President Donald Trump isn’t done implementing this tariff policy, and U.S. companies aren’t done raising prices in response. Businesses are still adjusting prices to account for levies and the ongoing uncertainty surrounding them, the Federal Reserve of New York said…
Businesses and governments managed to keep energy prices from skyrocketing as much as feared during the Iran war by leaning into a “just-in-time” delivery system that harnesses innovations in digital and satellite technology and that reduces the need to stockpile…
A federal judge questioned the propriety of the U.S. Securities and Exchange Commission’s $1.5 million settlement with Elon Musk, in a case alleging that the world’s richest person saved $150 million by allegedly skirting stock disclosure rules at public market…
As competition between the U.S. and China intensifies in artificial intelligence and advanced manufacturing, Anduril founder Palmer Luckey believes the real battle isn’t just over technology—it’s over who is training the world’s best students. The 33-year-old defense tech leader argued…
Atilla Tinic spent three decades in the telecommunications sector, but it was his most-recent role in the field—serving as chief information officer at EchoStar—that inspired his next gig as CIO at semiconductor company Qualcomm. During Tinic’s time at EchoStar, the…
Buried in the Federal Reserve’s June policy statement—the shortest of Kevin Warsh’s young tenure as chair—is a single sentence with no qualifiers, no hedges, and, according to at least one longtime Fed watcher, more signal than anything in the minutes…
The next US president should endorse publicly funded child care for all — or a $1,000 monthly credit for families with young children that don’t utilize it — according to a possible early blueprint for Democrats. The proposal is among…
Two New World screwworm cases in dogs are among more than 30 confirmed instances in Texas and New Mexico, prompting warnings Wednesday from veterinarians and humane societies that pet owners need to remain vigilant to protect their animals. The parasite reappeared in cattle…
The building at the center of this week’s Midtown scare is the former Pfizer world headquarters at 235 East 42nd Street: a 33-story tower built in 1960 that, alongside its neighbor at 219 East 42nd, is being converted by Metro…
Economists have spent the past week arguing about why 720,000 people walked away from the labor force in a single month. Laura Ullrich, director of economics at Indeed Hiring Lab and a former Richmond Fed economist, says that rather than…