Despite two impeachments, 10 Jan. 6 Capitol riot congressional live televised hearings, four criminal indictments, 91 felony charges, and even two assassination attempts, Trump will duplicate Grover Cleveland’s achievement and reclaim the American presidency four years after defeat.
Research from the Federal Reserve Bank of New York finds an ominous correlation between the performance of stocks and the implementation of tariffs during Trump's first term.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Eric Trump, executive vice president of the Trump Organization and son of President-elect Donald Trump, recently shared his views on tariffs, inflation and Federal Reserve policy. Speaking exclusively with Benzinga‘s Bibhu Pattnaik,
Biden pardoned people who were in prison for nonviolent crimes like marijuana possession or violating the military’s antiquated laws banning gay sex. A commutation allows the verdict to remain while lessening punishment, while a pardon completely nullifies a conviction.
He has promised to tame price increases. But even a president can only do so much.
President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally.
When it comes to the economy, the Republican president-elect won't express any gratitude toward the Democratic incumbent, but he probably should.
Inflation fell worldwide in 2024, but voters expressed discontent with rising prices from past years, leading to the defeat of incumbent parties. Donald Trump’s re-election in the U.S. exemplified global political shifts amid economic woes.
The Federal Reserve is starting to contend with how President-elect Donald Trump and his ambitious policies could influence inflation in 2025.
President-elect Donald Trump has vowed to repeal Joe Biden's signature climate bill called the Inflation Reduction Act, which initially aimed at some $400 billion in new spending and tax cuts and credits at accelerating America's transition to a green energy economy.
Fed chair Jerome Powell says inflation and interest rates will be higher next year than previously thought. If anyone should know where inflation’s headed, it’s the Federal Reserve. Yet this week’s meeting underscored the opposite: Policymakers are less certain than ever and they don’t exactly know how to prevent prices from roaring back.