Lael Brainard’s ‘Crisis Management Agency’ — and Her Warning For Trump
Joe Biden's top economic adviser opens up on harrowing moments from her time in the White House, and what makes her nervous about the Trump agenda.
Stock-market rally depends on answer to this 'real question' about bond yields
History shows stocks can usually handle a gradual rise in yields just fine, according to analysts at Goldman Sachs. But the S&P 500 has tended to struggle if the 10-year yield moves more than two standard deviations, which would currently be equal to around 60 basis points, or 0.6 percentage points, in a month, they found (see chart below).
A final look at how the U.S. stock market performed under Joe Biden
U.S. stocks finished higher on Friday, the final trading day of Biden's term in office. All three major benchmarks posted weekly gains amid a retreat in Treasury yields. Investors were also looking ahead to next week, when Trump is set to be inaugurated as president of the United States for the second time.
Democrats Search for Policy Lessons as Trump Takes Office
A strong labor market isn’t enough to win elections. That reality could shape how the government responds to the next economic downturn.
The Inflation Genie Is Moving to the White House
Price and wage trends point to the Fed hitting its target this year, but whether it gets there now depends on Trump.
As Biden exits, how will he be remembered for his handling of the U.S. economy?
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.
Bitcoin Price Surges After Leak Reveals Imminent Trump Game-Changer—$100 Trillion Predicted
Donald Trump, the self-styled bitcoin and crypto president, will reportedly issue several crypto-related executive orders on his first day back in the White
Federal Reserve says it will leave climate change organization
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.
The U.S. dollar has never been stronger, by one measure. That could create problems for investors.
As President-elect Donald Trump prepares to return to the White House, the U.S. dollar has, by some measures, never been stronger.
Trump's tax cut plans face bond market headwinds, GOP lawmakers warn
President-elect Trump and Republican majorities in Congress are planning to pursue an ambitious tax cut plan, but some GOP lawmakers warn rising bond yields could dampen those efforts.
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Scott Bessent to testify Trump has 'generational opportunity' to spark 'economic golden age'
If confirmed as Treasury Secretary, Bessent would be tasked with steering federal fiscal policies set by Congress and the White House. He would also be the main go-between of the White House and Federal Reserve,
US stocks notch first weekly gain this year before Trump's inauguration, executive orders
Wall Street closed higher ahead of Trump's inauguration on Monday. Investors expect a flurry of executive orders, including on crypto and TikTok.