Gallup's first poll since the Republican sweep of the 2024 election found Americans are more confident about the economy.
Nouriel Roubini — also known as "Dr. Doom" for his bombastic and frequently bearish takes on the economy — said he believes some of Trump's policies could raise prices and slow growth in the US. That could involve inflation rising as high as 5% in the coming years,
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth.
The data show tariffs never fully delivered on Trump’s promised factory jobs. Nor did they provoke the avalanche of inflation that critics feared.
From enacting tariffs on foreign goods to slashing taxes for individuals and businesses, Trump’s economic populism is about to be put to the test.
The economy sped up in November and kept the U.S. on track for another strong quarter of growth, fueled by optimism about falling interest rates and the prospect of a pro-business Trump administration,
In a more extreme scenario, in which the Trump administration deported 8.3 million undocumented immigrants, the economic outlook would be even worse. Compared to the baseline forecast, GDP would plummet by 7.4 percent by 2028, while employment would drop by 6.7 percent.
Americans’ confidence in the economy improved after Republicans won big in the 2024 election earlier this month, a new survey found. The Gallup poll, released Tuesday, shows that Americans rank their confidence in the economy as -17,
The latest Yahoo News/YouGov results illustrate the powerful effect that partisanship can have on people’s perception of reality.
There’s a pretty simple way to explain most of what happened in the 2024 presidential election.
In carrying out campaign promises on trade and the border, Trump risks worsening the inflation dilemma that catapulted him to power.
Newly released consumer data showed that Americans are feeling better about the economy. Data published by the non-profit "The Conference Board" showed that the consumer confidence index continues to rise.