United States Economy – Page 88

Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds

A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.

By Andrew Duehren

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Ken Griffin, Top Republican Donor, Says He Voted for Trump

Mr. Griffin, who had previously derided Donald J. Trump as a “three-time loser,” said he voted for the president-elect.

By Maureen Farrell and Danielle Kaye

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Black Friday and Cyber Monday Shopping Exceeds Industry Estimates

An estimated 197 million people shopped from Black Friday to Cyber Monday, the National Retail Federation said, fewer than last year but surpassing the group’s expectations.

By Danielle Kaye

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World Bank Warns of Record Debt Costs for Developing Countries

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.

By Alan Rappeport