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Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty
Dec 20, 2024, 2:09 PM
The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty. The Federal Reserve now sees inflation as staying stubbornly elevated as it has become cautious about further interest rate cuts planned for next year. On Wednesday, Trump blew up a bipartisan budget deal, which means the government could shut down after midnight Saturday.
Powell’s Battle-Ready Fed Gives the Trump Trade a Stress Test
Dec 20, 2024, 4:32 PM
(Bloomberg) -- A month ago, all anyone in markets could talk about was Donald Trump and how his blueprint for the US economy would sow growth, next year and beyond.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalHeading into the Christmas br
Troy Masters, Pioneering L.G.B.T.Q. Journalist, Dies at 63
Dec 20, 2024, 6:27 PM
He was at the helm of several influential publications, notably Gay City News in New York City and, since 2017, The Los Angeles Blade.
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