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Google Business NewsFeb 08, 2026
Trump wants to run the economy hot, as midterm elections approach - The Washington Post
Trump wants to run the economy hot, as midterm elections approach  The Washington PostTrump accepts ownership of the current economy: 'I'm very proud of it'  NBC NewsConsumer spending pushes US economy up 4.4% in third quarter, fastest in two years  KLAS 8 News NowTrump Aims to Energize Economy Ahead of Midterm Elections  El-Balad.com

MarketWatchFeb 08, 2026
The labor market was bad last year. Will investors get stung by a poor January jobs report, too?
Investors are on edge about the January jobs report after an anxious week on Wall Street — but the survey is likely to tell them more about the past than the future of a fragile U.S. labor market.

Google Market NewsFeb 08, 2026
Portugal votes in first presidential run-off in 40 years - Al Jazeera
Portugal votes in first presidential run-off in 40 years  Al JazeeraPortugal Votes for President, With Leftist Set to Beat Surging Far Right  The New York TimesPortugal chooses between a moderate and a populist in runoff presidential election  ABC News

MarketWatchFeb 07, 2026
Tech stocks have been shaky, but these 20 companies could still see rocketing sales growth
Sandisk and Micron could see industry-leading revenue growth in the coming years.

CNBC FinanceJan 15, 2026
Goldman Sachs is about to report fourth-quarter earnings — here's what the Street expects
Trading desks across Wall Street have benefited in the last year as Trump's policies have roiled markets for bonds, currencies, commodities and stocks.

KiplingerSep 22, 2022
Stock Market Today: Stocks Fall as Global Banks Follow in Fed's Footsteps
Wednesday's selling carried into Thursday as investors continued to take a risk-off approach to markets following the Federal Reserve's latest policy announcement.

The central bank issued its third jumbo-sized rate increase yesterday and set expectations that it will continue to hike rates over its next few meetings. However, the Fed is not alone in its aggressive stance. Several global central banks have increased their benchmark rates this week in an ongoing effort to tame inflation, including the Bank of England and Switzerland's National Bank, which earlier today issued 50 basis point and 75 basis point rate hikes, respectively. (A basis point is one one-hundredth of a percentage point.)

SEE MORE 10 Best Marijuana Stocks to Buy Now "Global equities are struggling as the world anticipates surging rates will trigger a much sooner and possibly severe global recession," says Edward Moya, senior market strategist at currency data provider OANDA. "Most of these rate hikes around the world are not done yet which means the race to restrictive territory won't be over until closer to the end of the year."

The reaction here at home was a selloff in bond prices, which sent yields on government notes spiking. The 10-year Treasury yield surged 19.2 basis points to 3.704% - its highest level since early 2011 - while the 2-year Treasury yield spiked 12.1 basis points to 4.116%, its loftiest perch since late 2007.

Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice.

As for stocks, the tech-heavy Nasdaq Composite


Tax Policy NewsDec 01, 2017
Dynamic do-over: Republicans grouse about tax models they once supported
Main image:  THEY have been at this a long time. In 1994 Republicans, newly in charge of Congress, held hearings on what would come to be called 'dynamic scoring'. Bills, they said, should be evaluated using the predictive power of macroeconomic models. If the model predicts more GDP growth, then it could be inferred that the growth would produce more tax revenue. During the hearings, however, came an awkward moment. Alan Greenspan, then in charge of the Federal Reserve, told Congress that macroeconomic models were 'deficient'. That is, their predictive power, though interesting, was not good enough to rely on. Last year, after the election of Donald Trump, your blogger contacted Mr Greenspan to see whether the models were good enough yet. Mr Greenspan, his office responded, had not yet changed his opinion.Neither have Republicans. Over the past two decades, in and out of control of Congress, the party has nudged dynamic scoring successively closer to the official policy process until we arrived, yesterday evening, at as dramatic a moment as macroeconomic analysis ever gets. The Joint Committee on Taxation, the nonpartisan Congressional body responsible for evaluating tax proposals, hurried its study (PDF) out on a Thursday afternoon as the Senate was preparing to approve a tax cut. That cut, ...
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