The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve

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  'Trump 2.0' looms large over the global economy

  Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.
  
  BBC News - 5h

• VW's Scout has more than 50,000 reservations for upcoming EVs as automaker aims to grow U.S. share

  Volkswagen, which revived the old American brand, said Scout is part of its plan to grow its market share in the U.S.
  
  CNBC - 8h

• If a choice between Denmark and the U.S. is put to Greenland’s voters, that’s happened before

  President-elect Donald Trump’s repeated social-media messages about his desire for the U.S. to acquire Greenland have brought up the question of whether the Arctic country’s own citizens may end ...
  
  MarketWatch - 1d

• U.S. Surgeon General warns of link between alcohol, cancer

  The U.S. Surgeon General has called for new warning labels on alcoholic beverages that warn of a link between drinking and cancer. The announcement sent shares of alcohol stocks tumbling, but such ...
  
  CBS News - 4d

• Italy, Caught Between U.S. and Iran, Seeks to Free Journalist

  The case of Cecilia Sala, who is detained in Iran, is a test for Italy’s government as it gets caught up in Tehran’s shadow war with the U.S.
  
  The Wall Street Journal - 5d

• Biden rejecting deal between U.S. Steel and Japan's Nippon Steel, according to reports

  President Biden is reportedly blocking the deal between U.S. Steel and Japan's Nippon Steel. CBS News contributor Javier E. David has more.
  
  CBS News - 5d

• Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes

  Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...
  
  MarketWatch - 6d

• Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.

  The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.
  
  MarketWatch - 6d
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  Showdown over House Speaker after Trump endorses Johnson

  Even though President-elect Trump has endorsed him, House Speaker Mike Johnson faces a showdown over whether he will continue in the role. A vote is scheduled in the House on Friday. NBC News' Gabe ...
  
  NBC News - Dec. 31

More from Inc.

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  Flying Taxis Rise on Aviation Industry’s Horizon

  Flying taxis are making major strides.
  
  Inc. - 6h
• 

  Meta Rolls Back Hate Speech Rules

  Advocates say Meta’s decision to loosen content moderation could lead to serious harms.
  
  Inc. - 6h
• 

  Treasury: COVID Stimulus May Have Contributed to Inflation

  U.S. Treasury Secretary Janet Yellen said spending could have have contributed “a little bit” to rising inflation.
  
  Inc. - 6h
• 

  U.S. to Build New Stockpile of Poulty Bird Flu Vaccine

  This bird flu outbreak has killed more than 130 million commercial, backyard and wild birds in all 50 states.
  
  Inc. - 6h
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  Why Nvidia’s Jensen Huang Is So Bullish on ‘Physical AI’ and Robots

  ‘The ChatGPT moment for robotics is coming,’ Huang said. Here’s why.
  
  Inc. - 8h

More in Business

• Black British entrepreneurs find new ways to land funding as diversity efforts are scrapped

  In 2018 Black founders secured just 0.23% of venture funds, according to data from Extend Ventures.
  
  CNBC - 12m

• Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports

  After a contentious negotiation, the International Longshoremen's Association (ILA) and the U.S. Maritime Alliance (USMX) on Wednesday announced a tentative deal on a new six-year master contract.
  
  CNBC - 1h

• The world's most powerful passport has a clear winner this year — in 2024 it was a six-way tie

  Singapore has the most powerful passport, according to the 2025 Henley Passport Index. The nation-state was part of a six-way tie in the 2024 ranking.
  
  CNBC - 1h

• Will the stock market be open today? As Jimmy Carter is laid to rest, the U.S. will observe a National Day of Mourning.

  The U.S. will honor former President Jimmy Carter, who died on Dec. 29 at age 100, with an official state funeral on Thursday, Jan. 9.
  
  MarketWatch - 1h
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  The silent business of digital identity has remade Relx

  Company once known as Reed Elsevier has moved from legal and scientific publishing into AI fraud detection
  
  Financial Times - 1h