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Trump Credits ‘Mister Tariff’ for the Country’s Strength. Economists Beg to Differ.11:17 Many indicators appear to suggest that the United States is growing despite tariffs, not because of them. U.S. Refiners to Profit as Trump Asserts Control Over Venezuelan Oil11:17 The companies that turn oil into gasoline and diesel are likely to benefit more, right away, than the businesses that pump oil out of the ground. As Trump Pushes Housing Affordability, His Mortgage Chief Undermines It11:17 Under Bill Pulte, Fannie Mae and Freddie Mac have pulled away from efforts to help low-income people buy homes. What the Bankruptcy of Saks Means for You6:52 Answers to this and other questions about the financial crisis in America’s biggest luxury department store. Saks Files for Bankruptcy as Department Stores Fight for Survival6:52 The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years. Mark Carney Heads to Beijing to Discuss Canada-China Relations as U.S. Outlook Darkens6:18 The prime minister is seeking new markets for Canadian goods and to mend relations with China after years of deep acrimony between the two nations. China Announces Record Trade Surplus as Its Exports Flood World’s Markets4:38 China’s surplus reached $1.19 trillion, a 20 percent increase from 2024, according to data released by the country’s General Administration of Customs. Starlink Users in Iran Get Free Internet Access, Nonprofit Says1:52 Under a near-total communications blackout, users of Elon Musk’s satellite service have gotten online without paying, an organization that works on web access said. In a Risky Gambit, Trump Tries Brute Force to Lower Prices22:26 To assuage cost-weary voters and combat inflation, the president has resorted to a mix of threats and punishments, targeting companies and policymakers alike. Blowback Builds Over Criminal Investigation of Powell21:50 Trump allies fear that the inquiry into the Fed chair could complicate the process of replacing him this year. Initial Obamacare Enrollment Drops by 1.4 Million18:55 That number could increase significantly as more consumers are faced with higher bills brought on by expiring premium subsidies. CPI Report Shows Inflation Remained Steady at 2.7% in December18:55 Surging grocery prices were offset by lower increases for appliances and vehicles in the last such report before the Federal Reserve meets to debate interest rates. Orsted Moves to Save Its U.S, Wind Farm Projects17:07 Orsted’s C.E.O. says it plans to move quickly to complete a $6.2 billion wind farm off Rhode Island after a judge struck down President Trump’s bid to halt it. |
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