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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
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
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
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
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
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
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 …
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
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
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
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
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
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
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
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
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
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%…
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
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
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…