NEW HAVEN – For the last two years, the conflict between the United States and China has dominated the economic and financial-market debate – with good reason. After threats and accusations that long predate US President Donald Trump’s election, rhetoric has given way to action. Over the past 17 months, the world’s two largest economies have become embroiled in the most serious tariff war since the early 1930s. And the weaponization of US trade policy to target perceived company-specific threats such as Huawei has broadened the front in this battl
NEW YORK – It was an extraordinary spectacle: Lieutenant Colonel Alexander Vindman, a US military officer in full dress uniform decorated with a Purple Heart, testifying in the House Intelligence Committee’s impeachment hearings on November 19. Knowing that his testimony might well wreck his military career, Vindman believed it was his duty to express his concerns about President Donald Trump’s alleged attempt to undermine US national interests for his own political gain
Pro-democracy protests erupted in the semiautonomous region of Hong Kong months ago over a bill that would extradite those accused of committing a crime in Hong Kong to mainland China
In recent years, a singular worry has kept Washington’s economic policymakers awake at night: turning Japanese. Few outcomes spook them more than falling into a cycle of stagnation and falling prices that conventional tools can’t reverse
Triangle Waist Co.’s owners, Max Blanck and Isaac Harris, were at the peak of their success as shirtwaist manufacturers when a fire broke out on March 25, 1911 at their factory just off Washington Square Park in New York City. Apparently sparked by a carelessly tossed cigarette, the fire spread quickly, trapping hundreds of low-paid garment workers
WASHINGTON, DC – The private sector performs well when firms can compete on a level playing field. But if the state is willing to influence market outcomes for individual firms, politically connected parties can gain an advantage over their more efficient competitors