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Today — 8 November 2024Main stream

Trump’s Energy Policies May Be a Mixed Bag for Oil Companies

7 November 2024 at 23:51
The president-elect has promised to make it easier to build energy infrastructure and secure drilling leases. But higher production could hurt prices and profits.

© Brittany Greeson for The New York Times

President-elect Donald J. Trump, shown at a rally in August, has urged companies to “drill, baby, drill” and pledged to cut energy bills by at least half, without specifying how.

Could Trump’s Tariffs Lead to Higher Prices? Here’s What to Know.

7 November 2024 at 22:40
The president-elect says that tariff is “the most beautiful word in the dictionary.” You may be hearing it a lot.

© Adam Kuehl for The New York Times

President-elect Donald J. Trump has argued that steep tariffs on foreign goods will benefit U.S. manufacturing and create jobs, but many economists have warned that such a move may lead to higher costs and globally destabilizing trade wars.

Trump’s Tax Proposals Face a Fiscal Reckoning

8 November 2024 at 00:36
Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.

© Nicole Craine for The New York Times

President-elect Donald J. Trump proposed a slew of loosely defined tax cuts during his campaign, but lawmakers and his advisers are undecided about how much they will lower taxes again.
Yesterday — 7 November 2024Main stream

What Trump’s Win Means for the Federal Reserve and Jerome Powell

7 November 2024 at 18:04
Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?

© Tom Brenner for The New York Times

President-elect Donald J. Trump elevated Jerome H. Powell, the Fed chair, to his current role in early 2018, but later soured on Mr. Powell and considered trying to fire or demote him.

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

8 November 2024 at 05:49
The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

© Kent Nishimura/Getty Images

Why Harris’s Push for Democracy Didn’t Land With Voters

7 November 2024 at 05:28
In more than 200 interviews, voters worried not about an endangered country, but about paying rent.

© Scott McIntyre for The New York Times

Warnings that President-elect Donald J. Trump was a threat to the country’s principles mattered less than the more tangible issue of the economy.

Another Jolt of Uncertainty for a Global Economy Mired in It

7 November 2024 at 01:08
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.

© Anna Rose Layden for The New York Times

Early in the morning in Washington on Wednesday. A second Trump term is likely to bring more uncertainty to the world.

Trump’s Economic Plans Could Worsen Inflation, Economists Say

7 November 2024 at 01:44
Many Americans fretted about inflation as they headed out to vote. But Donald J. Trump’s approach comes with risks of a renewed boost.

© Doug Mills/The New York Times

Voters regularly cited the economy as a top concern in polls headed into the election, and they often suggested that they thought Donald Trump would do a better job in managing it.

Another Jolt of Uncertainty for a Global Economy Mired in It

7 November 2024 at 01:08
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.

Democrats Got the Recovery They Wanted. It Wasn’t Enough.

6 November 2024 at 22:11
America’s economic growth is the envy of its global counterparts. But voters wanted more from the Biden administration — specifically, lower prices.

© Eric Lee/The New York Times

Vice President Kamala Harris ran strongest with voters who said inflation had not been a problem at all over the past year.
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