Trump cited former President George H. W. Bush’s now infamous line to “read his lips” that there would be no new taxes, a phrase that turned out to be a cudgel used against the one-term president.

The US economy is set to expand 1.4% in 2025 and 1.5% in 2026, according to the latest Bloomberg survey of economists, compared with 2% and 1.9% in last month’s poll. The median respondent now sees a ...

“Current ‘pain trade’ unquestionably is a narrow, Magnificent 7-led, squeeze higher in US stocks and US dollar,” the strategists wrote in a note. A decisive break from current key support and ...

Some hardline House conservatives have called for culling as much as $2 trillion in spending over the next decade.

“Some of our seed capital investors are sitting on the sidelines because the market turmoil has taken people’s eyes off new asset classes,” said Ethan Powell, chief investment officer of Texas-based ...