Costs have soared again amid a bird flu outbreak, bringing renewed attention to the fact that while inflation is cooling, prices are still elevated.
Category: United States Economy
The Economy Is Finally Stable. Will That Change With Trump?
President-elect Donald J. Trump’s proposals on tariffs, immigration, taxes and deregulation may have far-reaching and contradictory effects, adding uncertainty to forecasts.
Jerome Powell and the Fed Head for Another Collision with Trump
Rates may not come down as much or as quickly as had been expected, just as Trump — a self-declared “low-rate guy” — returns to the White House.
Scott Bessent, Trump’s Treasury Pick, Is Poised to Test ‘Three Arrows’ Economic Strategy
Scott Bessent’s “3-3-3” plan to stimulate growth, reduce the deficit and expand oil production will soon face economic realities.
Holiday Shopping Season Separates Winning Retailers From Losers
Consumers are seeking deals and being choosier about their spending in the crucial final weeks of the year, executives say.
Scott Bessent Helped ‘Break’ the Bank of England. Now He’ll Run the U.S. Treasury.
Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad understanding of financial markets.
How Trump Could Upend Electric Car Sales
Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.
Trump’s Trade Agenda Could Benefit Friends and Punish Rivals
Donald Trump has a record of pardoning favored companies from tariffs. Companies are once again lining up to try to influence him.
Why the Dollar Keeps Getting Stronger
President-elect Donald J. Trump often says he prefers a weaker dollar, but economists and investors think his proposed policies will have the opposite effect.
How Trump’s Immigration Plans Could Affect the Economy
Expelling noncitizens on a mass scale is likely to raise prices on goods and services and lower employment rates for U.S. workers, many economists say.