Heres Why Economists Say Trumps Economic Plans Would Worsen Inflation
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Is the College Football Playoff bracket fair? Here are some tweaks that would have changed things
The committee that chose the 12 contenders for college football’s national title was only worried about ranking the teamsABC News - Dec. 9 -
'Low-hire, low-fire': The U.S. job market is stagnant right now, economists say
The labor market is not nearly as dynamic as it was in 2021 and 2022. That provides both good and bad news for workers.CNBC - Dec. 9 -
SoFi’s stock doubled over three months. Here’s why BofA says it’s now overvalued.
BofA sees the stock “priced to perfection,” while noting lesser visibility into tech deals and renewed attention on fair-value accounting.MarketWatch - Dec. 9 -
Trump details immigration plans, says he'll pardon Jan. 6 rioters
President-elect Donald Trump spelled out some of his initial plans for his incoming administration in his first post-election interview over the weekend. CBS News congressional correspondent Nikole ...CBS News - Dec. 9 -
Trump Says He Does Not Have Plans to Replace Jerome Powell as Fed Chair
Donald J. Trump, the president-elect, said he doesn’t “see it” when asked if he would try to oust the head of America’s central bank.The New York Times - Dec. 8 -
Trump says he ‘would consider’ raising the federal minimum wage
President-elect Donald Trump says there’s a “level at which you could” raise the federal minimum wage, but he would want to speak to governors first during an exclusive interview with Meet the Press.NBC News - Dec. 8 -
Trump refuses to concede 2020 election: ‘Why would I do that?’
President-elect Donald Trump tells Kristen Welker that he’s “not interested” in directing the Department of Justice to investigate the 2020 election, during an exclusive interview with Meet the Press.NBC News - Dec. 8 -
Who would pay for Trump's promised tariffs? You will!
Trump wants to impose across-the-board tariffs on imported goods from both allies and adversaries, claiming it's other nations who will pay such taxes to the U.S. Treasury. But it's American ...CBS News - Dec. 8 -
Trump says he still has ‘concepts of a plan’ for health care
President-elect Donald Trump defends his handling of the Affordable Care Act in his first White House term during an exclusive interview with Meet the Press.NBC News - Dec. 8 -
Trump says he doesn’t plan to restrict abortion pills, but also says, ‘things change’
During an exclusive interview with Meet the Press, President-elect Donald Trump says he “probably” will not restrict the availability of medication abortions during his second term in the White House.NBC News - Dec. 8 -
Trump aims to end birthright citizenship, says citizens with family here illegally may be deported
President-elect Donald Trump, in an exclusive interview with “Meet the Press,” also said he is open to working with Democrats on a legislative way to keep Dreamers in the United States.NBC News - Dec. 8 -
Trump’s tariffs didn’t spark inflation last time? Here’s the trouble with that defense.
When allies of President-elect Donald Trump address one big criticism of his tariff plans — that the levies would boost inflation at time when Americans are already frustrated with elevated prices ...MarketWatch - Dec. 7 -
‘The Interview’: Tilda Swinton Would Like a Word with Trump About His Mother
The Academy Award-winning actress discusses her lifelong quest for connection, humanity’s innate goodness and the point of being alive.The New York Times - Dec. 7 -
U.S. economy poised to dominate for the next 20 years — at the cost of growing inequality, economist says
U.S. economic dominance over other countries is poised to surge in the next 20 years due to its widening lead in technology and science, but at the expense of growing inequality at home.MarketWatch - Dec. 6 -
Trump’s pick for IRS chief would lead an agency he once wanted to scrap. Here’s how he might run it.
President-elect Donald Trump wants the Internal Revenue Service under new management, and experts say change is coming. The question is how deep it will go.MarketWatch - Dec. 6 -
Yes, Chipotle is raising menu prices again: Here's why
The cost of your burrito bowl is going up. Chipotle has raised menu prices for the first time in over a year.The Hill - Dec. 6 -
Harry says life in the US is what Diana would have wanted for him
The prince said his family were able to access a degree of privacy and freedom that they couldn't in the UK.BBC News - Dec. 5 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Trump picks economist Faulkender for No. 2 position at Treasury
President-elect Trump announced economist Michael Faulkender as his pick for deputy secretary of the Treasury on Wednesday, the second-highest ranking position at the department. If confirmed, ...The Hill - Dec. 4 -
Chipotle says it's raising prices 2% in response to inflation
Chipotle said it's raising its menu prices by 2%, a rare direct admission about the impact of ongoing price increases in the economy on its finances.NBC News - Dec. 4 -
'Why would I back down?': Embattled Pete Hegseth says Trump told him to keep fighting
Pete Hegseth, Donald Trump’s embattled pick for defense secretary, brushed aside suggestions that he would drop out and said Trump urged him to “keep fighting.”NBC News - Dec. 4 -
Trump nominates Peter Navarro as senior economic adviser
China hawk who served in president-elect’s first term was imprisoned for contempt of Congress over 2021 Capitol attackFinancial Times - Dec. 4 -
Economy cools off after election, ISM finds. Businesses anxious about Trump’s economic plans.
