New White House Press Secretary Karoline Leavitt urged members of Congress to confirm Trump's nominees to address problems like the U.S. egg shortage and the cost of living crisis.
Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.
Survey finds tariffs, tax cuts and immigration policy could weigh on price outlook for next two years.
Despite the 2024 campaign rhetoric, Joe Biden is leaving Donald Trump a healthy economy that may be better off left alone.
Here are five economic forces that could shape the first year of Trump's presidency: Whipping inflation is easier said than done.
Trump is banking on voters giving him a pass and continuing to blame former President Joe Biden for high prices.
LONDON (Reuters) - Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.
Consumers and traders are waiting to learn if the Fed’s expected pause today is a one-meeting hold or the start of a longer stretch.
After officially taking office earlier this week, President Donald Trump ordered “emergency price relief” for Americans on housing costs and other living expenses.
That’s because President Donald Trump said on Tuesday that a new 10% across-the-board tariff on Chinese goods could be enacted as soon as February 1. Unlike Mexico and Canada, which largely avoid tariffs on exports to the United States because of the current USMCA trade agreement which Trump signed in his first term,
Traders should keep watch on US Retail Sales data on Thursday, as it could increase volatility to Bitcoin price.
The Michigan Consumer Sentiment survey declined in January as the responses revealed a stark divide over how Americans feel about President Donald Trump’s economic proposals.