest rates, and are monitoring job data as they consider when and how much to lower them.
Job gains are lately being driven by the government, health care and social assistance sectors, potentially masking broadly weaker hiring.
Output was up sharply in the second quarter, with the rise in goods produced far exceeding the increase in hours worked.
The Federal Reserve sets interest rates, and it operates independently of the White House. But rates could come down as inflation cools.
The ruling, raising the minimum wage and phasing out a lower wage for tipped workers, said legislators had acted improperly in dodging a referendum.
The Federal Reserve is expected to leave interest rates unchanged but could set up for a cut later this year.
The Amazon Labor Union has been divided over strategy and governance issues after winning a representation vote at a Staten Island warehouse in 2022.
Central bankers are paying more attention to the strength of the job market as inflation cools. But it’s a tough time to gauge its resilience.
Trends already underway make for a sunny outlook over the next few years. The question is who will get to take credit.
The Personal Consumption Expenditures Index climbed 2.5 percent, still more than the Fed’s 2 percent target, as price increases take time to come down.
The vice president has been critical of past trade deals. But her record suggests she could push for trade measures that address environmental issues.
Participation in the labor force has surged among women in their prime working years. But for those with children under 5, the gains may have peaked.
Gross domestic product rose at a 2.8 percent annual rate in the second quarter, new evidence of the economy’s resilience despite high interest rates.
A federal judge in Pennsylvania denied a request to delay the rule, siding with the agency and diverging from another court’s decision this month.
President Biden has not given his vice president an expansive economic portfolio. But she has engaged on issues of small-business lending, help for parents and more.
Community banks are big commercial real-estate lenders. But they say their loans are to sturdy local businesses, not those facing vacant office space.
Much of President Biden’s agenda polls well, but voters roundly dislike his handling of the economy. That’s a campaign challenge for his vice president, as she mounts a presidential bid.
Much of President Biden’s agenda polls well, but voters roundly dislike his handling of the economy. That’s a campaign challenge for his vice president, as she mounts a presidential bid.
As a presidential candidate in the past, the former California senator pushed for higher taxes and bigger housing investments.
The Republican Party is rejecting elite economic ideas in a bid for blue-collar votes, abandoning long-held free-market principles in the process.
A proposal to make landlords’ tax breaks contingent on rent limits has drawn industry pushback, progressive applause and some alternative approaches.
Antitrust cases contend that use of RealPage’s algorithm, which lets property owners share private data, amounts to collusion.
The sudden popularity of exempting tips from taxes is a reminder of the improvisational nature of economic policymaking under Donald Trump.
Ford, General Motors and other automakers are slowing investments in electric vehicles and doubling down on more profitable gasoline cars and trucks.
As inflation worries dominate, the Biden administration is struggling to take credit for infrastructure and industrial policy in the battleground state.
Some Republicans want to use revenue collected from higher duties on foreign goods to finance tax cuts. Economists say such a shift could widen the gap between the rich and…
The International Monetary Fund warned that inflation remained stubbornly high and that protectionism posed a risk to the global economic outlook.
Both candidates on the Republican ticket have argued that the U.S. currency should be weaker to support American exports.
Jerome H. Powell, the chair of the Federal Reserve, avoided signaling when the Fed would cut rates at a time when some economists are wondering why officials would wait.
The Biden administration declined to pursue a union complaint of labor abuses in Mexico, raising new concerns about offshoring.
After a yearlong inquiry, the Federal Trade Commission warned brands not to gag their small business operators or charge them extra fees.
Laws targeting gender-affirming care have uprooted thousands. But places that are more supportive can also be more expensive.
Fiscal hawks are lamenting the transformation of the party that claimed to prize fiscal restraint and are warning of dire economic consequences.