President-elect Donald Trump has created a headache for the Federal Reserve before he's even stepped into office. Inflation, part of the Fed's dual mandate of maintaining price stability with maximum employment,
Donald Trump will enter office with big plans to make his 2017 tax cuts permanent, solve a generational migration crisis, beef up the U.S. military to face down a rising China and to remake world trade through tariffs and combative negotiation.
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.
With Trump set to implement at least 100 executive orders on Monday, here are the areas of the market that could see moves.
One of the most important lessons about Donald Trump’s 2924 election victory is that, in foresight, it was predictable long before election day.
Werfel applauded IRS employees for supporting two of the “best filing seasons in decades," after tapping into billions in Inflation Reduction Act funds.
On the campaign trail, Trump promised to bring down mortgage rates and make housing affordable again. His policies could do the opposite.
President Joe Biden looked back at his time in the Oval Office as a period of "hope, progress, and possibility," he said.
Donald Trump is talking more about Greenland, Canada and Panama, and less about inflation and other economic news under Joe Biden.
No matter what the new president says, the facts show that Joe Biden left America in better economic shape than he found it.