Service-oriented companies in the U.S. grew in November at the slowest pace in three months, reflecting uncertainty about how the incoming Trump administration will affect the economy.MarketWatch - Dec. 4 -
How would Donald Trump carry out his mass deportation scheme?
Trump deported 1.5 million people in his first term; it’s now suggested he’ll remove 1 million a year in his second term. When Donald Trump takes office in January, his administration plans to ...The Guardian - Dec. 4 -
'Test bowling is different to county cricket - here's why'
Steven Finn explains why fast bowling in Test cricket is different to county level and why England are looking beyond the numbers when making selections.BBC News - Dec. 4 -
If Trump’s tariffs start a trade war, it would be an economic disaster | Mark Weisbrot
The president-elect’s two main arguments for his tariff threat – to reduce migration and to combat drugs – are not credible. “To me, the most beautiful word in the dictionary is tariff, and it’s my ...The Guardian - Dec. 4 -
Fewer shoppers turned out for Thanksgiving-weekend deals, retail group says. Here’s why.
The five-day period between Thanksgiving and Cyber Monday saw fewer shoppers than a year ago, a major retail-industry group said Tuesday, due in part to the later timing of the holiday this year ...MarketWatch - Dec. 4 -
Ohio Democrat says he would also join Congressional DOGE caucus
Ohio Rep. Greg Landsman (D) said Tuesday he would join the Congressional Delivering Outstanding Government Efficiency (DOGE) Caucus, which seeks to be a counterpart to the new “Department of ...The Hill - Dec. 4 -
Trump’s election win fueled crypto XRP’s rally to a new high. Here’s why its gains may last.
XRP, the world’s third-largest cryptocurrency by market capitalization, hit a record high at $2.90 on Tuesday before pulling back — with its rally fueled by optimism around a more friendly ...MarketWatch - Dec. 3 -
Trump’s economic plans may encounter a problem many Americans know all too well: Crushing debt
None of President-elect Donald Trump’s plans for boosting domestic production have “a chance” unless this happens, says one economist.MarketWatch - Dec. 3 -
Trump Will Have Enormous Power Over Climate Action. Here’s Why.
Presidents have extraordinary control over climate policy, in part, because it’s been decades since Congress has passed a comprehensive environmental bill.The New York Times - Dec. 3 -
Dollar stores are struggling to win over bargain hunters — here’s why
Slowing sales and company-specific struggles have put pressure on Dollar General and Dollar Tree, which will report quarterly earnings this week.CNBC - Dec. 3 -
Dollar stores are struggling to win over bargain hunters — here's why
As shoppers look for value, dollar stores might seem to be logical destinations.NBC News - Dec. 3 -
Jason Miller: Notion Biden would pardon Trump 'a complete media manipulation'
Trump-Vance transition team senior advisor Jason Miller dismissed the idea of President Biden pardoning President-elect Trump Monday night, calling the notion a "complete media manipulation." When ...The Hill - Dec. 3 -
Biden’s Christmas present for Trump: Sticky inflation
President Biden's big-spending ways have ensured that the nation's initial progress in inflation reduction is flattening out, keeping inflation rates higher than Federal Reserve Bank officials prefer.The Hill - Dec. 3 -
Trump says he would block US Steel acquisition by Nippon Steel
President-elect Trump vowed to block Japanese Nippon Steel Corp.'s acquisition of U.S. Steel. "I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this ...The Hill - Dec. 3 -
Bloomberg Says RFK Jr. Would Be ‘Beyond Dangerous’ as Health Secretary
Michael R. Bloomberg, the former New York City mayor and a public health advocate, is asking Senate Republicans to persuade President-elect Donald J. Trump to “rethink” Kennedy’s nomination.The New York Times - Dec. 3 -
Trudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister says
Prime Minister Justin Trudeau has told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian productsABC News - Dec. 2 -
Here's Why Your Fortnite XP Gains Are Slower In Chapter 6
The recently announced changes to Fortnite Crew have been accompanied by some unpopular changes to XP gains in Chapter 6 Season 1, with progress slowing compared with past seasons--a jarring ...GameSpot - Dec. 2