The ‘McKinley Tariffs’ were some of the largest hikes in U.S. history, but in his second term, McKinley changed his mind, and argued for more free international trade as a way of helping the U.S. economy. WSJ explores how McKinley used tariffs, how Trump is following a similar playbook and why McKinley. Actually came to speak out against them.
Discover HBR’s January-February 2025 issue: How AI can transform your organization, why leaders shouldn’t try to do it all, and what people still get wrong about negotiations.
In his second inaugural address, the president reprised dark themes from his first and laid out an expansive policy agenda.
For Trump, a Vindication for the Man and His Movement
Donald John Trump took the oath of office again during a ceremony in the Capitol, promising a new “golden age of America” four years after he was evicted by voters.
President Biden used his executive clemency power to protect people targeted by Donald J. Trump, including five members of his family as well as Liz Cheney, Anthony S. Fauci and Mark A. Milley.
A Determined Trump Vows Not to Be Thwarted at Home or Abroad
Wiser about the use of power, the newly sworn-in president suggests that this time he will not take no for an answer, whether in enacting an ambitious domestic agenda or in his expansionist worldview.
World Economic Forum (January 11, 2025): This week’s top stories of the week include:
0:15 What do the jobs of the future look like? – The world of work is changing fast. While 92 million jobs may disappear over the next 5 years, nearly 170 million new ones will emerge, driven by new technology and the energy transition. What are these new jobs and which sectors will see the greatest changes? Find out in the 2025 Future of Jobs Report.
1:40 Here’s how factories are changing – Chindarat Ninnama tells us the story of how data and digital tools transformed her factory job into a career brimming with new opportunities. A shortage of workforce talent is a major barrier to the digital transformation of manufacturing. Western Digital is part of the World Economic Forum’s Frontline Talent of the Future initiative, which has built a playbook of solutions to address this
5:28 Global cooperation has flatlined – The world is facing a perfect storm of challenges, with global security at a crisis point and competition escalating. The climate crisis has intensified, with 2024 recorded as the hottest year ever. Economic growth remains sluggish, with the IMF projecting global growth of just 3.2% in 2025—and only 1.8% in developed economies.
7:47 These are the most essential skills for work – The jobs of tomorrow will require a new set of skills. The latest Future of Jobs report surveyed company executives on the most in-demand skills of the workplace – both today and in 2030. Find out what the ‘hirers’ of the future are looking for.