News
US Economy Expands 4.3 Percent in 3rd Quarter, Topping Expectations
2+ hour, 5+ min ago (546+ words) Robust consumer spending and a rebound in exports helped the U.S. economy grow faster than economists expected, according to delayed Bureau of Economic Analysis data released on Dec. 23. Real GDP expanded at a rate of 4.3 percent in the third quarter, up…...
Countries Build Up Gold Reserves Amid Geopolitical Tensions
16+ hour, 33+ min ago (23+ words) Countries around the world have been stockpiling gold for their reserves amid growing geopolitical tensions. Countries Build Up Gold Reserves Amid Geopolitical Tensions...
Cut Your Debt in 2026 With These Smart Money Moves
2+ day, 14+ hour ago (411+ words) According to the New York Federal Reserve, total U.S. household debt increased by $197 billion (1 percent) in Q3 2025, to $18.59 trillion. Too many American households continue to pile on debt heading into 2026, with no end in sight. According to the New York Federal Reserve,…...
2.7 Percent Inflation Rate Is Likely an Outlier: Economist
4+ day, 16+ hour ago (53+ words) Joseph Trevisani, economic and currency analyst, discussed inflation and President Donald Trump's economic policies. President Donald Trump addressed the economy on Wednesday night, touting his policies and saying things are better than they were under former President Joe…...
Weekly Jobless Claims Decline as US Labor Market Stabilizes
4+ day, 18+ hour ago (263+ words) The number of Americans filing for first-time unemployment benefits declined for the week ending Dec. 13, signaling employment conditions are broadly stable. Economists had projected a reading of 225,000. The four-week average, which strips out week-to-week volatility, was little changed at 217,500. An…...
Trump Says Next Fed Chair Will Believe in Lower Interest Rates 'By a Lot"
5+ day, 2+ hour ago (52+ words) President Donald Trump said on Wednesday that the next chairman of the Federal Reserve will be someone who believes in lower interest rates "by a lot." President Donald Trump said on Wednesday that the next chairman of the Federal Reserve…...
Inflation Cools to 2.7 Percent in November, Lower Than Expected
5+ day, 7+ hour ago (46+ words) Christmas decorations for sale in Bethesda, Md., on Nov. 28, 2025. (Madalina Kilroy/The Epoch Times) This is the first CPI report since the 43-day government shutdown. As a result, the one-month percent changes will not be included because the October numbers are…...
Economist: ‘Extremely Optimistic’ About Future of US Economy
6+ day, 16+ hour ago (60+ words) Michael Busler, economist, public policy analyst, and professor of finance at Stockton University, speaks to NTD during an interview released on Dec. 16, 2025. (NTD) The latest jobs report shows the U.S. economy added 64,000 jobs in November. NTD spoke to Michael Busler, economist,…...
Bessent Forecasts ‘Substantial’ Tax Refunds, Real Wage Increases Next Year
6+ day, 22+ hour ago (428+ words) Treasury Secretary Scott Bessent said on Monday that an increase in Americans" tax refunds would enable the United States to "go back to the kind of economy that we had." "They will get an increase in real incomes. So I…...
FED Independence Is Important, White House Adviser Hassett Says
1+ week, 4+ hour ago (160+ words) White House economic adviser Kevin Hassett, one of President Donald Trump's top contenders to lead the Fed, said the independence of the central bank was important, amid concerns he might be too close to the president. "The Federal Reserve's independence…...