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The Trump 2.0 economy

Nov 8, 2024
In this week's "Make Me Smart" newsletter, we explore how President-elect Donald Trump's campaign promises could shape the U.S. economy over the next four years.
Iskandar Zulkarnaen / Getty Images

Affordability was top of mind for young voters this election

Nov 8, 2024
Gen Z's lived experience through the pandemic and a period of high inflation meant that the economy was a top issue.
This election, economic concerns were on the minds of Gen Z voters, who have 86% less purchasing power than baby boomers did at their age.
Jeff Kowalsky/AFP via Getty Images

What a second Trump term would mean for the central bank

Nov 8, 2024
On Thursday, Fed Chair Jerome Powell wouldn’t rule out an interest rate hike next year, though that's not the plan at this point.
At Thursday's press conference, Federal Reserve Chair Jerome Powell wouldn’t rule out an interest rate hike next year.
Kent Nishimura/Getty Images

U.S. importers seek to load up ahead of tariffs

Nov 7, 2024
It’s unclear when or if tariffs are coming, but some businesses are increasing their overseas orders ahead of Trump's inauguration.
If President-elect Donald Trump keeps his campaign promise on tariffs, businesses would have to pay higher taxes and would likely pass those costs down to consumers.
Justin Sullivan/Getty Images

Why mergers and acquisitions are an economic indicator

Nov 7, 2024
They're the ultimate bets companies can make on their futures. So M&A activity can reflect confidence in the economy.
If there’s a big increase in merger and acquisition activity, that means companies are feeling confident about the future.
Jacob Wackerhausen via Getty Images

Energy barge businessman expects fewer mandates, fewer headwinds under new administration

Nov 7, 2024
Austin Golding says the oil and gas industry should meet climate goals via competition and evolution rather than constraints on production and transport.
"We're looking for a world that is competitive and not mandated," says Austin Golding at Golding Barge Line in Mississippi.
Andrew Caballero-Reynolds/AFP via Getty Images

For public good, not for profit.

One more byproduct of hybrid work: The rideshare commute

Nov 7, 2024
Lyft says that nearly half of the company's weekday rides were commutes to or from work.
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Why the economy drove voters toward Donald Trump

Dissatisfaction with the economy drove voters to the polls. And Trump was viewed as the change candidate.
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