Finance Archives - Isbark.com

Former Trump statistics chief slams Friday firing of Erika McEntarfer

Bill Beach said the president’s suggestions that the jobs report was rigged betrayed a misunderstanding in how those numbers are assembled.

Trump fires statistics chief after soft jobs report

The monthly jobs report showed just 73,000 jobs in July, with big reductions to May’s and June’s numbers

Trump is under water on some of his top issues — including immigration, poll shows

The president’s approval rating had been ticking upward since its biggest drop in April.

Trump’s contract-cutting blitz rattles a once-flourishing DC industry

The General Services Administration, which oversees government contracting, is leading a review of more than 20,000 consulting agreements for what is “non-essential.”

Trump’s chaotic economy is causing headaches for Democrats in New Jersey's governor race

The crowded contest in the Garden State shows how hard it is to address pocketbook issues.

‘Anything can happen’: Trump doesn't seem fazed by recession worries

Trump has blamed shaky economic numbers on his predecessor.

Warren Buffett shocks shareholders by announcing his intention to retire at the end of the year

Earlier, Buffett warned Saturday about the dire global consequences of President Donald Trump’s tariffs.

Democrats look to Trump's poor economic numbers with anxious optimism

Following its latest round of focus groups, Navigator Research is urging Democrats to proactively push their own economic policies.

Warning signs for Trump as pessimistic outlook on the economy grows among Americans

Trump’s winning issue is becoming one of his biggest liabilities as multiple polls this week reveal growing disapproval numbers on the economy.

Trump, defiant on tariffs, claims trade deals are in the works

The president is foreshadowing deals with multiple trading partners in an apparent effort to quell economic anxiety and prove his tariff plan is working.

US markets have spiraled. Americans had doubts about Trump’s tariffs before that.

Recent polls showed Americans were wary of tariffs, even before the president launched his plan to realign the global trade order.

Trump says tariff policies ‘WILL NEVER CHANGE’ amid plunging stocks, Chinese response

The president’s sweeping tariff plan has thrown markets into chaos and risks sparking a global trade war.

‘There are no guarantees’: Scott Bessent won't rule out a recession

He also said he isn’t worried about stock market turbulence, following the worst week in the market in two years.

Trump’s business acumen has long been his armor. It’s being put to the test.

The normally bullish Trump over the weekend declined to rule out the possibility of a full-blown recession as his tariff policies threaten to spark a massive global trade war.

Trump won't rule out a recession in 2025

“I hate to predict things like that,” Trump said when pressed about the possibility of a recession during a recorded interview that aired on “Sunday Morning Futures with Maria Bartiromo.”

7 things to watch for during Trump’s joint address to Congress

Look for a more emboldened president compared to the Trump of 2017.

‘He Finally Shot the Hostage’: Trump’s Trade War Is a Brutal Reality Check

Trump imposing new tariffs on top of broader policy uncertainty will mean a hit to growth. The question is how large of a hit it will ultimately be.

What Antitrust ‘Reformers’ Got Wrong

Lina Khan and her allies tried to remake antitrust law. Trump’s team is likely putting an end to that.

Beijing’s deflation dilemma: Falling prices signal bigger troubles ahead for China’s economy

Such challenges are the backdrop to the annual session of China’s parliament.

White House trade chief says Trump will 'structurally shift' the economy

Rep. Adrian Smith: US needs to be 'aggressive and effective' with tariffs

Trump's spending freeze spreads chaos across US

Supporters of climate, infrastructure, mortgage, tech, health, veterans’ and other projects expressed alarm as tens of thousands of programs appeared possibly at risk.

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.

Stephen Miran is Trump's pick to lead Council of Economic Advisers

Miran has called for a sweeping overhaul of the Fed to ensure greater political control over the central bank, including giving the president the power to fire board members at will.

Biden: Trump’s tax and tariffs plans are a ‘major mistake’

Five weeks after the election, the president took his sharpest swing at Trump’s policy plans.

Trump voters feel very differently about things now that he’s won, our new poll shows

A pair of POLITICO|Morning Consult polls, one conducted in the final days of the election and the other conducted after Trump won, show how public opinion has changed.

