• Trump Appears Open to Revamping Entitlement Programs
  
  President Donald Trump appears willing to look at revamping entitlement programs such as Social Security and Medicare, based on remarks he made Wednesday in Davos, Switzerland.
• Existing Home Sales Surge 3.6% to Near 2-Year High
  
  U.S. home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing market to regain its footing after hitting a soft patch in 2018.
• Trump Lauds US Economy at Davos Forum
  
  President Donald Trump is leaving the World Economic Forum in Switzerland with bullish talk on the American economy and lashing out at his Senate impeachment trial back in Washington.
• Trump: GDP Would Be Near 4% If It Weren't for Fed
  
  The United States' gross domestic product growth would have climbed closer to 4% if the effects of Federal Reserve rate hikes had not held on, President Donald Trump said Wednesday.
• Kudlow: Economic Growth to Top 3% This Year
  
  White House top economic advisor Larry Kudlow predicts that economic growth will surpass at least 3% this year.
• Oxfam: World's 2,153 Billionaires Richer Than 4.6B People
  
  The world's richest 1% have more than twice the wealth of the rest of humanity combined, according to Oxfam, which called on governments to adopt "inequality-busting policies.
• Global Survey: Capitalism Seen Doing 'More Harm Than Good'
  
  A majority of people around the world believe capitalism in its current form is doing more harm than good, a survey found ahead of this week's Davos meeting of business and political leaders.
• IMF Trims Global Economic Outlook, But Tones Down Risk Warnings
  
  The International Monetary Fund predicted the world economy will strengthen in 2020, albeit at a slightly slower pace than previously anticipated amid threats related to trade and tensions in the Middle East.
• Trump Touts 'Spectacular' Turnaround in US Economy
  
  President Donald Trump sought Tuesday to sell the United States to the global business community, telling an economic conference in the Swiss Alps that America's economic turnaround has been "nothing short of spectacular."
• CNN: No Sign Global Car Recession Ending
  
  Putting the brakes on car sales could crash more than the auto industry, according to CNN Business, which reports sales of automobiles dropped 4% worldwide in 2019.
• World Survey: Capitalism Does More Harm Than Good
  
  Rising income inequality is undermining confidence in capitalism around the world, according to a survey conducted by public relations firm Edelman.
• Wealth of Billionaires More Than 60 Percent of World
  
  The wealth of the world's billionaires is more than 60% of the Earth's population combined, an Oxfam International study found.
• CNBC: Politicians, Investors Ignore Surging $1T Deficit
  
  Economists and politicians were once very concerned about ballooning deficits, but the shortfall has been quietly growing since 2015, and because of super low interest rates and a healthy economy, nobody seems to care, CNBC explained.
• Fed Plans Shift From Writing Rules to Watching How Banks Behave
  
  The Federal Reserve is shifting its focus from writing and revising rules aimed at limiting risk in the banking system to a concentration on how lenders interpret the restrictions, the agency's supervision chief said
• Fed's Harker: Economy Looks 'Good,' Inflation to Hit 2%
  
  Philadelphia Federal Reserve Bank President Patrick Harker said Friday that a robust labor market is boosting consumer confidence and lifting the U.S. economy, despite headwinds such as a global slowdown and trade uncertainty, which are dragging down business investment.
• Trump Plans to Nominate Shelton, Waller to Fed
  
  President Donald Trump plans to nominate Judy Shelton and Christopher Waller to join the Federal Reserve, the White House said.
• It Wasn't Just Fed Keeping Repo Markets Cool at Year-End
  
  The Federal Reserve was victorious in preventing a year-end squeeze in funding markets. But it had a little help from its friends.
• Dec. Gain in Manufacturing Output Wraps Up Weak Year
  
  U.S. factory production unexpectedly increased in December, a bright spot in an otherwise weak year for manufacturing.
• Housing Starts Soar 16.9% to 13-Year High
  
  Construction of new homes surged in December to the highest level in 13 years, capping a year in which falling mortgage rates and a strong labor market helped lift the prospects of the housing industry.
• US Passes Global Growth Baton to Rest of World, For Now
  
  America's days as pace-setter for the world economy may be coming to an end.
• Fed's Bowman: Current Rate Likely Appropriate for 'This Year'
  
  The U.S. Federal Reserve is likely to leave interest rates on hold throughout 2020 absent an economic shock, Fed Governor Michelle Bowman said on Thursday in remarks that included a bullish outlook for an ongoing rebound in the housing sector.
• Suit Filed to Block New Trump Admin Food Stamps Regs
  
  The Trump administration eliminating food stamp benefits for hundreds of thousands of people is facing a lawsuit challenge from a coalition of 14 states, along with New York City and Washington, D.C.
• Fed Fuels Rise in Assets Via ‘Derivative’ of QE, Kaplan Says
  
  The Federal Reserve's low interest rates, the perception that there is a high bar to future increases and expansion of its balance sheet are helping to lift asset prices, Federal Reserve Bank of Dallas President Robert Kaplan said.
• Atlanta Fed Slashes 4Q GDP Estimate to Below 2%
  
  The Atlanta Federal Reserve slashed its fourth-quarter economic-growth estimate to below 2 percent Thursday after
• US Limits News Outlets' Use of Embargoed Data
  
  The Labor Department will begin restricting news organizations' use of economic data by barring computers from the rooms where reporters receive such data before its public release, department officials announced Thursday.

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