Economy - Page 12

Commerce Secretary Howard Lutnick says the “Trump Gold Card” will generate billions of dollars for the federal government, but will not expand the huge inflow of migrants into the careers sought by skilled American graduates.

A Trumpier Fed Isn’t An Inflation Threat The financial press has been trying its best for months to gin up a panic over the independence of the Federal Reserve. We’ve had a number of dress rehearsals for the supposed death

Treasury Secretary Scott Bessent called Govs. Kathy Hochul (D-NY), Jared Polis (D-CO), and JB Pritzker (D-IL) the “Grinches Who Stole Christmas” for their states’ refusal to conform to President Donald Trump’s July 4 tax relief bill in a Wednesday social media post. 

The Federal Reserve approved a quarter-point interest rate cut Wednesday, the third consecutive interest rate reduction since the Fed resumed easing monetary policy in September.

McDonald’s Netherlands division recently published an AI-generated advertisement labeling Christmas “the most terrible time of the year.” When the fast food giant faced intense backlash for its AI slop insulting the holiday season, it yanked the video down from YouTube.

In a recent podcast interview, billionaire Elon Musk expressed mixed feelings about his time leading the Trump administration’s Department of Government Efficiency (DOGE), suggesting he likely would not repeat the experience.

Microsoft has announced plans to invest $17.5 billion in India over the next four years, focusing on the country’s rapidly growing data center market. Meanwhile in the United States, the software giant is laying off Americans, importing H-1B visa workers, and cozying up to the Chinese government.

Real wage gains offer relief on affordability.

On Tuesday’s edition of CBS’s “The Takeout,” Agriculture Secretary Brooke Rollins said that when the liberation day tariffs were announced, there were plans to have a bailout for farmers like there was due to the fallout from China phase 1

On Tuesday’s broadcast of CNN’s “Laura Coates Live,” Kentucky Gov. Andy Beshear (D) responded to criticism of the Biden administration on the economy by saying that the Biden administration “was attempting to build the economy of tomorrow, investing in really

On Tuesday’s broadcast of CNN’s “Laura Coates Live,” Kentucky Gov. Andy Beshear (D) said that “we used to say that a president can’t impact the economy that much” but now we know that isn’t true because of the state of

President Donald Trump lauded Treasury Secretary Scott Bessent as “our savior” to cheers from the crowd during his speech in Mount Pocono, Pennsylvania, on Tuesday.

President Donald Trump touted strong economic numbers for Pennsylvania to kick off his speech in Mount Pocono, Pennsylvania, on Tuesday night.

The conservative movement in America is now decisively in favor of tariffs.

Rep. Jasmine Crockett (D-TX) filed paperwork to run for Senate in Texas on Monday, right ahead of the deadline. After weeks of teasing a potential run, she made it official: One of the left’s most vocal Trump critics claims she needs a “bigger voice.”

Despite the fact that his governance has plunged the former Golden State into a Failed State, Gov. Gavin Newsom (D-CA) is enjoying a surge in popularity due to the success of his unconstitutional redrawing of his state’s congressional districts.

Job openings unexpectedly rose in recent months, climbing to 7.7 million in October, according to data released Tuesday by the Bureau of Labor Statistics. Openings were last reported at 7.2 million in August, according to a report released on September

A startling new study has revealed that 25 percent of teens surveyed in England and Wales are turning to AI chatbots for mental health support. This is especially concerning in the light of multiple lawsuits claiming that ChatGPT and other chatbots directly contributed to the suicides of young people who turned to the systems for help.

Nicaragua is set to pay $2 billion in interest to China for the multiple predatory debt trap loans it has signed with the Chinese communist regime, the newspaper Confidencial reported Monday.

Speaking at an international forum in Beijing on Tuesday, Chinese Premier Li Qiang blamed tariffs – implicitly President Donald Trump’s tariffs – for dealing a “severe blow” to the world economy.

President Donald Trump has announced that the United States will allow tech giant Nvidia to sell its second-most powerful AI chips to “approved customers” in China and other countries, with the condition that the U.S. government receives a 25 percent share of the sales revenue.

President Donald Trump is refusing to pick a side in the escalating bidding war between Paramount Skydance and Netflix to purchase Warner Bros. Discovery.

Some Cracker Barrel customers say its menu items are not what they used to be, the news coming after the controversy over the chain’s logo.  

The European Commission has launched an investigation into whether Google has breached EU competition rules by using web publishers’ content for AI purposes without appropriate compensation.

President Donald Trump blasted Mexico for “stealing America’s water.” He announced a five percent tariff on Mexican imports after the country failed to honor its treaty obligations, vowing to force compliance and promising Texas farmers that “relief is coming.”

President Donald Trump’s approval moved up to 41 percent in the past week as Republicans applauded his handling of fundamental living costs, a sign the administration’s new focus on everyday concerns is driving his popularity, according to a new Reuters/Ipsos poll released Tuesday.

On Monday’s broadcast of the Fox News Channel’s “Special Report,” Fox News Chief Political Analyst Brit Hume stated that President Donald Trump’s farm payments are “a government program to try to bail out farmers who are hurt by his other

A bill introduced by Sen. Mike Lee (R-UT) and Rep. August Pfluger (R-TX) would bar the United Nations and its affiliates from imposing any taxes, tariffs, or fees on Americans or their businesses, unless such measures are part of a treaty approved by the Senate, in an effort to block proposed global carbon tax schemes.

On Monday’s broadcast of CNN’s “The Lead,” Sen. Roger Marshall (R-KS) stated that, for farmers, “These tariffs have created some short-term pain, but we also think they’re creating long-term gain” through trade agreements and “there is still supply chain disruption,

President Donald Trump announced Monday with Agriculture Secretary Brooke Rollins that his administration will use $11 billion of tariff revenue to economically aid the nation’s farmers.

Sen. Elizabeth Warren (D-MA) has sounded the alarm over alleged “quid pro quo” arrangements after many tech companies donated to renovating the White House ballroom; yet the Massachusetts progressive received nearly $2 million from tech platforms over her political career.

Until very recently, there was lots of talk on Wall Street and among Federal Reserve officials of the danger of inflation expectations becoming “unanchored” due to tariff-induced price increases.

JPMorganChase CEO Jamie Dimon on Sunday discussed how he supports reform to change rules around “debanking” when asked about Trump Media’s loss of banking services.

Consumer inflation expectations held steady in November while perceptions of job security reached their strongest level of the year, according to the Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations released Monday.

President Donald Trump holds a roundtable discussion at the White House as he is expected to announce a $12 billion aid package for American farmers.

The average price for a gallon of unleaded gasoline in the United States dipped again this week, now standing at under $3 per gallon, according to an update from GasBuddy.