Economy

Artificial intelligence tools like ChatGPT are finding widest use at big companies, but there is wide expectation that the impact will spread.

In a blow to the National Labor Relations Board, the justices made it more difficult to order employers to reinstate fired workers.

Cole Mannix, of Old Salt Co-op, is trying to change local appetites and upend an industry controlled by multibillion-dollar meatpackers.

The latest data could help to restore policymakers’ conviction that inflation is in the process of returning to the Federal Reserve’s goal.

Federal Reserve officials signaled that interest rates could stay higher this year as policymakers pause to ensure they’ve stamped out inflation.

But rising trade barriers pose a long-term threat to global output as protectionist policies spread, the bank said.

The government targeted companies involved in making seafood, aluminum and footwear, citing their links to labor programs affecting Chinese minorities.

Federal Reserve officials are expected to leave interest rates unchanged at their meeting this week. They will also release a fresh set of economic projections.

The agreement, if ratified, will cover 1,600 workers making batteries for General Motors in Ohio. The union said it would be a model for efforts elsewhere.

The monthly data is drawn from two surveys. This time, one was quite strong, and the other flashed warning signs.

The latest data could add to fears that the labor market remains too hot to bring inflation fully under control.

Hiring was unexpectedly robust in May, with a gain of 272,000 jobs, but it wasn’t all good news: The unemployment rate ticked up, to 4 percent.

American solar manufacturers are pushing for further protections for their new factories against cheaply priced imports from China.

A “competitiveness crisis” is raising alarms for officials and business leaders in the European Union, where investment, income and productivity are lagging.

The pandemic shopping boom led many stores and brands to widen profit margins by charging more. Now value is the watchword as shoppers grow choosier.

Automakers and dealers are starting to offer discounts, low-interest loans and other incentives to lure buyers as the supply of cars grows.

The coronavirus pandemic schooled the world in the essential role of global supply chains. Have we learned anything from it?

New research shows that people who develop dementia often begin falling behind on bills years earlier.

The Labor Department filed a lawsuit accusing Hyundai, one of its suppliers and a staffing company of jointly employing a 13-year-old on an auto body parts assembly line in Alabama.

Things look strong on paper, but many Americans remain unconvinced. We asked economic officials, the woman who coined “vibecession” and Charlamagne Tha God what they think is happening.

Consumers eased up on spending in the face of rising prices and high interest rates, Commerce Department data shows.

The Biden administration aims to better support small farmers while still aiding big operations and rewarding climate-friendly practices. It’s a tall order.

Skyrocketing premiums are hitting homeowners hard, but they barely factor into common price measures.

Chief executives are vulnerable to the same forces buffeting their employees. Leadership is important, but so is efficiency — and cost-cutting.

The Teamsters union has made little headway in organizing workers at Amazon and FedEx despite wage and other gains it secured at UPS last year.

The United States and Europe are trying to catch up to a rival skilled in using all the levers of government and banking to dominate global manufacturing.

Out-of-state transplants, drawn during the pandemic by the Mountain West’s allure, have caused prices to soar and created new uncertainty in the state’s crucial Senate race.

Western economic officials projected a united front, and braced for retaliation, as they prepped tougher sanctions and tariffs.

The argument is the organization’s attempt to maintain the last vestiges of its amateur model and to prevent college athletes from collectively bargaining.

A second Trump administration could shake up personnel and financial regulation at America’s central bank, people close to his campaign said.

Federal Reserve policymakers were still willing to raise rates if the economy surprised them, notes from their most recent meeting suggested.

The Federal Reserve’s 2023 survey on household financial well-being found Americans excelling in the job market but struggling with prices.

The report also found that Jaguar Land Rover and Volkswagen bought parts from a supplier the U.S. government had singled out for its practices in Xinjiang.

Conflicting political visions, competitive jockeying and American dominance stand in the way of a more coordinated and efficient military machine.

Finance ministers from the G7 nations are hoping to finalize a plan ahead of the group’s leaders meeting next month.

After Mercedes workers voted against joining the United Automobile Workers, the union will have less momentum as it campaigns to organize Southern factories.

Insurers are raising prices for insurance premiums steeply. Here's why, and why it matters for the economy.

The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.

The Consumer Price Index inflation measure accounts for housing costs in a complicated way. There are reasons for it.

Automakers in the United States and their supporters welcomed President Biden’s tariffs, saying they would protect domestic manufacturing and jobs from cheap Chinese vehicles.

Jerome H. Powell, the Federal Reserve chair, said the central bank was poised to leave interest rates on hold after surprisingly stubborn inflation.

The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling.

Hopes for a steep drop in borrowing costs for consumers and businesses have been dashed. But some experts predict modest reductions in coming months.

The grant is the latest federal award in a series stemming from the CHIPS and Science Act meant to ramp up domestic production of vital semiconductors.

The administration could raise tariffs on electric vehicles from China to 100 percent in an attempt to protect American auto manufacturers.

Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them.

The president’s visit to Wisconsin celebrated the investment by Microsoft in a center to be built on the site of a failed Foxconn project negotiated by his predecessor.

How an obscure, 45-year-old tax change transformed retirement and left so many Americans out in the cold.

Employers added 175,000 jobs in April, a milder pace than in the winter months, though layoffs have remained low and most sectors appear stable.

Fed officials are watching labor trends as they contemplate when to cut rates. But different measures are telling different stories.

North Carolina’s Triad was built on tobacco, textiles and furniture. Now it’s trying to forge a new economy from more highly skilled manufacturing.

