Economy
- The Supreme Court may rule Friday on Trump's tariffs. Here's what's at stake for the economy - The decision is poised to have far-reaching impacts on not only trade policy but also the U.S. fiscal situation.
- Trade deficit in October hits smallest since 2009 after Trump's tariff moves - The trade shortfall was just $29.4 billion for October, down 39% from the prior month.
- Treasury Secretary Bessent says more Fed rate cuts are 'only ingredient missing' for stronger economy - Bessent on Thursday pressed the administration's desire for lower interest rates, saying they are the key to future economic growth.
- Layoff pace in December hit lowest level since mid-2024, Challenger says - Planned job cuts totaled 35,553 for the month, a 50% slide from November and an 8% decrease from the same period a year ago.
- Private payrolls rose 41,000 in December, slightly below expectations, ADP says - Private sector job creation turned positive in December though at a bit softer pace than expected.
- Euro zone inflation hits 2% in December, in line with forecasts - Euro zone inflation stood at 2% in December, flash data from Eurostat showed on Wednesday.
- Iran unrest deepens as U.S. attack in Venezuela sharpens Trump intervention threat - The widespread unrest, fueled by a long-running economic crisis in Iran, killed at least 29 people while more than 1,200 people have been arrested.
- U.S. stocks show little reaction to Trump's extraordinary Venezuela action. Why investors see a bull case - Geopolitical shocks historically have little impact on the stock market, and, additionally, investors do not expect the attack will escalate further.
- RH, Wayfair shares rise after Trump delays furniture tariffs again - Shares of furniture retailers rose in early Friday trading after President Donald Trump delayed an increase in tariffs.
- Meet the 2026 stock market. It's the same AI-reliant market of 2025 - Tech's outperformance to start the new year suggests the AI trade still has legs, at least for now.