Latest in Trump Wields U.S. Power With Unclear Economic Consequences
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Where power meets money in Trump’s gilded city on the Potomac
The second Trump presidency is being shaped by corporate interests, with tech magnates like Elon Musk and Jeff Bezos leading the charge, while Trump appointees such as Scott Bessent are bringing ...The Hill - Jan. 17 -
Will Trump save TikTok from U.S. ban?
The Supreme Court has upheld a law to ban TikTok in the U.S., but President-elect Donald Trump could choose to save the popular social media app by not enforcing the legislation. CBS MoneyWatch ...CBS News - Jan. 17 -
What 3rd case of bird flu with unclear infection source means in fight against virus
A California child was recently confirmed as the third human case of bird flu with a known source of infection. What could this mean in our fight against the disease?ABC News - Jan. 17 -
Trump announces White House economic policy team
The White House National Economic Council advises the president on U.S. and global economic policy.CNBC - Jan. 17 -
I.M.F. Raises U.S. Economic Forecast as Other Regions Lag
It is projecting 2.7 percent growth for 2025. But uncertainty about pending Trump policies looms over the global economic trajectory.The New York Times - Jan. 17 -
Stick-Wielding Man Kills 2 Homeless People in Miami and Injures 2 Others
A suspect has been arrested as the police investigate the motive for what they called an unprovoked attack.The New York Times - Jan. 17 -
Trump’s Treasury pick warns unwinding tax cuts would spark ‘economic calamity’
Scott Bessent also tells US senators in heated confirmation hearing that he backs tougher sanctions on Russian oilFinancial Times - Jan. 16 -
Energy Dept. Offers Utilities $22 Billion to Reshape U.S. Power Grids
The loan guarantees are one of the final attempts by the outgoing Biden administration to encourage power companies to cut emissions while trying to keep rates down.The New York Times - Jan. 16 -
Bessent to tell senators Trump will usher in 'economic golden age'
Scott Bessent, President-elect Trump’s pick to lead the Treasury, plans to tell senators during his confirmation hearing that the next four years will present an opportunity for an “economic golden ...The Hill - Jan. 16 -
Trump’s pick for budget chief echoes his ‘power of the purse’ dreams
The president-elect's nominee for White House budget director reiterated that Trump believes law protecting Congress’ funding power is unconstitutional.Politico - Jan. 15 -
From U.S. Steel to the ‘Art of the Deal’ — Trump’s opportunity for economic statecraft
The deal-focused orientation of President-elect Trump can serve as both the carrot and the stick in a new diplomatic paradigm.The Hill - Jan. 12 -
Powerful winter storm across Southern U.S. maintains its icy grip
Temperatures plunged in some areas turning melting snow into ice and turning roadways treacherous.CBS News - Jan. 11 -
Trump's return to power has old critics and skeptics reconciling with a new 'normal'
Across the spectrum of American society, leaders who once shunned Trump or battled him are now seeking to bolster their ties or extend olive branches.NBC News - Jan. 11 -
Threat of Trump tariffs adds to global economic uncertainty, IMF warns
Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the worldFinancial Times - Jan. 10 -
Venezuela’s Autocrat Detains U.S. Citizens As He Tightens Grip on Power
President Nicolás Maduro was sworn in for another six years on Friday, despite evidence that he lost a July election decisively.The New York Times - Jan. 10 -
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.The New York Times - Jan. 10 -
Iran holds military drills as it faces rising economic pressures and Trump's return
Iran is reeling from a cratering economy and stinging military setbacks across its sphere of influence in the Middle EastABC News - Jan. 9 -
U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged
After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.The New York Times - Jan. 9 -
Trump has limited powers to fight an economic cold war
The new president is not the man to shore up the US ‘economic security state’Financial Times - Jan. 9 -
Mexico’s President Pokes Fun at Trump With New Name for the U.S.
