The daily business briefing: January 22, 2020

Trump takes credit for a strong economy in return to Davos, Boeing pushes back the expected date of 737 Max return, and more

Trump in Davos
(Image credit: FABRICE COFFRINI/AFP via Getty Images)

1. Trump touts U.S. economy in return to Davos

President Trump made his first appearance in two years at the annual World Economic Forum in Davos, Switzerland, on Tuesday, taking credit for soaring stocks and historically low unemployment in the U.S. and meeting with global business leaders. It was Trump's first overseas event since the House approved two articles of impeachment against him, and Trump said little about his trial getting underway in the Senate, other than to dismiss the charges as "just a hoax" when reporters asked him about it. Trump said his administration had turned what he described as a sagging U.S. economy into a "roaring geyser of opportunity." He also pushed back against calls for action on climate change, saying "we must reject the perennial prophets of doom" and embrace optimism.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.