Category: Economy

Trump to Nominate Eugene Scalia for Labor Secretary Job

President Trump said he would name Eugene Scalia as his next secretary of labor, tapping the son of the former Supreme Court justice Antonin Scalia for a position with...

Is Huawei a Security Threat? Vietnam Isn’t Taking Any Chances

HANOI, Vietnam — The battle for technological dominance between the United States and China is splitting the world in two, though not always along the lines you might...

Christine Lagarde Faces a New Challenge in Europe

She doesn’t have the typical résumé — no doctorate in economics, no post as a central banker — for running the body that sets monetary policy for one-fifth of...

Union Challenge of Trump Executive Orders Rejected by Federal Court

A federal appeals court on Tuesday dealt unions a setback in their legal fight against executive orders President Trump had signed targeting federal government workers...

Trump’s New Top Labor Official Is Expected to Advance an Anti-Labor Agenda

Congressional Republicans, members of their staffs and conservative activists regularly flew first class to Saipan, an island just north of Guam in the Pacific Ocean....

Why Midsize Cities Struggle to Catch Up to Superstar Cities

WINSTON-SALEM, N.C. — Within sight of a couple of huge brick smokestacks, looming witnesses to a past built on tobacco and powered by coal, there is something weirdly...

The Week in Business: Amazon Won’t Let the Robots Take Over

Want this column in your inbox? Sign up here. Whether you’re just coming back from a summer vacation, in the midst of one or not taking any time off, you’ve probably...

As Nations Look to Tax Tech Firms, U.S. Scrambles to Broker a Deal

WASHINGTON — For most of the 21st century, wealthy nations have engaged in a race to the bottom on corporate taxes, cutting rates in an effort to poach business...

Fed Chair Powell Signals Rate Cut as Economic Risks Loom

WASHINGTON — The Federal Reserve chair, Jerome H. Powell, signaled on Wednesday that the Fed could soon cut interest rates, sending stocks higher as the benchmark...

The Fed’s New Message: The Economy Can Get a Lot Better for Workers

ImageJerome Powell testifying Wednesday at a hearing on Capitol Hill. “To call something hot, you need to see some heat,” he said of the labor market.CreditZach...