Latest in Billions Economic Stimulation
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Here’s Why Economists Say Trump’s Economic Plans Would Worsen Inflation
Tariffs, the GOP hopeful’s go-to economic policy plank, would raise average household costs by $2,600 a year, and experts say Trump’s other plans would do more harm than good.Business - Inc. - October 15 -
Moscow and Beijing announce further cooperation during international group meeting in Pakistan
Leaders and top officials from an international group founded to counter Western alliances have met in Pakistan’s capital, with Moscow and Beijing announcing they will boost cooperationWorld - ABC News - October 16 -
Trump Contends His Economic Policies Won’t Increase Federal Debt
In an interview with Bloomberg News, the GOP candidate denied his tariff plans would hike the deficit by $7.5 trillion, a widely accepted forecast among economists.Business - Inc. - October 16 -
US economic growth is strong — so why cut rates?
Only borrowers such as struggling commercial property and debt-laden zombie companies will benefitWorld - Financial Times - October 17 -
Meet the Gen Z author and economic commentator who coined the term ‘vibecession’
There are some imbalances in the economy that the Fed won’t be able to fix, Kyla Scanlon told MarketWatch — and until then, the bad vibes might continue.Business - MarketWatch - October 17 -
Top Trump economic adviser says big Fed rate cut was justified
Kevin Hassett is contender to replace Jay Powell as US central bank chair if Republican wins electionBusiness - Financial Times - October 18 -
Poll: Voters repelled by election denial and overturning Roe — and drawn to economic proposals
Voters are far less likely to back candidates who say former President Donald Trump won the 2020 election or who support the Supreme Court’s decision overturning Roe v. Wade, and they are more ...Top stories - NBC News - October 20 -
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10-, 30-year Treasury yields end at highest since July as deficit worries grow
Monday’s selloff in U.S. government debt pushed long-dated yields to their highest levels in almost three months amid growing concern about the potential for rising deficit spending after the Nov. ...Business - MarketWatch - October 21 -
Harris edges out Trump on key economic questions, new poll shows
Poll shows more voters support US vice-president’s tax and housing policies compared with the Republican nominee. Donald Trump has lost his advantage over Kamala Harris on who is best qualified ...World - The Guardian - October 21 -
Voters split on whether Harris or Trump is better on key economic issues: Survey
Voters are split on whether they trust former President Trump or Vice President Harris more on a host of key economic issues, according to a poll released Monday. The poll from The Associated Press ...Politics - The Hill - October 21 -
Harris, Trump take economic pitches to Latino voters with Tuesday events
Vice President Harris and former President Trump are each looking to make their economic pitches to Latino voters, with the election just two weeks away. While both see the economy — considered a ...Politics - The Hill - October 22 -
IMF declares victory over inflation, boosts US economic outlook
International Monetary Fund (IMF) officials sounded a death knell for the post-pandemic inflation Tuesday and raised projections for U.S. economic performance, placing the U.S. at the center of the ...Politics - The Hill - October 22 -
WPP returns to sales growth but warns over economic uncertainty
Advertising agency’s revenues rise in US and Europe but fall more than a fifth in ChinaBusiness - Financial Times - October 23 -
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Eurozone economic activity still in decline, PMI survey shows
Bloc ‘stuck in a rut’ as growing services sector cannot offset continued weakness in manufacturingBusiness - Financial Times - October 24 -
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Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition
The luxury-car maker’s net profit halved in the third quarter and it said profitability in its main cars business was weaker due to softer pricing and lower sales of its higher-margin models.Business - The Wall Street Journal - October 25 -
Global Economic Leaders Confront a New Era of Industrial Policy
Policymakers brace for more protectionism and the demise of “neoliberalism” if Donald J. Trump is re-elected in the U.S.Business - The New York Times - October 26 -
Reeves: ‘My budget will match greatest economic moments in Labour history’
The chancellor says she will invest to reverse Tory decline, but stands accused of breaking party manifesto promises . Labour will launch a new era of public and private investment in hospitals, ...World - The Guardian - October 26 -
14 earnings reports and major economic data will be the stock market movers this week
Look for updates on economic growth, inflation, and jobs. It's also the biggest week of earnings season.Business - CNBC - October 27 -
FirstFT: Japan plunges into political chaos
Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflowsWorld - Financial Times - October 28 -
Can Harris’s Economic Plans Sway Small Business Owners to Vote Democratic?
Kamala Harris has leaned in with promises to aid start-ups, but proprietors are often more focused on taxes and regulations.Business - The New York Times - October 29 -
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Keir Starmer warns the UK budget this week will reflect 'harsh' economic reality
British Prime Minister Keir Starmer says fixing Britain’s troubled economy will be a long haul in a “harsh” fiscal environmentWorld - ABC News - October 28 -
The Biden-Harris economic record is much better than critics claim
It would be a shame if Americans went to the voting booth without understanding this important fact.Politics - The Hill - October 28 -
Democrats alarmed Harris’s economic message isn’t breaking through
Democrats are frustrated that Vice President Harris hasn't done more to sell her economic message and worry that former President Trump continues to have a sizeable advantage on what many voters ...Politics - The Hill - October 29 -
Here are the 5 most important U.S. economic issues for voters
Americans say the economy is the most pressing issue as they prepare to cast their ballots on November 5, including these five key issues.Top stories - CBS News - October 29 -
South Africa cuts growth target as economic reality bites
Lower GDP projection comes despite coalition’s charm offensive to win over foreign investorsBusiness - Financial Times - October 30 -
Harris improves her odds over Trump, according to these economic indicators
Those betting on Trump may want to consider the latest economic data, which indicate Harris could benefit from material tailwinds that become a decisive factor in a close race.Business - MarketWatch - October 31 -
Elon Musk says Trump's economic plans could cause 'temporary hardship'
Musk, the world's richest person, is a prominent supporter of Trump.Top stories - ABC News - October 31 -
Rachel Reeves’ first Budget leaves key economic challenges unresolved
OBR says announcements amount to one of the biggest fiscal loosenings of recent decadesBusiness - Financial Times - October 30 -
Chinese factory activity expands for first time in six months
Beijing set to unveil fiscal stimulus focused on struggling local governments next weekBusiness - Financial Times - October 31 -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - October 31 -
Germany’s top economic panel gripped by strife amid internal lawsuit
Council of Economic Experts is grappling with dispute with one member over how to address potential conflicts of interestWorld - Financial Times - November 4 -
How the 'vibecession,' global economic uncertainty are influencing investors this election year
More than 60 countries held or will hold national elections in 2024. Here's the Principal Financial Group CEO's take on investors' response.Business - CNBC - November 5 -
Five economic areas the incoming US president needs to tackle
New administration must find a way to maintain growth while repositioning the economyWorld - Financial Times - November 5 -
Exit polls 2024: Deep economic discontent with Biden drove voters to Trump
Broad economic discontent and sharp divisions about the nation’s future mark voter attitudes nationally in ABC News' preliminary exit poll results.Top stories - ABC News - November 6
