President Donald Trump on Friday said he’d prefer to keep National Economic Council Director Hassett in his position as top economic advisor, a statement that could change the dynamic in the race to see who will replace Jerome Powell as Federal Reserve chair. During an appearance in the White House, Trump said, “I see Kevin’s…
U.S. President Donald Trump gestures as he speaks during a “Great, Historic Investment in Rural Health Roundtable” in the East Room of the White House on Jan. 16, 2026 in Washington, DC. Chip Somodevilla | Getty Images President Donald Trump said Friday he may impose tariffs on countries “if they don’t go along with Greenland.”…
Restaurants and pubs on James Street in London, UK, on Friday, Dec. 13, 2024. Bloomberg | Bloomberg | Getty Images The U.K. economy grew by a more-than-expected 0.3% in November, data from the Office for National Statistics (ONS) showed Thursday. Economists polled by Reuters had expected a very modest growth figure of 0.1%. The ONS…
The U.S. State Department announced Wednesday it will pause issuing immigrant visas to citizens of 75 countries over concerns that they may rely on public assistance in the future. In a post on X, the U.S. government said immigrants from the list of countries “take welfare from the American people at unacceptable rates.” The list,…
(L/R) US Vice President JD Vance and Secretary of State Marco Rubio depart the Eisenhower Executive Office Building on the White House campus after a meeting with Danish Foreign Minister Lars Løkke Rasmussen and Greenland’s Foreign Minister Vivian Motzfeldt in Washington, DC, on Jan. 14, 2026. Brendan Smialowski | AFP | Getty Images Any U.S….
A demonstrator outside the US Supreme Court in Washington, DC, US, on Wednesday, Nov. 5, 2025. Eric Lee | Bloomberg | Getty Images The looming U.S. Supreme Court decision on the legality of many of President Donald Trump‘s tariffs has companies on edge as they eye potential refunds, but the ruling also could quickly influence…
A photograph shows a sign at the Congress Centre on the opening day of the World Economic Forum annual meeting in Davos, Switzerland, Jan. 16, 2023. Fabrice Coffrini | AFP | Getty Images Global power rivalries and strategic standoffs top the list of most severe near-term risks heading into 2026, according to the World Economic…
QINGDAO, CHINA – JANUARY 13, 2026 – The cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao City, Shandong Province, China on January 13, 2026. Cfoto | Future Publishing | Getty Images China’s exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high, even…
President Donald Trump speaks at the Detroit Economic Club in Detroit, Jan. 13, 2026. Evelyn Hockstein | Reuters As the Justice Department continues its investigation into the Federal Reserve, the next front in the central bank’s quest to maintain political independence shifts to the Supreme Court. On Jan. 21, the high court will hear arguments…
Core U.S. consumer prices rose less than predicted in December, reinforcing hopes that inflation is tempering as the Federal Reserve contemplates its next move on interest rates. Excluding volatile food and energy prices, the consumer price index showed a seasonally adjusted 0.2% gain on a monthly basis and 2.6% annually, the Bureau of Labor Statistics…
