The United States could run out of cash to continue paying its bills by mid-July if Congress does not take action to raise or suspend the nation’s debt limit, according to an analysis on Monday by the Bipartisan Policy Center. […]
U.S. Could Run Out of Cash by July, Analysis Finds Read More »
Since taking office, President Trump and his advisers have explained the president’s aggressive economic approach to tariffs with a litany of conflicting ideas. Other countries are “ripping off” America and need to be stopped. The United States is fighting a
Trump’s Tariffs Have Sown Uncertainty. That Might Be the Point. Read More »
Secretary of State Marco Rubio said on Monday that Ukraine would have to make concessions over land that Russia had taken since 2014 as part of any agreement to end the war. Mr. Rubio spoke as he was flying to
Ukraine Must Cede Territory in Any Peace Deal, Rubio Says Read More »
A month ago, President Trump announced that he would impose sweeping tariffs on imports from Canada and Mexico before reaching a last-minute deal to delay them for 30 days. This week, after markets revolted when the tariffs were put in
Trump Bows to Economic Reality With Tariff Delays and Exemptions Read More »
The United States economy is starting to show signs of strain as President Trump’s abrupt moves to shrink federal spending, lay off government workers and impose tariffs on America’s largest trading partners rattle businesses and reverberate across states and cities.
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts Read More »
Treasury Secretary Scott Bessent will skip a meeting of finance ministers and central bankers from the Group of 20 nations in Cape Town next week, according to people familiar with his plans, deepening the rift between the United States and
Bessent to Skip G20 Finance Ministers Meeting in South Africa Read More »
The Senate on Tuesday voted 51 to 45 to confirm Howard Lutnick to be President Trump’s commerce secretary, putting in place one of the administration’s top economic officials who will help oversee an agenda around tariffs and protectionism. Mr. Lutnick,
Senate Confirms Howard Lutnick as Commerce Secretary Read More »
WASHINGTON – The Biden administration is likely to delay a final decision on whether to block the sale of U.S. Steel to Nippon Steel of Japan until after the election, slowing a process that has been caught up in presidential
Biden administration is likely to delay decision over U.S. Steel Read More »
