
Ben Casselman
Chief Economics Correspondent at The New York Times
Econ/business reporter @nytimes. Formerly @fivethirtyeight @WSJ. Adjunct @newmarkjschool. He/him [email protected] Photo: Earl Wilson/NY
Articles
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1 week ago |
nytimes.com | Ana Swanson |Ben Casselman
The Trump administration is in a standoff with the Chinese government as trade tensions escalate, leaving U.S. businesses in the cross hairsPresident Trump abruptly paused his "reciprocal" tariffs on most countries last week but has rapidly ratcheted up the rate on Chinese products. Credit...
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2 weeks ago |
nytimes.com | Tracy Mumford |Will Jarvis |Ian Stewart |Jessica Metzger |Ben Casselman |Miriam Jordan
By Image President Trump on Wednesday abruptly reversed course on steep global tariffs that have roiled markets. The pause did not extend to China. Credit... Eric Lee/The New York Times Tune in, and tell us what you think at [email protected]. For corrections, email [email protected]. For more audio journalism and storytelling, the New York Times Audio app - available to Times news subscribers on iOS - and for our weekly newsletter. Special thanks to Brent Lewis, Maya C.
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2 weeks ago |
infobae.com | Ben Casselman
Stocks and BondsUnited States EconomyTrump, Donald JInternational Trade and World MarketConsumer BehaviorCustoms (Tariff)IncomeRecession and DepressionHigh Net Worth IndividualsLa caída de las cotizaciones bursátiles podría reflejar no solo el temor a una recesión. También pueden contribuir a provocarla porque los consumidores retraen el gasto en respuesta a la evaporación del valor de sus carteras. Esta vez, quizá la bolsa de valores sea la economía.
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2 weeks ago |
nytimes.com | Ben Casselman
Los hogares acomodados no serán los únicos afectados por la caída de las cotizaciones bursátiles. La mayoría de los estadounidenses poseen acciones directamente o a través de cuentas de jubilación. Y el segmento que posee acciones de empresas individuales ha aumentado en los últimos años, en parte debido al auge de la inversión en acciones que comenzó durante la pandemia.
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2 weeks ago |
nytimes.com | Ben Casselman
A few days of turmoil might not matter much, said Ryan Sweet, chief U.S. economist at Oxford Economics, a forecasting firm, "but if the drop in the stock market persists for a few weeks, a couple months, the economic costs begin to quickly mount."The direct effects of tariffs will fall hardest on low- and moderate-income consumers, who tend to spend more of their money on food, clothing and other goods subject to duties, and who have less savings to insulate them from higher prices.
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U.S. consumer prices FELL 0.1 percent in March and were up 2.4 percent from a year earlier. "Core" prices, excluding food and fuel, were up 0.1 percent month-over-month and 2.8 percent year-over-year. Data: https://t.co/NgZqazO8OA Live coverage: https://t.co/FcGIfBKEGu

The stock market is not the economy. But sometimes it sends a clear message about where the economy could be headed -- and declines like the ones we've seen in recent days could not just herald a recession but help to cause one. https://t.co/trrgOs7X3j

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