Trump, fuel economy and standards
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1don MSN
U.S. economy is still growing, ISM says, but ‘tariff uncertainty’ is depressing sales and hiring
The large services side of the economy grew in November for the sixth month in a row and inflationary pressures eased, but businesses were taking a cautious approach to hiring and investing due to lingering “tariff uncertainty.
The president’s approval rating fell to 42% while his disapproval rating rose. A greater share of respondents disapproved of Trump’s handling of the economy.
Wall Street is warning about a widening K-shaped economy, but Bank of America says the divide may be less destabilizing than feared.
Stocks are back on the doorstep of record territory after a volatile month on Wall Street, but persistent inflation worries and souring consumer sentiment are keeping investors uneasy ahead of the Fed’s last policy meeting of the year.
He said he’s getting rid of Biden-era fuel efficiency requirements and predicted the change would save consumers money on cars.
In 2026, a reasonable baseline outlook is that the U.S. economy will get fresh support from the One Big Beautiful Bill Act’s front-loaded fiscal easing.
Trump will go to Pennsylvania on Tuesday to discuss his administration's efforts on rising prices as Americans say they continue to have concerns about the state of the economy.
British scientific journal Nature retracted a climate study due to data reliability issues, particularly problematic information from Uzbekistan that skewed results.
Traders offered the new exchange rate as attempts so far to restart negotiations between America and Iran over its nuclear program appear stalled.
From electricity, property development and hospitals to billboards, driving schools and chicken farms, one vast conglomerate lies behind much of Abu Dhabi’s domestic corporate landscape: International Holding Company.