The European Union’s so-called Trump task force spent 2024 preparing for a possible trade dispute. Specifics are secret, but guiding principles are becoming clear.
Author: Jeanna Smialek
Europe Braces for a New Trump Era, Uncertain About What It Means
President Trump appears willing to shake up almost every policy area, and a behind-the-scenes E.U. task force has been trying to prepare. But is Europe ready?
Nobel Economics Prize Awarded to Daron Acemoglu, Simon Johnson and James Robinson
Daron Acemoglu, Simon Johnson and James Robinson shared the award for their work on explaining the gaps in prosperity between nations.
Why Interest Rate Cuts Won’t Fix a Global Housing Affordability Crisis
Central bankers are lowering borrowing costs, but that won’t be a cure-all for a widespread lack of affordable housing.
Claudia Goldin Wins Nobel in Economics for Studying Women in the Work Force
Her research uncovered the reasons for gender gaps in labor force participation and earnings. She is the third woman to win the prize.
The Painful Path to Fight Inflation
The government’s plan to fight inflation could cost jobs and restrict wage growth.
A Key Inflation Gauge Is Still Rising, and War Could Make It Worse
The Federal Reserve’s preferred measure is at a four-decade high. Rising gas prices tied to Russia’s invasion of Ukraine could push it up further.
Federal Reserve Isn’t Likely to Change Course After Ukraine Invasion
Central bankers are poised to raise interest rates in March. The Russian invasion of Ukraine poses a risk to economic growth but will likely exacerbate inflation.