Trump was set to take over a robust economy, but circumstances shifted.
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.
U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate
The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous estimate.
The Dow closes above 45,000 for the first time. It may be time to rethink what makes a milestone.
The Dow Jones Industrial Average on Wednesday finished above 45,000 for the first time, as it extended a 2024 rally that's driven major benchmarks to a series of records.

Egg Prices Surge Just in Time for the Holidays
Egg Prices Surge Just in Time for the Holidays
December 21, 2024 9:10 pm
Americans stocking up on holiday cooking essentials may be greeted with an unwelcome surprise in the grocery aisles: higher prices for eggs, spurred by an intensifying bird flu outbreak.
The Dow closes above 45,000 for the first time. It may be time to rethink what makes a milestone.
The Dow closes above 45,000 for the first time. It may be time to rethink what makes a milestone.
December 5, 2024 3:56 pm
The Dow Jones Industrial Average on Wednesday finished above 45,000 for the first time, as it extended a 2024 rally that's driven major benchmarks to a series of records.
Disney Increases Dividend by 33% Following Streaming Profit Milestone
Disney Increases Dividend by 33% Following Streaming Profit Milestone
December 5, 2024 3:47 pm
Disney’s announcement comes on the heels of significant milestones in its streaming division, which includes Disney+, Hulu, and ESPN+. The company reported that its direct-to-consumer business turned profitable in the most recent quarter, a major achievement in an industry where profitability has often been elusive.
The funds which invest in Indian small- and mid-cap companies
The funds which invest in Indian small- and mid-cap companies
December 5, 2024 2:54 pm
How these managers deal with high valuations and the risks associated with this category of...
Tesla stock target raised at Bank of America after Giga Texas visit
Tesla stock target raised at Bank of America after Giga Texas visit
December 5, 2024 2:25 pm
Bank of America raised its price objective for Tesla shares to $400 from $350 on Thursday, citing enhanced growth confidence following a visit to Tesla's Giga Texas factory in Austin.
“Years Later, Citigroup Still Faces Fallout from Firing Eight Asia Traders”
“Years Later, Citigroup Still Faces Fallout from Firing Eight Asia Traders”
December 4, 2024 5:29 pm
By Harlet Jonson | Dec 04, 2024 Updated 05:38 a.m. ET Citigroup’s decision to terminate eight foreign exchange...
Oracle Stock Achieves Record Performance with 75% Surge Since Dot-Com Era
Oracle Stock Achieves Record Performance with 75% Surge Since Dot-Com Era
December 3, 2024 6:45 pm
Oracle Corporation has experienced a remarkable year in 2024, with its stock surging by 75%. This impressive performance marks Oracle's best year since the dot-com boom, reflecting strong investor confidence and robust financial results.
BlackRock to Acquire HPS Investment Partners to Deliver Integrated Solutions Across Public and Private Markets
BlackRock to Acquire HPS Investment Partners to Deliver Integrated Solutions Across Public and Private Markets
December 3, 2024 6:34 pm
BlackRock is acquiring HPS Investment Partners, a leading global credit investment manager, for approximately $12 billion in an all-stock deal. The acquisition is expected to close in mid-2025.

Posts published in “Politics”

How the Border County Where Elon Musk Is a Local Flipped for Trump

On the road to Starbase. There is an “idea that he is going to Mars and taking Cameron County, one of the poorest in the United States, with him,” Guadalupe Correa-Cabrera, a political science professor, said of Mr. Musk.

Mr. Musk’s rockets and presence have helped shape, and reshape, the culture and politics of Cameron County in South Texas. By Jenet Marlina | Dec 02, 2024 Updated 03:30 p.m. ET The story of the political…

Trump Says He Will Nominate Kash Patel to Run F.B.I.

If confirmed, Kash Patel would replace as FBI director Christopher Wray , who was chosen by Donald Trump in his first term as president. (Photo: Bloomberg)

President-elect Donald J. Trump turned to a firebrand loyalist to become director of the bureau, which he sees as part of a ‘deep state’ conspiracy against him. By Bob Mery | Dec 01, 2024 Updated 02:58…

Trudeau Flies to Mar-a-Lago to See Trump Amid Tariff Concerns

Justin Trudeau, prime minister of Canada, leaving his hotel in West Palm Beach, Fla., on Friday to meet with President-elect Donald J. Trump.Credit...Jamie Kelter Davis for The New York Times

