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Trump's Economic Long Game
No single issue has defined President Donald Trump's political career more than the economy.
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Consumers Slow Spending as Inflation Bites: Synchrony
U.S. consumers are starting to curb their spending in response to high prices and a worsening economic outlook, according to consumer finance company Synchrony Financial.
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Surviving Sticker Shock: Smart Ways to Beat Inflation
As of March 12, the U.S. inflation rate stands at 2.8%, a slight improvement from February's 3% but still elevated. In a recent report, the Treasury Department noted that "Various measures suggest inflation has significantly cooled but remains above the 2% target." With...
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'Stagflation-Lite' on the Radar for US Economy
Recent economic projections from Federal Reserve officials had shades of "Stagflation-lite," in the words of one economist, a sentiment increasingly echoed among other observers of the U.S. economy and central bank wondering if the country's outperformance since the...
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Gold Slips as Trump Eases Tariff Threats, Fed Shows Caution over Rate Cut
Gold inched lower on Tuesday after U.S. President Donald Trump eased concerns by stating that not all of his proposed tariffs would take effect on April 2, while a Federal Reserve official signaled a cautious stance on interest rate cuts this year.
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Trump Shuts All 8,000 Federal Building EV Chargers
Shut the Power Off and Sell the Fleet
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Trump Says He May Give Countries, Sectors Breaks on Tariffs
President Donald Trump said Monday he may give a "lot of countries" breaks on tariffs and that he plans to announce more tariffs on automobiles in the next few days.
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Fed Folly on Full Display
The Atlanta Fed GDP Now estimate for Q1 is -1.8% because the economic data has become absolutely ugly, yet inflation is proving to be very stubborn. For example, the Empire State Manufacturing Survey plunged 26 points to -20 versus the estimate of -1.9.However, the prices...
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US Recession Risks Not as High as the Media Suggests
U.S. recession risks have been a headline over the last few weeks as the markets sold off.
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Trump to Impose 25 Percent Tariff on Countries That Buy Oil, Gas From Venezuela
President Donald Trump on Monday said any country that buys oil or gas from Venezuela will pay a 25% tariff on trades made with the U.S. This "secondary tariff" will take effect on April 2, Trump said in a Truth Social post.
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US May Exclude Sector-Specific Tariffs: Officials
U.S. President Donald Trump's administration is likely to exclude a set of sector-specific tariffs while applying reciprocal levies on April 2, Bloomberg News and The Wall Street Journal reported, citing unnamed officials.
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US Business Activity Rises But Sentiment Deteriorates
U.S. business activity picked up in March, but growing fears over import tariffs and deep government spending cuts continued to weigh on sentiment and prospects for the rest of the year.
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Germany Election 2025: Merz's Plan Risks EU & US Economy
In 2024, the EU's gross domestic product, which is the sum of the GDPs of its 27 member states, reached $19 trillion. This EU's GDP is the world's second-largest economy and the USA's largest international trading partner.
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US Treasury to Streamline Banking Regulators
The U.S. Treasury department is preparing recommendations for streamlining some banking regulators, Semafor reported Monday, as it seeks a stronger role in the oversight of the country's biggest lenders.
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Trump Wins With Economic Diplomacy
The United Arab Emirates' decision to commit a staggering $1.4 trillion to the United States over the next decade should serve as a defining example of what this White House can achieve when it leans into economic diplomacy.
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Why President Trump's Economic Policies Will Work
For many today, President Trump's economic policies seem chaotic. He imposes tariffs that look to be starting a trade war. And he is trying to drastically cut the functions of the federal government, which means terminating perhaps millions of mostly skilled workers.
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China Reassures Apple, Pfizer, Cargill of Business Potential
China sought to reassure foreign corporate chiefs of the country's business potential when Vice Premier He Lifeng met with the heads of Apple , Pfizer, Mastercard, Cargill and others Sunday.
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US Retailers Haggle With Suppliers Over Tariffs
U.S. retailers Walmart and Target are bickering behind the scenes with their suppliers over proposed price hikes on everything from cake pans, tote bags and toys to other merchandise.
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Fed Officials Back Cautious Policy Approach
New York Federal Reserve President John Williams said Friday the U.S. central bank's monetary policy is in the right place given the myriad uncertainties facing the economy, noting that there's no urgency to make any changes to interest rates.
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Trump's Tariffs Signal 'New Sheriff in Town' to China
When President Trump imposed tariffs in February, his decision was not received well by either the Chinese government or some in the Democrat party.
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Unleash Private Capital to Rebuild America's Infrastructure
President Trump's executive order to pause federal disbursements from two major Biden-era bills has landed U.S. transportation infrastructure spending back in limbo. It also underlines a hard truth: There's insufficient political appetite to publicly fund the fix for the...
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Trump: Prices Dropping; Time for Fed to Lower Interest
President Donald Trump, pointing to dropping prices for gasoline as well as eggs and other groceries, is continuing to call for the Federal Reserve to lower interest rates.
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Trump's China Tariffs Could Revive US Industry
A budget resolution passed by the House of Representatives last week with the narrowest of margins has left conservatives queasy because of the usual devil's bargain embedded in the legislation, once again exemplifying Washington's structural faults.
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Trump: US Will Be World's 'Crypto Capital'
President Donald Trump on Thursday told attendees at a digital summit that the U.S. will become "the undisputed bitcoin superpower and the crypto capital of the world."
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How Trump Overwhelmingly Won the Ethnic Vote
In the 2024 U.S. presidential election, Donald Trump achieved an overwhelming and historic victory, winning 32 states and securing over 80% of the country's counties with a majority of the vote.