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Elon Musk is facing questions about how much attention he is paying to his businesses as he advises President Trump on the direction of the federal government. The questions have mounted as Mr. Musk’s business empire — which includes the electric car maker Tesla, the social media site X and the rocket maker SpaceX — […]
President Trump plans to move forward with imposing stiff tariffs on Mexico, Canada and China on Saturday, in an attempt to further pressure America’s largest trading partners to accept more deportees and stop the flow of migrants and drugs into the country. In a news briefing on Friday, the White House press secretary, Karoline Leavitt, […]
At the Federal Reserve’s final gathering of 2024, Chair Jerome H. Powell announced that the U.S. central bank was embarking on a “new phase” in how it would set interest rates. The Fed planned to “move cautiously” with cuts going forward, Mr. Powell told reporters at the time, reflecting officials’ thinking that they could afford […]
President-elect Donald J. Trump has threatened tariffs on many countries for many different reasons. On Monday, he found a new purpose for his favorite economic tool. Mr. Trump said he would “tariff Denmark at a very high level” if it refused to allow Greenland — a North American island that is an autonomous territory within […]
