G7 Finance Ministers Look to Contain Iran Economic Fallout
Top policymakers were expected to discuss rising energy prices and sanctions policy at a critical summit in Paris this week.
United States Economy
For Trump, Soaring Prices Test Voters’ Finances and Patience
Just months before another election that may hinge on the economy, the war in Iran has sent gas and other goods soaring.
How the U.S. Is Trying to Ensure the Dollar’s Dominance During Economic Turmoil
As the government has been devising plans to keep the dollar dominant, China has been making its own moves to increase global influence of the renminbi.
How the Iran War Is Morphing Into a Volatile Standoff in the Strait of Hormuz
The conflict has morphed into a volatile standoff in the Strait of Hormuz, as the economic costs mount and President Trump faces a political backlash at home.
Where Things Stand With SNAP Benefits
Millions of low-income Americans will see staggering cuts and delays to their food stamps this month due to the government shutdown. Tony Romm, an economic policy reporter at The New York Times, walks us through the last several weeks of chaos around SNAP benefits.
House Republicans Will Vote Again on Trump’s ‘Big, Beautiful Bill’
A group of fiscal hard-liners on the Budget Committee blocked the bill Friday morning. The group will try again to pass the president’s megabill out of committee Sunday night.
Trump Claims Billions of Dollars in Deals Signed in Middle East. Here’s a List.
White House officials say President Trump secured $600 billion in investment on his trip to Saudi Arabia but details were vague and some deals were already in the pipeline.
Republican Bill to End E.V. Tax Credit Could Hurt G.M. and Ford
A House Republican bill introduced this week would do away with tax credits that had encouraged Americans to buy electric vehicles and automakers to invest in new factories.
Carvana, a Used Car Retailer, Thinks Trump’s Tariffs Could be Good for Business
The chief executive of Carvana, which sells used cars online, said President Trump’s tariffs could help his company by increasing demand for its vehicles.
U.S. Could Lose $12.5 Billion In International Travel Spending This Year, Tourism Council Says
Border detentions and confusion over visas are deterring international visitors, according to the World Travel & Tourism Council, and the price tag for their hesitancy could be steep.