All Economy
As mills close, timber industry pins its future on innovation, not tariffsGeorgia is a hub of the U.S. timber industry, yet its mills are closing fast despite some help from new tariffs. The industry aims to innovate and develop new products to survive.
To a T: How Phillip Eng got Boston’s subway system back on trackMany now see America’s oldest subway system as a model for repairing the country’s crumbling transportation infrastructure – a huge turnaround from two years ago.
Most Americans have avoided shutdown woes. That might change.The prospect of rising disruptions – from airports and national parks to programs such as SNAP – might test public patience with the government shutdown.
California’s take on a housing crisis: Aim for abundance, reap affordabilityCalifornia, trying to eliminate a deficit of 2.5 million housing units, has passed several laws making it easier to build more and denser housing.
As trade war tests Canada’s economy, it hits the US, tooA trade war with Canada might be less visible to Americans than one with China. But it has big impacts on both sides of the border, felt by U.S. households as prices for materials from metals to lumber jump.
Pittsburgh aims to capitalize on AI boom. Here’s how Steel City is remaking itself.Pittsburgh is attracting money, and talent, as the former steel industry center remakes itself as an AI hub focused on innovation for everyday tasks.
Why India may be the winner from Trump’s H-1B price hikeWhen Donald Trump hiked the cost of H-1B visas, Indian professionals looked to be the hardest hit. But India may also be the beneficiary of the new pool of job seekers.
Gold prices keep rising. Why? And how far could the surge go?Gold prices rise in uncertain times. The current spike may signal both hedges against inflated stock market risk and doubts about the dollar as a stable reserve currency.
Soybean bailout? Hard-hit farmers want China trade more than Trump aid.If Beijing and Washington can reach a soybean deal soon, it may pave the way for a larger trade agreement. Otherwise, America’s farmers will remain boxed out.
Amid immigration enforcement, migrant farmworkers’ numbers are fallingThe Trump administration’s immigration enforcement has hit some farms and agricultural businesses, and some operators say it’s harder to find workers.
The ExplainerShutdown spotlights a persistent problem: Too few air traffic controllersThe government shutdown might not yet be having a visible effect on air traffic controller staffing levels, but it could hurt efforts to hire and train more workers.
Bucking tradition, Trump pushes the US as an investor in for-profit companiesThe Trump administration is using public funds for private investments, saying it bolsters U.S. security and access to key resources. Critics see a risk to the economy’s free-market foundations.
Why Obamacare and health costs take center stage amid shutdownThe Affordable Care Act is central to the U.S. government shutdown, as Democrats argue to extend tax credits that lower health care premiums for millions.
H-1B visas help fuel US tech innovation. Reforms could bring winners and losers.President Trump is making H-1B visas more expensive. Some workers and companies might benefit, while others could lose out.
Fed cuts interest rates in response to a slowing job marketAfter months of White House pressure, the Federal Reserve cut interest rates by a quarter of a point on Wednesday, signaling two more cuts may follow, given job market woes.
With economy sagging, political risks rise for Trump and RepublicansInflation posted a 2.9% annual rate in August, up from 2.3% in April. Job creation has slowed sharply. These key indicators put pressure on Republicans as the party in power – even as they push blame toward the Federal Reserve and Democrats.
AI goes to college: How new tech is driving majors and jobsAs artificial intelligence starts to transform the job market, college students are the first to feel it – and are adapting their coursework and career planning.
Job creation has slowed sharply. Does a recession hinge on tariffs?Just 22,000 jobs were created in August, and revisions to prior Labor Department reports show a pronounced slowing in the job market since April. Avoiding a recession may depend, more than usual, on policymakers and even the courts.
‘2 dolls instead of 30’: Will tariffs curb America’s passion for cheap goods?An era of abundant low-cost imports faces a reckoning – but not necessarily an end – as the Trump tariffs take hold. America’s long pivot from thrift toward consumption is deeply ingrained. So are the economics of global supply chains.
What’s next for US-China trade deal after Trump extends deadlinePresident Trump has extended his tariff truce with China. But conciliatory moves suggest that America may not retain the upper hand.
