Key Takeaways Some of President Donald Trump's executive orders on his first day in office aimed to reduce housing and energy costs by reducing regulations and encouraging oil drilling.Housing and energy costs make up significant portions of household spending and inflation,

JPMorgan Chase CEO Jamie Dimon, who oversees the country’s largest bank, said Wednesday that Americans need to “get over it” when it comes to President Donald Trump’s tariff plans driving up prices, as many economists have warned they will.

President-elect Donald Trump on Monday will sign a memorandum aimed at fighting inflation after he takes office that calls for an "all of government" response to bring down costs for Americans, an incoming White House official said.

Incoming White House officials said the presidential memorandum would outline an all-of-government approach to bringing down prices for consumers.

Survey finds tariffs, tax cuts and immigration policy could weigh on price outlook for next two years.

“Today, I will sign a series of historic executive orders. With these actions, we will begin the complete restoration of America, and the revolution of common sense,” said Trump, who at midday Monday became only the second U.S. president to serve nonconsecutive terms, after Grover Cleveland in the late 1800s.

Saudi Arabia’s crown prince said Thursday the kingdom wants to invest $600 billion in the United States over the next four years, comments that came after President Donald Trump earlier put a price tag on returning to the kingdom as his first foreign trip.

And Mr Trump will continue raising the ante. Day two of his presidency saw a groundbreaking announcement of a joint venture into artificial intelligence (AI) infrastructure and data centres by OpenAI, Oracle and Softbank, with an investment potentially rising to US$500 billion.

President-elect Donald Trump will sign executive orders and memoranda during his first day in office tailored to cutting federal regulations around energy production and reducing inflation, according to an incoming White House official.

Trump promised tariffs on Day 1, yet no tariff policies have been announced so far. But a federal government hiring freeze has been enacted.

President Donald J. Trump, over the course of the 2024 campaign and after his election, made big promises to the American people on everything from the economy to foreign policy. Here’s what he said he would do with a second term.

MOSCOW - President Vladimir Putin has grown increasingly concerned about distortions in Russia's wartime economy, just as Donald Trump pushes for an end to the Ukraine conflict, five sources with knowledge of the situation told Reuters.