Ben Casselman

Since World War II, U.S. research funding has led to discoveries that fueled economic gains. Now cutbacks are seen as putting that legacy in jeopardy.

President Trump and his advisers say his policies may cause short-term pain but will produce big gains over time. Many economists are skeptical of those arguments.

On Tuesday, President Trump sent markets into another tailspin by announcing additional tariffs on Canada, suggesting a falling stock market is no longer the bulwark investors had hoped.

Economic forecasts have deteriorated in recent weeks, reflecting the upheaval from federal layoffs, tariff moves and immigration roundups.

Employers added 151,000 jobs in February, up from 143,000 in January. The unemployment rate ticked up to 4.1 percent.

Plus, how to win the lottery.

Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output.

Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output.

More Americans are starting to brace for higher prices as President Trump’s policies begin to take effect.

The lack of clarity about tariffs and other policies could hurt hiring and investing. But the strong U.S. economy should provide a buffer.