Global Trade Grows but Remains Vulnerable to War and Geopolitics
New reports from the World Trade Organization and a Washington think tank showed how robust global trade could quickly be derailed by violence. Source link
Trump’s Plans Could Increase U.S. Debt While Raising Costs for Most Americans
A new analysis finds that Vice President Kamala Harris and former President Donald J. Trump’s plans would both add to the deficit, but Mr. Trump’s proposals could create a fiscal hole twice as big. Source link
E.V. Tax Credits Are a Plus, but Flaws Remain, Study Finds
The Inflation Reduction Act was a compromise between competing priorities. Evaluating the law on the effectiveness of the $7,500 tax credit for E.V.s is tricky. Source link
A Strong Jobs Report Suggests the Economy Is More Resilient Than We Thought
After months of wobbling, a fresh jobs report showed that hiring and wage growth are strong, aligning with other robust economic data. Source link
U.S. Labor Market Shows Unexpected Strength, Adding 254,000 Jobs in September
U.S. employers added 254,000 jobs in September, a sign that economic growth remained solid. The unemployment rate fell to 4.1 percent. Source link
Jobs Report Adds to Economic Momentum for Harris
Recent reports have shown inflation slowing and the economy growing at a robust clip. The Fed has also cut interest rates, bringing mortgage rates down. Source link
Union Agrees to Suspend Port Strike
The International Longshoremen’s Association received a new wage offer and will halt its walkout at East and Gulf Coast ports, which began Tuesday. Source link
U.S. Faces Economic Turbulence Just as Recession Fears Eased
War in the Middle East, a strike by port workers and a devastating hurricane have injected uncertainty into the U.S. economy. Source link
Harold Daggett, Port Strike Leader, Seeks Big Raises for Dockworkers
Harold J. Daggett is seeking big raises for longshoremen on the East and Gulf Coasts who have fallen behind workers on the West Coast. Source link
Hurricane Helene Deaths Will Continue for Years, Study Suggests
Research on hundreds of tropical storms finds that mortality keeps rising for more than a decade afterward, for reasons you might not expect. Source link