President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession.
President-elect Donald Trump will re-enter the White House next week against a more challenging economic backdrop than when he was sworn in for the first time in 2017 — starting with the threat of inflation.
The U.S. economy has successfully achieved a soft landing, with inflation returning to more normal levels while the labor market grows steadily, said Lael Brainard, the director of the White House National Economic Council,
Key Takeaways Stocks on Friday were on track to have their best week since early November as investors bid up equities after this week's reassuring inflation data and ahead of Donald Trump's inauguration next week.
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.
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
The Georgia Court of Appeals affirmed that charges dropped against President-elect Donald J. Trump in the Fulton County indictment against will remain out of play. Needless regulation on fire insurance, "speculators," and duplexes means fewer dollars are going to rebuild Los Angeles.
Economists believe that inflation expectations are a self-fulfilling ... In an environment like this, policymakers at the White House and the Federal Reserve need to do their part to calm ...
Price and wage trends point to the Fed hitting its target this year, but whether it gets there now depends on Trump.
Is America as respected throughout the world as it was? Do you feel that our security is as safe? That we’re as strong as we were four years ago? When the 2028 election rolls around, Donald Trump and his allies will no doubt claim that everything went swimmingly,
Investors have struggled to navigate the election, underlining the difficulty Wall Street so often has with politics.
President Biden and his team saw China as the one nation with the intent and capability to displace American primacy — and crafted policies to defend U.S. power.