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US economy

Howard Lutnick: Trump’s commerce secretary pick survived 9/11 because of school run

He had been tipped to be Mr Trump’s treasury secretary, a more...

Britain faces economic isolation as Trumpism takes over from Bidenomics

At the same time Labour has had to water down its promise...

Elon Musk’s plan to slash waste will prove the Left humiliatingly wrong

True, it is a huge sum. Musk has offered very little in...

Trump will unleash a stock market boom – then an almighty bust

For Trump, the performance of the stock market is seen as validation...

Why Trump’s victory threatens to unravel Reeves’s Budget and sink Europe

Similarly, a rise in inflation of one percentage point or so –...

Pound slumps and stocks surge as Trump heads for the White House

The pound dropped at its sharpest pace against the dollar in nearly...

US jobs growth plunges days before election

US hiring slowed significantly last month, in what marked the weakest jobs...

How an Israel-Iran war will hit oil prices – and Harris’s White House bid

High oil prices will hit US consumers faster and much harder than...

Enjoy the torrid Fed rally, but the world is not out of the woods yet

Mike Wilson, Morgan Stanley’s equity chief, says part of the stock market...

Fed slashes rates just weeks before US election

The US Federal Reserve dramatically cut interest rates for the first time...

Trump: I’ll hire Elon Musk to make ‘drastic’ changes as US efficiency tsar

Mr Trump had reportedly been discussing the idea of an efficiency commission...

Fed chief: ‘Time has come’ for rate cuts

Jerome Powell has given the strongest indication yet that the Federal Reserve...

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