President-elect Donald Trump will re-enter the White House next week against a more challenging economic backdrop than when he was sworn in for the first time in 2017 — starting with the threat of inflation.

The U.S. economy has successfully achieved a soft landing, with inflation returning to more normal levels while the labor market grows steadily, said Lael Brainard, the director of the White House National Economic Council,

Price and wage trends point to the Fed hitting its target this year, but whether it gets there now depends on Trump.

Key Takeaways Stocks on Friday were on track to have their best week since early November as investors bid up equities after this week's reassuring inflation data and ahead of Donald Trump's inauguration next week.

As Washington prepares for a new administration, a souvenir shop offers discounted Biden and Harris merchandise on Jan. 10. | Stephen Voss for POLITICO President Joe Biden’s bid for historical greatness came to grief in one day: Nov.

The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.

President Biden calls his economic and climate programs "the most significant investment in America since the New Deal." Here's the breakdown.

U.S. President Joe Biden's administration has protected about 84%, or $96.7 billion in clean energy grants created by its signature climate law from any clawback by the next administration, a White House official said on Friday.

US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.

President Joe Biden looked back at his time in the Oval Office as a period of "hope, progress, and possibility," he said.

Drugs used to treat cancer, diabetes and other chronic conditions are among 15 picked for negotiations that could result in lower prices for patients, the Department of Health and Human Services confirmed Friday.

Biden's farewell speech warning that oligarchs pose a threat to democracy has echoed a growing problem in the world, economic and historical experts say.