Trump floats repealing Obamacare. Here’s why that would be hard.
Former President Donald Trump has promised to take another crack at repealing Obamacare if he gets voted back into office...
Economy
Markets are declaring victory over inflation for Powell, and that has some economists worried
Federal Reserve Chair Jerome Powell said Wednesday it was too early to declare victory over inflation, but financial markets have...
CBO projects 1.5% U.S. GDP growth in 2024, 4.4% jobless rate
(Reuters) - The Congressional Budget Office projects U.S. economic growth to slow to 1.5% in 2024, with the unemployment rate...
Warmer winter weather creating headaches for businesses that rely on seasonal tourism
The winter tourism industry in the U.S. typically brings in billions of dollars for the economy, but businesses in many...
Top Fed officials says the Fed isn’t ‘really talking about cutting interest rates right now’
A pair of senior officials at the Federal Reserve on Friday said it’s too soon to talk about cutting interest...
Exclusive-Ecuador will cut $1 billion in spending before seeking loans, sell some gold, president says
By Alexandra Valencia QUITO (Reuters) - Ecuador's new government will cut $1 billion in spending to deal with "brutal inefficiency"...
US economy adds 216K jobs in December, beating expectations
The labor market ended 2023 on solid footing as job growth continued to chug along at a healthy pace in...
Interest-rate cuts coming soon? Bah humbug, Fed officials say
The chorus of Federal Reserve officials who say interest rates will remain higher for longer than investors believe is getting...
EU vows Ukraine to get aid despite veto by Hungary’s Orban
By Jan Strupczewski, Krisztina Than and Ingrid Melander BRUSSELS (Reuters) - European Union leaders expressed confidence on Friday that they...
Record number of CEOs left their companies in 2023, report finds
C-suite executives reportedly took part in a historic job turnover in the year 2023. An end-of-year report from business and...
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