War and tariffs threaten a resilient US economy again
WASHINGTON — A few short weeks ago, the U.S. economy seemed to be catching a summer break.

WASHINGTON — A few short weeks ago, the U.S. economy seemed to be catching a summer break.

The U.S. government learned last week that it may have reached an unfortunate milestone: The size of its debt surpassed the nation’s total economic output.

Kevin Warsh moved one step closer Wednesday to becoming the next chair of the Federal Reserve, after Republicans on a key Senate panel advanced his nomination to the full chamber for a final vote.

You probably won’t receive a huge tariff refund.

As soon as the Supreme Court struck down President Donald Trump’s steep global tariffs last month, a flood of U.S. businesses began to file lawsuits in the hopes of getting their money back.

As federal judges last spring began to consider the legality of President Donald Trump’s punishing global tariffs, the administration offered an assurance: It told the court that a set of suing companies would “assuredly receive payment” if Trump ever lost the fight.

The Trump administration signaled to states this month that it was eyeing changes to the unemployment insurance system, which pays weekly benefits to out-of-work Americans.

Top White House officials have started trying to downplay a highly anticipated jobs report set for release Wednesday, insisting that the U.S. economy remains strong even if the data may ultimately show a fresh slowdown in hiring.
