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Welcome to The Hill's Business & Economics Newsletter
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business and economy
business and economy
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Bitcoin soars to record high following election
Bitcoin soared to an all-time high of more than $84,000 on Monday as hopes for the cryptocurrency continue to rise following President-elect Donald Trump's re-election, with the victory being widely celebrated in the industry.
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US survey targets 1.4 million Honda and Acura engines
A new study from the National Highway Traffic Safety Administration reveals that engine failure complaints affect more than 1.4 million Honda and Acura vehicles.
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ticker
Upcoming news themes and events we're watching:
Federal Reserve Boardchris waller speak at Clearinghouse Annual Conference Tuesday at 10 a.m. ET.
ofhouseandsenateHe returned on Tuesday after months of campaigning.
In other news
Let's expand on the day's story.
Stock market today: Wall Street rises as Bitcoin tops $87,000
NEW YORK (AP) — U.S. stocks rose on Monday, led by stocks that appeared to have benefited the most from President Donald Trump.
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What you need to know
Business and economics news from other news outlets:
Here's what the new Trump administration will do for your money. financial advisor say (CNBC)
The White House will shed its posturing. union Label (new york times)
Rep. Ruben Gallego (D-Ariz.) defeated Republican Kari Lake in the consequential race for a Senate seat, marking the former local news anchor's second consecutive loss in the race, according to Decision Desk Headquarters. It is expected that it will be lost. read more
RFK Jr.'s new bully pulpit shocks public health
President-elect Trump's pledge to let Robert F. Kennedy Jr. “run amok” on health issues is hurting the morale of public health experts, as Trump interferes with key government agencies and vaccine hesitancy They fear that he could amplify his views and funnel money directly to government agencies to support his preferred views. read more
what people are thinking
Opinions submitted to The Hill on business and economic issues:
What President Trump and President Musk's Office of Government Efficiency Should Do in Their First 100 Days
Trump 2.0 trade principles: Is the global economy unpredictable again?
Everyone is being pushed too hard. see you tomorrow!