White House expands demolition area for Trump’s ballroom 
Tariffs are at their highest rate in nearly a century, and the labor market is weakening. These are volatile times for the U.S. economy — but the stock market keeps going up.
Joe Rennison, a reporter covering financial markets for The New York Times, explains what is going on.
Guest: Joe Rennison (https://www.nytimes.com/by/joe-rennison) , a financial reporter for The New York Times.
Background reading:
• Read about the factors helping markets climb past bad news (https://www.nytimes.com/2025/08/15/business/tariffs-stock-market-records.html) .
• The specter of a trade war between Washington and Beijing has the potential to roil markets (https://www.nytimes.com/2025/10/10/business/stock-market-trump-tariffs.html) .
Photo: Jeenah Moon/Reuters
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