Economy

The railroad tracks that slice through downtown Freehold, N.J., used to be lined by dozens of men, waiting for work. Each morning, the men — day laborers, almost all from Latin America and undocumented — would be scooped up by local contractors in pickup trucks for jobs painting, landscaping, removing debris. In recent weeks, the tracks have been desolate. On …

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth Barclays says its services are “back up and running”, after fixing an outage which prevented customers from accessing …

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth HSBC UK has reduced its standard variable rate (SVR) on homeowner mortgages to its lowest rate in two …

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth Barclays has apologised after its customers said they have been unable to access their bank accounts online or …

Get Nadine White’s Race Report newsletter for a fresh perspective on the week’s news Get our free newsletter from The Independent’s Race Correspondent Get our free newsletter from The Independent’s Race Correspondent On International Women’s Day, it is customary – and important, and valid – to celebrate those who have excelled in their respective fields, who have made a significant …

Early evidence is promising. In 2023, the region added 30,000 foreign-born residents, amounting to a 23.2 percent increase in the immigrant population, according to census data. (The New York City area added 88,000, only a 1.5 percent increase.) That was almost enough to offset the loss of 34,000 native-born residents. “We have no choice but to grow, and the way …

As President Trump puts new tariffs on goods from China and threatens a trade war with allies like Mexico and Canada, one global company is likely to suffer less than most of its competitors: Tesla. But the electric car maker led by Elon Musk, which accounts for a third of the billionaire’s wealth, is also vulnerable if relations with China …

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth Three in 10 people have been put off committing to a recent major purchase due to financial worries, …

A month ago, President Trump announced that he would impose sweeping tariffs on imports from Canada and Mexico before reaching a last-minute deal to delay them for 30 days. This week, after markets revolted when the tariffs were put in place, Mr. Trump watered them down with a monthlong reprieve for automakers. And then on Thursday, he opened up even …

It might be a moment of hush before chaos ensues, or it may be business as usual. U.S. employers added 151,000 jobs in February, the first full month under the new Trump administration, the Labor Department reported on Friday. The gain extended a streak of job growth to 50 months. The unemployment rate ticked up slightly, to 4.1 percent, from …