Category: Markets and Macro

President Donald Trump came back into office promising that this time he would not just slow coal’s decline but reverse it, using federal power to keep aging plants running and mines open. Instead, his rescue plan is colliding with a new source of resistance: coal executives and utility allies who say Washington is forcing them…

The billionaire investor Ken Griffin is sounding an alarm that used to be unthinkable on Wall Street: the U.S. dollar, long treated as untouchable, is starting to lose some of its glow. As the greenback trades near multi‑year lows and global investors quietly rebalance away from U.S. assets, his warning is less about a sudden…

America’s consumer economy is splitting in two. At the top, affluent households are booking more trips, upgrading homes and filling high‑end restaurants. For everyone else, the story is about cutting back, stretching paychecks and hoping the next bill does not tip the budget over the edge. The result is a recovery that looks strong from…

Kevin Warsh has quickly become the consensus choice of many prominent economists to lead the Federal Reserve, a rare moment of elite agreement in a polarized economic debate. Yet the real measure of his tenure will not be the praise he is receiving today, but how he navigates a looming collision of high inflation, political…

Washington’s long‑running debate over how to tax its wealthiest residents has moved from think‑tank whiteboards to bill language and floor counts. State lawmakers are now advancing a high‑earner income tax that would fall only on people making more than $1 million a year, positioning the state at the center of a broader national effort to…

The federal government is again operating on the brink, with a partial shutdown colliding with a record national debt and a fiercely contested White House budget vision. The headline drama about a blown legal deadline obscures a more prosaic but serious reality: Congress, not the president, failed to pass spending bills on time, even as…

The White House has pulled crypto exchanges and big banks into the same room to tackle one of the most contentious questions in digital finance: how much yield stablecoin issuers should be allowed to pay. At stake is not just a technical detail of token design but the future balance of power between traditional lenders…

Corporate boardrooms are quietly rewriting their 2026 playbooks, and the common thread is caution. Across sectors, executives are signaling that headcount growth is no longer the default, even as the broader economy avoids an outright slump. The emerging pattern points to a year in which hiring slows to a crawl, particularly for white-collar roles, while…

U.S. factories are finally showing a flicker of life after a bruising year, but the rebound is colliding with a policy shock of Washington’s own making. Production gauges are edging back into growth just as President Trump’s sweeping tariffs raise costs, unsettle supply chains, and undercut the very workers he promised to champion. Manufacturing is…

President Donald Trump is leaning harder on tariffs as his preferred economic tool, and the effects are starting to show up in household budgets. New moves from the White House, paired with already elevated trade barriers, are setting the stage for another round of price increases this year as companies pass higher import costs on…