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The Long Island City site was designated as an “opportunity zone,” an incentive created by President Trump’s tax bill to help low-income areas attract investment.
The third-quarter contraction was greater than expected and offered a worrying sign that trade protectionism is starting to take a toll.
The states offered tax credits, rebates and other incentives to lure the online retail giant and 25,000 jobs. Neighboring states offered even more.
After meeting with the governor and mayor, Amazon decided the men could put aside their differences, and it began to iron out a package worth over a billion dollars.
Nearly a year after the tax cut, economic growth has accelerated. Wage growth has not. Companies are buying back stock and business investment is a mixed bag.
Neither strong growth nor a $1.5 trillion tax cut helped President Trump’s party in the midterm elections — by any number of measures.
With the elections in the rearview mirror, Wall Street can focus on gridlock and interest rates — and maybe impeachment and a recession.
Her research established that a white man, even if he had a felony conviction, fared better when applying for a job than a black man with no criminal record.
The Fed, as expected, did not raise interest rates at its meeting that ended on Thursday but indicated another increase is still expected in December.
A change in control will block renewed tax-cut initiatives, but there may be room for accord on drug pricing and even stimulus, if the recovery falters.
Outsiders have little leverage to force the industry to change. The companies’ own workers are another matter.
How the company and local officials flesh out plans for the new corporate presence will be crucial to the economic lift it produces.
Amazon defied expectations by splitting its second headquarters into two locations. For the internet company, it seems to be working out rather nicely.
President Xi Jinping kicks off a Shanghai event showing a growing Chinese appetite to buy from the rest of the world. Even critics of the U.S. have doubts.
Business and conservation needn’t be opposed to one another. Government regulation to preserve the environment can unlock private sector wealth.
If history is a guide, the best part of the four-year “presidential cycle” is here. Will the pattern hold?
Where is this growth really coming from; how real is the concern over inflation; and how many more workers are out there?
The e-commerce giant lowered its estimate for revenue growth this year as challenges mount for the world’s second largest economy.
The last official snapshot of the economy before Americans vote on Tuesday offered another reminder of the labor market’s persistent strength.