Category: Business

The Biden administration this week awarded $504 million to 12 regions in states from New Mexico to New Hampshire with the goal of transforming overlooked communities into “tech hubs.” The grants reflect an effort to spread the production of critical technology beyond epicenters like Silicon Valley and coastal regions, bringing with them more high-paying jobs […]

Bonds have begun to recede into the background, where they belong. As steady earners, they don’t even try to compete with stocks, the prima donnas of the investing world. The first half of the year was mediocre for bonds, but that counted as a colossal improvement. All too frequently in the last three years, bonds […]

With his poll numbers dropping and Democrats writing off his candidacy, Joseph R. Biden Jr. sat down with George Stephanopoulos of ABC News in the hope that a major TV interview could help revive a presidential campaign that appeared all but finished. The date was Feb. 9, 2020. Mr. Biden would finish fifth in the […]

The monthly employment report on Friday is projected to show that employers added 190,000 jobs in June, according to a Bloomberg survey of economists. That would be a downshift from the 272,000 jobs added in May. The economy remains solid overall, with unemployment still low, the stock market hovering at new highs and wage growth […]

When Donald J. Trump became president in 2017, prices had risen roughly 5 percent over the previous four years. If he were to win the race for the White House in 2024, he would be entering office at a time when they are up 20 percent and counting. That is a critically different economic backdrop […]

A fresh employment report on Friday showed that unemployment ticked up in June as wage growth cooled, signs that the labor market continued to moderate after years of remarkable strength. That could keep Federal Reserve officials wary as they watch for signs that the job market is on the cusp of cracking. Fed policymakers have […]

Like a globe-spanning tornado that touches down with little predictability, deep economic anxieties are leaving a trail of political turmoil and violence across poor and rich countries alike. In Kenya, a nation buckling under debt, protests over a proposed tax increase last week resulted in dozens of deaths, abductions of demonstrators and a partially scorched […]

It might seem like a great time to own apartment buildings. For many landlords, it is. Rents have soared in recent years because of housing shortages across much of the country and a bout of severe inflation. But a growing number of rental properties, especially in the South and the Southwest, are in financial distress. […]

Allegations of possible payments to help secure votes. Claims of abuse of agency funds by top diplomats. A possible job offer to entice a candidate to withdraw from a race. These are not the shenanigans of a corrupt election in an unstable country. Rather, they are efforts in the seemingly genteel parlors of a United […]

The European Union took the next step on Thursday toward collecting new tariffs on Chinese electric cars, telling automakers to obtain guarantees from banks that they would be able to pay the taxes set to be made final in October. The move was expected. The bloc had said on June 12 that it would impose […]