Latest in Rises Trump Looms
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Inflation rises, Trump looms
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inflation ticks up Consumer prices rose 0.2 percent in October and 2.6 percent over ...Politics - The Hill - Yesterday -
As Election Nears, Kelly Warns Trump Would Rule Like a Dictator
John Kelly, the Trump White House’s longest-serving chief of staff, said that he believed that Donald Trump met the definition of a fascist.Top stories - The New York Times - October 23 -
Trump's climate policy looms over COP29
A major climate summit kicked off in Azerbaijan on Monday amid uncertainty over U.S. commitments to combatting global warming. President-elect Donald Trump has said he will exit the Paris Climate ...Top stories - CBS News - 3 days ago -
German stocks, bond yields rise after ruling coalition collapses
Investors hope a snap election might deliver a new government that could revive Europe’s biggest economy.Business - MarketWatch - November 7 -
‘Trump Trade’ of Large Tariffs and Deficits Looms as Market Braces for 2024 Election
As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals, yields on Treasury debt have risen.Business - The New York Times - October 25 -
China urges U.S. cooperation as Trump trade threat looms
China emphasized the need for greater cooperation with the U.S. a day after it became clear President-elect Donald Trump would be the next U.S. president.Business - CNBC - November 7 -
With Trump Tariffs Looming, Businesses Try to ‘Run From a Moving Target’
Companies are filling their warehouses or looking into moving factories as they weigh President-elect Donald J. Trump’s threats to impose tariffs on foreign goods.Business - The New York Times - 6 days ago -
Goldman Sachs cuts European growth and earnings forecasts as Trump tariffs loom
The Trump regime will hit European economic growth and reduce company earnings, though the continent’s defense sector may prosper.Business - MarketWatch - 6 days ago -
U.S. Businesses Work to Limit Costs of Looming Trump Tariffs
Companies are rushing to stock up reserves of goods and create new supply chains to avoid the worst of anticipated costs.Business - Inc. - 3 days ago -
COP29 Begins With Climate Finance, Absent Leaders, and Trump Looming Large
The annual UN climate summit has kicked off in Baku, Azerbaijan, with lofty goals, but many global leaders missing.Tech - Wired - 3 days ago -
Trump and Germany loom over uncertain COP29 finance talks
Also in this newsletter: Much ado about party politics at European commissioner hearingsWorld - Financial Times - 2 days ago -
Senate Republicans to elect new leader as Trump looms over contest
Whip John Thune of South Dakota, former Whip John Cornyn of Texas and Sen. Rick Scott of Florida are in the race for Senate Republican leader.Top stories - CBS News - Yesterday -
Mideast conflict looms over US presidential race as Harris, Trump jostle for an edge
The crisis in the Middle East is looming over the race for the White House as the campaign enters its final weeksTop stories - ABC News - October 22 -
Steve Madden to slash China sourcing by as much as 45% as Trump's tariff plan looms
Retailers and brands have already made a push to diversify sourcing because of tariff risks and supply chain disruptions.Business - CNBC - November 7 -
US central bank lowers interest rates by quarter point as new Trump term looms
Rates are now at 4.5% to 4.75%, after two reductions by the Federal Reserve starting in September. The US Federal Reserve lowered interest rates by a quarter point on Thursday, knocking them ...World - The Guardian - November 7 -
Young voters react to Harris loss to Trump as questions about party future loom
Democrats will have to analyze 2024 presidential race data to understand Vice President Kamala Harris' loss against former President Donald Trump. Meanwhile, young voters are reacting to the ...Top stories - CBS News - November 7 -
With Trump presidency looming, Biden plans to publish draft gas export study this year
The Biden administration plans to publish a draft study by the end of this year that could have implications for the future of new gas exports. The administration said earlier this year that it ...Politics - The Hill - November 7 -
UN nuclear head to visit Iran for nuke talks as next Trump presidency looms
The head of the United Nations’ nuclear watchdog says he will travel to Iran in the coming days to hold talks regarding the country’s nuclear programWorld - ABC News - 4 days ago -
Trump tariff threat looms large on several Asian countries — not just China — says Goldman Sachs
