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,
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 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.
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.
When it comes to the economy, the Republican president-elect won't express any gratitude toward the Democratic incumbent, but he probably should.
He has promised to tame price increases. But even a president can only do so much.
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.
U.S. investors are preparing for a swathe of changes in 2025, from tariffs and deregulation to tax policy, that will ripple through markets as President-elect Donald Trump returns to the White House, putting the focus on whether the U.S. economy can continue to outperform.
At stake is inflation, immigration, China relations, Russia-Ukraine war, Israeli-Palestinian crisis and climate change - Anadolu Ajansı
Shares have suffered heavy falls to end the trading week, and some economists say a trending change in markets could mean the rout is not over yet.
Despite making a promise of lowering prices on inflation a central part of his presidential campaign, and admitting that that promise was key to his being elected, Donald Trump is now waffling on whether that's even possible.
Since the late 1990s, drug companies have spent tens of billions of dollars on television ads, drumming up demand for their products with cheerful jingles and scenes of dancing patients. Now, some people up for top jobs in the incoming Trump administration are attacking such ads,