They are among the nation’s richest law firms, and they employ some of the most loquacious litigators. But with their industry under attack from President Trump, most of these leaders of Big Law are not speaking up to defend one of their own. For nearly three weeks, there has been a broad effort in the … Read more
In the race to dominate strategic sectors like batteries and electric vehicles (EVs), Chinese manufacturers like CATL and BYD are so far ahead of the rest of the world that they are becoming nearly impossible to challenge. A major reason is the cost advantage they’ve built by leveraging the large demand in their domestic market … Read more
Until a few months ago, the Federal Reserve appeared close to achieving something that many doubted was possible. The economy looked on the cusp of a “soft landing,” a situation where inflation was headed back to the central bank’s 2 percent target without a recession. That put the central bank on track to steadily lower … Read more
Getting vaccinated against shingles can reduce the risk of developing dementia, a large new study finds. The results provide some of the strongest evidence yet that some viral infections can have effects on brain function years later and that preventing them can help stave off cognitive decline. The study, published on Wednesday in the journal … Read more
Volatile situations can be tricky even for seasoned leaders.
If there is anyplace Tesla should be thriving, it’s Norway. Electric vehicles account for more than 90 percent of new car sales in the Scandinavian country, and buyers here are among the most sophisticated in the world when it comes to understanding the nuances of batteries, charging and range. So it hardly bodes well for … Read more
Tariffs in the Rose Garden Global markets are mostly lower ahead of President Trump’s big tariffs rollout today, but it’s not the tumult that has rocked stocks in recent weeks. S&P 500 futures are holding steady, in the red, as economists warn that Trump’s protectionist policies could set off a global trade war that slams … Read more
Chuck Todd is sleeping in. Kind of. For nearly a decade, Sunday mornings meant waking up at 3:30 and putting on a suit and tie while preparing for his work as moderator of “Meet the Press,” where Mr. Todd would interview presidents, senators and the occasional movie star on America’s longest-running TV show. No longer. … Read more
President Trump is set to unveil his most expansive tariffs to date on Wednesday afternoon, when he will detail potentially punishing levies on countries around the globe, including America’s largest trading partners. Mr. Trump has promised for months to impose what he calls “reciprocal” tariffs, which the president says will correct years of “unfair” trade … Read more
The world’s biggest powers were deep in a trade war. Economic losses from the tariffs that President Trump had imposed on most of the world, along with global retaliation, were accumulating. Jobs were being lost, inflation was ticking up and the world was both frustrated with and anxious about the United States. While the stakes … Read more