Latest in The chain of contradictions in Trump’s economic policy
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Trump’s Policy Plans Could Hit Restaurant Industry, Seafood Prices and Trucking
While shares of restaurant operators traded higher, the prospect of mass deportations could gut the industry’s labor force.Inc. - 4h -
From Chili's to burger chains, here are the restaurant industry winners and losers in 2024
Chili's, Taco Bell and the casual-dining segment were some of the big winners in the restaurant industry this year.CNBC - 4h -
Scott Bessent, Trump’s Treasury Pick, Is Poised to Test ‘Three Arrows’ Economic Strategy
Scott Bessent’s “3-3-3” plan to stimulate growth, reduce the deficit and expand oil production will soon face economic realities.The New York Times - 6h -
The Cookie Chain Teen Girls Are Powering to $1 Billion in Sales
Crumbl woos young fans with social media and sugar—and drives their parents nutsThe Wall Street Journal - 20h -
Scott Bessent, Trump’s Treasury Pick, Is Poised to Test ‘Three Arrows’ Economic Strategy
Scott Bessent’s “3-3-3” plan to stimulate growth, reduce the deficit and expand oil production will soon face economic realities.The New York Times - 6h -
The chain of contradictions in Trump’s economic policy
His team is promising high growth, low inflation and control of government spending — all at onceFinancial Times - 12h -
The First New Foreign Policy Challenge for Trump Just Became Clear
Because of Syria’s centrality in the Middle East, positive change there could radiate out in all directions.The New York Times - 14h -
Eric Adams meets with Trump border czar to talk NYC's role in new immigration policy
New York City Mayor Eric Adams met with incoming border czar Thomas Homan Thursday to discuss their plans to remove what he says were violent undocumented immigrants.ABC News - 1d -
Elon Musk contradicts RFK Jr.'s sentiments on weight loss drugs
Elon Musk validated the use of GLP-1 drugs in a post on X on Wednesday. But Robert F. Kennedy Jr. has said he's opposed to Americans using them to fight obesity.ABC News - 1d -
ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies
The European Central Bank is cutting interest rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new ...ABC News - 1d -
Economic fallout from Trump mass deportations could eclipse Great Recession: Report
President-elect Trump’s mass deportation proposals threaten to gut the U.S. economy, shrinking growth and the labor force while juicing inflation, according to a report released Thursday by ...The Hill - 1d -
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Trump Intends to Reshape U.S. Policies Within Hours of Inauguration
Donald Trump want to shake up politics on day one of his presidency.Inc. - 2d -
Democratic exit poll: Trump's economic message transcended demographics
A new exit poll of battleground state voters found that President-elect Trump’s economic message broke through demographic barriers, building a national coalition that Vice President Harris was ...The Hill - 2d -
Albertsons Gives Up Kroger Bid, Sues the Grocery Chain for Failed Deal
The lawsuit follows two separate Monday rulings blocking what would have been the largest ever grocery chain merger.Inc. - 2d -
Trump plans to scrap policy restricting ICE arrests at churches, schools and hospitals
The long-standing policy has prevented ICE agents from arresting immigrants at so-called "sensitive locations" except under certain circumstances.NBC News - 2d -
As Teenagers, They Protested Trump’s Climate Policy. Now What?
Some young climate activists who were galvanized under Donald Trump’s first presidency are taking a different approach to his second.The New York Times - 2d -
Biden touts economic legacy, says Trump will inherit a strong economy
President Biden touted his economic record during a speech on Tuesday, despite high prices being a key factor in President-elect Donald Trump's win. CBS News political correspondent Caitlin ...CBS News - 3d -
Biden Calls Project 2025 an ‘Economic Disaster,’ Prays That Trump Will Throw It Away
President Joe Biden reflected on his economic achievements during an address at the Brookings Institution, reminding attendees about the strong economy he’s leaving for his successor.Inc. - 3d -
Biden stakes out economic legacy at Brookings as Trump readies takeover
President Biden on Tuesday made the case for the strength of his economic legacy as he prepared to leave office next month, arguing President-elect Trump would be inheriting a desirable situation ...The Hill - 3d -
Trump's Cabinet picks set off political chain reaction in Florida congressional races
The field of candidates has been set for two special elections in Florida to replace members of Congress nominated for positions in President-elect Donald Trump’s new administrationABC News - 3d -
Trump has flip-flopped on abortion policy. His appointees may offer clues to what happens next
As Donald Trump’s Cabinet begins to take shape, the nominees offer a preview of how his administration might handle abortion after he repeatedly flip-flopped on the issue on the campaign trailABC News - 4d -
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Chi-Chi’s, Former Mexican Restaurant Chain, Plans a Comeback
The chain, which closed in 2004, is poised for a revival next year after the son of one of the founders reached a deal with Hormel Foods.The New York Times - 5d -
Trump’s tariff plan is bad policy and bad politics
Last month, President-elect Donald Trump announced that on his first day in office, he will impose a 25 percent tariff on all products from Canada and Mexico and an additional 10 percent on China. ...The Hill - 5d -
Political Turmoil Adds to the Economic Woes of South Korea
Even before a short-lived declaration of martial law thrust the country into crisis, the economy faced grim prospects.The New York Times - Dec. 6 -
Trump Business Plans Ethics Policy Without Banning Foreign Deals
The family business of President-elect Donald J. Trump is expected to announce some restrictions on transactions but is not likely to accept as many limitations as it did eight years ago.The New York Times - Dec. 5 -
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 -
Why ‘Dollar’ Discount Chains Struggle to Lure Penny-Pinching Shoppers
Despite offering inflation-weary consumers low prices and good value, Dollar General, Dollar Tree, and Family Dollar are losing customers to big-box rivals with better mobile shopping options.Inc. - Dec. 4 -
GOP lawmakers already divided over sweeping Trump policy bill
John Thune wants a two-step strategy that addresses immigration and energy first, and then taxes later. Key House Republicans aren’t on board that plan.Politico - 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 -
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 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
What we know about Trump's plans on foreign policy, tariffs
Tariffs for countries sending goods to the U.S. still appear to be part of President-elect Donald Trump's plans for his second term in the White House. CBS MoneyWatch correspondent Kelly O'Grady ...CBS News - 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 -
'Realistic' green policies good for the U.S., Aramco CEO says, with Trump to return to White House
Trump has pledged to "end Biden's delays in federal drilling permits and leases that are needed to unleash American oil and natural gas production."CNBC - Dec. 3 -
A Trump-Biden tag-team can make our Ukraine and China policies great again
Trump has a choice of either burnishing or blemishing his foreign policy record, and instead can chart a uniquely new course that will put him on the heroic side of history.The Hill - Dec. 3 -
Meta’s Zuckerberg seeks ‘active role’ in Trump tech policies
Policy chief Nick Clegg says social media company ‘overdid it’ on content moderation, as it seeks to placate president-electFinancial Times - Dec. 3 -
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How a Fast-Growing Wellness Franchise Navigated a Supply Chain Snag
Prime IV Hydration & Wellness is charting rapid growth—and founder Amy Neary isn’t letting any obstacles slow it down.Inc. - Dec. 2