The U.S. dollar edged higher on Thursday on expectations the currency would be boosted next year by policies by the incoming Donald Trump administration that are expected to boost growth and lift inflation.
Despite two impeachments, 10 Jan. 6 Capitol riot congressional live televised hearings, four criminal indictments, 91 felony charges, and even two assassination attempts, Trump will duplicate Grover Cleveland’s achievement and reclaim the American presidency four years after defeat.
President-elect Donald Trump has vowed to repeal Joe Biden's signature climate bill called the Inflation Reduction Act, which initially aimed at some $400 billion in new spending and tax cuts and credits at accelerating America's transition to a green energy economy.
Research from the Federal Reserve Bank of New York finds an ominous correlation between the performance of stocks and the implementation of tariffs during Trump's first term.
He has promised to tame price increases. But even a president can only do so much.
President-elect Donald J. Trump is expected to roll back many of the rules and subsidies that have attracted billions of dollars from the private sector to renewable energy and electric vehicles.
Donald Trump has promised to cut energy costs, but an expert said some of his policies might end up hurting his own supporters. The price of natural gas looks likely to jump despite record-high production,
Ensuring price stability early on is necessary to unleash economic growth and a ‘blue-collar boom.’
The Federal Reserve is starting to contend with how President-elect Donald Trump and his ambitious policies could influence inflation in 2025.
President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally.
Eric Trump praised his father's commitment to protecting U.S. interests through tariffs and strong foreign policy. He highlighted moves like signaling disengagement from prolonged Middle Eastern conflicts and pushing back against unfair practices by China and NATO.
Beijing is currently working steadily towards reviving its faltering economy, but the United States may be bent on creating more problems for China's economy if Trump introduces the heavy import tariffs for Chinese-made products,