It’s still the economy: What TV ads tell us about each campaign’s closing message

The final paid messages: Economy, culture wars and character.

Harris is pounding Trump on fascism. Some Dems think that’s a mistake.

Harris has ratcheted up her warnings about the dangers of a second Trump term in recent weeks.

Why Harris Isn't Talking About Biden's Accomplishments

The Democratic nominee isn’t campaigning much on the Biden administration’s bigger, slower-moving policies.

Harris dismisses Trump as ‘not serious’ on the economy in MSNBC interview

It was her first solo interview with a national network as the Democratic presidential nominee.

What Janet Yellen Is Worried About

The Treasury secretary is defending her legacy — and warning that the stability of the U.S. economy is at stake.

Biden touts economic gains, acknowledges a long way to go

Interest rate cut “is not a declaration of victory, it’s a declaration of progress.”

Fed moves to protect weakening job market with bold rate cut

The move signals that the central bank is growing nervous about the declining labor market.

Joe Biden preps to sell the economy — to boost his legacy and help Harris

Biden is determined to convince a skeptical public that he strengthened the economy.

Vance’s media strategy takes a turn

He was Trump’s policy whisperer to key voting blocs. Now, he’s fueling rumors that Haitian immigrants in Ohio are eating cats and dogs.

The most intriguing ballot measures (that aren’t about abortion) voters will decide in November

Proposals focused on election policies, minimum wage increases and marijuana legalization will be voted on in multiple states.

Trump says he would name Elon Musk head of government efficiency commission

Trump's Wall Street pitch: Punishing tariffs, low taxes, `explosive' growth

Trump arrived in New York amid growing concerns among some investors about his economic plans as Harris casts his agenda as a financially calamitous wishlist.

Harris targets small business tax break in contrast with Trump’s corporate tax cuts

The vice president looks to beef up her economic plans ahead of next week’s debate.

How Republicans and Democrats paint starkly different pictures of America

This summer’s conventions featured strongly diverging visions of the future — and the present.

Vance warns of China’s influence during Michigan rally

Vance’s rally Tuesday was the first of a series of events in Rust Belt swing states that he and Trump are visiting this week.

Trump, Harris lay out tax plans with trillions of dollars on the line

With a huge swath of Trump’s 2017 tax cuts set to expire at the end of next year, the presidential candidates are putting down markers on the issue.

Harris goes after Trump on economy and inflation in new ad

The vice president is trying to shore up the affordability argument.

‘America is not a museum’: Why Democrats are going big on housing despite the risks

Vice President Kamala Harris is trying to flip the script and own an issue impacting large swaths of Americans.

Harris breaks from ‘Bidenomics’ in North Carolina

The vice president makes her pitch in North Carolina, where Democrats have long hoped to flip the closely divided state.

Harris' economic plan supercharges Biden proposals to fight inflation

The vice president’s plan aims to make housing more affordable, ease health care costs and crack down on corporations for rising grocery prices.

Trump hits Harris on the economy: 'She destroys everything she touches'

Everything was going Kamala Harris’ way. Then came the market sell-off.

“We cannot win if people think we’re headed into a recession,” one Democratic National Committee member said.

J.D. Vance at RNC: Trump is the working class' 'last, best hope'

US added 206,000 jobs in June in a sign of continued economic strength

Though hiring remains strong, voters blame President Joe Biden for persistent high prices.

Dems to Biden: You must out-populist Trump at the debate

The president has a compelling antimonopoly record. But he doesn’t always lean into it. And voters don’t really know of it. The debate could change that.

Biden’s economy: good metrics, bad vibes, few levers

Friday’s good jobs numbers may be a boost. But boosts haven’t yet materialized into political benefits.

Biden hoped for a big economic story to tell. Now, he's going small.

The president is getting more micro in his economic sales pitch as the landscape loses its luster.

US job market slows in April

Friday’s government report showed that last month’s hiring gain was down sharply from the blockbuster increase of 315,000 in March.

Trump Is Misleading You With Covid-Era Statistics. So Is Biden.

Biden and Trump are both campaigning on warped economic statistics, cherry-picking weird data from the Covid crisis.

