Latest in Picks Economy
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China's ban on key high-tech materials could have broad impact on industries, economy
China has banned exports of key materials used for a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded ...ABC News - Dec. 6 -
The Big Question: is the US economy exceptional — or overhyped?
Three FT pieces this week explore the soaraway, world-beating success of American business. But can it last?Financial Times - Dec. 6 -
Trump picks former senator Perdue for ambassador to China
President-elect says candidate’s international business career will help build relations with BeijingFinancial Times - Dec. 6 -
Collapse of France’s Government Further Burdens Its Weak Economy
Already struggling with flat growth and a large debt and deficit, the country faces a new period of instability without a functioning government or a budget.The New York Times - Dec. 5 -
Jobless claims show extremely low layoffs amid sturdy U.S. economy
The number of Americans who applied for unemployment benefits during Thanksgiving rose to a six-week high, but jobless claims stayed at extremely low levels in a clean bill of health for the U.S. ...MarketWatch - Dec. 5 -
World economy has exited the ‘boom and bust’ cycle, BlackRock says
‘Mega forces’ including artificial intelligence technologies are reshaping the global economy in a way that has seen it leave behind traditional boom and bust cycles, BlackRock saidMarketWatch - Dec. 5 -
Italy’s slowing economy raises pressure on Meloni
Statistics agency halves GDP growth for 2024 as parliament adopts first part of next year’s budgetFinancial Times - Dec. 5 -
A Manhunt in Manhattan, and Another Trump Pick in Trouble
Plus, the A.I. that aces weather forecasts.The New York Times - Dec. 5 -
Afghan economy shows modest signs of growth but recovery remains fragile, says World Bank
The World Bank says Afghanistan’s economy is showing modest signs of growth after two years of severe contractionABC News - Dec. 5 -
Trump Picks Paul Atkins to Run the S.E.C.
Mr. Atkins, a pro-business conservative, would likely take a lighter regulatory approach than the current chair of the Securities and Exchange Commission.The New York Times - Dec. 5 -
Far from a bazooka, China's stimulus measures are just trickling through the economy
China's latest efforts to kickstart growth will take time to play out, data and company earnings show.CNBC - Dec. 4 -
Trump's SEC pick
Presented by LGBT Tech — {beacon} Technology Technology PRESENTED BY The Big Story Trump gives more good news for crypto industry President-elect Trump nominated former Securities and Exchange ...The Hill - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
Trump picks economist Faulkender for No. 2 position at Treasury
President-elect Trump announced economist Michael Faulkender as his pick for deputy secretary of the Treasury on Wednesday, the second-highest ranking position at the department. If confirmed, ...The Hill - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
Trump picks Peter Navarro as top trade advisor
President-elect Donald Trump announced that Peter Navarro will serve as "Senior Counselor for Trade and Manufacturing" in his next White House term.CNBC - Dec. 4 -
Trump picks billionaire Jared Isaacman to lead NASA
Donald Trump has picked billionaire Jared Isaacman to lead NASA. Isaacman has flown to space twice on commercial SpaceX missions but has not worked in government.NBC News - Dec. 4 -
Will Trump replace Hegseth pick with DeSantis for secretary of defense?
