As US voters head to the polling stations and what WalletHub calls “this crazy election” finally comes to a close, the Washington, DC-based personal website has assessed the potential impact on president Hillary Clinton and Donald Trump on business and consumer wallets.
WalletHub has prepared two reports examining the potential outcomes: What If Trump Wins? and What If Hillary Wins?. In each case it has crunched the numbers on what’s likely to be in store for everything from gross domestic product (GDP) growth and the S&P 500 to tax rates and Social Security.
Latest opinion polls suggest that Clinton is ahead, if not decisively. The New York Times gives her 46% against 42% for Trump, while the BBC suggests that she leads 48% versus 44%.
Stock markets rallied on Monday, following news that the Federal Bureau of Investigation (FBI) had not altered its original view that Clinton should not face criminal charges over her email server in mishandling classified information. However, they show little direction today over concerns that the outcome indicated by the polls could still prove misleading.
After winning the German presidency for her fourth term, Angela Merkel must weld a coalition government or have a minority rule with the most far-right politicians seen in 50 decades.
Leaked documents from the UK Home Office proposing that low-skilled EU migrants would be restricted in the UK’s post-Brexit immigration scheme may be more likely to increase automation and off-shoring of labour, rather than increase British wages, industry experts have warned.
The dollar failed to recover against other major currencies on Monday following Friday’s disappointing US employment data announcement. This was coupled with ... read more
India's gross domestic product (GDP) growth failed to meet expectations in Q2 as it slumped to 5.7%. However, India's IT industry is thriving. It contributes roughly 10% to the country's GDP and makes up about 25% of exports.