President Trump didn’t seem to mind as his worldwide tariffs set off stock market sell-offs and wiped out trillions of dollars in wealth. “Be cool,”… Read More »In U.S.- China Tariffs Standoff, Trump Showed Xi He Has Limits
Senator Elizabeth Warren, the Massachusetts Democrat, has asked the Securities and Exchange Commission to investigate whether President Trump violated securities laws while reversing course on… Read More »Warren Urges S.E.C. to Investigate Trading Around Trump’s Tariff Pause
Tesla’s sales in the United States fell almost 9 percent in the first three months of the year even as the overall market for electric… Read More »Tesla U.S. Sales Plunge as G.M. and Others Make Gains
Markets were rattled on Friday as the trade war between the United States and China continued to escalate. Futures trading suggested that the S&P 500… Read More »Stock Markets Rattled by Latest Escalation in U.S.-China Trade War
Wall Street’s biggest firms on Friday began to attempt the tricky two-step of revealing the toll of President Trump’s whiplash tariff policy without outright criticizing… Read More »Trump Puts Wall Street Leaders in Tight Spot
When Congress voted to normalize trade relations with China at the beginning of this century, U.S. manufacturers braced for a stream of cheap goods to… Read More »The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
Tesla has stopped accepting new orders in China for two car models that it imports from a factory in the United States, after the Chinese… Read More »Tesla Halts Orders in China on U.S. Imported Models
China responded to President Trump’s tariffs on Friday, raising its own tariffs on American goods to 125 percent, from 84 percent. The announcement by China’s… Read More »China Raises Tariffs on U.S. Imports to 125%
Cabot Creamery is voluntarily recalling more than 1,700 pounds of butter in seven states after testing found that the products had elevated levels of fecal… Read More »Cabot Butter Is Recalled Over Fecal Contamination Risk
A haunting childhood moment defined how John Kakuk would think about investing his own money when the time came. During the 2008 financial crisis, his… Read More »Why Young Investors Are Not Worried About Stock Market Swings
A day after President Trump capitulated on his global reciprocal tariffs, he and Commerce Secretary Howard Lutnick insisted that one country after another was coming… Read More »Trump Insists ‘Everybody’ Wants to Make a Trade Deal With the U.S.
The Chinese internet giant ByteDance has made some of the world’s most popular apps: TikTok and, in China, Douyin and Toutiao. In the United States,… Read More »How TikTok’s Parent, ByteDance, Became an A.I. Powerhouse
There will soon be a new category at the Oscars: achievement in stunt design. Starting with movies released in 2027, for the ceremony the following… Read More »Stunt Design Becomes a New Oscars Award Category
The head of the United Automobile Workers union voiced partial support on Thursday for the Trump administration’s tariffs, saying targeted duties on other countries could… Read More »Autoworkers Union Chief Gives Trump’s Tariffs a Mixed Review
It may surprise some to learn that New York is the most forgetful city when it comes to ride shares. So says Uber, which has… Read More »Uber’s Annual Lost and Found List Includes a Mannequin Head and Chain Saw
The stock market resumed its slide on Thursday, as the White House clarified that Chinese imports would face a tariff of 145 percent, prompting renewed… Read More »Stocks Fall as Tariff Pause Fails to Quell Wall Street’s Worries
Among those opposed to President Trump’s tariffs on imports from China: a legal group funded by some of the biggest names in conservative politics. Last… Read More »Challenge to Trump’s Tariffs Funded by Groups Linked to Charles Koch and Leonard Leo
President Trump is planning to announce new deals with several of the nation’s top law firms requiring them to offer legal support for some of… Read More »Trump Close to Winning Concessions From More Law Firms
Since taking office, the Trump administration has moved aggressively to revoke the temporary legal status of hundreds of thousands of immigrants who were allowed into… Read More »Pressuring Migrants to ‘Self-Deport,’ White House Moves to Cancel Social Security Numbers
Companies can set such high prices because of a quirk in Medicare pricing rules, industry experts said. For the first six months of a new… Read More »Medicare Bleeds Billions on Pricey Bandages, and Doctors Get a Cut
After China unveiled steep retaliatory tariffs on American exports on Wednesday, Treasury Secretary Scott Bessent issued a sharp and somewhat surprising response: “So what?” The… Read More »Trump’s Tariff Fight With China Poses New Threat to US Farmers
Every waiter knows the type: the volatile diner who barges in with a list of demands, orders an off-the-menu item that sends the kitchen into… Read More »Tariff News Is Scant Relief for Restaurants
Stocks on Wall Street tumbled on Thursday, a day after the market’s biggest rally in nearly 17 years, as investors reassessed the worsening trade war… Read More »Wall Street Stumbles as Relief Over Tariff Pause Fades
On the open 15th floor of a loft building in Midtown Manhattan, about a dozen skilled workers make their way through piles of pants, stitching… Read More »For U.S. Apparel Manufacturers, Chaotic Tariff Policy Isn’t Much Help
President Trump’s whipsawing tariff policy has prompted bipartisan alarm on Capitol Hill, where Democrats are outraged and Republicans are caught between their deep opposition to… Read More »Trump’s Tariff Reversal Calms Some G.O.P. Nerves, but Questions Linger
On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace for 1.25 billion euros ($1.38 billion) from Capri Holdings,… Read More »Prada to Buy Versace for Nearly $1.4 Billion
Inflation cooled unexpectedly sharply in March, a welcome development given the uncertainties surrounding President Trump’s global tariffs that are widely expected to stoke price pressures… Read More »Inflation Eased in March but Tariffs Raise Risk of Higher Prices
As the United States and China barreled headfirst into full-fledged trade war this week, one of Beijing’s most fashionable shopping districts was still bustling. People… Read More »China Says Its Own Consumers Will Save the Day. But They’re Not Buying.
A dizzying escalation of tariffs has unraveled a trade relationship between the United States and China forged over decades, jeopardizing the fate of two superpowers… Read More »U.S. and China Headed for ‘Monumental’ Split, Putting World Economy on Edge
European Union officials had just approved retaliatory levies of 10 to 25 percent on about $23 billion of American imports when President Trump abruptly changed… Read More »After Trump’s Tariffs Pause, the EU Takes a Moment to Reassess