President Claudia Sheinbaum of Mexico also said Donald Trump was ill-informed when he said Mexico was “essentially run by the cartels.”The New York Times - Jan. 8 -
Trump Raises Using Military or Economic Force to Take Greenland and the Panama Canal
In an hourlong news conference at his Florida club, Mar-a-Lago, the president-elect delivered a hodgepodge of grievances, complaints and false claims.The New York Times - Jan. 8 -
Trump could declare national economic emergency to justify universal tariffs, CNN reports
The president-elect is looking at utilizing the International Economic Emergency Powers Act to implement his plan for tariffs on imports.CNBC - Jan. 8 -
Wildfires Roar Through L.A., and Trump Floats U.S. Expansion
Plus, the end of Facebook fact-checking.The New York Times - Jan. 8 -
Trump considers declaring national economic emergency to impose tariffs
Move would allow president-elect to implement broad tariffs after threatening Panama, Greenland and Canada. Donald Trump is mulling over the idea to declare a national economic emergency to ...The Guardian - 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 U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - Jan. 8 -
Joseph Nocella Jr., Trump’s U.S. Attorney Pick, Is a Long Island Judge
Joseph Nocella Jr. has maintained deep connections in a Republican Party organization that has veered sharply to the right.The New York Times - Jan. 8 -
The awkward tributes to Jean-Marie Le Pen show how much power his daughter now wields | Paul Taylor
The far-right leader leaves behind a less welcoming, less tolerant France – that is perhaps ready to elect Marine Le Pen as president. I once asked Jean-Marie Le Pen, during 1992 regional ...The Guardian - Jan. 8 -
Trump says he would use "economic force" to acquire Canada, but does not specify how
One day after Congress certified the 2024 election, and less than two weeks from his inauguration, President-elect Donald Trump addressed reporters on Tuesday in a wide-ranging 75-minute news ...CBS News - Jan. 7 -
Trump keeps up talk of U.S. expansion: From the Politics Desk
President-elect Donald Trump is keeping up his talk of expanding the United States by taking control of Canada, Greenland and the Panama Canal.NBC News - Jan. 7 -
‘A snowball’s chance in hell’: Trudeau rejects Trump threat to annex Canada
President-elect threatened to use ‘economic force’ to make northern neighbor part of US. Justin Trudeau has rejected threats from Donald Trump that the US could use “economic force” to annex its ...The Guardian - Jan. 7 -
Trump threatens economic, not military force, to annex Canada
President-elect Trump said Tuesday he was not considering using military force to make Canada part of the United States after repeatedly musing about the idea of the country becoming the 51st ...The Hill - Jan. 7 -
Will Trump stand up to Russia and China, or appease their lust for power?
The world will soon see either a resolute or an appeasing Trump.The Hill - Jan. 7 -
What Will Trump Do With All That Power?
What can we expect from the president-elect?The New York Times - Jan. 6 -
Trump calls on GOP to pass his agenda in 'one powerful bill'
President-elect Trump on Sunday made public his support for Republican lawmakers to pass key components of his agenda into law with a single reconciliation bill, previewing what is expected to be a ...The Hill - Jan. 6 -
Thune says it’s unclear whether all Trump Cabinet picks will be confirmed
New Senate Majority Leader John Thune (R-S.D.) said it’s unclear if all of President-elect Trump’s Cabinet picks will be confirmed. Thune joined NBC News’s “Meet the Press” for an interview that ...The Hill - Jan. 5 -
From Trump tariffs to AI: the big economic questions facing governments in 2025
The main issues confronting policymakers around the world seem particularly portentous this new year. January is always a time for new beginnings and fresh thinking. But with Donald Trump heading ...The Guardian - Jan. 5 -
Trump Sees the U.S. as a ‘Disaster.’ The Numbers Tell a Different Story.
President Biden is bequeathing his successor a nation that by many measures is in good shape, even if voters remain unconvinced.The New York Times - Jan. 5