Treasury Sec Sounds Alarm on US Household Stress at WEF
US Treasury Secretary Scott Bessent warned at WEF that past policies have left many households under financial strain, while economists say income gains were unevenly spread.
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US Treasury Secretary Scott Bessent warned at WEF that past policies have left many households under financial strain, while economists say income gains were unevenly spread.
US consumer prices rose less than expected on Dec 18, backing Trump’s economic claims. Democrats and the Fed spar over tariffs, food costs and living pressures as new data looms.
Despite strong private hiring in November, over 100,000 federal jobs were cut, prompting a mix of optimism and caution from the White House.
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