Trump Inherits an Economy at a Tricky Time

The labor market is already cooling and the next president’s promises to slash spending and end green subsidies may add to the headwinds. Donald Trump will inherit, to all appearances, a solid economy when he assumes the presidency in January. After all, the stock...

JPMorgan Braces for ‘Impactful’ First Two Years of Trump

Watching policy steps on tax, deregulation and crypto Sees opportunities in luxury, energy, healthcare in Mideast The first two years under Donald Trump’s second term could be “quite impactful” if policy changes are made on tax, deregulation and crypto, according...

Baidu Readies AI Smart Glasses to Rival Meta’s Ray-Bans

Baidu Inc. is set to unveil a pair of glasses with a built-in AI assistant, putting up a Chinese rival to the Meta Ray-Bans that have proven a rare success in AI-powered hardware. China’s search leader and longtime investor in artificial intelligence plans to showcase...

Trump Win Wreaks Havoc on Global Rate-Cut Expectations

Currencies face pressure on fears tariff vow will materialize ECB’s Guindos says big trade measures would have ‘huge’ effect Central bankers the world over are gauging whether their worst fears over Donald Trump will come to pass following his resounding return to the...

Munis Tumble After Trump Victory Ignites Deficit Concerns

Yields on muni bonds jumped as much as 16 basis points Investors of muni debt tend to take cues from Treasury market Municipal bonds plummeted on Wednesday after voters elected Donald Trump as US president. The move followed a rout in US Treasuries, which sold off...