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Category: Labor and Jobs

Scott Bessent Urges Investors to Bet on Trump’s Economic Plan

Scott Bessent Urges Investors to Bet on Trump’s Economic Plan

Treasury Secretary Scott Bessent urged skittish global business leaders on Monday to ignore President Trump’s economic naysayers and ramp up investment in the United States, defending an economic agenda that economists warn will slow economic growth and exacerbate inflation. Speaking to executives, entrepreneurs and policymakers, Mr. Bessent argued that the Trump administration’s economic plans go […]
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Scott Bessent Urges Investors to Bet on Trump’s Economic Plan

Scott Bessent Urges Investors to Bet on Trump’s Economic Plan

Treasury Secretary Scott Bessent urged skittish global business leaders on Monday to ignore President Trump’s economic naysayers and ramp up investment in the United States, defending an economic agenda that economists warn will slow economic growth and exacerbate inflation. Speaking to executives, entrepreneurs and policymakers, Mr. Bessent argued that the Trump administration’s economic plans go […]
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The Fed Isn’t Likely to Cut Rates Proactively Despite Economic Concerns. Here’s Why.

The Fed Isn’t Likely to Cut Rates Proactively Despite Economic Concerns. Here’s Why.

Less than a year ago, the Federal Reserve took decisive action to bolster the U.S. economy. With inflation easing and the labor market starting to soften, the central bank opted to go big, lowering interest rates by half a percentage point and signaling further cuts to come. Rather than a panicky response to a crisis […]
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Newark Airport Is Experiencing Major Flight Delays. What’s Causing Them?

Newark Airport Is Experiencing Major Flight Delays. What’s Causing Them?

Flying into or out of Newark Liberty International Airport has brought plenty of misery in the last week, with cancellations, delays stretching well past five hours and flight diversions that have stranded travelers far from their destinations. Passengers are reporting on social media that they have missed flights and spent hours stuck on the tarmac […]
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Category: Labor and Jobs

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