The deepening standoff raised questions of whether the two strong-willed leaders were risking even broader chaos as they vied for the upper hand in a widening diplomatic dispute largely focused on individual personalities. An evangelical preacher, Mr. Brunson, who has lived in Turkey for 23 years, is one of about 20 Americans, including a NASA…
The forecast suggests opportunities, not just problems, Mr. Davis said. The 10-year outlook, for example, includes lower projected annualized returns, but still positive ones, for these two stock categories: ■ United States stocks, an expected 10-year return of 3.9 percent, annualized, down from a projection of an 8 percent annualized return, made in March 2013;…
How do New York Times journalists use technology in their jobs and in their personal lives? Neil Irwin, a senior economics correspondent at The Upshot in Washington, discussed the tech he’s using. You are a self-described Luddite. What makes you say that? Obviously that is a relative term for anyone who works in digital media…
After a succession of political setbacks in onetime strongholds and a landmark defeat in the Supreme Court, organized labor has notched a hard-won victory as Missouri voters overrode a legislative move to curb union power. A measure on the ballot on Tuesday asked voters to pass judgment on a prospective law barring private-sector unions from…
We want to hear from Americans who have been looking for jobs in this expanding domestic economy. A plant in Spartanburg, S.C., that assembles components for BMWs. With strong jobs growth in manufacturing in July, the unemployment rate for those without a high school diploma fell to 5.1 percent, the lowest since the government began…
BORROWED TIME Two Centuries of Booms, Busts, and Bailouts at Citi By James Freeman and Vern McKinley 365 pp. Harper Business. $35. I was very much looking forward to reading “Borrowed Time,” James Freeman and Vern McKinley’s book about “two centuries of booms, busts, and bailouts” at Citigroup, once the nation’s largest bank. (It is…
The least educated American workers, who took the hardest hit in the Great Recession, were also among the slowest to harvest the gains of the recovery. Now they are a striking symbol of a strong economy. The unemployment rate for those without a high school diploma fell to 5.1 percent in July, the Labor Department…
LONDON — The Bank of England raised interest rates on Thursday to their highest levels in nearly a decade as it seeks to tamp down inflation and make preparations for a potential economic downturn as Britain exits the European Union. Policymakers at the central bank voted unanimously to raise the benchmark interest rate a quarter…
The tariffs that Mr. Trump imposed on European steel and aluminum don’t amount to a lot of money, relatively speaking. They hit European exports worth about $8 billion annually, a substantial sum but not enough to knock the economy off course. So far, corporate profits have not collapsed, but they are not growing very much,…
The economic expansion in the United States celebrated its ninth birthday last month. If it survives another year, it will be the longest on record. But eventually something will kill it. The question is what, and when. While it’s impossible to predict the details or timing of the next recession with any confidence, we can…