Tag Archives: Joseph R Jr

Growth slowed but remained resilient at the end of 2024, leaving the U.S. economy on solid footing heading into a new year — and a new presidential administration — that is full of uncertainty. U.S. gross domestic product, adjusted for inflation, grew at a 2.3 percent annual rate in the fourth quarter of last year, the Commerce Department reported on …

The United States has worked steadily over the past three years to limit China’s access to the cutting edge computer chips that power advanced artificial intelligence systems. Its aim has been to slow China’s progress in developing sophisticated A.I. models. Now a Chinese firm, DeepSeek, has created that very technology. In recent weeks, DeepSeek released multiple A.I. models and a …

President Trump on Friday reinstated a longstanding Republican anti-abortion policy known as the “Mexico City Rule,” which bars federal funding from going to any overseas nongovernmental organization that performs or promotes abortions. The move came after he addressed thousands of abortion opponents in Washington on Friday to mark the 52nd anniversary of the Supreme Court’s 1973 decision in Roe v. …

When it comes to the federal payroll, two seemingly contradictory things are true. One, the Biden administration went on a hiring spree that expanded the government work force at the fastest pace since the 1980s. And two, it remains near a record low as a share of overall employment. In the four years separating President-elect Donald J. Trump’s two terms, …

Robert F. Kennedy Jr., President-elect Donald J. Trump’s choice to lead the nation’s health agencies, formally asked the Food and Drug Administration to revoke the authorization of all Covid vaccines during a deadly phase of the pandemic when thousands of Americans were still dying every week. Mr. Kennedy filed a petition with the F.D.A. in May 2021 demanding that officials …

When the Social Security Administration signed a five-year extension of work-from-home arrangements for tens of thousands of employees in early December, many at the agency expressed relief. But the reprieve may be short-lived. At a news conference two weeks later, President-elect Donald J. Trump railed against the deal and said he would go to court to undo it. “If people …

The Biden administration unveiled a proposal on Wednesday to cut the level of nicotine in cigarettes, a last-minute push on a plan that could meaningfully cut cancer rates nationwide and extend the lives of millions of cigarette smokers. If finalized, the proposal would require cigarette makers to significantly reduce the levels of nicotine in their products in an effort to …

A possible new takeover bid for U.S. Steel emerged on Monday, teeing up more turmoil over the once-dominant company’s future after President Biden’s decision to block its acquisition by a Japanese company. Lourenco Goncalves, the chief executive of an American competitor, Cleveland-Cliffs, said his company had “an All-American solution to save the United States Steel Corporation,” stressing that acquiring U.S. …

Banks are on a winning streak, one that’s poised to intensify as President-elect Donald J. Trump takes office. Biden-appointed regulators at the Federal Reserve and other agencies presided over a relatively fruitless era of bank oversight. They tried to enact stricter rules for the nation’s biggest banks, hoping to create a stronger safety net for the financial system even if …

Ports on the East and Gulf Coasts could close next week if dockworkers and employers cannot overcome their big differences over the use of automated machines to move cargo. The International Longshoremen’s Association, the union that represents dockworkers, and the United States Maritime Alliance, the employers’ negotiating group, on Tuesday resumed in-person talks aimed at forging a new labor contract. …