NYT > Economy

    In a Trade War, China Might Boycott U.S. Goods. That Could Backfire.

    In a Trade War, China Might Boycott U.S. Goods. That Could Backfire.


    A Nike store in Beijing. Many of the goods that Nike and other American companies produce are assembled by Chinese...

    State media have hinted that Beijing could weaponize its consumers in a trade war. But American brands are popular in China — and Chinese workers make many of their products.
    If the World Economy Is Looking So Great, Why Are Global Policymakers So Gloomy?

    If the World Economy Is Looking So Great, Why Are Global Policymakers So Gloomy?


    The World Economic Outlook news conference at the headquarters of the International Monetary Fund in Washington on Wednesday. “The present good times will not last for long,” said Maurice Obstfeld, chief economist of the...

    As officials gather for the I.M.F. and World Bank convene in Washington, worries about trade and debt are building
    California Lawmakers Kill Housing Bill After Fierce Debate

    California Lawmakers Kill Housing Bill After Fierce Debate


    A bill considered by a California State Senate committee aimed to create increased housing density near rail and ferry stops, overriding local zoning...

    The vote highlighted the state’s housing and homeless problem as a election-year issue that promises to dominate the state’s politics for years.
    Divides Over Trade Scramble Midterm Election Messaging

    Divides Over Trade Scramble Midterm Election Messaging


    Production at a Chinese steel plant. Americans are about evenly split on the steel and aluminum tariffs that President Trump announced last month, according to a survey for The New York...

    A survey shows strong support for President Trump’s tariff moves among his backers, but not so much among those whose votes could be in play.
    Trump’s Annoyed About Russian and Chinese Currencies. Should He Be?

    Trump’s Annoyed About Russian and Chinese Currencies. Should He Be?


    A display of currency exchange rates in Moscow last week. President Trump's comment about Russia's currency is curious because Russia is not an important player in global...

    The president’s comment doesn’t align with the current realities of global currency markets
    No One’s Talking About the New Tax Law

    No One’s Talking About the New Tax Law


    President Trump arriving in West Palm Beach, Fla., on Monday, a day before the federal tax-filing deadline. If he has lost interest in the $1.5 trillion tax overhaul that he signed into law last year, the country appears to be right there with...

    Republicans hoped to make their $1.5 trillion overhaul the centerpiece of the 2018 midterm elections. But Americans, including President Trump, have lost interest.
    Economic Scene: Facebook Is Creepy. And Valuable.

    Economic Scene: Facebook Is Creepy. And Valuable.


    Mark Zuckerberg, the chief executive of Facebook, testified before Congress last week in hearings about the company’s handling of user...

    To protect the public without overreacting, the issue for legislators and regulators to weigh is how much the data-driven ecosystem is worth to us.
    China’s Economy Grows, and Its Trade Gap With the U.S. Widens

    China’s Economy Grows, and Its Trade Gap With the U.S. Widens


    A production line making carbon fiber in Lianyungang, China. China once focused on final assembly of parts imported from elsewhere, but the country has developed its own supply chains and reduced what it must bring in from...

    Chinese-made goods become more valuable to Beijing as an increasing number of parts and components it once bought from the United States are made at home.
    Senate Bill to Curtail Labor Rights on Tribal Land Falls Short

    Senate Bill to Curtail Labor Rights on Tribal Land Falls Short


    The Foxwoods Resort Casino in Connecticut, where a labor group is trying to organize workers. The casino is operated by the Mashantucket Pequot tribe on tribal...

    The legislation, approved by the House, would have put employees of tribal enterprises like casinos outside the scope of federal labor law.
    Trump Picks Monetary Expert for No. 2 Job at Federal Reserve

    Trump Picks Monetary Expert for No. 2 Job at Federal Reserve


    Richard Clarida, a former Treasury official and a monetary expert, is President Trump’s nominee for the No. 2 post at the Federal...

    Richard Clarida, a former Treasury official, is not expected to veer from the Fed’s gradual approach to raising interest rates.
    Trump Weighs Return to Trans-Pacific Partnership. Not So Fast, Say Members.

    Trump Weighs Return to Trans-Pacific Partnership. Not So Fast, Say Members.


    Representatives of the current members of the Trans-Pacific Partnership met in Santiago, Chile, in March. Admitting the United States could have advantages for all parties, but striking a new deal could be...

    Even longtime allies expressed skepticism after the American president’s comments, saying compromise would have to come from the United States.
    Rent Control Campaign in California Is Taken to the Streets

    Rent Control Campaign in California Is Taken to the Streets


    A rising tenants rights’ movement in California is preparing to push its cause in ballot initiatives at the state and city levels. Yong Her, center left, and Marie Camacho planned a signature-collection drive at a recent gathering in...

    Economic pressures are fueling a drive by tenants’ rights organizers at the state and city levels to let voters enact rent regulations.