After insisting for months that his tariffs weren’t raising prices, the President has virtually admitted the opposite by moving to scrap the duties on beef, coffee, and other foodstuffs.
After Zohran Mamdani’s victory, Republicans are fearmongering about Democrats turning socialist. Meanwhile, Donald Trump is busy taking stakes in private companies and ordering them around.
As some financial leaders fret publicly about the stock market falling to earth, Andrew Ross Sorkin’s new book recounts the greatest crash of them all.
The sale demonstrates the President’s personal brand of industrial policy—transactional, opaque, and designed to politically benefit him and his allies.
Some central-bank veterans are concerned about a scenario in which the President’s appointees gain effective control of the institution and end its independence.