Economy - Page 37

A report published on Tuesday by the AidData research lab at William & Mary university in Williamsburg, Virginia, found that the United States is the largest recipient of loans from China.

Cloudflare brought major portions of the internet to its knees on Tuesday morning, causing  widespread service disruptions for Elon Musk’s X and a wide range of websites, apps, and even video games. The company now admits the failure was completely its own fault due to a programming mistake.

On Tuesday’s edition of NBC’s “Meet the Press Now,” Agriculture Secretary Brooke Rollins stated that she thinks the prices of goods like coffee, bananas, and tomatoes will fall “within, I’d say, a few weeks, to a few months” now that

Millions of native-born Americans at their prime working age remain out of the nation’s labor market, new analysis details. 

The Federal Reserve spent 2025 worried about the wrong problem, mistakenly holding back on rate cuts out of fear that Trump’s tariffs are an inflation threat.

States across the country have potentially illegally issued about 194,000 Commercial Driver’s Licenses (CDLs) to foreign truck drivers who would not meet English language standards set by the Department of Transportation (DOT), Secretary Sean Duffy reveals.

After Tesla shareholders approved a pay package that will pay Elon Musk a trillion dollars over ten years, the far-left Washington Post required two bylines to publish a 14-line piece having a brain hemorrhage over it.

A majority of Democrats have a favorable view of socialism, a weekly survey from the Economist/YouGov revealed.

Year-t0-date, factory orders are up a solid 3.3 percent compared with the January through August period a year earlier.

The CEO of AI startup Anthropic, Dario Amodei, has cautioned that artificial intelligence companies must be open and honest about the potential dangers posed by their products, or risk repeating the mistakes made by Big Tobacco and opioid companies.

Google CEO Sundar Pichai has cautioned that while the current surge in AI investment represents an “extraordinary moment,” there are also some elements of “irrationality” in the AI boom.

“While underlying demand in the business remained relatively stable sequentially, an expected increase in demand in the third quarter did not materialize,” CEO Ted Decker said in the company’s earnings announcement.

A major outage affecting Cloudflare’s Global Network has led to widespread internet disruptions, impacting popular platforms like Elon Musk’s X, ChatGPT,and even Downdetector, the first place people look to understand internet outages.

Farage responded to the UK’s left-wing govt conceding action needed on illegal immigration by immediately pulling the Overton Window further.

The White House is touting a decline in the number of foreign students enrolled in U.S. colleges amid the public’s growing realization that many U.S. employers prefer to hire cheap foreign graduates instead of skilled American professionals.

America’s dependence on foreign drug ingredients is a national security and safety issue that is hiding in plain sight.

President Donald Trump said Monday that his hoarse voice is a result of yelling at people “because they were stupid” on a trade issue.

President Donald Trump speaks at the McDonald’s Impact Summit to discuss jobs and the economy on Monday, November 11.

A new paper from the Federal Reserve Bank of San Francisco suggests that the economic establishment’s narrative that tariffs drive up inflation is wrong.

Renaissance Macro economist Neil Dutta says the Federal Reserve is on the verge of making a serious policy mistake as various officials drift toward keeping rates steady instead of cutting next month.

The Census Bureau reported that construction outlays reached an annualized pace of $2.17 trillion, up 0.2 percent from July’s revised $2.165 trillion figure. The result beat economist expectations for a 0.2 percent decline.

Google CEO Sundar Pichai, joined by Texas Governor Greg Abbott (R), has announced a massive $40 billion investment in the state, which includes the construction of three new data centers in West Texas and the Panhandle.

Sens. Bill Hagerty (R-TN) and Angela Alsobrooks (D-MD) introduced legislation that would seek to empower Main Street banks and credit unions by boosting their deposit insurance coverage for noninterest-bearing transaction accounts.

Elon Musk’s Tesla will exclude China-made components from its cars manufactured in the United States. The move is designed to address escalating trade tensions and geopolitical risks

Manufacturing activity surged across New York State in November, with a key Federal Reserve survey showing unexpected strength as business conditions hit their best level since last November and manufacturers expressed confidence about the months ahead.

Apple’s board and senior executives are ramping up preparations for CEO Tim Cook’s potential departure, with hardware engineering chief John Ternus emerging as the leading candidate to succeed him. Cook, famously nicknamed “Tim Apple” by President Donald Trump, could step down as early as next year.

Sen. Joni Ernst (R-IA) on Monday introduced legislation that would prevent the abuse of government contracts, after hundreds of millions of dollars went to bribery schemes over several decades.

Boeing landed a multi-billion dollar deal Monday with Emirates for the supply of 65 additional Boeing 777-9 aircraft on the opening day of the 2025 Dubai Airshow.

Treasury Secretary Scott Bessent predicted that the United States will see a “substantial acceleration” in the economy in the first or second quarter of 2026.

A former Federal Reserve governor who retired in August listed several stock trades in her financial disclosure documents for 2024 that violated the central bank’s ethics rules. The transactions are outlined in a report released Saturday by the U.S. Office

On Friday’s broadcast of NewsNation’s “The Hill,” Rep. Beth Van Duyne (R-TX) stated that inflation has increased since the “Liberation Day” tariffs partially due to uncertainty about trade agreements as people waited to see what happened. Host Blake Burman said

Brazil’s Vice President Geraldo Alckmin says Brazilian goods like coffee, beef and tropical fruits will still face a 40% tariff in the U.S. This comes despite President Donald Trump’s decision to remove some import taxes.

Even establishment GOP darling Nikki Haley is opposed to President Donald Trump’s endorsement of educating 600,000 Chinese students in American universities.

Rep. Shomari Figures (D-AL) is acknowledging those angered that Democrat Senators caved to Republicans to reopen the government.

Chinese state-sponsored hackers have tricked Anthropic’s AI technology to help create highly automated break-ins targeting major corporations and foreign governments, according to the Artificial intelligence company.

A federal judge has ruled that Elon Musk’s X Corp. and xAI can move forward with their lawsuit against Apple and OpenAI over anticompetitive practices in the AI industry.