Latest in McConnell: Trump tariffs 'will drive the cost of everything up'
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Trump rolls back effort to lower Medicare, Medicaid drug costs
Trump’s executive order halts an effort to cap the copayment for generic medications at $2 for Medicare beneficiaries.MarketWatch - Jan. 25 -
Trump tariff talk is heating up on Wall Street, signaling a rocky road ahead for investors
S&P 500 companies’ mentions of tariffs on earnings calls have surged, according to Citi Research.MarketWatch - Jan. 25 -
Almost everything Trump did in his whirlwind first week
The new president promised to make heads spin on day one. The BBC’s Analysis Editor Ros Atkins tries to keep up with what just happened.BBC News - Jan. 25 -
McConnell sends a message
With a vote against Pete Hegseth, the former GOP leader makes clear he will be an unreliable ally of Donald Trump.Politico - Jan. 24 -
Bird Flu in U.S. Is Creating Egg Shortages and Driving Up Prices
Avian influenza has led to a shortage of eggs and wholesale prices that are through the roof. Consumers can expect to feel the pain for a while.The New York Times - Jan. 24 -
Trump promised to lower housing costs. Mortgage rates stand in the way.
The 30-year mortgage rate fell for the first time in six weeks, but remains elevated.MarketWatch - Jan. 24 -
Trump's tariff deadline
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump stares down Feb. 1 tariff deadline President Trump promised steep tariffs ...The Hill - Jan. 23 -
Trump Drive to Cut Safety Net Could Hit His Voters
The new administration wants to slash aid for health, food and housing, but many of those programs now reach the struggling working class he is courting.The New York Times - Jan. 23 -
McConnell: 'Alarming' some Trump Pentagon hires survived vetting process
Sen. Mitch McConnell (R-Ky.) said it was “alarming” that some of President Trump’s new hires in the Pentagon survived the vetting process. McConnell is urging the Trump administration to “steer ...The Hill - Jan. 23 -
Why are the costs of eggs and gas going up again?
The costs of eggs and gas are on the rise again. NBC’s Christine Romans joins TODAY to break down how the global market and a bird flu crisis are impacting the prices.NBC News - Jan. 23 -
Dimon defends Trump tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} View Online Business & Economy Business & Economy The Big Story ‘Get over it’: Dimon defends Trump on tariffs JPMorgan Chase CEO Jamie ...The Hill - Jan. 23 -
How much money would Trump's immigration orders cost?
Some of President Trump's executive orders on immigration pave the way for his plan to conduct what he is calling the largest deportation operation in American history. If these deportations ...CBS News - Jan. 21 -
Trump pardons give Jan 6 defendants nearly everything they wanted
Some of the president's own team had signalled not all of those arrested over the Capitol riot would be released - until his order on Monday.BBC News - Jan. 21 -
Trump rolls back Biden directive to study methods of lowering prescription costs
Among the dozens of Biden-era executive orders he rescinded on day one, President Trump nixed one that aimed to explore new health care payment models that would lower prescription costs for ...The Hill - Jan. 21 -
McConnell criticizes Trump Jan. 6 pardons
Former Senate Minority Leader Mitch McConnell (R-Ky.) criticized President Trump for pardoning roughly 1,500 people who were arrested during the Jan, 6, 2021, riot at the Capitol, including some ...The Hill - Jan. 21 -
Keating errors cost City vs. United; Chelsea keeping winning; Madrid slip up
Catch up on the action from the women's game as Man United shocked City in the derby, Chelsea broke a record and Real Madrid were upset.ESPN - Jan. 20 -
EU gears up for tariffs and Ukraine peace plans on Trump’s first day
Also in this newsletter: How criminals are circumventing the crackdown on cocaine smuggling in AntwerpFinancial Times - Jan. 20 -
‘Everything, everywhere, all at once’: what will Trump 2.0 unleash?
On Monday the 47th president will be sworn in – and critics say Trump’s second term will be more radical than his first. Come 12pm on Monday, on what is expected to be a bone-chillingly cold day , ...The Guardian - Jan. 19 -
Trump's Tariff Threats Push Europe to Gear Up for Trade Fight
U.S. duties could nudge the European Union toward protectionist measures and away from free trade.The Wall Street Journal - Jan. 19 -
Two Watchdogs Were Rebuffed From Joining Trump’s Cost-Cutting Effort
“We have no room in our administration for Democrats,” a transition spokeswoman replied after good-government activists tried to join the president-elect’s new efficiency department.The New York Times - Jan. 16 -
Many U.S. adults doubt Trump will be able to bring down costs
Many U.S. adults are skeptical about President-elect Donald Trump's ability to bring down costs.CBS News - Jan. 16 -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - Jan. 16 -
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - Jan. 16 -
‘It’s ironic’: how climate crisis is driving Trump push on Greenland and Panama
What the president-elect calls a ‘giant hoax’ is changing the strategic calculus in the Arctic and for the Panama canal. Donald Trump ’s desire to seize control of Greenland and the Panama ...The Guardian - Jan. 13 -
Trump Wants to Buy Greenland, But How Much Would It Actually Cost?
President-elect Donald Trump wants to buy the territory from Denmark, which says it’s not for sale. DealBook asked experts how they’d approach the deal.The New York Times - Jan. 11 -
Americans stocking up on foreign goods before Trump tariffs: ‘a sense of urgency’
As inauguration day approaches, consumers scooping up iPads, building supplies, shelf-stable foods and electric cars. Tablets and appliances made in China, hybrid cars built in Canada, European ...The Guardian - Jan. 11 -
High cost of weight loss drugs drives employers to require nutrition counseling, in boost for startups
Startup Virta Health saw 60% revenue growth last year, topping $100 million, driven by demand for its employer weight loss management program.CNBC - Jan. 10 -
Fantasy Baseball: Everything you missed after football started, from unlikely risers to prospect call-ups
The 2024 season didn't end in August, you knowCBS Sports - Jan. 9 -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - Jan. 9 -
These 4 Factors Are Driving Up Worker Productivity
U.S. businesses are benefitting from hybrid work, fewer meetings, better AI use, and more startups, increasing total output and offsetting post-pandemic wage increases.Inc. - Jan. 8 -
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live
Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...The Guardian - Jan. 8 -
The loyalty both Biden and Trump demand is costing America dearly
Pardoning those he called “patriots” and “political prisoners” would send a message — that loyalty to Trump comes with benefits.The Hill - Jan. 8 -
From Greenland to Canada, everything Trump said at his news conference
NBC News' Vaughn Hillyard reports on President-elect Trump's lengthy and wide-ranging news conference. Trump discussed pardons for those involved in the Capitol riot on January 6, 2021, and would ...NBC News - Jan. 7 -
Trump's trolling and tariffs sped up Justin Trudeau's demise. How will Canada handle Trump now?
Canadians woke up Tuesday to an uncertain future, after Prime Minister Justin Trudeau said he would resign and bring his near-decade in power to an end.NBC News - Jan. 7 -
Trump: Biden ‘doing everything possible’ to make transition difficult
President-elect Trump on Monday accused President Biden of making the presidential transition difficult, citing recent executive orders on climate and other official acts Biden has taken in his ...The Hill - Jan. 6 -
Harris to Certify Trump’s Victory, and Driving in Manhattan Gets Pricier
Plus, you probably haven’t seen the Golden Globe winners.The New York Times - Jan. 6 -
Driving into Manhattan? That’ll Cost You as Congestion Begins
Congestion pricing is intended to reduce traffic gridlock and fix New York’s public transit infrastructure.Inc. - Jan. 5 -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - Jan. 5