Category: Presidential Election of 2024

Inflation concerns loom as Trumponomics revs up

Investors are bracing for the latest data as the president-elect’s economic agenda of cutting immigration and taxes, while raising tariffs takes shape.
RFK Jr.’s Ideas on Big Pharma and Food Align With Some of Trump’s Biggest Critics

When it comes to weeding out corporate influence, Robert F. Kennedy Jr.’s ideas often align best with some of Trump’s loudest critics.
Trump Selects Jamieson Greer as Trade Representative

The lawyer Jamieson Greer is set to be the top U.S. trade negotiator, a crucial position given the president-elect’s threats to impose tariffs on imports from other countries.
Scott Bessent Helped ‘Break’ the Bank of England. Now He’ll Run the U.S. Treasury.

Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad understanding of financial markets.
Trump’s Tariffs Would Deal a Big Blow to the Auto Industry

Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.
Trump’s Tariff Threat Roils Global Markets

The dollar gained and investors sold off stocks after the president-elect promised to levy new restrictions on the United States’ biggest trade partners.
Margrethe Vestager, the World’s Top Tech Cop, Is Making Her Exit

Margrethe Vestager, the European Union’s antitrust regulator, who put technology’s harms on the global agenda, reflected on a decade of taking on the biggest companies and what comes next.
Trump’s Middle East Envoy Has Prior Ties to Oil-Rich Nations There

Steve Witkoff’s involvement with two sovereign wealth funds as he bought and then sold Manhattan’s Park Lane Hotel demonstrates the conflicts his new role will present.
Can Wall Street Billionaires Deliver on Trump’s Blue-Collar Promise?

The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will follow through on promises to help the working class.
The Markets Cheer Trump’s Treasury Pick, Scott Bessent

Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic agenda.
How Trump Could Upend Electric Car Sales

Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.
Stock for Sale by Cabinet Members

Trump’s picks for Treasury secretary and commerce secretary both lead Wall Street firms. Here’s what that could mean for their finances and businesses.