Analysts say policy mistakes the Biden administration committed on the economy contributed to Donald Trump regaining the White House.
“But you just voted for Donald Trump,” Pelley said. Werkheiser replied again, “Yes.” The economy was considered one of the top issues concerning voters ahead of the election, but Pelley argued with Werkheiser that it has actually improved.
Markets are betting that the second Trump administration will bring robust growth, an unshackled corporate sector, and only modest downside from some of the president-elect's more disruptive plans. Why it matters: Policy will be volatile in the years ahead,
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his press conference following the rate cut decision last week, and his comments were telling. In fact, they were a serious warning on the future of the U.S. economy. Here's what he had to say:
President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was behind the shift this election.
Rep. Ocasio-Cortez recently took to Instagram, where she argued that "most people" aren't ready for the president-elect in office again.
U.S. voters’ decisive swing toward President-elect Donald Trump reflects dissatisfaction with recent inflation, as well as deeper fears about slipping financial security.
We came out of the Covid pandemic and then experienced the biggest inflation spike that most of us have seen in our lifetime. That takes a toll.
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.
The U.S. economy has been running smoothly for the most part, but that could change depending on what happens at the polls Tuesday, especially if the outcome isn't immediately clear.
Black and Latino voters moved toward Republican Donald Trump in this year's presidential election, and some of the biggest shifts were among men under age 45, and that helped expand his margin over Democrat Kamala Harris.