WEST PALM BEACH, Fla. (AP) — The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty. Read more...

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Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty

WEST PALM BEACH, Fla. (AP) — The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the

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President Biden will turn over a slowing economy and a tepidly rising unemployment rate to President-elect Donald Trump, the Congressional Budget Office said Wednesday, describing the headwinds the new administration will face.

Washington Times

The Washington Times LLC

Trump to inherit slowing economy, rising unemployment from Biden

Associated Press WEST PALM BEACH, Fla. (AP) — The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty. The Dow Jones stock index essentially ended Thursday flat after having posted 10 days of losses. The Federal Reserve now sees inflation as staying stubbornly elevated as it has become cautious about further interest rate cuts planned for…

News-Press & Gazette Company

Donald Trump's actions to undo a deal and replace it in under 24 hours test the proposition that markets will accept his mix of uncertainty and reality TV drama.

HuffPost

Roberts family

Verizon Communications

Trump Was Poised To Inherit A Strong Economy —  Then Things Got Rocky

The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty.The Dow Jones stock index essentially ended Thursday flat after having posted 10 days of losses. The Federal Reserve now sees inflation as staying stubbornly elevated as it has become cautious about further interest rate cuts planned for next year.On Wednesday, Trump blew up a bipart…

WPLG

Howard Buffett

Miami

Miami-Dade County

Donald Trump was poised to inherit a relatively strong economy, but recent stock market dips and the Federal Reserve signaling fewer rate cuts in future are taking a toll

Pioneer Press

Alden Global Capital

Saint Paul

Ramsey County

Minnesota

“After five years of uncertainty and turmoil, the U.S. economy is ending 2024 in arguably its most stable condition since the start of the coronavirus pandemic,” the New York Times reports. “Inflation has cooled. Unemployment is low. The Federal Reserve is cutting interest rates. The recession that many forecasters once warned was inevitable hasn’t materialized.” “Yet the economic outlook for 2025 is as murky as ever, for one major reason: Presi…

Political Wire

Goddard Media LLC

New York

Trump Adds Uncertainty to the Economy

Thanks in large part to Biden's four-year deficit spending spree, the economy is shackled by a huge $36 trillion in debt and $1 trillion less in Treasury cash on hand.

Real Clear Politics

Chicago

Cook County

Illinois

Biden Leaving Trump an Economy on Precipice of Disaster

During his 2024 presidential campaign, Donald Trump repeatedly blamed President Joe Biden and Vice President Kamala Harris for inflation in the United States. His messaging worked: Trump pulled off a narrow victory, defeating Harris in both the electoral and popular votes. Trump didn't win by a "landslide," as "War Room" host Steve Bannon, Rep. Rick Scott (R-Florida) and other far-right Trump supporters have been claiming. The president-elect, a…

Alternet

John K. Byrne

Michael Rogers (publisher)

Washington

District of Columbia

'Prone to crises': Trump’s 'sweeping policy changes' could make economy  dangerously unstable

Thursday's report was the Commerce Department's third and final look at third-quarter GDP.

Fortune

Chatchaval Jiaravanon

The latest U.S. GDP report card suggests Trump is about to inherit a healthy American economy before making sweeping changes to it

Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty

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