As a candidate, President Trump pledged to boost the stock market, bring back manufacturing jobs and improve other elements of the economy. A year after his return to office, his record is mixed.

As a candidate, President Trump pledged to boost the stock market, bring back manufacturing jobs and improve other elements of the economy. A year after his return to office, his record is mixed.

As a candidate, President Trump pledged to boost the stock market, bring back manufacturing jobs and improve other elements of the economy. A year after his return to office, his record is mixed.

As a candidate, President Trump pledged to boost the stock market, bring back manufacturing jobs and improve other elements of the economy. A year after his return to office, his record is mixed.

As a candidate, President Trump pledged to boost the stock market, bring back manufacturing jobs and improve other elements of the economy. A year after his return to office, his record is mixed.

As a candidate, President Trump pledged to boost the stock market, bring back manufacturing jobs and improve other elements of the economy. A year after his return to office, his record is mixed.

As a candidate, President Trump pledged to boost the stock market, bring back manufacturing jobs and improve other elements of the economy. A year after his return to office, his record is mixed.

As a candidate, President Trump pledged to boost the stock market, bring back manufacturing jobs and improve other elements of the economy. A year after his return to office, his record is mixed.

As a candidate, President Trump pledged to boost the stock market, bring back manufacturing jobs and improve other elements of the economy. A year after his return to office, his record is mixed.

As a candidate, President Trump pledged to boost the stock market, bring back manufacturing jobs and improve other elements of the economy. A year after his return to office, his record is mixed.

As a candidate, President Trump pledged to boost the stock market, bring back manufacturing jobs and improve other elements of the economy. A year after his return to office, his record is mixed.

The auto industry is facing some big challenges. Tariffs have raised the prices of cars and auto parts. Economic strains have pushed up defaults on car loans to people with less than stellar credit.Yet sales of new cars in the United States are expected to have risen modestly in 2025, to about 16.3 million. Several large automakers...

ImageImageThe S&P 500’s bull market rally has entered a fourth year, with Wall Street expecting more big gains in 2026.Credit...Spencer Platt/Getty ImagesAndrew here. Happy New Year. We hope you had a great week. We’re looking forward to a year filled with lots of news — and we’ll also be marking DealBook’s 25th anniversary this fa...

Tariffs, a government shutdown, rising unemployment and persistent inflation have all added stress to the U.S. economy. And whether any of that might put a dent on consumer spending has been a subject of speculation.At least part of the answer came on Tuesday when Mastercard released its annual data on holiday spending. Shoppers sp...

The U.S. economy grew at a vigorous pace through the end of September, despite the uncertainty created by tariffs and widespread concerns about affordability among households.Economic growth rose at a 4.3 percent annual rate in the third quarter, the Commerce Department reported Tuesday, an acceleration from the previous quarter.Th...

The latest Consumer Price Index was below what economists had expected and likely reflects what they called distortions caused by the government shutdown.

The latest Consumer Price Index was below what economists had expected and likely reflects what they called distortions caused by the government shutdown.

ImageImagePresident Trump went on the offensive in a prime time address on Wednesday night, seeking to reframe the discussion around America’s affordability crunch.Credit...Doug Mills/The New York TimesIn today's newsletter:Crunch time Oracle’s slump rekindles A.I. jitters The A.I. start-up Lovable secures a big raise Andrew here....

The first official snapshot of the U.S. labor market since the government shutdown lands Tuesday morning, a collection of data that analysts and policymakers hope will help clarify the state of the economy after months of conflicting signals.The report for November from the Labor Department’s Bureau of Labor Statistics is expected...

The jobs report on Tuesday will kick off a weeklong flood of economic reports that had been delayed by the federal government shutdown.But don’t expect the data deluge to paint a clear picture of the state of the U.S. economy.Federal statistical agencies stopped collecting data for more than a month during the shutdown, the longest...

As if the Federal Reserve’s decision about interest rates this week was not complicated enough, it is happening against the backdrop of an active search to replace the chair of the central bank, Jerome H. Powell.President Trump is potentially weeks away from naming his pick to lead the institution next year, after Mr. Powell’s term...

The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome Powell, the central bank’s chair, said “we haven’t made any decision about January.”

The Federal Reserve is expected to lower its benchmark interest rate by a quarter-point on Wednesday, its third cut this year.“Another Fed rate cut to close an unnervingly uncertain year is good news for borrowers,” said Matt Schulz, chief consumer finance analyst at LendingTree. “The accumulated savings from the Fed’s moves are st...

Federal Reserve officials are scheduled to release a fresh set of economic projections alongside their interest rate decision on Wednesday. Those forecasts will offer a glimpse of the path for monetary policy at a highly uncertain moment for the central bank.Policymakers are preparing to cut interest rates for a third time this yea...

The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome Powell, the central bank’s chair, said “we haven’t made any decision about January.”

In early November, as Halls Chophouse was heading into the critical holiday season, its president, Tommy Hall, made a tough call: Prices at his steakhouse chain would go up.The price of the popular eight-ounce filet mignon rose to $61 from $57. A rib-eye, to $85 from $82.Beef prices had been climbing all year, and Halls found itsel...

The S&P 500 nudged to a record high on Thursday, shrugging off weak tech earnings to close above its level in October, a high point before worries over corporate spending on artificial intelligence dragged the market lower.The index rose just 0.2 percent on Thursday, after recovering from losses earlier in the day that were attribu...

Officials at the Federal Reserve shed further light on Friday on the divisions that led to this week’s fractured decision to lower interest rates, with views splintering over the risk posed by inflation and how concerned to be about a softening labor market.The central bank voted to cut interest rates by a quarter of a percentage p...

When Britain became the first country to reach a trade agreement with President Trump in May, critics warned that the terms were loose and the commitments vague. Now, the risks of that ambiguity are becoming apparent.The United States informed the British government this month that it would pause fulfilling a technology-related agr...

Macy’s, the largest department store chain in the United States, on Wednesday raised its sales forecast for the year after reporting a better-than-expected performance across its brands.Macy’s recorded comparable sales growth of around 3 percent for the three months through Nov. 1, the strongest result in more than three years. It...

Home Depot said on Tuesday that it had cut its full-year profit forecast and missed analysts’ earnings targets last quarter, citing consumers’ reluctance to spend on housing amid economic uncertainty and elevated mortgage rates. The big-box retailer, a bellwether for the housing market, said it expected that adjusted earnings for t...

Bullish investors lost their nerve on Thursday and a brief rally in stocks went into reverse as concerns about overvalued A.I. companies crept back into the market. The midday fade came after strong gains in early morning trading in what investors and analysts initially attributed to relief after solid earnings reports from Nvidia,...

The recent wobble in stocks has revealed signs of anxiety in markets, in what some investors consider a mere stumble and others an indication of worse to come. In a choppy session on Friday, the S&P 500 dropped in early trading before recovering and ending the day close to where it started. The move followed a steep decline on...

The Bureau of Labor Statistics announced a new schedule on Wednesday for its data releases in the wake of the government shutdown. Notably, the October jobs report will not be released independently. A part of the October jobs report that surveys employers will come out with the November jobs report in mid-December, slightly later...

U.S. Manufacturing’s Mixed Picture in 4 Charts President Trump vowed to bring factories back. Is he succeeding? Farah Stockman covers manufacturing. Karl Russell visualizes economic and market data. President Trump’s second term has been marked by a flurry of company pledges to expand production in the United States. From Apple’s p...