5 reasons to be optimistic about the 2024 economy
CNN
The US economy appears to be enjoying the soft landing many argued was nearly impossible.
Many feared 2023 would be the year of recession. It turned out to be the year of remarkable resilience. The US economy appears to be enjoying the soft landing many argued was nearly impossible. Inflation has cooled dramatically, unemployment remains low and the Federal Reserve could deliver rate cuts as soon as March. “The big story of 2023 is we stuck the landing,” Justin Wolfers, professor at the University of Michigan, told CNN. Wolfers noted the economy didn’t just bounce back from the fastest recession ever, but it overcame the war in Ukraine, oil price shocks, political dysfunction and countless other issues. “It’s the little engine that could,” Wolfers said of the economy. “Given how bad the shocks were, this could have been so much worse.”
A few hours after President Donald Trump’s trade negotiating team boarded a flight for the most important economic meetings in the world, their boss took to social media to publicly throw a curveball into the negotiations.
The wisdom of crowds is no match for the whims of the Holy Spirit.
One of the most coveted seats on Fox News is suddenly up for grabs after Trump appointed Pirro, an ex-prosecutor, to a DC perch.
Stacey Wales spent two years working on the victim impact statement she planned to give in court after her brother was shot to death in a 2021 road rage incident. But even after all that time, Wales felt her statement wouldn’t be enough to capture her brother Christopher Pelkey’s humanity and what he would’ve wanted to say.
President Donald Trump on Friday set negotiating terms for his administration’s first discussions with China, which are set to take place in Geneva this weekend.
The founder and former CEO of the cryptocurrency lending platform Celsius Network has been sentenced to 12 years in prison after a prosecutor labeled him a predator who “preyed on hope” by enticing vulnerable customers to risk their life savings for a supposedly safe investment.
As Trump administration officials prepare to meet with Chinese officials in Geneva this weekend, it’s tempting to believe the momentum from the United Kingdom trade deal announcement on Thursday will carry over. Don’t hold your breath.
China’s export growth declined sharply in April after Donald Trump’s triple-digit tariffs took effect, in another sign of the damage the US president’s trade war is causing the world’s two largest economies as they prepare for de-escalation talks.
President Donald Trump has finally gotten his first trade deal done.
Almost anyone who has used the internet has probably experienced that alarming moment when a window pops up claiming that your device has a virus and encouraging you to click for tech support or to download security software. It’s a common online scam, one that Google is now aiming to fight more aggressively using artificial intelligence.
President Donald Trump has rescinded a set of Biden-era curbs meant to keep advanced technology out of the hands of foreign adversaries but that has been panned by tech giants.
Long-delayed next Air Force One jets from Boeing might now be delivered by 2027 — in time for President Donald Trump to use them, according to a top Air Force official.