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Economists say the way the Trump administration is imposing tariffs is backfiring for some of the businesses they are meant to help.
Economists said ousting the head of the Bureau of Labor Statistics could undermine confidence in government economic data.
U.S. consumers to face highest average effective tariff rate since 1934: Yale researchers U.S. consumers will experience an overall average effective tariff rate of 18.3%, the highest since 1934, according to new estimates from The Budget Lab at Yale University. The tariffs are expected to cost U.S. households an average $2,400 in 2025, with the…
Employees’ reluctance to use new tools may actually reflect rational self-preservation.
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Lawyers for the family of a woman struck and killed by a Tesla sedan in 2019 argued that the company’s Autopilot software should have avoided the crash.
The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.