NYT > Economy

    In a Surprise, Japan’s Economy Grew in the First Quarter, Despite a Slowdown in China

    In a Surprise, Japan’s Economy Grew in the First Quarter, Despite a Slowdown in China


    A Toyota assembly line at the company’s plant in Motomachi, Japan. The country’s economic growth in the first quarter came despite a decline in export figures that began in December on weakening demand from China and...

    But the strong figure masks lingering weakness, giving Prime Minister Shinzo Abe a mixed bag as he tries to strike a trade deal with the U.S.
    U.S. Birthrate Drops 4th Year in a Row, Possibly Echoing the Great Recession

    U.S. Birthrate Drops 4th Year in a Row, Possibly Echoing the Great Recession


    The 2018 fertility rate remained below the level at which a given generation can replace itself, according to a government report published on...

    The birthrate hit a 32-year low and the fertility rate reached a record low in 2018, bringing the United States more in line with other wealthy countries.
    The New New World: In China, Some Fear the End of ‘Chimerica’

    The New New World: In China, Some Fear the End of ‘Chimerica’


    A factory in central China’s Jiangxi Province. “I hope China and the U.S. can find a better way to coexist,” one Chinese entrepreneur...

    As the trade war with the U.S. threatens to decouple the world’s two largest economies, some in China argue that the two sides benefit from the relationship more than they admit.
    Bye-Bye, Bathroom Attendants?

    Bye-Bye, Bathroom Attendants?


    Pat Velasquez, a bathroom attendant at the “21” Club in...

    A profession affected by gender neutrality, changing mores and the cashless economy.

    White House Reassesses Auto Tariffs as It Focuses on China Fight


    A potential thaw in trade relations with Canada, Mexico and Europe comes as tension between the United States and China...

    A potential thaw in trade relations with Canada, Mexico and Europe comes as tension between the United States and China grows.
    Alice M. Rivlin, 88, a Leading Government Economist, Is Dead

    Alice M. Rivlin, 88, a Leading Government Economist, Is Dead


    Alice M. Rivlin addressing reporters in 1995, when she was the budget director in the Clinton administration. She called deficits the biggest impediment to economic growth and referred to herself as “a fanatical, card-carrying...

    She was the founding director of the Congressional Budget Office, budget director under Bill Clinton and vice chairwoman of the Federal Reserve.
    Uber Drivers Are Contractors, Not Employees, Labor Board Says

    Uber Drivers Are Contractors, Not Employees, Labor Board Says


    An Uber driver at La Guardia Airport in New York. The National Labor Relations Board has concluded that drivers for Uber and other ride-hailing companies are contractors, not...

    The National Labor Relations Board’s position is a setback for drivers who had hoped to join forces to push for better pay and working conditions.
    With Higher Tariffs, China Retaliates Against the U.S.

    With Higher Tariffs, China Retaliates Against the U.S.


    The Yangshan Deep Water Port in Shanghai, China. The Chinese government said on Monday that it would raise tariffs on goods from the United States as of June 1, giving negotiators from the two countries time to strike a...

    Beijing’s matched the Trump administration’s de facto delay in collecting the new tariffs, giving both sides breathing room to reach a deal.
    U.S.-China Trade Talks Stumble on Beijing’s Spending at Home

    U.S.-China Trade Talks Stumble on Beijing’s Spending at Home


    Beijing’s subsidies to China’s homegrown industries have become a sticking point in trade negotiations with the United...

    As the trade war intensifies, Chinese subsidies for homegrown industries present a difficult obstacle to reaching a deal.
    U.S.-China Trade Standoff May Be Initial Skirmish in Broader Economic War

    U.S.-China Trade Standoff May Be Initial Skirmish in Broader Economic War


    The United States has taken steps to restrict the role of Chinese companies like Huawei in building America’s next-generation telecommunications networks, while also discouraging other countries from using Chinese...

    The United States is wary of China’s growing role in the global economy and its tactics for getting ahead. China sees some of the demands as infringing on its sovereignty.
    China, Defiant but Careful, Promises Aggressive Response to Tariffs

    China, Defiant but Careful, Promises Aggressive Response to Tariffs


    A cargo ship berthing at a port in Lianyungang, China. Oceangoing goods from China won’t be hit by the new tariffs until they reach American ports over the next few...

    A longer or worsening trade war could hurt China’s already bruised factories. Still, Beijing is signaling it is ready for a fight.
    They Got Rich Off Uber and Lyft. Then They Moved to Low-Tax States.

    They Got Rich Off Uber and Lyft. Then They Moved to Low-Tax States.


    Brian McMullen, a former Uber employee, in 2011. “I’m currently taking time off for myself,” he...

    Meet the semiretired millennials who left California for low-tax, low-stress places like Texas, as their former start-ups stampede toward the stock market.
    Trump Increases China Tariffs as Trade Deal Hangs in the Balance

    Trump Increases China Tariffs as Trade Deal Hangs in the Balance


    Vice Premier Liu He of China, right, will resume trade talks on Thursday in Washington with the Treasury secretary, Steven Mnuchin, center, and Robert Lighthizer, the United States trade...

    President Trump raised tariffs on $200 billion worth of Chinese imports to 25 percent from 10 percent on Friday morning.
    Trump Could Raise Tariffs on China. Here’s How China Could Respond.

    Trump Could Raise Tariffs on China. Here’s How China Could Respond.


    A port in Lianyungang in China’s eastern Jiangsu Province. China could match the United States tariff for tariff, but its exporters may be hit hard by an escalation in the trade...

    Beijing could match what the United States does, and its options include upping the ante in untraditional ways. But most of its choices come with drawbacks.
    ‘We Have a Lot of Questions’: Doubts Loom Over G.M. Plan for Lordstown Plant

    ‘We Have a Lot of Questions’: Doubts Loom Over G.M. Plan for Lordstown Plant


    General Motors confirmed on Wednesday that it planned to sell its Lordstown plant in Ohio to Workhorse, a small maker of electric vehicles and...

    President Trump said he was helping to save jobs at the Ohio factory after General Motors ceased production there. But such promises have not always panned out.