Powell, Fed Chair, Will Likely Face Heavy Pressure From Trump
Posted inAppointments and Executive Changes Federal Reserve System Inflation (Economics) Interest Rates internal-storyline-no Politics and Government Powell, Jerome H Presidential Election of 2024 Trump, Donald J United States Economy

Powell, Fed Chair, Will Likely Face Heavy Pressure From Trump

The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is likely, market watchers say.
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
Posted inBanking and Financial Institutions China Economic Conditions and Trends Government Bonds Local Government National People's Congress (China) People's Bank of China Politics and Government Real Estate and Housing (Residential) Trump, Donald J

China Reveals $1.4 Trillion Plan to Bail Out Local Governments

The massive support package came after a series of smaller measures in recent weeks were announced to jump-start growth in China’s sluggish economy.
Companies Brace for the Return of Trump’s Old Trade Gripes
Posted inCaterpillar Inc Customs (Tariff) Harley-Davidson Inc Huawei Technologies Co Ltd Hynix Semiconductor India International Trade and World Market Japan KOMATSU LTD Politics and Government Presidential Election of 2024 Protectionism (Trade) SK Group South Korea Taiwan Semiconductor Manufacturing Company Ltd

Companies Brace for the Return of Trump’s Old Trade Gripes

The president-elect is again calling out companies by name in his campaign against what he sees as other countries’ unfair practices.