Ms. Raimondo, a moderate Democrat with a background in the financial industry, has served as governor since 2015. She is seen as a relatively traditional choice for commerce secretary, a […]
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Back to news homeNew Signs of Economic Distress Emerge as Trump Imperils Aid Deal
With the fate of a federal aid package suddenly thrown into doubt by President Trump, economic data on Wednesday showed why the help is so desperately needed.Personal income fell in […]
Second federal judge rules against Trump administration’s TikTok ban
Another federal judge has issued a preliminary injunction against U.S. government restrictions that would have effectively banned TikTok from operating in the United States. The ruling (embedded below) was made […]
Economy’s Big Rebound Leaves a Shortfall as Progress Slows
U.S. economic output increased at the fastest pace on record last quarter as businesses began to reopen and customers returned to stores. But the economy has climbed only partway out […]
Why the Best G.D.P. Report Ever Won’t Mean the Economy Has Healed
The United States almost certainly just experienced its fastest three months of economic growth on record. That doesn’t mean the economy is strong. The Commerce Department on Thursday will release […]