The conclusion markets seem to be drawing is that things will work out just fine. Although they are alive to risks of inflation and cronyism, investors are betting that tariffs and deportations will do little damage. Instead, the tax cuts will produce a sugar rush that boosts corporate profits and deregulation will bring about lasting growth.
"I rarely see commentators address many of the things Democrats have done to try to improve the lives of the working class," writes one reader. Another: "Democrats have failed to offer a bold moral framework for economic justice.
Inflation was easing. Stock market was hot. Gas was below $3 in NJ. But prices, housing were still up, and Democats didn't market economic wins well
Blade might be off the theatrical calendar, but Marvel Studios Chief Creative Officer Kevin Feige has exclaimed that the studio is “committed” to the project. The reboot of the Wesley Snipes franchise was announced at Comic-Con 2019 with Oscar winner Mahershala Ali in the title role. However, there was a rotation of directors in Bassam …
CBS’ Scott Pelley spoke to a long-time Pennsylvania Democratic voter on “60 Minutes" Sunday about why she decided to vote for President-elect Donald Trump.
President-elect Trump is proposed a universal tariff of 10 to 20% and an additional tariff of up to 100% for imports from China, forcing American companies to pay for more goods. WBZ-TV's Laura Haefeli reports.
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his press conference following the rate cut decision last week, and his comments were telling. In fact, they were a serious warning on the future of the U.S. economy. Here's what he had to say:
The editorial “The return of Donald Trump” (Nov. 7) paints a dark picture of America and our democratic process. It starts out saying Tuesday was not a good day for democracy or even the world. The Merriam-Webster dictionary defines democracy as “government by the people; rule of the majority.” That is exactly what happened on Nov. 5.
Donald Trump's victory may be a political boon for Hungarian leader Viktor Orban but on the economy, Trump is bad news for Hungary - adding to inflationary risks due to a weak forint and lower output due to possible tariffs on Europe's auto sector.
While the survey’s data shows Republicans are feeling better about the economy than they have since Trump left office in 2021, Democrats are having the opposite reaction. Consumer sentiment among liberals has dropped 13% to its lowest point since 2023.
In a bid to help the party avoid another “adverse” response from voters, Jeffries pointed to the cost of living being unaddressed by his party.
President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was behind the shift this election.