Rising price of paying national debt a risk for Trump's promises on growth, inflation

Donald Trump has big plans for the economy

Inflation rises, Trump looms

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inflation ticks up Consumer prices rose 0.2 percent in October and 2.6 percent over ...

Politics - The Hill - November 14

ECB warns low growth and high debt risk Eurozone crisis

Central bank report sounds alarm on potential concerns over ‘sovereign debt sustainability’

Business - Financial Times - 4 days ago

Unemployment rises as pay growth slows again

The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter.

Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation

U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low prepandemic levels may go on a while.

Business - MarketWatch - November 14

Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says

Global public debt hit a record $97 trillion in 2023, prompting the UN to call for urgent reforms for governments and financial systems around the world.

Business - CNBC - October 31

Trump is the right president to finally tackle the national debt

Trump’s electoral victory will be much less meaningful if he leaves office in four years without addressing our debt and deficit problems.

Politics - The Hill - November 7

Most Americans Expect Trump to Increase National Debt

A Reuters/Ipsos poll shows a majority of people think the President-elect will drive the country further into debt, beyond its current $35 trillion level.

Business - Inc. - November 8

Rove: Trump will pay a price for Cabinet pick 'chaos'

Republican strategist Karl Rove said President-elect Trump will pay a price over the “chaos” he’s caused by picking controversial Cabinet members. In a Wednesday op-ed in The Wall Street Journal, ...

Politics - The Hill - 2 days ago

Inflation ticked up as voters cast ballots, but price growth for many basics holds steady

Price growth ticked higher in October as voters began casting ballots in a presidential election in which economic concerns played a big role.

Is higher inflation here to stay? Fed faces hurdles in quest to crush rising prices.

As inflation slowed sharply last summer, the Federal Reserve sketched out a plan to slash high U.S. interest rates in anticipation of its pending victory over runaway prices. Now that plan is risk.

Business - MarketWatch - 3 days ago

Will inflation stick around? What oil, gold and stocks are signaling about rising prices.

Inflation worries have come back to haunt U.S. financial markets as inventors fret over the potential policy changes under President-elect Donald Trump’s second term could stoke a resurgence of ...

Business - MarketWatch - 3 hours ago

Public sector pay rises and debt interest costs push up UK government borrowing; Bitcoin nearing $100,000 – business live

UK records the second highest October borrowing since 1993, while crypto-friendly Trump pushes bitcoin towards $100k. The jump in UK borrowing last month ( see opening post ) makes it hard for ...

World - The Guardian - 3 days ago

Is US inflation on the rise?

Market Questions is the FT’s guide to the week ahead

World - Financial Times - November 10

US inflation rises to 2.6%

October figure comes as Federal Reserve debates how quickly to lower interest rates

Business - Financial Times - November 13

Warren: Trump risks national security by not cooperating with Biden administration on transition

Sen. Elizabeth Warren (D-Mass.) is warning that President-elect Trump is putting national security at risk by refusing to sign memoranda of understanding with the Biden White House and federal ...

Politics - The Hill - 2 days ago

Eurozone inflation rises to 2% in October

Annual figure is slightly above expectations and matched the ECB’s target

Business - Financial Times - October 31

Inflation pain helped secure Trump win but his policies mean higher prices

Markets expect his policy package to harm trade and growth but reduce business taxes. Dollar and bitcoin soar as Trump wins US election Business live – latest updates US election 2024 – ...

World - The Guardian - November 6

More growth, inflation and uncertainty: the BoE’s Budget verdict

Spending boost has reinforced the monetary policy committee’s caution about scope for further interest rate cuts

World - Financial Times - November 7

Would Trump be inflationary? His supply-driven growth will lower prices, economic adviser argues.

Economist Kevin Hassett — viewed as in the running to become Federal Reserve chair in a second Trump administration — on Tuesday defended the Republican presidential nominee’s policies from the ...

Business - MarketWatch - October 29

Inflation ticks up slightly in October, report shows

A new report shows a slight increase in inflation for the month of October, up to 2.6% compared to 2.4% in September. NBC’s Christine Romans reports for TODAY on what it signals about the economy.

How gold prices reflect inflation expectations

Climbing gold prices may signal deeper worries about inflation. Here's what to consider now.

Economist on whether the national debt is cause for concern

The national debt has reached a staggering $35 trillion, yet some economists argue it's not a problem. Stephanie Kelton, author of "The Deficit Myth," joins "CBS Mornings Plus" to explain how ...

Southern Water at risk of debt default in event of further credit downgrades

Bond issue documentation shows UK utility under pressure over high financing costs

Business - Financial Times - November 5

How quickly are prices rising in the UK?

The rate at which prices are rising has dropped below the Bank of England's target of 2%.

Is a HELOC or home equity loan better with inflation rising?

With inflation rising again, homeowners considering using their home equity should review both options carefully.

Walmart CFO says some prices might rise if Trump's tariffs take effect

A Walmart executive warned that President-elect Trump’s plans to raise tariffs on imports could drive the retail giant to increase the price of store items. “We never want to raise prices,” ...

Politics - The Hill - 4 days ago

UK house price growth slowed ahead of Budget

Rise in prices of just 0.1% between September and October fails to hit forecasts

World - Financial Times - November 1

With facial fillers on the rise, expert weighs in on the risks

Last year, more than 5 million people received filler injections, an 8% increase from the previous year. Dermatologist Dr. Jeanine Downie joins "CBS Mornings Plus" to discuss the potential risks ...

10-, 30-year Treasury yields end at 4-month highs as investors weigh inflation risks

Yields on U.S. government debt finished mixed on Wednesday as traders weighed rising expectations for a quarter-point rate cut by the Federal Reserve in December against the potentially ...

Business - MarketWatch - November 13

Fed Governors Put out Opposing Views of Inflation Risk

Two speeches show concerns about inflation as the Fed decides on another quarter-percentage-point rate reduction.

Business - Inc. - 3 days ago

Was it inflation that swung it for Trump?

The answer is probably ‘yes’, but not for the reasons you think

World - Financial Times - November 11

Should I pay credit card debt that has been written off?

Paying off written-off debt may seem counterintuitive, but it can make sense in certain cases. Here's why.

Will my credit score drop if I pay a credit card debt collector?

Paying off an old debt could have an impact on your credit score — but not always in the way you'd think.

How will the Fed handle Trump?

Federal Reserve chair cannot easily prepare for president-elect’s second term but might benefit from being less aggressive

Business - Financial Times - November 12

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