Economy - Page 34

President Trump has floated the idea of sending $2,000 checks to most Americans, funded by tariff revenue.

British Prime Minister Sir Keir Starmer desperately tried to defend the future of his government on Monday morning amid accusations that Chancellor Rachel Reeves lied to the public over a supposed budget “black hole” to justify hiking taxes to expand welfare handouts.

Americans are finally seeing relief at the gas pump. Gasoline prices across the U.S. fell to the lowest national average since May of 2021, according to the American Automobile Association. The driver’s club says that on Monday, the national average

The United States Department of Agriculture (USDA) is slated to review “ALL” its programs to ensure only legal citizens are receiving benefits, USDA Secretary Brooke Rollins emphasized on Monday.

Two closely watched surveys of U.S. manufacturing activity painted sharply divergent pictures in November, with one showing continued expansion and the other reporting accelerating contraction.

Famed investor Michael Burry, known for his successful bet against the housing market in 2008, has set his sights on Elon Musk’s Tesla, calling the electric vehicle maker “ridiculously overvalued” in a recent blog post. Burry has emerged as a sharp critic of big tech, targeting Nvidia as well as Google and Meta with recent articles.

Michelle Ritter, a 31-year-old tech entrepreneur and former mistress of Democrat mega-donor and ex-Google CEO Eric Schmidt, has accused the billionaire of rape, surveillance, and other abuses in a Los Angeles County Superior Court filing.

Retail sales jump 4.1% as consumers show spending power amid falling inflation.

A proposed law that would dictate nonprofit organizations have the first opportunity to buy residential buildings in New York City is being blasted as “Stalinesque legislation” that would push the Big Apple into a “communist dystopia.”

On Friday’s broadcast of the Fox News Channel’s “Fox & Friends,” Small Business Administration Administrator Kelly Loeffler stated that she believes eliminating the corporate payroll tax is “a fantastic idea.” Co-host Emily Compagno asked, “May I have a quick, quick

On NewsNation on Friday, former Trump Economic Adviser Stephen Moore praised the current economy and expressed confidence for things going forward into 2026, but stated that “it is true that the job market has softened.” Moore began by saying that

UK finance minister “on the brink” just days after delivering national budget over what have been called “smoke and mirrors” and “tax lies”. 

President Donald Trump late Thursday said that the United States may “almost completely” eliminate the income tax due to the rising tariff revenue.

A record number of Americans say they plan to shop this weekend and holiday sales are expected to hit a record high.

Tesla’s sales in China dropped to a three-year low in October, raising concerns that Elon Musk’s EV giant could face its first full-year sales decline in the communist country.

In the wake of Washington DC and Seoul signing a joint factsheet meant to reset trade tensions and stop discriminatory treatment of U.S. tech companies in South Korea, a pair of powerful Korean officials are already signaling they may torpedo the entire agreement — all to advance burdensome, one-sided tech regulations that overwhelmingly target American firms while giving Korean and Chinese tech giants a free pass.

A rising star in the field of economics has fallen from grace after his highly influential research on the impact of AI in the workplace was called into question, leading to an investigation by MIT.

Napster, the legendary peer-to-peer filesharing site that sparked a music pirating controversy in the early days of the internet before a recent evolution into an AI firm, has announced a stunning revelation to its shareholders. The $3.36 billion investment from a never-identified investor, which had been touted as a done deal in January, is never going to materialize.

Americans have been very patient while the federal government’s “Immigration Policy has eroded [civic] gains and living conditions for many,” President Donald Trump declared in a Thanksgiving Day statement on Truth Social as he promised to deport many more migrants.

Cook County, Illinois, is making its guaranteed basic income program permanent after launching it as a pilot program in 2022 with the help of federal COVID-19 relief funds.

The Campbell’s food company has fired an executive who allegedly called the company’s product “sh-t for f—cking poor people,” Fox Business reported.

Americans are holding onto their smartphones and other devices longer than ever, but researchers claim this trend comes with a hidden cost to the economy.

Folotoy, the company behind the AI-powered Kumma teddy bear, temporarily ceased sales of the product in response to backlash over safety concerns raised by researchers. The bear’s AI chatbot was proven to instruct children on how to start fires, find knives in their homes, and how to locate prescription drugs. The Company claims the teddy bear now has stronger child protections in place.

The real origin of our Thanksgiving tradition lies buried in Americas historical archives, in a sermon that was almost entirely forgotten.

Reform launches campaign day after Reeves published budget, with Farage warning of a crisis so great it could collapse the government.

The Plymouth Colony’s survival depended on two linked transformations that echo loudly in today’s economic debates: abandoning collectivism for private property and severing dependence on imports in favor of domestic production.

Texas has invested $5 million in a bitcoin ETF as an initial move toward establishing the first state-based crypto reserve in the U.S.

Elon Musk recently acknowledged that other automakers are not interested in licensing Tesla’s “Full Self-Driving” technology, despite his previous claims of ongoing discussions and potential deals. The National Highway Traffic Safety Administration (NHTSA) is currently investigating Tesla’s “Self-Driving” feature for dangerous actions like running red lights, while some owners have reported their Tesla EVs fail to detect trains at railroad crossings.

Cracker Barrel CEO Julie Masino said she feels like she was “fired by America” after receiving backlash for the restaurant chain’s sterile remodeling design. 

The leftist Labour Party government in Britain announced £26 billion in tax hikes as a part of its autumn budget, which will take the tax burden to an all time high over the next five years.

Demand for key capital goods made in America soared in September, with orders and shipments soaring, an indication that the pace of economic growth picked up in the third quarter. Orders for non-defense capital goods orders excluding aircraft, considered a

HP has unveiled a sweeping restructuring plan that includes cutting up to 10 percent of its employee headcount by the end of fiscal year 2028 as part of the company’s strategy to accelerate innovation and drive productivity through the adoption of AI. 

Despite plenty of headlines about layoffs, American companies are not letting go of many workers.

British farmers were seen being arrested as thousands descended on Westminster on Wednesday morning to protest the leftist Labour Party government’s inheritance tax raids.

President Donald Trump is using the nation’s multiple visa programs to encourage foreign investment, but not to replace Americans, White House spokeswoman Karoline Leavitt said Monday.