US employers added a surprisingly robust 303,000 jobs in March in a sign of economic strength

By any measure, it amounted to a strong month of hiring.

‘The last mile is harder’: Stubborn inflation stalls Fed rate cuts

The concern is that higher rates are putting pressure on households and businesses looking to borrow, weighing on hiring, investment and the housing market.

US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength

Last month’s job growth was up from a revised gain of 229,000 jobs in January.

The toughest pain points awaiting Biden at the State of the Union

The president’s team thinks it’s had a historically successful first term, delivering victories on the economy, climate, drug pricing and more. But many Americans aren’t feeling it.

This Is The Economy Democrats Wanted. But Voters Only See Inflation.

Higher wages, higher growth, higher productivity. Win-win-win. There’s a chance we’re headed down that exact path, and yet, Americans don’t seem very enthused. Because they really hate inflation. For the coalition that has supported this agenda — Democrats to the left of Larry Summers, along with economists representing a range of ideologies — the economy…

Biden’s economy keeps messing up Trump’s message

It’s a clear upward turn for Biden following a grueling period of price spikes that soured voters’ mood and damaged the president’s approval ratings. Biden has consistently received low marks on his handling of the economy, with polls showing cost of living issues among Americans top concerns. But now, with the risk of a recession…

US employers added surprisingly robust 353,000 jobs in January in further sign of economic strength

This week, the Federal Reserve took note of the economy’s durability, with Chair Jerome Powell saying “the economy is performing well, the labor market remains strong.” The Fed made clear that while it’s nearing a long-awaited shift toward cutting interest rates, it’s in no hurry to do so. To fight inflation, the Fed raised its…

Biden’s new economic messaging strategy: attack Trump’s tax legacy

It’s an argument that recognizes the sales job Biden has tried to make about his economic needs to be more of a contrast. But aides also believe they have the fodder to make this messaging shift work. In particular, Biden officials have homed in on the GOP frontrunner’s passage of massive corporate tax cuts during…

White House seizes on positive economic message

Biden’s blue-collar pitch: Factories now, manufacturing jobs later

But 10 months out from the election, those new factory projects remain in their early stages — and have yet to generate an anticipated wave of manufacturing jobs. And after a pandemic-era rebound, industry hiring overall has turned stagnant: Manufacturers added just 12,000 jobs in 2023 amid an extended business slowdown. The lull has threatened…

US employers added a solid 199,000 jobs in November in sign of a still-sturdy labor market

Still, the job market is gradually decelerating along the lines that Fed officials have wanted to see. The Fed has raised its key short-term rate from near zero to about 5.4%, a 22-year peak, leading to higher borrowing rates for consumers and businesses and lower inflation. Despite that headwind, the economy and the job market…

Biden dodges on why Americans are still unhappy with the economy

UAW promises more pain for Big Three: ‘We’re not messing around’

The companies had become too accustomed to making offers at the last minute, he said. Fain previewed the new tactic on Wednesday when nearly 9,000 workers unexpectedly walked off the job at a key Ford plant in Kentucky. That move, combined with Fain’s even sharper rhetoric, underscores the risk that the economic effects of the…

Federal Reserve declines to raise interest rates

Their Prophecy of Enduring Democratic Rule Fell Apart. They Blame College Grads.

Once upon a time, Judis and Teixeira’s The Emerging Democratic Majority was hailed for having foreseen the rising minority and college-grad demographic combo that powered Barack Obama’s wins. But the political realignment that Democratic Beltway insiders simplistically took as a matter of faith never happened. And now the pair are back with a book grappling…

The alarming news progressive groups delivered to the White House

Just 35 percent of Americans trusted Democrats more on economic issues, according to weeks of private polling presented to the White House in mid-September and recently obtained by POLITICO. The data reinforced broad concerns over the public’s dismal outlook. Despite expressing widespread support for Biden’s policy agenda, few voters were aware he’d made much progress…

Americans are losing benefits. That could hurt Biden in 2024.

The collective impact: a cascading set of new financial burdens that are disproportionately affecting women, young people and people of color — a core part of the Democratic electorate. Coming on top of stubbornly high inflation, they risk further undermining the president’s pitch that he’s rebuilding the economy “from the middle up and the bottom…