Prime Minister Justin Trudeau of Canada is the first foreign G7 leader to visit President-elect Donald J. Trump since the election. He is under pressure to persuade Mr. Trump to back down from his tariff…

Trump’s tariffs could push up the price of your favorite beer (and tequila)

Beer and liquor may be recession-proof, but they’re certainly not tariff-proof. By Harlet Jonson | Nov. 30, 2024 Updated 03:09 a.m. ET If President-elect Donald Trump follows through with proposals to impose a 25% tariff on all…

How China Became the World’s Largest Car Exporter

A graph by The NewYorkBudgets World's Largest Car Exporter. Harlet Jonson

In a historic shift within the global automotive industry, China recently surpassed Japan to become the world’s largest car exporter. This milestone highlights the rapid transformation of China’s automotive sector, which has evolved from producing…

Donald Trump Jr. Emerges as a Loyal Enforcer

Mr. Trump has been careful to try to never eclipse his father.Credit...Scott McIntyre for The New York Times

His siblings have long retreated from the inner circle, but the president-elect’s eldest son has made a name for himself as the person who can best assess loyalty to the Trump political brand. By Cristin…

Immigrants Across U.S. Rush to Prepare for Trump Crackdown

Donald Trump’s promise to carry out mass deportations has driven fearful immigrants to seek protections and advice. By Sara William Photographs by Shutterstock | Nov. 23, 2024 Updated 11:35 a.m. ET President-elect Donald J. Trump has vowed…

How Tulsi Gabbard Became a Favorite of Russia’s State Media

Tulsi Gabbard’s remarks have made her a darling of the Kremlin’s vast state media apparatus — and, more recently, of President-elect Donald J. Trump.Credit...Haiyun Jiang for The New York Times

President-elect Donald J. Trump’s pick to be the director of national intelligence has raised alarms among national security officials. In 2017, when she was still a Democratic member of Congress, Tulsi Gabbard traveled to Syria…

Ukraine’s allies in disarray as Trump-led diplomacy nears

German Chancellor Olaf Scholz speaks at the Chancellery in Berlin on November 6, 2024, after the US presidential elections. Odd Andersen/AFP/Getty Images

A thousand days into Europe’s most grueling war since the Nazis, the starting gun appears to have been fired for peace talks in Ukraine. Friday’s unilateral move by German Chancellor Olaf Scholz to call Russian President Vladimir Putin…

After Flurry of Cabinet Picks, Trump Rethinks Candidates for Treasury Secretary

President-elect Donald J. Trump is expected to invite the contenders for the role, including Kevin Warsh and Marc Rowan, to Mar-a-Lago this week. President-elect Donald J. Trump is eyeing a new candidate for Treasury Secretary…

A Search in Syria for the Disappeared
A Search in Syria for the Disappeared
For over a decade, tens of thousands of people living in Syria would disappear without explanation. They were picked up off the street. Plucked from university classes. Yanked out of stores as they bought groceries, and from taxis on their way home from work.
Live: Assad Flees Amid Syrian Rebels’ Capture of Damascus
Live: Assad Flees Amid Syrian Rebels’ Capture of Damascus
President Bashar al-Assad’s immediate location was not initially clear after rebels took control of Syria’s capital. Russia’s Foreign Ministry did not provide details on where he had gone, saying only that he had resigned and left the country.
The Gaza war followed years of weak diplomacy, says top U.N. envoy
The Gaza war followed years of weak diplomacy, says top U.N. envoy
World leaders failed to focus on a permanent solution to the Israeli-Palestinian conflict and risk making the same mistake again, the departing United Nations’ envoy in the region says.
Investigation Into Forced Adoptions From Ukraine Points Finger at Putin
Investigation Into Forced Adoptions From Ukraine Points Finger at Putin
Yale researchers traced hundreds of children taken to Russia in the war, finding what they described as “a higher level of crime than first understood.”...

AWS bets on liquid cooling for its AI servers
It’s AWS re:Invent 2024 this week, Amazon’s annual cloud computing extravaganza in Las Vegas, and as is tradition, the company has so much to announce, it can’t fit everything into its five (!) keynotes. Ahead of the show’s official opening, AWS on Monday detailed a number of updates to its overall data center strategy that are worth paying attention to.
The Browser Company teases Dia, its new AI browser
The Browser Company, the company behind Arc Browser for both desktop and mobile, teased its new web browser Monday called Dia — and this time, it focuses on AI tools. In the last few years, the startup launched Arc on Mac and Windows and Arc Search on iOS and Android, but the company is beginning work on a new product with a broader appeal.