President-elect Donald Trump's pick for secretary of defense, news host Pete Hegseth, continues to face mounting backlash over allegations of impropriety in his past. CBS News campaign reporters ...CBS News - Dec. 4 -
Trump picks Daniel Driscoll as secretary of Army
President-elect Trump has tapped businessman and Army veteran Daniel Driscoll to be his secretary of the Army. “As a former Soldier, Investor, and Political Advisor, Dan brings a powerful ...The Hill - 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 -
How Bangladesh’s Economy Was Siphoned Dry
Bangladesh’s currency was battered by what the new head of the central bank says was the looting of the banks under the deposed prime minister.The New York Times - Dec. 4 -
Trump's pick to lead the DEA withdraws from consideration
Chad Chronister, President-elect Donald Trump's selection to lead the Drug Enforcement Administration, said Tuesday that he would withdraw from consideration.NBC News - Dec. 4 -
Chad Chronister Withdraws as Trump’s Pick to Lead DEA
The announcement by Chad Chronister, a Florida sheriff with virtually no experience in the kinds of complex international investigations the agency handles, comes just three days after his selection.The New York Times - Dec. 4 -
Trump picks No. 2 at Pentagon
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Trump selects deputy defense secretary after long wait Here's what ...The Hill - Dec. 3 -
Tuberville praises defense secretary pick Pete Hegseth amid misconduct allegations
Following his meeting Monday with Secretary of Defense nominee Pete Hegseth, Sen. Tommy Tuberville told reporters Hegseth would be "great" for the position.ABC News - Dec. 3 -
Trump adviser on Hegseth pick: ‘There aren't any concerns’
President-elect Trump senior adviser Jason Miller said that the team isn’t concerned with the pick for Defense secretary, Pete Hegseth, amid controversial reports about him emerging in recent days. ...The Hill - Dec. 3 -
Trump’s controversial cabinet picks prep for confirmation hearings
President-elect Trump’s controversial cabinet nominees are making the rounds on Capitol Hill to meet with lawmakers as their confirmations near. Meanwhile, Trump has announced that his first trip ...NBC News - Dec. 3 -
Pakistan's Reliance on Chinese-Built Power Plants Is Strangling Its Economy
Pakistan turned to Beijing to solve a crippling energy shortage. Now, the country is crushed by debt and sky-high energy prices—and its economy is spiraling.The Wall Street Journal - Dec. 3 -
Trump reportedly jokes Canada could be 51st U.S. state if tariffs wreck economy
Trump outlined his plans to place 25% tariffs on all Canadian goods imported into the U.S., in a meeting with Trudeau at Mar-a-LagoMarketWatch - Dec. 3 -
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Why America’s economy is soaring ahead of its rivals
The country’s outperformance is rooted in long-term productivity growth that is the envy of the developed world. Could Trump’s policies endanger its lead?Financial Times - Dec. 3 -
An extraordinary global economy will require extraordinary agility
Policymakers need to adjust their approaches including through pre-emptive negotiations with the incoming US administrationFinancial Times - Dec. 3 -
Who is Kash Patel, Trump's pick to lead the FBI?
Kash Patel, one of President-elect Donald Trump's most loyal supporters, is his pick to lead the FBI. If confirmed by the Senate, Patel has vowed to overhaul the agency. Chris Piehota, retired FBI ...CBS News - Dec. 2 -
Trump's surprising Labor pick
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump Labor pick stirs business concerns Rep. Lori Chavez-DeRemer (R-Ore.), ...The Hill - Dec. 2 -
Oxford picks "brain rot" as its word of the year
Oxford University Press said the phrase "brain rot" gained "new prominence in 2024," with its frequency of use increasing 230% from the year before.CBS News - Dec. 2 -
Why Trump's FBI director pick Kash Patel is raising alarms
President-elect Donald Trump's intention to make Kash Patel his FBI director is drawing harsh critiques from some politicians who don't think he is the right person for the job. CBS News' Nancy ...CBS News - Dec. 2 -
Dr. Dave Weldon, Trump’s CDC Pick, Wasn’t on Anyone’s Radar
But over the years, the former congressman’s views have often aligned with those of his potential boss, Robert F. Kennedy Jr. — particularly on vaccine safety.The New York Times - Dec. 2 -
How Chairish Made the Circular Economy Work for Secondhand Furniture
The home furnishings marketplace has nailed the formula for scalability in a tricky category.Inc. - Dec. 2 -
Lawmakers warn against Trump's Kash Patel pick for FBI director
Democrats in Congress are decrying President-elect Donald Trump's pick for FBI director. Trump announced he wants Kash Patel to take over the job but current FBI director Christopher Wray is still ...CBS News - Dec. 2