Jerome H. Powell, the Fed chair, said that the central bank needed “greater confidence” that inflation was coming down before it decided to cut interest rates, which are at a two-decade high.

March data showed a cooling labor market, but layoffs remain low. The overall trend is likely to be welcomed by Federal Reserve policymakers.

Economists are wondering whether political developments could play into both the Fed’s near-term decisions and its long-term independence.

The Federal Reserve left interest rates unchanged for a sixth straight meeting and suggested that rates would stay high for longer.

White House officials have barnstormed Wisconsin to make the connection between big changes and their signature laws.

Ben Houchen, a regional mayor in the north of England, faces a close re-election race, partly thanks to the broader troubles of Britain’s Conservative Party.

The Better Goods store brand will carry plant-based, gluten-free and higher-end food and could help the retailer attract more affluent shoppers.

High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.

Economists are divided over whether the growing amount of federal borrowing is fueling demand and driving up prices.

Stubborn inflation has led traders to forecast far fewer rate cuts by the Federal Reserve than just a few months ago.

Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate in the first three months of the year.

Places that are not usual sites for the league’s marquee game are jumping at the chance to be the host of its three-day draft.

Secretary of State Antony J. Blinken is in China this week as tensions have risen over trade, security, Russia’s war on Ukraine and the Middle East crisis.

Tensions over economic ties are running high, threatening to disrupt a fragile cooperation between the U.S. and China.

Firms like Experian and TransUnion say it is time for “buy now, pay later” loans to appear on consumer credit reports. The lenders aren’t ready to sign on.

Some experts say the outcome at a plant in Chattanooga, Tenn., may be organized labor’s most significant advance in decades. But the road could get rockier.

The measure from a member of the Bloc Québécois would ban changes to the supply management system for dairy, poultry and eggs.

The Volkswagen plant in Chattanooga is set to become the first unionized auto factory in the South not owned by one of Detroit’s Big Three.

Manish Lachwani, who founded the software start-up HeadSpin, is the latest tech entrepreneur to face time in prison in recent years.

The president is increasingly hitting back with tariffs and other measures meant to restrict imports, raising tensions with Beijing.

To lure visitors, residents of Yoshida, famed for its high-quality steel, are inviting tourists to help produce it.

Speaking to the United Steelworkers union in Pittsburgh, the president urged major increases to some tariffs on steel and aluminum products from China.

The United Automobile Workers hopes contract gains at the Big Three carmakers will provide momentum in a broad effort to organize nonunion plants.

More countries are embracing measures meant to encourage their own security and independence, a trend that some say could slow global growth.

Frustrated by higher prices, many Pennsylvanians with fresh pay raises and solid finances report a sense of insecurity lingering from the pandemic.

The path to a “soft landing” doesn’t seem as smooth as it did four months ago. But the expectations of a year ago have been surpassed.

Economists had been expecting the Federal Reserve to cut rates sharply this year. But stubborn inflation and strong growth may change the narrative.

A wave of rapid immigration is taxing local resources around the country and drawing political ire. But it might leave America’s economy better off.

Stubborn inflation and strong growth could keep the Federal Reserve wary about interest rate cuts, eager to avoid adding vim to the economy.

There is a growing view that the U.S. business cycle has changed (for better) in a more diversified economy. To some, that sounds like tempting fate.

Investors went into 2024 expecting the Federal Reserve to cut rates sharply. Stubborn inflation and quick growth call that into question.

Taiwan Semiconductor Manufacturing Company plans to build an additional factory and upgrade another planned facility in Phoenix with the federal grants.

Treasury Secretary Janet L. Yellen was warmly received in China, but it was evident that the level of trust between the two sides does not run deep.

Despite his populist promises, many bigwigs are keeping the faith that it couldn’t really happen here.

The Wendy’s debacle is a warning shot for brands: If you want to play with prices, make sure to communicate why and whom it could help.

Beijing’s economic policies threaten American workers, Treasury Secretary Janet L. Yellen told Vice Premier He Lifeng in the southern city of Guangzhou.

The United Automobile Workers union is mounting its most ambitious effort to gain an industry foothold beyond Detroit’s Big Three.

A government economist had regular contact with “super users” in finance, records show, at a time when such information keenly interests investors.

The March data increased confidence among economists and investors that robust hiring and rising wages can continue to coexist while inflation eases.

After nine years in the role, she has decided not to seek re-election in May. Her departure comes amid significant turnover in the theater industry.

As forests succumb to ever-fiercer wildfires, the federal government and some adventurous private companies are trying to resuscitate an industry.

Jerome H. Powell, the Federal Reserve chair, said officials can take their time cutting rates. He also underscored the Fed’s independence as election season heats up.

Economies focused on exports have lifted millions out of poverty, but epochal changes in trade, supply chains and technology are making it a lot harder.

Economists doubt that artificial intelligence is already visible in productivity data. Big companies, however, talk often about adopting it to improve efficiency.

Brands, developers and even city officials are embracing the global appeal of street art, but the boom comes with questions about preserving a neighborhood’s cultural cachet.

Jerome Powell said that strong economic growth gives Federal Reserve officials room to be patient, and he emphasized the institution’s political independence.

The Fed’s preferred inflation gauge climbed 2.5 percent in the year through February, in line with economists’ expectations.

The ship that crashed into the bridge in Baltimore holds barely half of what some of the largest container ships these days can carry — a sign of how huge the industry has become.

The nation’s highest state minimum wage for fast-food workers takes effect on Monday. Owners and employees are sizing up the potential impact.