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One stunning chart undercuts Trump’s favorite economic scorecard — and shows why its misleading

There's a widening gap between wage and stock growth, and its only accelerated since Trump's inauguration in January 2017.

‘Tariffs will absolutely bankrupt our business’: US companies warn against Trump’s plans to tax wine and cheese imports

"The proposed tariffs would force the price of these wines to the point where they would be unsellable," one company told the US trade office.

Economists are slashing 4th-quarter GDP forecasts — citing poor holiday sales and warm winter weather

Bank of America, JPMorgan, and the Federal Reserve Bank of Atlanta pulled fourth-quarter GDP estimates lower following soft December retail figures.

Big banks have saved $32 billion from Trump’s tax cuts, report says

The nation's six top banks saved $18 billion in 2019 as a result of the Tax Cuts and Jobs Act, according to an analysis by Bloomberg News.

Wall Street is more terrified of an Elizabeth Warren presidency than previously thought, new report finds

Barclays drew up five reports that assessed a largely negative impact from a Warren presidency on many economic and financial sectors.
Workers are seen as new construction takes place at the Umbria a Lennar Corp. project on September 19, 2011 in Miami, Florida.

US housing starts reach highest level in 13 years after ‘spectacular’ December surge

Home starts reached a 1.61 million annualized rate last month, beating the 1.38 million estimate from economists surveyed by Bloomberg.

A Goldman Sachs client poll finds 87% expect Trump to win the next election

The banking titan also polled clients on when they expect the next US recession, and their predictions for US stocks and Fed rate cuts.
US President Donald Trump and Chinese President Xi Jinping at a bilateral meeting at the G20 leaders summit in Osaka, Japan, on June 29, 2019.

China’s economy grew at the slowest pace in nearly 30 years as Trump’s trade war bites

The drop from 6.6% growth in 2018 reflected a raft of challenges. China's birth rate and manufacturing investment also dropped to record lows.

A quick guide to what Trump’s 94-page trade deal with China included — and left out

The text offered for the first time the details of what will be expected in a new chapter of relations between the two largest economies.

‘We’re riding a century-old measurement off a cliff’: Andrew Yang tears into GDP as an outdated metric for calculating economic grow...

"If these are your measurements, then you're going to think things are going in one direction, while your way of life disintegrates," Yang said.