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The healthcare industry faces a mixed outlook under Trump's second term, with uncertainty surrounding policy changes and headwinds like China, tariffs, and drug pricing.
Published on: January 18, 2025, 06:00 PM UTC
President Biden leaves successor Trump a strong economy but challenges remain: inflation, interest rates, national debt and structural issues limiting growth.
Published on: January 18, 2025, 05:00 PM UTC
President-elect Donald Trump's proposed policies could complicate the Federal Reserve's efforts to bring down inflation, which has been approaching the Fed's 2% target. The Fed's latest economic forecasts project core inflation hitting 2.5% next year, higher than its previous projection, before cooling to 2.2% in 2026 and 2% in 2027.
Published on: January 18, 2025, 05:00 PM UTC
Oil prices and gasoline are set to fall in 2025, providing a potential economic win for President Trump. Analysts predict a drop in Brent crude to $76 per barrel and gasoline to $3.20 per gallon.
Published on: January 18, 2025, 04:00 PM UTC
Trump's presidency may impact the US auto sector, affecting major automakers like GM and Ford. EV growth plans may be curtailed, and potential tariffs on imports from key trading partners could pressure automakers.
Published on: January 18, 2025, 04:00 PM UTC
President-elect Donald Trump faces a housing market vastly different from his first term. Affordability, determined by home prices and mortgage rates, has declined, dampening consumer sentiment toward the economy. The housing market has cooled, as homeowners stay put to avoid losing low mortgage rates. The incoming Trump administration promises to reduce mortgage rates and home prices, but economists and housing experts doubt the effectiveness of their proposed policies.
Published on: January 18, 2025, 03:00 PM UTC
Oil prices are set to fall in 2025, providing a potential early economic win for President-elect Donald Trump. US production is near peak levels, OPEC+ has spare capacity, and slowing demand growth from China is expected to keep a lid on prices. Bank of America analysts predict Brent will fall to $73 per barrel in 2025, while JPMorgan analysts see it tumbling to $65 per barrel. Gasoline prices are also expected to trend lower, with the Energy Information Administration forecasting that drivers will pay an average of $3.20 per gallon in 2025.
Published on: January 18, 2025, 03:00 PM UTC
President-elect Donald Trump inherits a housing market vastly different from his first term, with affordability worsening due to rising home prices and mortgage rates, leading to a decline in buying and selling activity. Trump's proposed solutions of mass deportations and deregulation face criticism from experts, who highlight potential negative impacts on housing supply and affordability.
Published on: January 18, 2025, 02:00 PM UTC
After years of skyrocketing housing costs, rents in much of the US plateaued in 2024. The Midwest is an exception due to economic growth and an influx of new residents seeking affordability. Rents continue to rise in major cities like Cincinnati, St. Louis, and Kansas City, threatening to push living costs out of reach in one of the few affordable regions remaining.
Published on: January 18, 2025, 01:00 PM UTC
Wall Street stocks jump to cap best week in two months as strong earnings, hopes of less-aggressive Fed lift sentiment
Published on: January 18, 2025, 04:00 AM UTC