• Fed Governors' Competing Views of Inflation Risk
  
  Two Federal Reserve governors Wednesday laid out competing visions of where U.S. monetary policy may be heading, with one citing ongoing concerns about inflation and another expressing confidence that price pressures will continue to ease.
• Brokerages See Uncertain 2025 on Tariff Concerns
  
  Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to major brokerages.They expect U.S. President-elect Donald Trump's proposed tariffs to fuel volatility across global markets, spurring inflationary pressures and, in turn,...
• Reuters Poll: Americans Want Trump to Focus on Inflation in 1st 100 Days
  
  Americans see inflation as the leading issue President-elect Donald Trump should tackle during his first 100 days in office, according to a Reuters/Ipsos published Tuesday.
• 30 Economic Reasons the Democrats Failed in 2024
  
  As economic challenges grip the nation, Americans faced increasing financial strain.
• Trump, GOP Must Embrace Fiscal Responsibility
  
  Donald Trump won the election. The House and Senate are in Republican hands. That means the GOP now owns the debt and its consequences.This responsibility, while too much for past politicians, presents the opportunity of a lifetime: namely, to be the ones who put the...
• Will the Fed's Rate Cuts Reignite Inflation?
  
  The Federal Reserve has said it is committed to reducing inflation from the June 2022 high of 9.1% back to under 2%. To do this, the Fed has aggressively raised interest rates, from mid-2022 and to mid-2023.
• Tight Labor Market Still Fanning Inflation: S.F. Fed
  
  A tight U.S. labor market is still adding to inflationary pressures, though less so than it did in 2022 and 2023, according to research published Monday by the San Francisco Federal Reserve.
• Trump Wants Treasury Secretary to Commit to Tariffs
  
  President-elect Donald Trump's advisers have sought assurances from top contenders for the job of Treasury secretary that they are committed to his tariff plans, the Financial Times reported on Sunday, citing people familiar.Trump has not announced his nominee for the role,...
• Dems Have Suffered a Setback, Not a Wipeout
  
  A loss, however painful, is not the end of the world. Every election result is provisional.
• MAGA a Defining Movement, Here to Stay
  
  Now, Trump wants MAGA to be the defining political movement of our own era.
• Scott Bessent vs Howard Lutnick: Who's the Market's Choice for Treasury Secretary?
  
  As President-elect Trump narrows down his choices for Treasury Secretary, markets are taking note of the frontrunners: Scott Bessent and Howard Lutnick.
• Retail Sales up Solidly in October
  
  U.S. retail sales rose last month at a healthy pace in the latest sign that consumer spending is driving the economy's steady growth.
• Powell: Fed Has Time to See Trump Policy Impacts on Economy
  
  Federal Reserve Chair Jerome Powell said the U.S. central bank has time before it needs to adapt its policymaking thinking due to the return of President-elect Donald Trump to the White House.
• Fed Chair: US Best-Performing Major Economy in the World
  
  The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair Jerome Powell said Thursday, a week after the bank cut interest rates for a second consecutive meeting.
• Trump's Transition Team Aims to Kill Biden EV Tax Credit
  
  President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters.
• Americans Rejected Self-Absorbed Democrats' Policies
  
  It's that there were record-breaking demographic swings to the right in this election, rivaling even Ronald Reagan's famous pickup of working-class voters in 1980 and '84 (a group that came to be known as "Reagan Democrats.")
• How Trump Won Over Nearly Half of Latino Voters
  
  As the final votes of the 2024 presidential election finish being officially counted, it is clear that Donald Trump has accomplished a landslide victory, sweeping the battleground states and cementing what many view as the greatest political comeback in American...
• Wholesale Inflation Picks up Slightly to 2.4%
  
  Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure.
• Unemployment Claims Fall, Proving Oct. an Aberration
  
  The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along and that the abrupt slowdown in job growth in October was an aberration.
• China's President Will Unveil a Megaport in Peru
  
  On the edge of Peru's coastal desert, a remote fishing town where a third of all residents have no running water is being transformed into a huge deep-water port to cash in on the inexorable rise of Chinese interest in resource-rich South America.
• Rubio Pick Flags Trump China Policy Could Go Beyond Tariffs
  
  With his nomination of China hardliner Marco Rubio for secretary of state, U.S. President-elect Donald Trump has signaled his policy toward Beijing could go beyond tariffs and trade to a more hawkish stance on China as the United States' main strategic rival.
• Lutnick, Bessent Among Trump's Treasury Candidates
  
  Billionaire banker Howard Lutnick has emerged as a serious contender alongside investor Scott Bessent for the top Treasury job in the new Trump administration, two sources familiar with the matter said, as the race for the high profile role heats up.
• Progress Lowering US Inflation Stalling; Rate Cut Path in 2025 Uncertain
  
  U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low inflation has slowed in recent months, which could result in fewer interest rate cuts from the Federal Reserve next year.
• US Budget Deficit Jumps to $247B, Handing Hole to Trump
  
  The U.S. budget deficit jumped nearly four-fold to $257 billion in October, a figure inflated by several one-off factors, the Treasury Department said Wednesday. October marks the start of a new fiscal year with a big hole that will be turned over to President-elect Donald...
• Higher Shelter Costs Bump Inflation up to 2.6%
  
  U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress towards low inflation has slowed since mid-year, which could result in fewer interest rate cuts from the Federal Reserve next year.

More Economy Stories