Inflation Concerns Loom as Trumponomics Revs Up

Investors are bracing for the latest data as the president-elect’s economic agenda of cutting immigration and taxes, while raising tariffs takes shape.

Topics

Biden’s Christmas present for Trump: Sticky inflation

President Biden's big-spending ways have ensured that the nation's initial progress in inflation reduction is flattening out, keeping inflation rates higher than Federal Reserve Bank officials prefer.
The Hill - 12h
Senate showdowns loom over Biden appointees

Pete Hegseth met with Senators who will vote on whether he should become defense secretary in the new Trump administration. Over the weekend, the president-elect chose Kash Patel to be FBI ...
NBC News - 1d
France’s Prime Minister Could Be Forced to Resign This Week. Here’s What Could Happen Next.

A vote by Parliament could force the prime minister to resign, leaving his budget legislation in limbo.
The New York Times - 15h
Trump adviser on Hegseth pick: ‘There aren't any concerns’

President-elect Trump senior adviser Jason Miller said that the team isn’t concerned with the pick for Defense secretary, Pete Hegseth, amid controversial reports about him emerging in recent days. ...
The Hill - 13h
Top Fed official warns progress on taming US inflation ‘may be stalling’

Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic data
Financial Times - 1d
Months of political instability loom as French government nears collapse

Prime Minister Michel Barnier's minority government's survival has always depended on the indulgence of its enemies.
BBC News - 1d
Is Hamilton's form a concern for Ferrari? And does Russell deserve more credit?

BBC F1 correspondent Andrew Benson answers your questions before the season-ending Abu Dhabi Grand Prix.
BBC News - 21h
Concerns raised over Trump's FBI nominee's agenda and qualifications

Critics say that Kash Patel does not have the experience of past FBI directors - and some fear he will politicize the agency.
BBC News - 1d
Parthenon Marbles loom large as Greek PM holds talks in London

Yahoo News - 13h
French government teeters on brink of collapse as no-confidence vote looms

Administration of Michel Barnier likely to fall after far-left and far-right opponents table motions. France is staring into the unknown as the minority government of the prime minister, Michel ...
The Guardian - 5h