The president called early elections hoping to get out ahead of economic troubles, but the lira’s dive caught up with him before the June vote.
NYT > Economy
As the country heads for a time when no group makes up a majority, the change may affect white attitudes in far more than racial and economic matters.
The latest China trade talks defused a potential trade war, and promise a boost for American agriculture and energy, but at the cost of industries of the future.
President Trump threatened tariffs on $150 billion in goods, then tried conciliation. Beijing’s response either way: Rebuff the offers and avoid specific pledges.
The two countries said they had reached an agreement to increase American exports, but the White House noted that specifics would be agreed upon at a later date.
At the nation’s fourth-busiest gateway, local confidence over its potential outweighs any anxiety over the threat of tariffs.
President Trump is trying to broker a deal to bring down the national trade deficit with China. Experts doubt his goal is achievable.
Squeezing the two oil producers could increase demand for Russian crude and offer China and Russia a chance to deepen their ties to the Iranians.
Complete disengagement is impossible, but both Washington and Beijing envision a day when they don’t need each other as much to power their economies.
President Trump on Wednesday characterized his decision to review restrictions on a Chinese telecommunication company as part of “the larger trade deal.” But his commerce secretary and press aides have said differently.
Financial markets fell on news that the Five Star Movement and the anti-immigrant League party want to radically change the country’s ties with the European Union.
Jack Ewing, who covers autos and economics for The Times, says a “Jetsons”-like future is still far off, even as cars become even more computerized.
The disappointing performance breaks the country’s the longest growth streak in decades, though economists believe the contraction will be temporary.
President Trump and congressional Republicans are reviving an enduring party view that tying work requirements to antipoverty programs benefits those in need. There’s little evidence that’s so.
The federal tax law had the unintended effect of giving states a tax windfall. Now, states must weigh whether to spend the money or give it back to residents.
The gap between short- and long-term interest rates has shrunk, and if the trend intensifies, it may be a classic harbinger of recession.
Readers point to a simpler way to pay back loans and avoid ‘soul-crushing debt.’
An 18-year prison term for the founder of Anbang Insurance Group is part of Beijing’s effort to tame risky borrowing without hurting the broader economy.
Precision parts and behind-the-scenes technology could play a major role in the country’s effort to shake itself out of its slow-growth doldrums.
Tim Kane would seem to have the right stuff to be a G.O.P. candidate for Congress in any other year. But in 2018, he seems out of step with his party.