Latest in Economic Legacy Economic
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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 -
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 -
Will the Democrats overcorrect on US economic policy?
Bidenomics’ lasting legacy may depend on Republican successFinancial Times - Jan. 16 -
Liz Truss is long gone from Downing Street – but zombie economics lives on | Aditya Chakrabortty
Labour’s panicked reaction to turbulence is to promise ‘ruthless’ cuts. It has learned the wrong lessons from Britain’s shortest-lived PM. Britain’s centre of power is stalked by a zombie. Across ...The Guardian - Jan. 16 -
Chinese citizens’ doubts grow over official economic growth claims
Government expected to announce GDP expanded about 5% in 2024 but many feel economy is in recessionFinancial Times - Jan. 16 -
The Design Legacy of Los Angeles That Fell to the Fires
The finality of the wildfires’ destruction has taken 10 more cherished buildings — by Richard Neutra, Gregory Ain, Eric Owen Moss and others.The New York Times - Jan. 16 -
Economic Toll of Los Angeles Fires Goes Far Beyond Destroyed Homes
The ongoing disaster will affect residents’ health, local industries, public budgets and the cost of housing for years to come.The New York Times - Jan. 15 -
Britain should stop pretending it wants more economic growth
Almost everyone in politics has something they prioritise over itFinancial Times - Jan. 15 -
Soaring Bond Yields Put U.K. Government’s Economic Plan at Risk
Investors are demanding sharply higher yields on government bonds, threatening to upend the Labour Party’s plans to reinvigorate a stagnant British economy.The New York Times - Jan. 14 -
How to assess Broadcom's China risk — plus, an economic-proof stock gets Wall Street love
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Jan. 13 -
OpenAI outlines proposals to bolster national security, drive economic growth
OpenAI laid out a series of new artificial intelligence (AI) policy proposals Monday, encouraging U.S. development of the emerging technology to stay ahead of China while minimizing its risks. "As ...The Hill - Jan. 13 -
How Biden tarnished his own legacy
The 46th president had his accomplishments - but for now these are partly overshadowed by certain misstepsBBC News - Jan. 13 -
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 -
China and UK restart economic and financial talks after 6-year hiatus
China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury chief to BeijingABC News - Jan. 11 -
Indonesia and Japan promise deeper defense and economic ties as regional tensions spike
Japan and Indonesia have pledged to deepen economic and defense ties during a visit by the Japanese prime minister amid heightened global geopolitical tensionsABC 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 -
Early ‘forever chemicals’ exposure could impact economic success in adulthood – study
Those who lived in regions with firefighting training areas earned about 1.7% less later in life, research shows. Early life exposure to toxic PFAS “forever chemicals” could impact economic success ...The Guardian - 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 -
Labour’s economic reality check approaches
Rising cost of borrowing piles pressure on UK fiscal rules and government’s promises, but politics make cuts complicatedFinancial Times - Jan. 10 -
L.A. wildfires have caused more than $135 billion in economic losses — and counting
Fires across Southern California are already one of the most damaging in the states history.MarketWatch - Jan. 10 -
Doris Kearns Goodwin reflects on Jimmy Carter's legacy
Presidential historian Doris Kearns Goodwin joins "CBS Mornings" to discuss the lasting impact of Jimmy Carter's presidency and his contributions to the nation as the country honors his life at his ...CBS News - Jan. 9 -
Henry Zeffman: Market trouble threatens Labour's economic plans
Chancellor Rachel Reeves may have to choose between tax rises and spending cuts, writes Henry Zeffman.BBC News - Jan. 9 -
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 -
The looming battles over US economic policy thinking
Both Republicans and Democrats are split between populist and oligarchic visionsFinancial 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 -
What is Biden's legacy on climate change?
Officials on Wednesday afternoon briefed President Biden about the massive wildfires in Southern California fueled by climate change. Slashing Mr. Biden's climate regulations is at the top of ...CBS News - Jan. 8 -
Economic loss from California wildfires could reach $52B-57B: Report
Total damage from the devastating wildfires scorching Southern California could amount to between $52 billion and $57 billion in economic losses, according to a new analysis. The estimate, issued ...The Hill - 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 -
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 -
A Legacy From Carter That Democrats Would Prefer to Escape
For decades, Republicans have reveled in invoking Jimmy Carter’s name to deride Democrats as weak — mockery that has influenced the way Democrats present themselves to voters.The New York Times - 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 -
Tech stocks got slammed because economic data sparked a jump in bond yields
Data on job openings and service-sector activity sent markets into “good news is bad news” mode on Tuesday.MarketWatch - 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 -
Behind Jimmy Carter's legacy as president
Jimmy Carter's presidency was marked by global challenges and his quest to unite Americans. James Fallows, a speechwriter for the Carter administration, joins CBS News with more on Carter's legacy.CBS News - 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 -
An economically dynamic India is Manmohan Singh’s greatest legacy
He drove radical reform of an anti-market policy regime that was strangling growthFinancial Times - Jan. 7 -
Remembering Jimmy Carter's public health legacy
From fighting tropical diseases to championing mental health care, Jimmy Carter's decades of public health work reflect a legacy of enduring change.CBS News - Jan. 7