It wasn’t enough, and the electorate swung from the left back to the right, in Trump’s direction. He won the narrowest popular-vote victory in the past two decades. This narrative about the election is not hard to defend in part because the evidence for the role of inflation in particular is so robust.
The latest Yahoo News/YouGov results illustrate the powerful effect that partisanship can have on people’s perception of reality.
The shift in expectations about the economy’s future was driven by Republicans getting happier as Democrats turned sour.
This dichotomy shows up neatly in the latest University of Michigan consumer sentiment data. The sentiment index for Republicans jumped from 53.6 in October to 69.1 in November, putting it at the highest level since shortly after President Joe Biden took office in 2021.
In analyzing the loss, Harris’s team also credits the Trump campaign with reaching sporadic voters, especially young men, through new media channels.
The first reading of the S&P U.S. services index climbed to a 32-month high of 57.0 in November from 55 in the prior month. Senior executives said the prospect of lower interest rates and a more pro-business White House made them more optimistic.
Every four years, we elect a new president to lead our nation. Also referred to as "the leader of the free world," this person is often judged and associated with how the economy is doing when
"The U.S economy is the envy of the world," said Rutgers Business School finance professor Parul Jain. "Why didn’t that message get through to the electorate?” “There’s always a big lag between objective economic indicators and public opinion ...
President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was behind the shift this election.
Donald Trump’s trade plan for 2025 would hit China and Mexico hard as well as cause global damage. But he will struggle to implement it in full
Nearly 2 million undocumented immigrants are the backbone of some industries, and they pay billions in taxes for services they never receive.
While the incoming administration may not know exactly how to fix healthcare, the opportunity for substantive, system-wide change may be in front of us.