NYT > Business > Economy
CPI Shows Inflation Accelerating to 3.8% Annually in April After Weeks of War in Iran
The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.
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How the U.S. Is Trying to Ensure the Dollar’s Dominance During Economic Turmoil
As the government has been devising plans to keep the dollar dominant, China has been making its own moves to increase global influence of the renminbi.
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Which Trump Tariffs Are in Place, in the Works or Ruled Illegal
The president has reworked his tariffs repeatedly — sometimes because they have been declared illegal — with more updates still to come.
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Federal Reserve Turns Focus to Inflation as Job Market Stabilizes
April’s report showed employers added more jobs than expected, supporting the central bank’s view that it can afford to hold interest rates steady.
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With fuel costs soaring, Trump insists the economy is strong.
White House aides have sounded bullish on the jobs report, even as warning signs mount amid the war with Iran.
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What to know about the report.
Employers added 115,000 jobs and the unemployment rate remained at 4.3 percent despite higher energy prices and instability spurred by the war with Iran.
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Trade Court Rules Trump’s 10% Global Tariff Is Illegal
A panel of federal judges found that President Trump could not legally impose the tariff on most imports.
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Higher Gas Prices Are Hitting Lower-Income Americans the Hardest
People with lower incomes are driving less and devoting more of their budgets to transport as gas prices soar.
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Howard Lutnick Grilled by Lawmakers Over Epstein Ties
The commerce secretary appeared for hours in a closed-door session on Wednesday with the House Oversight Committee
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U.S. Sues The New York Times, Claiming Discrimination Against a White Man
The Equal Employment Opportunity Commission said the paper had engaged in “unlawful employment practices” against the man, who did not get a sought-after promotion.
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U.S. Trade Deficit Grew in March
Both exports and imports rose after the Supreme Court struck down many of the president’s highest levies in February.
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The Return for These Investors Isn’t Money, It’s More Affordable Housing
Local governments are trying to create housing that is permanently affordable by investing directly in construction. They are rewriting how housing programs have traditionally operated.
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E.E.O.C. Investigating Discrimination Claim at The New York Times
The Equal Employment Opportunity Commission recently referred a reverse-discrimination complaint by an employee to the agency’s legal unit for review.
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Trump Administration Pushes Forward With Tariffs Based on Forced Labor Laws
Nonprofit groups have applauded an investigation on trade in goods made with forced labor but say that the Trump administration should go further to enforce its own laws
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Fed Officials Cite Inflation Concerns in Defending Dissents
The Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.
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Oil Companies’ Huge Profits Revive Calls for Temporary Windfall Taxes
European nations imposed temporary taxes in the 2022 energy shock when Russia invaded Ukraine, but whether they can effectively help households is up for debate.
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Senators Say Lawyers Helped Wealthy Clients Dodge Taxes in Puerto Rico
Rich Americans are writing off taxes they owed before they moved to Puerto Rico, the Senate Finance Committee says.
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