The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.
President Donald Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to flesh out his plans for taxing Chinese imports.
Federal Reserve data shows the wealthiest 0.1% of the country combined holds more than five times the wealth of the bottom 50% combined. Biden isn’t leaving the White House in the way that he hoped.
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change.
President Donald Trump wasted no time announcing steps to implement many of his campaign pledges, including on immigration, energy, the military and federal workforce, casting many as reversing the policies of his predecessor, Joe Biden.
London's blue-chip FTSE 100 hit a record high on Monday for the second session in a row as investors awaited Donald Trump's return to the White House for fresh insights on his stance on tariffs and international relations.
US President-elect Donald Trump is taking office today with his incoming administration making significant promises for the crypto industry.
From the stock market impact to tariffs and inflation, what will Trump's second term mean for your money? The team at MoneyWeek is reporting live.
Wall Street's main indexes closed higher on Tuesday, with the S&P 500 and the Dow hitting their highest in more than a month, as investors assessed Donald Trump's first actions as U.S. president and breathed relief that he did not start his second term with blanket tariff increases.
I’m very worried about a recession once Donald Trump takes office. I am concerned about the investments I have for retirement. We had to use nearly all of our savings to pay for my late husband’s medical bills.
Trump’s administration is directing that all federal diversity, equity and inclusion staff be put on paid leave, and that agencies develop plans to lay them off, according to a memo from the Office of Personnel Management.