Tag: Donald Trump

March 8, 2022

During a campaign stop on Nov. 2, 2020, then-President Donald Trump touted the low gasoline prices of the time and warned that if Joe Biden became president, Americans would end up paying $7, $8, even $9 a gallon. Trump also […]

December 30, 2021

When running against Donald Trump for president, Joe Biden often made the now-ironic charge that any president who has allowed so many deaths from COVID-19 should never be in the White House. Today, there are more deaths from COVID under […]

January 7, 2021

According to Reuters, Trump issued the executive order just 15 days before his successor, Joe Biden, is set to be inaugurated. It bans transactions in the US via major Chinese Big Tech wallet providers including Ant Group and Tencent. President-elect […]

December 23, 2020

“Congress found plenty of money for foreign countries, lobbyists and special interests while sending the bare minimum to the American people who need it,” President Trump said in a video message posted to Twitter on Tuesday. He slammed the 5,593-page, […]

November 20, 2020

White House trade adviser Peter Navarro said Friday that the top states with the highest unemployment are run by Democratic governors while those with the lowest unemployment are run by Republicans. Speaking to reporters outside the White House, Navarro noted […]

October 29, 2020

Real gross domestic product (GDP) increased at a record annual rate of 33.1 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities put on hold by the pandemic, the Bureau of Economic Analysis […]

October 27, 2020

Why is the stock market so high? I get asked this riddle every day. The standard answers we hear these days are that the market is anticipating another $2 trillion Donald Trump-Nancy Pelosi stimulus bill (either before or right after […]

October 1, 2020

Dow futures fell early Friday after President Donald Trump and first lady Melania Trump tested positive for coronavirus. Futures tied to the Dow Jones Industrial Average indicated an opening loss of more than 250 points, recovering a bit after earlier […]

September 22, 2020

The ban is a response to an executive order from President Donald Trump. The Department of Commerce announced last week it would prohibit transactions on mobile apps WeChat and TikTok. The order was to come into force on 20 September. […]

May 13, 2020

Even as it has pulled out all the policy stops during the coronavirus crisis, Federal Reserve Chairman Jerome Powell said one area it won’t be going is negative interest rates. “I know there are fans of the policy, but for […]

March 27, 2020

In a quick voice vote on Friday, the House of Representatives approved a $2 trillion coronavirus stimulus package to help the U.S. economy cope with the pandemic, with the passage coming after a Republican congressman’s effort to slow down the […]

March 11, 2020

The leaders of the biggest U.S. banks are scheduled to meet with President Donald Trump on Wednesday afternoon as the U.S. government grapples with the spread of the coronavirus. CEOs expected to attend the 3 p.m. ET event include Brian […]

August 26, 2019

The U.S. 10-year Treasury yield hit a multiyear low in overnight trading on Monday, but later returned to near break-even levels, after President Donald Trump’s shifting tone on the U.S.’s recent broadside of tariffs against China whipsawed equity and bond […]

July 9, 2019

US President Donald Trump’s trade war with China could result in a “Bible tax” and a shortage of Bibles, the US’ biggest Christian publisher and Bible charities are warning, according to report from The Associated Press. They say that most […]

July 1, 2019

Tensions between the U.S. and China are not escalating but there is still “no clear path” towards a deal between the world’s two largest economies, according to Morgan Stanley. Developments at the G-20 Summit in Osaka, Japan over the weekend […]

June 17, 2019

President Donald Trump’s attempt to transform American health insurance is almost complete. Twenty months ago, frustrated after attempts to repeal Obamacare fell apart in the Republican-controlled Senate, Trump pledged to use executive power to do what Congress failed to legislate. […]

May 10, 2019

President Donald Trump on Friday more than doubled the tariff rate on roughly $200 billion worth of Chinese imports, a move that sets the stage for retaliation from Beijing and that significantly raises the stakes in a yearlong trade war […]

April 25, 2019

All of a sudden, President Donald Trump’s economy is looking more like a miracle than a mirage. A U.S. government report Friday is expected to show that gross domestic product, or GDP — the most basic gauge of economic output […]

April 22, 2019

Stronger economic data recently signals a continuation of the 3% GDP growth rate, Kevin Hassett, an economic advisor to President Donald Trump, said Monday on CNBC. “The first quarter is usually a little bit low. I think there’s almost more […]

April 12, 2019

President Donald Trump’s new tax law aided corporations so radically that twice as many companies paid no federal taxes whatsoever in 2018, despite billions of dollars in profit, according to a new study. Amazon, Netflix, Chevron, Eli Lilly, Delta Airlines, […]