Donald Trump's recent victory is likely to see looming tariffs on China — but it may not be the only country subject to tariffs, according to Goldman Sachs.Business - CNBC - 3 days ago -
Biden's final months may offer conflict opportunities, even as Trump's return looms
President Joe Biden will see out his term knowing that President-elect Donald Trump -- a man he called a "genuine danger to American security" -- will succeed him.Top stories - ABC News - 3 days ago -
Trump tariffs loom over retail earnings as Home Depot points to ‘industry-wide impact’
Home Depot Inc.’s third-quarter results this week gave a glimpse into the looming issue of tariffs for major U.S. retailers.Business - MarketWatch - Yesterday -
Why Bond Yields Are Rising After Trump’s Victory
Yields on government bonds — which underpin all kinds of borrowing in the economy — are rising. But the Fed is cutting rates. What gives?Business - The New York Times - November 7 -
Trump resistance rises in states led by Democratic governors
Democratic governors are signaling their willingness to defy the new Trump administration, vowing to protect freedoms in their states and to wage legal and political battle if the president-elect ...Politics - The Hill - 5 days ago -
‘They don’t think he’s talking about them’: Trump support rises with Latinos
Activists in swing Michigan county are alarmed by Hispanic voters backing Trump despite his anti-immigrant rhetoric . Dan Soza has seen the harsh realities of Donald Trump’s immigration policies ...World - The Guardian - October 18 -
Karl Rove: Harris ‘flatlining’ in polls while Trump rises
Republican strategist Karl Rove said Vice President Harris is “flatlining” in the polls while her Republican competitor, former President Trump, is rising. “What we’ve seen is Harris sort of ...Politics - The Hill - October 21 -
DJT stock soars amid Donald Trump's rise in the betting markets
Trump Media's shares have soared with the former President Donald Trump's rise in the betting markets.Top stories - CBS News - October 29 -
Trump’s ‘DJT’ reports narrowing quarterly loss on Election Day. Stock jumps after hours following regular-session slump.
Investors in the parent of Trump’s Truth Social appeared to suddenly turn pessimistic toward the former president’s odds of winning at the polls as Election Day progressed.Business - MarketWatch - November 6 -
30-year bond yield closes with biggest jump since 2022 after Trump wins
U.S. government debt aggressively sold off on Wednesday, pushing the 30-year yield up by the most in two years, as traders factored in the likely trade and deficit policies of a second Trump ...Business - MarketWatch - November 6 -
Chuck Todd: This Democratic defeat — and the rise of Trump 2.0 — was a decade in the making
There’s something about an election that is both cleansing — especially for my pre-Election Day email inbox — and, most importantly, clarifying.Politics - NBC News - 6 days ago -
10-year Treasury yield ends at 4-month high as Trump trade gets revived
Yields on U.S. government debt finished at their highest levels since July on Tuesday as traders clung to expectations that President-elect Donald Trump’s policies will lift economic growth and ...Business - MarketWatch - 2 days ago -
Election Uncertainty Makes Some Employers Wary of Adding Jobs
Some employers say they have been wary to expand until the outcome of the presidential election is known.Business - The New York Times - November 1 -
Trump’s improving election odds have powered bitcoin to its highest level since July
Bitcoin was posting further gains on Wednesday, reaching as high as $68,390 — its loftiest level since July 29.Business - MarketWatch - October 16 -
Trump: A Second Chance? review – why his rise, and his return, make total sense
From Front Row Joes wanting control to the leader of the Proud Boys wanting to ‘make America hate again’, this documentary interviews Trump fans – and takes more time than most films to show why ...World - The Guardian - October 28 -
10-year Treasury yield posts huge leap to 4.43% on Trump win, possible GOP Congress sweep
The pop for bond yields comes as the Trump win carries expectations that more tax cuts and steep tariffs could widen the fiscal deficit and reignite inflation.Business - CNBC - November 6 -
Wall Street believes stocks will keep rising on Trump’s win — but this could threaten the rally
Many on Wall Street expected Tuesday’s election would be the final obstacle standing in the way of a stock-market melt-up heading into the end of the year. But rising Treasury yields are ...Business - MarketWatch - November 7