How the Tax Bill Could Impact Your Wallet
At the end of February, the House of Representatives passed a budget calling for up to $4.5 trillion in tax cuts over 10 years. Now, the haggling begins. Many of…
China Hits Canada With Tariffs in Indirect Riposte to Trump
China announced tariffs of up to 100 percent on canola, pork and other foods from Canada on Saturday, in retaliation for Canada’s decision last August to collect steep taxes on…
At Crypto Summit, Trump Says U.S. Will Be ‘the Bitcoin Superpower’
Sitting beneath a portrait of Abraham Lincoln, more than two dozen of the most powerful figures in the U.S. cryptocurrency industry, together worth many billions of dollars, gathered in the…
Sam Bankman-Fried Lobbies Trump Associates in Hopes of a Pardon
Consulting with a lawyer who has ties to President Trump. Reaching out to Washington lobbyists. And sitting for a jailhouse interview with Tucker Carlson. Sam Bankman-Fried, the disgraced cryptocurrency mogul…
Fired Federal Workers Face a Sluggish Job Market
For about a year now, the labor market has existed in a state of eerie calm: Not many people were losing their jobs or quitting, but not many of those…
Trump’s Policies Have Shaken a Once-Solid Economic Outlook
President Trump inherited an economy that was, by most conventional measures, firing on all cylinders. Wages, consumer spending and corporate profits were rising. Unemployment was low. The inflation rate, though…
SpaceX’s Starship Rocket Disrupts Florida Airports With Unsuccessful Test Flight
Starship — the huge spacecraft that Elon Musk says will one day take people to Mars — failed during its latest test flight on Thursday when its upper stage exploded…
Intuitive Machines’ Athena Lander Is on the Moon, but Its Fate Is Unclear
Athena didn’t crash. But what did happen to it? Hours after the 15-foot-tall robotic spacecraft arrived at the moon’s surface, closer to the lunar south pole than any spacecraft has…
Trump Suspends Mexico Tariffs on USMCA Goods for a Month
President Trump said on Thursday that he would allow Mexico to avoid tariffs on most exports to the United States for one month, saying he would exempt products that are…
E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
The European Central Bank lowered interest rates on Thursday, the sixth consecutive cut, amid a rapidly changing economic landscape for the region. The bank’s key rate was cut by a…