Nicole Narea
Senior Politics Writer at Vox
senior politics and society reporter @voxdotcom. 🇨🇱🇨🇭Send me tips at [email protected] or DM for Whatsapp/Signal.
Articles
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1 week ago |
vox.com | Nicole Narea
Recessions are always officially declared after they have already started. In the US, the National Bureau of Economic Research (NBER) is the official arbiter of what constitutes a recession, taking into consideration different economic indicators, including growth. The organization defines a recession as a “significant decline in economic activity that is spread across the economy,” usually lasting more than a few months, but not always.
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1 week ago |
vox.com | Nicole Narea
On Thursday, the Supreme Court ordered the Trump administration to bring back Kilmar Abrego Garcia, the Maryland man it had sent to a notorious Salvadoran mega-prison in what the government has conceded was an “administrative error.” Not one of the justices dissented from that ruling. The justices sent the case back to the federal trial court.
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2 weeks ago |
vox.com | Nicole Narea
Much has apparently changed in the last 24 hours in the US economy. The S&P 500 opened Wednesday more than 10 percent down since President Donald Trump announced his sweeping tariffs on American imports. Goldman Sachs had raised its recession odds to 45 percent. Investors believed they no longer had the ear of the president. US Treasury yields were spiking, a signal that investors’ confidence in the strength of the American economy was wavering.
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2 weeks ago |
vox.com | Nicole Narea
The US stock market has lost trillions of dollars in value in the days since President Donald Trump announced major tariffs on American imports. That’s been a big blow to the finances of the many Americans who own stock — and an even bigger blow to those close to retirement. As of Tuesday afternoon, the S&P 500 was down more than 11 percent since Trump’s announcement of the tariffs.
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2 weeks ago |
vox.com | Nicole Narea
In less than a week, President Donald Trump’s tariffs have already created economic chaos in the US and abroad. On Wednesday, he announced a minimum 10 percent tariff on almost all imports, with dozens of countries facing far higher rates. The S&P 500 has plunged almost 10 percent in response as of Monday, hitting nearly two-thirds of Americans who hold stock especially hard. Some countries, including China, have issued retaliatory measures.
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RT @today_explained: Back in (executive) action (feat. @awprokop and @nicolenarea) https://t.co/uGrawTwSn8
RT @liszhou: unfortunately, i’ve been affected by the vox layoffs alongside a number of talented colleagues. super proud of the work we a…
The link to the story, since @SenFettermanPA did not include it so that his constituents could read for themselves: https://t.co/JKIIFQDCKx
No, Israel is absolutely not. With Sinwar describing Palestinian deaths as “necessary sacrifices,” Hamas designed a plan to maximize civilian deaths, embedding its infrastructure behind schools and hospitals. The humanitarian catastrophe in Gaza is owned by Hamas. https://t.co/4aAjcFmpDM