Despite two impeachments, 10 Jan. 6 Capitol riot congressional live televised hearings, four criminal indictments, 91 felony charges, and even two assassination attempts, Trump will duplicate Grover Cleveland’s achievement and reclaim the American presidency four years after defeat.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

President-elect Donald Trump has vowed to repeal Joe Biden's signature climate bill called the Inflation Reduction Act, which initially aimed at some $400 billion in new spending and tax cuts and credits at accelerating America's transition to a green energy economy.

The Federal Reserve is starting to contend with how President-elect Donald Trump and his ambitious policies could influence inflation in 2025.

When it comes to the economy, the Republican president-elect won't express any gratitude toward the Democratic incumbent, but he probably should.

Eric Trump praised his father's commitment to protecting U.S. interests through tariffs and strong foreign policy. He highlighted moves like signaling disengagement from prolonged Middle Eastern conflicts and pushing back against unfair practices by China and NATO.

Inflation fell worldwide in 2024, but voters expressed discontent with rising prices from past years, leading to the defeat of incumbent parties. Donald Trump’s re-election in the U.S. exemplified global political shifts amid economic woes.

He has promised to tame price increases. But even a president can only do so much.

At stake is inflation, immigration, China relations, Russia-Ukraine war, Israeli-Palestinian crisis and climate change - Anadolu Ajansı

Shares have suffered heavy falls to end the trading week, and some economists say a trending change in markets could mean the rout is not over yet.

Despite these challenges, the RBI is expected to initiate a rate-cutting cycle in 2025, potentially reducing rates by 50-75 basis points as inflation moves closer to its medium-term target of 4 per cent.

President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally.