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3 mins read

Trump's policies could usher in stagflation and send stock prices plummeting, 'Dr. Doom' economist says

Some of Trump's policies could lead to stagflation, which involves soaring inflation, high interest…

Jennifer Sor   


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2 mins read

China can't boost its economy because its macro policy is 'too slow and reluctant,' Goldman Sachs says

Weak retail sales and potential labor market pressures show China's policy pushes haven't acted qui…

Kelly Cloonan   


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3 mins read

Musk's DOGE wants to 'delete' entire government agencies. Here's where the most people are employed and what they make.

Elon Musk and Vivek Ramaswamy have floated trimming headcount at government agencies. BI looked at …

Ayelet Sheffey,Madison Hoff   


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2 mins read

Trump's China tariffs would cut into US defense production, Beijing advisor says

A Chinese researcher warned that tariffs on China could cost the US defense industry needed supplie…

Filip De Mott   


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2 mins read

Why one veteran economist is doubling down on his 2025 recession call after Trump's victory

The economy is flashing a rare recession warning only seen four times in the last century, accordin…

Jennifer Sor   


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3 mins read

Russia is dropping millions on pay for up to 100,000 North Korean soldiers. They're unlikely to see much of it.

Russia is paying $2,000 a month for each North Korean soldier, per reports. But the soldiers, who c…

Mia Jankowicz   


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1 min read

Insurance policies need clearer language to help customers and cut down on complaints: IRDA panel

For many customers, insurance policies can be hard to decipher, with technical language, confusing …

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1 min read

Mike Johnson says Congress needs to figure out the math behind Trump's tax cuts on tips

The President-elect said in September that ditching taxes on overtime pay would give "people more o…

Huileng Tan   


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4 mins read

4 signs of re-inflation investors should watch out for, Charles Schwab says

The Fed could cut interest rates "slower and shallower" in 2025, according to Charles Schwab strate…

Jennifer Sor   


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4 mins read

Trump's trade restrictions could be good for American semiconductor jobs

Donald Trump's campaign promise of tariffs could create semiconductor jobs in the US but lead to h…

Jacob Zinkula   


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5 mins read

4 ways Trump's housing plans are expected to hurt homebuyers and 3 ways they could help

Trump has pledged to lower housing costs, but industry leaders and economists are worried some of h…

Eliza Relman   


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3 mins read

How Europe can avoid a trade war in a 2nd Trump term

The EU will need to respond if Trump implements his proposals for sweeping tariffs, but it has to b…

Kelly Cloonan   


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4 mins read

Trump's plans to change healthcare could slash insurance for some low-income Americans and retirees

Trump said during his campaign that he'd make changes to the Affordable Care Act. His plans could r…

Allie Kelly   


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5 mins read

Meet the Americans stocking up on cars, skincare, and toilet paper ahead of Trump's potential trade restrictions

Americans are worried about prices going up even more with tariffs, so some are stockpiling or maki…

Juliana Kaplan,Ayelet Sheffey   


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3 mins read

3 reasons why Russia's economy can survive without crisis for up to 5 more years, think-tank economists say

Expectations that Russia's economy will struggle are misplaced, and multiple factors should keep th…

Filip De Mott   


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2 mins read

2 maps show how Americans rely on income like Social Security more than they used to

An aging population and high healthcare costs mean that more Americans are leaning on government as…

Allie Kelly,Madison Hoff   


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2 mins read

US Fed cuts interest rates by 25 bps, Powell notes Trump's victory to have no impact on policy decisions

The US Federal Reserve cut interest rates for the second time this year, lowering them to 4.5-4.75%…

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6 mins read

From clothes to computers, 6 things expected to get more expensive if Trump's trade plans are enacted

Crocs and American Eagle are two of the brands Bank of America predicted to see price hikes if Trum…

Ayelet Sheffey   


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2 mins read

Investors are underestimating how deep rate cuts will be in 2025, Goldman says

Goldman thinks the Fed will cut rates more aggressively than expected through the end of 2025.

Filip De Mott   


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5 mins read

Some of Trump's key cabinet picks provide clues to how his administration will approach the business world

President-elect Donald Trump's picks for US attorney general and secretary of state illustrate a po…

Dan DeFrancesco