Economy - Page 3

The current consensus growth estimate of 2.1 percent for 2026 is almost certainly too low.

Analysts fear that the Nextflix acquisition deal with Warner Bros. is dragging the streamer’s stock down as stock value fell this week to a 52-week low.

President Trump’s attorneys filed a $5 billion — with a “B” — lawsuit against JPMorgan Chase and its CEO Jamie Dimon for “debanking” Trump in early 2021.

A Virginia state Democrat introduced a bill that would bar the state from verifying eligibility to receive federal taxpayer benefits.

Nvidia CEO Jensen Huang believes that the AI boom will generate high-paying positions for skilled trade workers constructing chip manufacturing plants, data centers, and related facilities.

The economy expanded at a faster pace than previously estimated in the third quarter of last year, the Department of Commerce said Thursday.

During an interview with CNBC aired on Wednesday’s “Closing Bell,” President Donald Trump remarked that the 10% credit card interest rate cap he supports “sounds like” something New York City Mayor Zohran Mamdani (D) came up with. Trump said, “[O]ne-year

Mass migration is terrible economics, President Donald Trump told an audience of Europeans at the World Economic Forum on Wednesday.

Business expectations have fallen all the way down to the Fed’s two percent target.

Turkey’s Competition Authority (RK, to use its Turkish acronym) raided the offices of Chinese online retailer Temu in Istanbul on Wednesday morning, performing a rather aggressive “on-site inspection” for reasons the RK did not make entirely clear.

There is little need for large-scale migration into the U.S. economy while productivity is being turbocharged by artificial intelligence, according to Larry Karp, CEO of the fast-growing Palantir Technologies.

Treasury Secretary Scott Bessent took aim at California Governor Gavin Newsom during a speech at the World Economic Forum this week, focusing on Newsom’s economic record, his presence in Davos alongside Alex Soros, and his handling of issues such as homelessness, budget deficits, and pandemic-era policies.

Hoping to reduce the loss of some $1 billion in fares, new gates installed in some New York City subway stations have instead become the subject of mockery online with videos showing riders easily defeating the barriers.

The European Parliament agreed to suspend the ratification process for the EU-U.S. trade deal in response to President Donald Trump’s threats to tariff eight countries for opposing the American acquisition of Greenland.

Canadian Prime Minister Mark Carney, fresh from toadying to the Communist dictatorship of China, slammed the United States in his address to the globalist World Economic Forum (WEF) in Davos, Switzerland on Tuesday.

The Supreme Court appeared to cast a skeptical eye on the Trump administration’s claim that it had the authority to dismiss Federal Reserve Governor Lisa Cook based on mortgage fraud allegations without giving her a formal hearing. But they also

Wednesday on CNBC’s “Squawk Box,” President Donald Trump’s AI and crypto czar David Sacks criticized California’s proposed wealth tax on billionaires.

Snap, the parent company of social media platform Snapchat has reached a settlement agreement in a major social media addiction lawsuit, avoiding what would have been the first trial testing claims that tech platforms deliberately designed products to addict young users.

President Donald Trump on Tuesday signed an executive order that prohibits Wall Street firms from purchasing single-family homes.

Salesforce Chief Executive Officer Marc Benioff is demanding government regulation of artificial intelligence technology after multiple documented suicide cases were connected to AI systems. In an interview, Benioff explained, “This year, you really saw something pretty horrific, which is these AI models became suicide coaches.”

New York’s Woke Metropolitan Opera is now facing layoffs and big budget cuts despite all the efforts to bring its finances back in line.

Nvidia CEO Jensen Huang is preparing to travel to China in advance of the Lunar New Year holiday as the company works to expand access for its AI processors in the communist country.

Netflix capped last year with another solid financial performance despite slowing subscriber growth that underscored the importance of its contested $72 billion bid to take over Warner Bros.’ movie studio and slot HBO Max into its video streaming line-up.

Michele Tafoya made a name for herself roaming stadium sidelines, but now she is ready to call the political plays.

President Donald Trump held a nearly two-hour-long White House press briefing Tuesday, on the one-year anniversary of his second inauguration. 

Wells Fargo is relocating the headquarters of its wealth management business to West Palm Beach, becoming the first major U.S. bank to base its wealth operations in Florida, the company confirmed Monday. The San Francisco-based bank signed a lease for

The overwhelming majority of households headed by Afghan immigrants, and with children in the home, are on one or more forms of taxpayer-funded welfare in the United States, newly released analysis reveals.

Just about the biggest question in trade economics today is who is paying for the tariffs.

Democratic politicians are inviting more federal intervention in Minnesota by excusing the church invasion that violated federal law and citizens’ rights, says lawyer Jonathan Turley.

AkademikerPension is not pulling out of U.S. assets. Instead, it is shifting into other dollar-denominated instruments, including dollars and short-dated securities issued by U.S. housing agencies and government-backed mortgage institutions.

When California was still a Golden State, the idea that movie and television production would film anywhere else was ludicrous.

Dario Amodei, the CEO of AI giant Anthropic, strongly opposes the United States’ decision to permit the sale of advanced AI chips to China, calling the move a serious national security mistake.

Elon Musk’s Tesla Cybertruck suffered the largest sales drop of any electric vehicle in the United States during 2025, with deliveries falling by nearly half compared to the previous year.

President Donald Trump worked at warp speed to “Make America Great Again” in his first year back in office, and the results, on countless fronts, have been bountiful.