Speaking at a gathering of McDonald’s franchise owners and operators, the president boasted that he had “normalized” inflation.
Category: United States Economy
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High Beef Prices? Trump Official Blames Biden and Migrants.
Treasury Secretary Scott Bessent said migrants were bringing sick cows across the border, snarling beef supply chains.
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Trump Administration Lifts Some Food Tariffs in Effort to Ease Prices
It is walking back levies on imports including beef and coffee in what critics say is an admission that tariffs raised prices in the first place.
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Stock Market Rally Is Dented as Signs of Worry Emerge
A recent dip in trading shows how investors are balancing a “fear of missing out at the same time as real fear.”
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Trump Turns to Affordability Message Amid Economic Frustration
The Trump administration is facing backlash from American consumers as higher costs from tariffs blunt wage gains.
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Trump Officials Prepare Tariff Exemptions, Seeking to Lower Food Prices
If the proposal goes into effect, it would be the latest rollback of one of President Trump’s key economic policies over concerns about affordability.
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Canadian Travel to the United States Falls for 10th Consecutive Month
The drop has been reflected in air and car travel, according to Canadian statistics. Tensions over tariffs placed by the Trump administration spurred calls for Canadians to spend their money at home.
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Atlanta Fed President to Step Down in February
The departure of Raphael W. Bostic, who has served in the role since 2017, would create a new vacancy at the central bank.
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Trump Tries to Seize ‘Affordability’ as Americans’ Economic Worries Grow
The issue has buoyed Democrats and is resonating with an American electorate that is souring on the president’s economic agenda.
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The Astonishing Bull Market Will End One Day. Are You Ready?
Big stock gains have always been followed by big losses. Here are tips on how to prepare.
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The Job Market Is Cooling but Not Collapsing, According to Private Data
The federal government shutdown canceled a second straight jobs report, but private data sources suggest the labor market has weakened modestly since summer.