Deborah B. Solomon

Economy Editor New York, NY

Job alert! Want to work with the best economics team in the news business? Come join me @nytimes.com job-boards.greenhouse.io/thenewyorkti...

one correction: This job is based in NYC, not DC.

Our response to the White House's decision to hand-pick which reporters can ask questions of the president.

Point of information on Kevin Warsh's @WSJ op-ed. There's a legitimate debate over whether inflation progress has stalled, but Warsh is describing current inflation using opaque language to maximize fear factor. Fed target is 2% PCE. Core PCE is 2.8% YY, market-based core 2.4%, headline 2.4%.
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I have never had a roti canai but now really want to try one. Though not for $11.....

Apparently some workers drive in from the boroughs and have to pay the fee. And restaurants with small storage spaces used to have multiple deliveries per week. But their suppliers are charging more. It's all for a common good -- less traffic/congestion but there are unintended consequences.

What Will Manhattan Congestion Pricing Do to Restaurants? (Gift Article) Days into the new charges, some restaurant owners say suppliers are raising prices. Others are giving customer discounts, and many fear the fallout for workers.

NYC's congestion pricing is a fascinating real-time experiment of what happens when a government imposes a Pigouvian tax. In this case: restaurants are raising prices and some are paying workers more in order to offset the $9 toll. www.nytimes.com/2025/01/11/d...

Trump Discusses Tax Cuts for New Yorkers With G.O.P. Lawmakers (Gift Article) The president-elect told Republicans from New York, New Jersey and California to come up with a plan for increasing the state and local tax deduction — a move that would benefit their constituents.

New from us today: Trump wants a bigger SALT deduction but wants NJ and NY to commit to cutting taxes in order to get it. www.nytimes.com/2025/01/12/u...

Banks Are Racking Up Wins Even Before Trump Is Back in White House (Gift Article) Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a leadership role.

In her final, final story on the Fed beat, @jeannasmialek.bsky.social explains how banks are having a regulatory winning streak even before Trump takes office www.nytimes.com/2025/01/09/b...