Paul Wiseman

Stay informed with Paul Wiseman’s coverage and analysis.

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  • An agreement to weed out global tax havens and force multinational corporations, among them Apple and Nike, to pay a minimum tax has been weakened by loopholes and will raise only a fraction of the revenue that was envisioned, a tax watchdog backed by the European Union has warned. (AP Photo/Alan Diaz, File)Finance

    Minimum 15% global corporate tax has so many loopholes it will only generate half the revenue expected, report warns

    By Paul Wiseman and The Associated Press
  • Jerome PowellFinance

    High interest rates didn’t exactly work in September as wholesale inflation rose at the fastest pace since April

    By Paul Wiseman and The Associated Press
  • FILE – International Monetary Fund Director of the Research Department Pierre-Olivier Gourinchas speaks at a news conference during the World Bank/IMF Spring Meetings at the International Monetary Fund (IMF) headquarters in Washington, on April 11, 2023. The world economy is losing momentum in the face of higher interest rates, the ongoing war in Ukraine and widening geopolitical rifts, the International Monetary Fund warned Tuesday Oct. 10, 2023. (AP Photo/Jose Luis Magana, File)Finance

    IMF cuts its 2024 growth forecast as world economy loses momentum in the face of high interest rates and Russia’s war in Ukraine

    By Paul Wiseman, David McHugh, and others
  • File – Construction workers move equipment on Jan. 17, 2023, in New York. On Tuesday, the Labor Department reports on job openings and labor turnover for August. (AP Photo/Andres Kudacki, File)Finance

    ‘Job openings aren’t telling the story the Fed wants to hear’ as JOLTS numbers show unexpected surge in August

    By Paul Wiseman, The Associated Press, and others
  • John SchmidtleinTech

    Apple used Microsoft as a ‘bargaining chip’ to make Google pony up billions for the search bar, exec testifies

    By Paul Wiseman and The Associated Press
  • Apple iPhoneTech

    Apple exec seeking to defend against Google monopoly claims testifies there was no ‘valid alternative’ for search bar

    By Paul Wiseman and The Associated Press
  • WASHINGTON, DC – SEPTEMBER 26: Apple Senior Vice President for Services Eddy Cue arrives at the Prettyman U.S. Court House on September 26, 2023 in Washington, DC. Cue is testifying in the antitrust trial to determine if Alphabet Inc.’s Google maintains a monopoly in the online search business which is expected to last into November. (Photo by Chip Somodevilla/Getty Images)Tech

    Eddie Cue counters antitrust complaint over Apple’s search alliance with Google by saying there was no ‘valid alternative’

    By Paul Wiseman and The Associated Press
  • Gabriel WeinbergTech

    The founder of a main Google rival says there’s such a stranglehold over search that it only has 2.5% of the market

    By Paul Wiseman, Michael Liedtke, and others
  • Gabriel Weinberg, founder and chief executive officer of DuckDuckGo Inc., speaks during a Senate Judiciary Committee hearing in Washington, D.C., U.S., on Tuesday, March 12, 2019. The hearing comes amid building bipartisan support for increased tech regulation in the U.S. and is taking place just days after Massachusetts Senator and 2020 Democratic hopeful Elizabeth Warren called on the government to break up big tech companies like Amazon, Alphabet, and Facebook. Photographer: Al Drago/Bloomberg via Getty ImagesTech

    DuckDuckGo CEO says Google kills competition through phone deals that make it hard for users to switch search engines: ‘It’s too many steps’

    By Paul Wiseman, Michael Liedtke, and others
  • Department of Justice lawyersTech

    Former Googler testifies under DOJ grilling that his priority was default status for the search engine on mobile

    By Paul Wiseman and The Associated Press
  • John SchmidtleinTech

    ‘Google pays more than $10 billion per year for these privileged positions’: The government throws the book at big tech in court

    By Paul Wiseman, Michael Liedtke, and others
  • WASHINGTON, DC – SEPTEMBER 12: Jonathan Kanter, Assistant Attorney General for the Antitrust Division, arrives at federal court on September 12, 2023 in Washington, DC. Google will defend its default-search deals in an antitrust trial against the U.S. Justice Department which begins today. (Photo by Kevin Dietsch/Getty Images)Tech

    The biggest government lawsuit since Microsoft begins today with internet search at stake

    By Paul Wiseman, Michael Liedtke, and others
  • In-N-Out BurgerFinance

    Economy adds 187,000 jobs in August with ‘soft landing’ in sight over the horizon

    By Paul Wiseman and The Associated Press
  • Jerome PowellFinance

    The economy basically grew at a 2% rate throughout the first half of the year

    By Paul Wiseman and The Associated Press
  • SALT LAKE CITY, UTAH – AUGUST 10: U.S. President Joe Biden speaks at the George E. Wahlen Department of Veterans Affairs Medical Center on August 10, 2023 in Salt Lake City, Utah. President Biden was celebrating the first anniversary of the PACT Act. (Photo by George Frey/Getty Images)Finance

    Even Joe Biden wishes he hadn’t called his signature law the Inflation Reduction Act: ‘I wish I hadn’t called it that because it has less to do with reducing inflation’ than other things

    By Josh Boak, Paul Wiseman, and others