One Obstacle for Trump’s Promises: This Isn’t the 2016 Economy
Donald J. Trump slapped tariffs on trading partners and cut taxes in his first term. But after inflation’s return, a repeat playbook would be riskier.
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![Former President Donald J. Trump has put tariffs and tax cuts at the center of his campaign.](https://cdn.statically.io/img/static01.nyt.com/images/2024/07/03/multimedia/00dc-trump-inflation-01-bwjt/00dc-trump-inflation-01-bwjt-thumbLarge.jpg?auto=webp)
![Former President Donald J. Trump has put tariffs and tax cuts at the center of his campaign.](https://cdn.statically.io/img/static01.nyt.com/images/2024/07/03/multimedia/00dc-trump-inflation-01-bwjt/00dc-trump-inflation-01-bwjt-threeByTwoMediumAt2X.jpg?auto=webp)
Donald J. Trump slapped tariffs on trading partners and cut taxes in his first term. But after inflation’s return, a repeat playbook would be riskier.
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President Emmanuel Macron’s promise of re-industrialization in northern France has helped stimulate the economy, but “people feel defeated and angry.”
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Violent attacks on foreigners have prompted a debate about extreme nationalism online in a country that heavily censors information the government bans.
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A gain of 206,000 in June exceeded forecasts. Hiring was concentrated in a few parts of the economy, however, and unemployment rose to 4.1 percent.
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Apartments Could Be the Next Real Estate Business to Struggle
Owners of some rental buildings are starting to struggle because of rising interest rates and waning demand in some once booming Sun Belt cities.
By Joe Rennison and
Things to Take to College That You Can’t Buy at Target
They won’t add bulk to the car or much cost to the bill, but they’ll help keep your college student safer. Pepperoni is also involved.
By Ron Lieber and
Ray Kurzweil Still Says He Will Merge With A.I.
Now 76, the inventor and futurist hopes to reach “the Singularity” and live indefinitely. His margin of error is shrinking.
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At a Key Juncture, Biden Again Gambles on ABC’s George Stephanopoulos
A high-stakes moment for the president could also be the most consequential interview of the star anchor’s career.
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How Reliant Is the U.S. on Avocados From Mexico?
A temporary halt on inspections by U.S.D.A. workers in Mexico on safety concerns highlighted how dependent the United States had become on one region for supplies of the popular fruit.
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Growth in electric vehicle sales has been slowing, but the Italian luxury carmaker is stepping up investment and setting ambitious targets.
By Bernhard Warner
Seventh and eighth graders in Malvern, Pa., impersonating their teachers posted disparaging, lewd, racist and homophobic videos in the first known mass attack of its kind in the U.S.
By Natasha Singer
Can my son learn from the example of the robot controlling the steering wheel? Or should it be the other way around?
By Matt Richtel
Rachel Reeves, who will oversee Britain’s budget, is expected to pursue an agenda influenced by Janet Yellen’s more activist approach to job-creation and investment in the United States.
By Eshe Nelson
To help make the Olympic Games in Paris greener, Le Pavé, a manufacturing start-up, is making podiums and stadium seating out of recycled plastic.
By Liz Alderman
Respectfully but firmly, the ABC anchor pressed President Biden on the basic questions that Americans had asked themselves over the past week.
By Michael M. Grynbaum
The total in federal grants to create a dozen “tech hubs” in regions beyond Silicon Valley and the coasts.
By Santul Nerkar
As unemployment ticks up and wage growth cools, Federal Reserve officials are watching for signs that the job market is about to crack.
By Jeanna Smialek and Joe Rennison
Markets are expecting the Federal Reserve to make roughly two reductions of a quarter-point each this year.
By Joe Rennison and Danielle Kaye
Federal Reserve policymakers are watching for any sign that the labor market is weakening abruptly, which might prod them to cut rates sooner.
By Jeanna Smialek
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