Gallup's first poll since the Republican sweep of the 2024 election found Americans are more confident about the economy.
From enacting tariffs on foreign goods to slashing taxes for individuals and businesses, Trump’s economic populism is about to be put to the test.
In a more extreme scenario, in which the Trump administration deported 8.3 million undocumented immigrants, the economic outlook would be even worse. Compared to the baseline forecast, GDP would plummet by 7.4 percent by 2028, while employment would drop by 6.7 percent.
The tariffs he imposed on China in his first term were continued by President Joe Biden, a Democrat who even expanded tariffs and restrictions on the world's second largest economy. Biden administration officials looked at removing Trump's tariffs in order to bring down inflationary pressures, only to find they were unlikely to help significantly.
Americans’ confidence in the economy improved after Republicans won big in the 2024 election earlier this month, a new survey found. The Gallup poll, released Tuesday, shows that Americans rank their confidence in the economy as -17,
The economy sped up in November and kept the U.S. on track for another strong quarter of growth, fueled by optimism about falling interest rates and the prospect of a pro-business Trump administration,
Julio Rivas with Lipscomb University joins us to give us a recap on this year's economic performance and a look into next year under President-elect Donald Trump.
There’s a pretty simple way to explain most of what happened in the 2024 presidential election.
House Minority Leader Hakeem Jeffries (D-NY) said the economy, not racism or misogyny, was the deciding factor in Donald Trump's electoral victory.
In carrying out campaign promises on trade and the border, Trump risks worsening the inflation dilemma that catapulted him to power.
The shift in expectations about the economy’s future was driven by Republicans getting happier as Democrats turned sour.