Laredo, across from Mexico on the Rio Grande, is primed to become one of the world’s most important land ports as American companies reduce their reliance on factories in Asia.
Category: United States Economy
Fed Officials Fretted That Markets Would Misread Rate Slowdown
Central bankers remained committed to wrestling inflation lower, and wanted to make sure investors understood that message, minutes from the Federal Reserve’s December meeting showed.
Biden Caps Two Years of Action on the Economy, With New Challenges Ahead
The president used a slim congressional majority to enact legislation that could reshape the American economy — if his administration can make the laws succeed.
‘OK, Mexico, Save Me’: After China, This Is Where Globalization May Lead
As American companies seek to limit their exposure to the pitfalls of making goods in China, some are moving production to Mexico.
What TikTok Told Us About the Economy in 2022
From Barbiecore to revenge travel, social media trends gave us a clear picture of the forces reshaping the economy.
The Year the Long Stock Market Rally Ended
How fast inflation and high interest rates upended markets across the globe.
Google Employees Brace for a Cost-Cutting Drive as Anxiety Mounts
The tech giant has so far taken steps to streamline without mass layoffs, but employees are girding for deeper cuts.
Retirees Are One Reason the Fed Has Given Up on a Big Worker Rebound
Workers are in short supply three years into the pandemic job market rebound, and officials increasingly think they aren’t coming back.
For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust
There were fewer mergers and public listings this year, shrinking investment banking revenue. For bankers, that means a smaller pot of money for bonuses.
Federal Reserve Expected to Slow Rate Increases and Offer Hints at Future
Central bankers are still fighting inflation, but are poised to slow to a rate increase of half a percentage point at their final meeting of 2022.