Donald Trump

Economy

U.S. clocks record deficit in October on pandemic spending

It's a milestone that may further complicate efforts on another government relief bill, something economists have warned will be badly needed as a second wave of coronavirus infections tightens restrictions on businesses, potentially spurring more layoffs that leave workers struggling to pay for housing and food.

Energy

Truckers plan strike urging Biden to avoid fracking ban, tout Trump protecting 'blue-collar' workers

"Our message is simple and hopefully effective. We fully intend to exercise our rights, and will not have politicians making crippling decisions, that will negatively affect our future and the future of our children." StopTheTires2020 organizer Jeremy Rewoldt wrote in a Facebook post. "We will not participate in the leftist, Biden/Harris Green New Deal. We do not support the banning of fracking. The United States of America operates as a capitalistic economy and OIL is the fuel she survives on."

Economy

Biden is expected to review Trump's trade tariffs

While Mr. Biden hasn't detailed his specific plans, aides and advisers say he is expected to review those levies. And like President Trump, he will largely be able to act without the need for Congressional support.

Markets

Walmart CEO led Business Roundtable congratulates President-elect Joe Biden, Vice President-elect Kamala Harris

“Business Roundtable congratulates President-elect Biden on his election as 46th President of the United States. We also congratulate Vice President-elect Harris on her historic accomplishment as the first woman, Black woman and person of South Asian descent to be elected Vice President of the United States," the organization, led by Walmart CEO Doug McMillon, said in a statement. "We look forward to working with the incoming Biden Administration and all federal and state policymakers."