Trump Is Eyeing Greenland. His Commerce Nominee Has Financial Ties There.
As President Trump argues the acquisition of Greenland is key to the economic security of the United States, he is flanked by wealthy investors who have eyed the island as…
The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
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…
G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
General Motors executives are closely tracking President Trump’s plans to impose tariffs on imports from Canada and Mexico, but the company is not yet making any major changes to its…
The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
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…
Senate Confirms Scott Bessent as Treasury Secretary
The Senate on Monday voted 68 to 29 to confirm Scott Bessent to be President Trump’s Treasury secretary, putting in place the new administration’s top economic official who will steer…
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
President Trump is swinging American energy policy sharply in favor of fossil fuels, but oil and gas companies say those changes won’t push them to engage in the frenzy of…
Trump’s Colombia Tariff Threat Startled Companies Trying to Rely Less on China
Before Sunday, Colombia was quietly emerging as a refuge for multinational brands seeking a stable place to make their products in a time of geopolitical and environmental upheaval. President Trump’s…
In Response to Trump Tariff Threat, Ontario Premier Calls an Early Election
The leader of Canada’s most populous province and the heart of its vital auto industry said on Friday that he would call early elections because he needed a stronger hand…
Trump’s Retreat From Clean Energy Puts the U.S. Out of Step With the World
President Trump’s repudiation of renewable-energy technologies stands to make the United States an outlier in the world. Many of its large-economy peers are choosing a different path. Even as coal,…
Saudi Arabia Says It Will Increase U.S. Trade and Investment by $600 Billion
Crown Prince Mohammed bin Salman of Saudi Arabia told President Trump on Wednesday that the kingdom intends to increase its investment and trade with the United States by at least…