Trump’s Tariffs Are Making Money. That May Make Them Hard to Quit.
The tariffs are a substantial new source of revenue for the federal government. The budget may start to depend on it. Source link
Business
Track the latest in business and finance—from market trends and economic updates to startup stories and global trade analysis.
Putin Widens Effort to Control Russia’s Internet
The introduction of a state-approved messaging app has raised fears that Russia could be preparing to block WhatsApp and Telegram. Source link
Trump Fired America’s Economic Data Collector. History Shows the Perils.
Economists say unbiased data is essential for policymaking, and for democracy. Source link
Where Human Labor Meets ‘Digital Labor’
In a still largely speculative vision of the future, A.I. tools would be full employees that work independently, with a bit of management. Source link
Manhattan Has More Secure Buildings Than Most Cities. That Wasn’t Enough.
Decades of threats have heightened security in New York City. But Monday’s attack in a Park Avenue office building shows the limits of preparedness. Source link
U.S. Tariffs Land on Taiwan Amid Tension With Washington
The Trump administration is weighing yet more tariffs on chips, Taiwan’s main exports. Source link
Weak Jobs Report Raises Chances of a September Interest Rate Cut
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market fragility. Source link
The Stock Market Is Good, Bad and Ugly, Often in Quick Succession
The market’s best days frequently occur in the midst of misery, our columnist says, so don’t bother trying to figure out where stocks are heading. Source link
Big Downward Jobs Revisions Could Be a Warning Sign for the Economy
Employers added far fewer jobs in May and June than previously reported. Such downgrades have historically meant trouble for the labor market. Source link
OpenAI Raises Another Funding Deal, From Dragoneer, Blackstone and More
The venture capital round values the ChatGPT maker at $300 billion, and underscores the fierceness of the A.I. money race. Source link