NYT > Economy
With the closing of plants like a 126-year-old G.E. factory, many in Peterborough, Ontario, scoff at the idea that Nafta benefits only Canada and Mexico.
The early days of the federal government shutdown won’t slow the American economy much, but that could change if the impasse drags out.
With 218 places missing the cut for Amazon’s second headquarters, cities like Ottawa and Tucson were left to absorb the same result as “the longest of long shots.”
By lowering rates, the law reduces the value of tax credits that have been crucial to rental projects nationwide, with the effect being felt already.
The Fed is likely to get a new chairman next month, but there are still two job openings just below that post. President Trump controls one. Opponents see the other as an opportunity.
The country reported higher annual growth, but implausibly smooth numbers prompt experts to look for other ways to assess the world’s No. 2 economy.
Less than four weeks after President Trump signed a new tax bill, Apple plans to repatriate the vast majority of its $252 billion in cash held abroad.
The Trump administration says its actions show the price of employing workers illegally, a message being felt keenly among the workers themselves.
The company’s demise leaves a vast web of subcontractors unsure what to expect. The government says Carillion’s public-sector work will continue.
The finding could be good news for Republicans looking to the midterm elections, but less comfort for President Trump, who was given little credit.