U.S. is formally out of the Paris climate agreement

Nov 4, 2020
Slowing climate change and adapting to it requires cross-border cooperation, even though many costs will be local.
Greenpeace activists painted "No coal no Trump" on the side of a coal ship leaving Texas in 2017 after Trump said he would pull out of the Paris climate agreement.
Bodo Marks/DPA/AFP via Getty Images

President Trump calls off stimulus talks, stocks take a dive

Oct 6, 2020
The comments from the president came just hours after Federal Reserve Chair Jerome Powell urged Congress to come through with more aid.
President Trump removes his face mask upon returning to the White House from Walter Reed National Military Medical Center on Oct. 05.
Win McNamee/Getty Images

Small businesses await clarity before applying for PPP loan forgiveness

Oct 5, 2020
The uncertainty over whether there'll be another round of loans — and whether small loans will be forgiven automatically — is holding them back.
Chairs are stacked on tables at a closed restaurant in New York City. Many small businesses are waiting until they hear from Congress to apply for PPP loan forgiveness.
Stephanie Keith/Getty Images

Why do economists compare recessions to letters of the alphabet?

Sep 30, 2020
Is it a V-shaped recovery? Or a J, L, U, W or K?
What kind of economic recovery are we in, exactly?
Angela Weiss/AFP via Getty Images

Trump's payroll tax holiday sows confusion

Aug 10, 2020
President Trump has ordered Treasury to stop collecting the employee portion of payroll taxes for some workers through the end of 2020.
President Donald Trump signs an executive order and three memorandums extending coronavirus economic relief on Aug. 8. How the payroll tax holiday would benefit Americans remains unclear.
Jim Watson/AFP via Getty Images

Consumers are boycotting Goya, but will it work?

Jul 10, 2020
The company makes Latinx grocery staples. Its CEO just praised President Trump. Latinx activists aren't happy.
Goya CEO Robert Unanue, left, praised Trump on Thursday, sparking a boycott of the brand.
Jim Watson/AFP via Getty Images

Supreme Court rules Manhattan DA can obtain Trump's tax records, pushes back on congressional subpoena

Jul 9, 2020
The Supreme Court on Thursday upheld a prosecutor’s demand for President Donald Trump’s tax returns as part of a criminal investigation.
The financial records are held by Trump’s longtime accounting firm, Mazars USA, which has said it would comply with a court order.
Chip Somodevilla/Getty Images

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CDC set to testify on Capitol Hill on its budget, as it responds to COVID-19

Mar 10, 2020
Congress just approved $8 billion in emergency funding to help the CDC combat the virus.
President Donald Trump and his Coronavirus Task Force at a press briefing on Feb. 29, 2020.
Alex Wong/Getty Images

In a currency war, everyone loses

Dec 2, 2019
When countries tried to undercut each other to gain a trade advantage between world wars, it led to global inflation, a University of Michigan professor says.
A U.S. dollar and Brazilian two real note.
Christophe Simon/AFP via Getty Images

President Trump’s July 4 events in Washington, D.C. come at a cost

Jul 4, 2019
Tanks, flyovers and extra policing all add to the tab for a military-themed “Salute to America."
A Bradley Fighting Vehicle arrives as preparations are made for the "Salute to America" Fourth of July event with US President Donald Trump at the Lincoln Memorial on the National Mall in Washington, DC, July 3, 2019, which will feature flyovers by the Blue Angels, an airplane used as Air Force One, as well as military demonstrations and a speech by Trump.
BRENDAN SMIALOWSKI/AFP/Getty Images