German conservative leader predicted to be next chancellor rejects retaliatory tariffs
Ignore the Fed’s flip-flop and focus on labour dynamics
Plus Merton allocation, and the ‘magic’ GDP growth rate
On both sides of Atlantic, most surveyed claim protectionist shift will overshadow benefits of other policies
Trump’s threat of higher duties on Chinese goods raises the stakes for a union proud of its free-trading instincts
The year no longer appears likely to bring leading economies into a steady state
Financial Times poll points to gloomy outlook with little upside potential for common currency area
The incoming Trump administration is set to dust down a weapon from a bygone era
Consumers are ‘tapped out’ after years of high inflation and as pandemic-era savings have evaporated
In different ways, the US, Russia and China have all become revisionist powers that are seeking radical change to the status quo
Borrowers turn to distressed exchanges in the face of punitive interest rates
Economists say a jolt from the south could shock the country out of its torpor
Companies fear political vacuum in Seoul will leave them vulnerable to tariffs and loss of subsidies
Investigation comes just weeks before Biden administration hands over to president-elect Donald Trump
His policies would cement the US currency’s dominance while undercutting the institutional framework that is its bedrock
The central bank’s highly reactive policy approach of recent years amplifies financial volatility
Funding measure gets bipartisan backing after days of bickering on Capitol Hill
Lower than expected inflation figures help S&P 500 claw back some of its losses
Workers launch 5-day protest in Chicago, Los Angeles and Seattle as union and coffee chain remain far apart on pay
More congressional chaos has sparked fears of another federal funding crisis
Trump’s agenda and domestic uncertainty shroud the rate-cutting cycle
America’s debt pile and the case for tax cuts will be flashpoints inside the new administration
Washington will soon rule on tie-up that will have sweeping implications for America’s rustbelt
US president-elect warns bloc that member states will face tariffs unless they make big purchases
Congress faces Friday night deadline after president-elect helped kill initial draft legislation
