Amid economic uncertainty — or even an economic downturn — businesses are hesitant to invest in new technology. That’s bad news for productivity. Plus, what “rebalancing” the global economy actually means.
“If you try to solve a macro problem through tariffs, it's not going to work,” said Adam Posen, president of the Peterson Institute of International Economics, about the Trump administrations plans to rebalance the global economy.
Economists expect we’re in for a GDP contraction in tomorrow’s report from the Bureau of Economic Analysis — and that data pre-dates the actual rollout of “Liberation Day” tariffs. Plus, the trade deficit and mini-retirements.
Local lenders who rely on the federal program are bracing for the potential loss. Plus, a first-time homebuyer in Anchorage, Alaska, and other world leaders who have championed tariffs.
Aircraft manufacturers navigate new territory as they become a focus of the U.S.-China trade war. Plus, student visas, credit card debt and the housing market.
