Yahoo Finance is tracking the performance of the economy under President Donald Trump, compared with six prior presidents going back to Jimmy Carter. We’ve chosen six key economic indicators that directly affect the well-being of ordinary Americans, with data provided by Moody's Analytics. Know more about our methodology, and click on the article below to read the latest update.View raw data.
WASHINGTON — President Donald Trump speaks often of a pile of money sitting overseas that will come rushing back into the U.S. once his tax plan is in place. That's something of a mirage.
President Donald Trump will be holding a series of weekend meetings with Cabinet members at Camp David. A White House spokeswoman said Saturday that Trump would meet with Vice-President Mike Pence and Treasury Secretary Steve Mnuchin as the Republican-led Congress plans to vote on its tax bill.
Closing in on the first major legislative achievement of his term, President Donald Trump on Saturday defended the Republican tax cut as a good deal for the middle class while boldly suggesting it could lead to explosive economic growth. The legislation, which the GOP aims to muscle through Congress
Senate and House Republicans reached an agreement on their final tax bill on Wednesday. If President Donald Trump signs it before the end of the year, the new tax plan will take effect on January 1, 2018. Americans won't see the change to their tax returns until spring 2019 — when they file taxes
President Donald Trump and his administration are ignoring one side of the ledger when they claim big savings from the federal regulations they've been able to roll back over most of this year. Trump and his administration are adding up savings from the regulations that have been withdrawn through
President Donald Trump is trumpeting the rolling back of federal rules and regulations in his administration's first year even as critics say he has tried to dismantle important protections for the environment, consumers and others, and that his claims are overblown. "For many decades, an ever-growing
The White House says President Donald Trump supports Disney's purchase of much of 21st Century Fox. White House press secretary Sarah Sanders says Trump called media magnate Rupert Murdoch to congratulate him on the deal. Disney is buying the Murdoch family's Fox movie and television studios
Republican leaders reached an agreement on their final tax bill on Wednesday, making it look more likely that tax reform will be passed before the end of the year. This final bill is the product of a conference committee to reconcile differences between the House and Senate versions that Republicans
Americans who own stocks are much more likely to have a favorable view on what President Donald Trump has done to the economy, according to a Public Policy Polling survey. The S&P 500 is up 25% since Trump's election victory last November. If you play the stock market, then you're far more
If you have been planning to buy a car, it might be smart to do it before December 31 so you can deduct the sales tax you pay. Republican leaders on Wednesday reached an agreement on their final tax bill. Republicans have proposed capping the property tax, state and local income tax, and sales tax
President Donald Trump's tax plan could go into effect as early as January 1, 2018, if Republicans manage to pass their final tax reform bill. Ahead of the looming changes, taxpayers can make end-of-year tax moves now, such as pre-paying their property taxes for next year. If your property tax
NEW YORK — The Bangladeshi immigrant arrested in a botched suicide bombing in the New York subway mocked President Donald Trump on Facebook on his way to carry out the attack, writing "Trump you failed to protect your nation," authorities said Tuesday as they brought federal charges against
California Gov. Jerry Brown is urging President Donald Trump to start fighting climate change or to "get out of the way" and let the rest of the world work on reducing emissions and investing in clean energy. Speaking with The Associated Press at a global climate summit Tuesday in Paris, Brown
Then there's the image of Justin Trudeau quibbling about the Canada-U.S. trade deficit with U.S. President Donald Trump, who recently revealed some backroom bickering between the two about which country buys more imports from the other. Critics say it doesn't matter, for two reasons: First,
WASHINGTON — The Treasury Department just gave Republicans ammunition that their tax cuts would pay for themselves.
President Donald Trump is making his final pitch for the Republican tax plan in a speech to the American people. White House spokeswoman Lindsay Walters says Trump will deliver a speech Wednesday on how tax reform will help taxpayers and their families. Trump and Republican leaders in Congress have
Start the countdown clock on a momentous two weeks for President Donald Trump and the GOP-run Congress. Republicans are determined to deliver the first revamp of the nation's tax code in three decades and prove they can govern after their failure to dismantle Barack Obama's health care law this
In addition, earlier comments by Republican Senate candidate Roy Moore about his decades-old behaviour with teens drew scrutiny that dominated the last leg of the campaign for Alabama's election. Trump pitched Moore's candidacy at a rally in Pensacola, Florida, close to the Alabama line. The
President Donald Trump sought Sunday to gloss over the difficult work ahead for lawmakers labouring to finalize tax cut legislation he can sign by his self-imposed Christmas deadline. Trump tweeted about the pending bill before he went to his golf club in West Palm Beach for a round with Republican
In his Alabama-ish rally, President Donald Trump falsely stated that black homeownership has hit a record high under his stewardship and made the dubious claim that he set Canada's prime minister straight on the state of trade between the two countries. The positioning was meant to help Alabama
President Donald Trump's new tax plan could go into effect soon. Business Insider has put together a number of guides explaining the differences between the House and Senate proposals, how tax reform could affect people of various incomes, and how tax brackets might be changing.
Trump administration officials are concerned about the lack of wage growth in the economy, White House economic advisor Gary Cohn says.
Muslims across the Middle East warned Wednesday of disastrous consequences after President Donald Trump recognized Jerusalem as Israel's capital, but in a region more divided than ever, many asked what leaders can do beyond the vehement rhetoric. Arab powerhouses are mired in their own internal
President Donald Trump is holding out the prospect of 6 per cent growth in the U.S. economy. By most signs, economists say the country will be lucky to achieve consistent annual growth much over 2 per cent . Federal Reserve officials and most mainstream economists expect economic growth to hew closer