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Rosy Trump prediction obliterated as analysts pop his balloon with grim reality
1+ week, 5+ day ago (362+ words) President Donald Trump's boast that cheaper gas is just around the corner after his energy deal with Venezuela didn't last long at all. According to a report from The Washington Post, energy industry analysts and experts in oil extraction are…...
Household staple under threat after Trump's tariffs wipe away Canadian goods: report
2+ week, 4+ day ago (47+ words) toilet paper and hundreds of other American goods.The news was reported by The Daily Beast on Wednesday.Canadian...
'Perfect storm': Rage mounts as inflation slaps red state famed for affordability
1+ week, 3+ day ago (1333+ words) In a state once considered one of the most affordable places in the country, candidates have popped up at barbershops and in voters’ homes vowing to tackle a new problem for Texas: its cost-of-living woes.In ads, they’re holding bags…...
Wild gaffe as Trump threatens to unleash military on sluggish bond market
3+ week, 1+ day ago (51+ words) President Donald Trump on Friday answered a reporter's question about calming the turbulent bond market by saying he'll use military force.Trump was asked whether he had spoken with Treasury Secretary Scott Bessent about "another type of intervention" after bond…...
Trump triggers "frightening sign" as billions in gold flee New York vaults: expert
1+ week, 2+ day ago (49+ words) Fears that President Donald Trump could freeze foreign assets are driving billions in gold out of New York's vaults, an economics journalist warned.In a Thursday article for The Bulwark, economics editor and columnist Catherine Rampell described the gold retreat…...
Giant Trump fumble comes with $100 billion price tag that Americans pay: analysis
6+ day, 9+ hour ago (58+ words) President Donald Trump's ongoing war in Iran is costing Americans $1 million every two minutes in higher energy prices, according to a Brown University analysis. That's a total of $100 billion in added costs. "Yes," Brown University confirms to its viewers, "that's…...
Trump official trolled as Labor Day pledge crashes and burns: 'That's not three bucks"
6+ day, 4+ hour ago (50+ words) A bold Labor Day prediction made two months ago by Treasury Secretary Scott Bessent was dredged up Monday and trolled by a smirking MS NOW host.Peter Alexander repeatedly shared a clip of the self-assured member of President Donald Trump’s…...
Tanking economy spurs stunning conclusion from analyst: Trump's doing it 'deliberately"
2+ week, 4+ day ago (365+ words) President Donald Trump's economic record has been so bad that one analyst concluded he must have wrecked it on purpose. Rather than resulting from external shocks, the 80-year-old president's economic struggles stem largely from his own administration's decisions, MS NOW's…...
Bond vigilantes call Scott Bessent's bluff after failed fix turns into 'five-alarm fire"
1+ week, 4+ day ago (366+ words) Two news anchors reacted with alarm to the global bond selloff and mocked the Trump administration's...
Fed Chair dodged growing turf war with Scott Bessent's Treasury: expert
2+ week, 1+ day ago (45+ words) Federal Reserve Chair Kevin Warsh delivered a much-anticipated policy speech and said almost nothing, which economics columnist Catherine Rampell says was the point.During a Friday morning speech in Jackson Hole, Wyoming, Warsh warned that inflation remained "still worrisome" and…...