Rick Newman

President Trump finally has a “deal” he can brag about. Two deals, actually. During the same week Trump’s impeachment trial began in the Senate, Trump inked his “phase one” deal with China, and the Senate approved the new trade deal with Canada and…

It could have been worse. That’s about the best trade experts have to say about the “phase one” trade deal President Trump inked with China on Jan. 15. Under the so-called deal, China has pledged to buy about $100 billion in additional American…

Democrats will have a tough job beating President Trump on the economy in 2020. But maybe they don’t have to. Since Bill Clinton’s upstart 1992 campaign, political strategists have reminded themselves over and over, “it’s the economy stupid.” But…

President Trump’s reelection campaign has outraised every Democrat in the race, with a huge haul of $46 million in the last quarter of 2019. His campaign manager has Tweet-bragged about the “incredible fundraising numbers” as Democrats worry they’ll…

Americans still love hulking SUVs, even as they realize these gas guzzlers contribute to global warming. What to do? Revive the Hummer, duh. And replace the old 10-mile-per gallon diesel engine with an electric powertrain fueled off the grid. General…

View photosMore It was a Goldilocks employment report for December: Not too hot, not too cold, no new implications for Federal Reserve policy or the direction of stocks. But economists are concerned about wages, which would normally be growing more…

More You may have heard that the United States is “energy independent.” President Trump mentioned this on Jan. 8 when announcing new sanctions on Iran, and it’s true that new drilling technology has made the United States the world’s largest oil…

Maybe it will be smooth sailing to the U.S. elections on Nov. 3, with no upsets or surprises (bear with me here 😃). Front-runner Joe Biden will win the Democratic nomination, as the polls suggest, and face off against President Trump in a tight…

Is he a folk hero? Or a corrupt fugitive? The public view on that question may determine whether Carlos Ghosn rejoins the business elite or whiles away his days as a pariah in exile. Ghosn, of course, is the former CEO of auto giant Nissan who fled…

There’s a unique set of targets Iran is likely eyeing as it contemplates retaliation for the U.S. killing of a top Iranian general in Iraq on Jan. 2: Trump Organization properties in 11 countries outside the United States. President Trump’s…

Oil is up and stocks are down on fears of escalating hostilities between the United States and Iran. But the U.S. killing of senior Iranian official Qassem Soleimani, and the Iranian retribution likely to follow, won’t become a traditional war…

President Trump has made a momentous decision that will color the final year of his presidency and either boost his odds of reelection, or kill them. By ordering the fatal airstrike on Iranian Gen. Qassem Soleimani, Trump has sharply escalated…

With unemployment at a 50-year low and the stock market near record highs, President Trump should be a shoo-in for reelection. He’s not. In fact, Trump could very plausibly lose in November. Perhaps by a wide margin. Here are 4 reasons why: The…

I’ve already teed off on the 3 worst ideas among Democrats running for president: Medicare for all, a fracking ban, and border amnesty. With that out of the way, here are the 3 best ideas emerging from the Democratic presidential campaign: Medicare…

Financial markets couldn’t care less. Consumers remain confident. Businesses are still cautiously optimistic. The economy continues to grow. The nonreaction to Trump’s impeachment isn’t a surprise. After weeks of testimony regarding Trump’s attempted…

The cost of private health insurance is skyrocketing. Medicare will run short of money soon. About 28 million Americans still lack health insurance. Are your elected officials on it? NOPE! Why should they be. They get generous coverage through a…

As the third U.S. president ever impeached, Donald Trump is now a tarnished leader, permanently sullied. But the Trump economy is looking up. Trump’s grade on the Yahoo Finance Trumponomics Report Card ticked up a notch in December, from B to B+.…

President Trump called his new trade deal with China “tremendous” and “phenomenal.” It’s not. The “phase one” deal—still not finalized—may reduce the threat of new tariffs and other protectionist measures that hurt economic growth. But it leaves in…

Businesses were once a meaningful source of taxpayer revenue. Not anymore. Business taxes in 2019 are on track to be the lowest portion of federal revenue on record, in data that goes back to 1929. That’s contributing to annual deficits likely to top…

President Trump won a victory on trade this week—and it didn’t involve China. The “phase one trade deal” with China is a modestly positive development that will spare US consumers any further tariffs on imported Chinese goods. China may buy more US…