Latest in Handling U.s Economy
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U.S. economy poised to lead the global pack in 2025, IMF says. Here’s why.
The U.S. economy has separated itself from the global pack — and its lead could widen in the new year.MarketWatch - 10h -
O'Reilly: Trump's past mob dealings prepared him to handle Putin
Bill O'Reilly thinks Trump's willingness to talk with anyone, even the mob, will serve him well when dealing with Putin.The Hill - 12h -
As Biden exits, how will he be remembered for his handling of the U.S. economy?
The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.CBS News - 15h -
Biden says 'red states really screwed up' in handling their economies during Covid years
The president also said in his interview with MSNBC that he "almost spent too much time on the policy and not enough time on the politics" of programs he signed into law.NBC News - 22h -
How should the media handle Trump 2.0?
Suffice it to say, Trump doesn’t like journalists, and the wide majority of mainstream reporters don’t like Trump. But journalists need to get over themselves and remember they are serving American ...The Hill - 1d -
Zeldin highlights importance of protecting environment and the economy
Lee Zeldin, President-elect Trump's pick to run the Environmental Protection Agency, focused his opening statement on the importance of protecting the environment, human health and the U.S. economy ...NBC News - 1d -
Badenoch criticises Tory handling of Brexit
In her first major speech of 2025, Badenoch acknowledges the Conservatives "made mistakes".BBC News - 1d -
Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.
Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the economy entered the new year with some momentum.MarketWatch - 1d -
UK economy’s 0.1% growth fails to hit forecasts
November expansion is first since August as pressure on chancellor Rachel Reeves to rebuild confidence growsFinancial Times - 1d -
UK economy disappoints despite return to growth
Official figures show the economy grew by 0.1% in November, although that was lower than had been expected.BBC News - 1d -
FirstFT: Germany’s economy contracts for second straight year
Also in today’s newsletter, South Korea’s impeached president is arrested and powerful Wall Street dealmaker joins OpenAI boardFinancial Times - 2d -
German economy shrinks for second consecutive year
Europe’s largest economy contracted by 0.2% in 2024Financial Times - 2d -
Goldman’s Solomon says US economy in a ‘fragile place’
Wall Street bank’s chief expects deregulation under Trump to spur business investment but urges cautionFinancial Times - 3d -
Robust U.S. Economy May Not Need Trump’s Big Reforms
The incoming President wants to uncork major moves, including protectionist tariffs, more tax cuts, and immigration curbs, but macroeconomic data suggests some measures may not be required.Inc. - 4d -
The U.S. Economy May Be Too Strong for Its Own Good
The Fed may have to hold interest rates high until something breaks.Inc. - 4d -
Syria flooded with Pepsi and Pringles as rulers open economy
End of Assad-era restrictions on dollars, exorbitant duties and extortion leads to boom in foreign goodsFinancial Times - 4d -
Trump Calls Officials Handling Los Angeles Wildfires ‘Incompetent’
Governor Gavin Newsom and Los Angeles County authorities have invited President-elect Donald J. Trump to tour the devastation, but he has not publicly responded.The New York Times - 5d -
Jamie Dimon on the economy, billionaires, and income inequality
The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...CBS News - 5d -
Jamie Dimon on the economy
As chairman and CEO of JPMorgan Chase, the largest bank in America, Jamie Dimon has said he's "cautiously pessimistic" about the economy. He explains to "60 Minutes" correspondent Lesley Stahl how ...CBS News - 5d -
Russia’s war economy is a house of cards
The financial underpinnings look increasingly fragileFinancial Times - 5d -
Is Donald Trump inheriting the best economy in history?
President-elect Trump will enter office with the lowest unemployment rate since Richard Nixon in 1969 — but red flags remain.MarketWatch - 6d -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - Jan. 10 -
Biden delivers remarks on the economy
Watch live coverage as President Biden delivers remarks on the economy from the White House. This comes as the U.S. economy added 256,000 jobs in December, according to a Bureau of Labor Statistics ...NBC News - Jan. 10 -
Hiring boost indicates Trump will inherit healthy economy
The data may help determine whether the Fed will cut interest rates this month.ABC News - Jan. 10 -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - Jan. 10 -
A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy
Bond yields have surged since the Fed began cutting interest rates.Inc. - Jan. 9 -
China bets on kitchen appliances to boost economy
A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.BBC News - Jan. 9 -
'Trump 2.0' looms large over the global economy
Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.BBC News - Jan. 9 -
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 -
Met to investigate handling of Al Fayed complaints
The force is currently reviewing 21 allegations made before the former Harrods boss died in 2023.BBC News - Jan. 8 -
Met to face inquiry over handling of Mohamed Al Fayed allegations
Internal inquiry, overseen by IOPC, will seek to establish if there were ‘any missed opportunities or failures’. The police watchdog is to examine new complaints from victims of Mohamed Al Fayed ...The Guardian - Jan. 8 -
Developed economies across the globe are abandoning progressive policies
In developed economies, progressive-liberal policy agendas such as open borders, the green energy transition and transgender youth are being rejected by voters, leading to political shifts towards ...The Hill - Jan. 7 -
How Washington, D.C., is handling security concerns amid major events
In the coming weeks, Washington, D.C., will host the 2024 election certification, former President Jimmy Carter's state funeral and President-elect Donald Trump's second inauguration. CBS News ...CBS News - Jan. 6 -
Archbishop of Canterbury resigns over failures in abuse scandal handling
Archbishop of Canterbury Justin Welby’s tenure in office ends Monday, after an investigation found that he failed to tell police about serial abuse by a volunteer at Christian summer camps as soon ...ABC News - Jan. 6 -
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How to handle a stock market downturn — without breaking down
Are you an optimist or a pessimist? Try this experiment.MarketWatch - Jan. 4 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2