Scott Horsley
Stories
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President-elect Trump promised to extend tax cuts, but how will the government make up a $4 trillion loss of revenue?
The incoming Congress is preparing to extend expiring portions of the 2017 tax cuts from the last Trump administration. Congressional bean counters say that will have little effect on economic growth.
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The possibility of tariffs in Trump's second term is dividing U.S. businesses
President-elect Trump has called for sweeping tariffs on all imports. Some domestic businesses would welcome that, but others warn it will mean higher prices for their U.S. customers.
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Prospect of tariffs in the new Trump administration divide U.S. businesses
President-elect Trump has called for sweeping tariffs on all imports. Some domestic businesses would welcome that, but others warn it will mean higher prices for their U.S. customers.
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'We're absolutely in panic mode': Toymakers are bracing for Trump's tariffs
Toy companies are preparing for tariffs in the new Trump administration. Nearly all toys sold in the U.S. are imported — mostly from China.
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Hiring got a boost in November
Hiring rebounded in November, after a lull the month before. Boeing workers are back on the job after a strike. Bars and restaurants are adding jobs as well.
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Toy companies are worried about Trump's threat of steep tariffs
Nearly all toys sold in the U.S. are imported -- mostly from China. Toys were largely spared from tariffs during Trump's first term. But toymakers and their customers may not be so lucky next year.
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Trump threatens tariffs on imports from Mexico, Canada and China
President Trump threatened to slap hefty tariffs on three of America's biggest trading partners. Similar threats in the past haven't always been carried out.
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Trump to nominate hedge fund manager Scott Bessent as Treasury Secretary
President-elect Trump plans to nominate hedge fund manager Scott Bessent to be Treasury Secretary. He's been on of Trump's biggest cheerleaders in the financial world.
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Hedge fund manager Scott Bessent is Trump's pick for treasury secretary
Trump plans to nominate hedge fund manager Scott Bessent to serve as Treasury Secretary. He'll be tasked with moving big parts of the incoming president's agenda, including tax cuts and tariffs.
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Trump picks Wall Street investor Howard Lutnick as Commerce Secretary
President-elect Trump picked Lutnick, the CEO of investment bank Cantor Fitzgerald, to be his next Commerce Secretary.
