Twelve years ago, Senator Sherrod Brown, the Ohio Democrat, took the stage at his election night party in Columbus to celebrate winning a second term. Barack Obama had just carried Ohio for the second time, after emphasizing his administration’s rescue of the auto industry. Mr. Brown wanted to proclaim that …
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At the annual meetings of the International Monetary Fund and the World Bank this week, Kristalina Georgieva, the head of the I.M.F., expressed a mix of relief and trepidation about the state of the world economy. Policymakers had tamed rapid inflation without causing a global recession. Yet another big economic …
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In Westport, Conn., a 35-year-old who works for an investment firm is holding off on making any financial investments until after the election. Across the country, in Kenosha, Wis., a man who works in sales said he would love to buy a house and get out of his rental, but …
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No place symbolizes the profound shifts that have taken place in the U.S. economy like Bethlehem, Pa., a city that lost its mighty steel mill but has been reborn with the help of a casino, a hotel and a couple of Walmart distribution centers. Thanks to the rise of online …
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Donald J. Trump turned his back to the crowd and stared up at the screen. Ominous music rang out. For the next minute and a half, the former president and his audience in Atlanta stood and silently watched clips of news reports of undocumented immigrants committing horrific crimes. When the …
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Throughout American history, business leaders have been able to assume that an American president of either party would uphold the rule of law, defend property rights and respect the independence of the courts. Implicit in that assumption is a fundamental belief that the country’s ethos meant their enterprises and the …
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The 2024 election could be won or lost on the strength of the Black vote, which could in turn be won or lost based on the strength of the American economy. So it is no surprise that candidates are paying a lot of attention — and lip service — to …
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When two of Vice President Kamala Harris’s closest advisers arrived in New York last month, they were seeking advice. The Democratic nominee was preparing to give her most far-reaching economic speech, and Tony West, Ms. Harris’s brother-in-law, and Brian Nelson, a longtime confidant, wanted to know how the city’s powerful …
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In an early test of the effect the Federal Reserve’s big interest rate cut has had on the finance business, the verdict is: mixed. Profits were down at JPMorgan Chase and Wells Fargo, two of the nation’s biggest banks, they reported on Friday, yet their results largely surpassed expectations. The …
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What corporate earnings say about the economy Earnings season is underway, with Wall Street giants flying out of the gate this on Friday. JPMorgan Chase, Wells Fargo and BlackRock have each reported results that soundly beat analysts estimates, lifting shares in premarket trading. Quarterly financial reports in general should deliver …
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