During an interview with CBS News on Wednesday, Sen. Elizabeth Warren (D-MA) stated that “the topline numbers look good” in the economy but “if Donald Trump doesn’t change direction, he’s going to blow this economy up.” Warren said, “So, I’ll
The June Producer Price Index (PPI) delivered another blow to the inflation hawks who insist tariffs are driving up prices.
Prices paid to American businesses for goods and services held steady in June, defying predictions that tariffs would create inflationary presssures in the U.S. economy.
On Tuesday’s broadcast of NewsNation’s “The Hill,” Rep. Ryan Zinke (R-MT) said that tariffs ultimately have to lead to trade deals with the E.U. and China and “having tariffs out there, even though there’s more income coming into the Treasury,
On Tuesday’s broadcast of “NewsNation Now,” Rep. Henry Cuellar (D-TX) responded to a question on if Democrats can turn immigration into a winning issue for themselves in the 2026 midterm elections by stating that “Some of us, myself and other
On Tuesday’s broadcast of Newsmax TV’s “Rob Schmitt Tonight,” White House Senior Counselor for Trade and Manufacturing Peter Navarro stated that the June inflation number “was a good number” because “it was below expectations, which I think is the key figure.”
June’s CPI data showed what tariffs can do and what they haven’t done. They’ve jiggled a few prices, but they haven’t unmoored the economy.
Consumer prices continue to defy predictions that tariffs would create inflationary pressures.
On Friday’s “Alex Marlow Show,” host and Breitbart Editor-in-Chief Alex Marlow talked with Breitbart News economics editor John Carney about wage gains outpacing inflation.
In a recent series of Truth Social posts, the president made the case that the strength of the U.S. economy justifies lower interest rates.
President Donald Trump declared Thursday that the United States is officially “back” and called on the Federal Reserve to lower interest rates.
If you were wondering how Federal Reserve officials view Donald Trump’s tariff plans, the latest Federal Open Market Committee (FOMC) minutes make one thing perfectly clear: they all think tariffs are inflationary.
President Donald Trump has been on a serious winning streak nearly six months into his second term.
Andy Jassy, Amazon’s chief executive, said Monday that newly enacted tariffs on Chinese goods have not led to meaningful price increases on the company’s platform, joining a growing body of evidence suggesting that recent trade measures have not produced the
The Federal Reserve’s preferred inflation gauges showed underlying price pressures easing in May, reinforcing the case for interest rate cuts later this year as price growth continues to drift downward. The Personal Consumption Expenditures (PCE) price index, released Friday by
Durable goods prices—the category most directly exposed to international trade—were flat month-over-month, showing zero growth after a 0.5 percent gain in April.
Argentina’s annual Gross Domestic Product (GDP) growth stood at 5.8 percent during the first quarter of 2025, outpacing China, the National Institute of Statistics and Census of Argentina (INDEC) shockingly revealed this week.
Sen. Bernie Moreno (R-OH) tore into Federal Reserve Chair Jerome Powell during a tense Senate hearing accusing him of staying silent on Democrat-driven inflation while opposing President Trump’s trade policies and costing the U.S. government $400 billion a year.
The Fed chair once warned against using speculative forecasts to drive policy. Now he’s doing exactly that.
Fed chair tells lawmakers inflation could rise again due to Trump’s tariffs, keeping rate cuts on hold for now.
Bowman’s comments come just days after Fed Governor Christopher Waller also said he could support a July cut. T
The Federal Reserve announced definitively on Wednesday that President Trump’s tariff policies are forcing a more aggressive stance on inflation.
Retail sales fell in May, but beneath the surface, the picture of the American consumer remains solid—and in many categories, unexpectedly strong.
Pre-tariff measures show subdued cost pressures despite trade tensions.
Consumer sentiment soared in early June, rising for the first time in six months and posting its strongest monthly gain since January 2024, according to preliminary data released Friday by the University of Michigan. The university’s closely watched index of
Tariffs aren’t squeezing consumers. They’re squeezing foreign suppliers and protecting the American wage base.
Tariffs are not raising prices for final demand goods and services in the U.S., as another round of inflation data comes in softer than expected.
Real wages are rising. Prices are not. The economy is healing—not in theory or through tortured revisions, but in real-time and at the household level.
U.S consumer prices barely rose at all in May, the fourth straight month of mild inflation and a sign that the Trump administration’s tariffs have not raised prices on American households. The consumer price index, the government’s main inflation indicator,
Since Trump took office in January, the average price for a dozen eggs has plummeted from $6.49 on January 21 to just $2.52 today.
Over the past year, core prices are up 2.5 percent, the smallest year-over-year increase since March of 2021.
Japan’s economy contracted in the first quarter of 2025 – its first contraction in a year and a much worse showing than analysts expected.
On Wednesday’s broadcast of CNN’s “The Lead,” Sen. Peter Welch (D-VT) stated that while former President Joe Biden “had a good economic record,” “The fact that there was the Inflation Reduction Act and these other big bills wasn’t dealing with
Britain’s annual inflation rate charged upwards in April led by household energy and water bills, official data showed on Wednesday.
It’s axiomatic that if you follow a bad map, you will end up in a bad place. Such is the power of bad ideas, including the bad thinking that guided U.S. economic policymaking in the latter half of the 1960s and all through the 1970s.
April’s inflation reports were supposed to show the U.S. consumers were bearing the burden of President Trump’s new tariffs, but they didn’t.
Eggselent news!
Prices paid to U.S. producers of goods and services unexpectedly declined in April, defying predictions that tariffs would reignite inflation. The producer price index for final demand fell 0.5 percent last month, the Labor Department said on Thursday, the largest
Trump is keeping up the pressure on the Fed to cut rates.
April’s CPI came and went with no sign of the Trump administration’s new tariffs pushing up inflation.
