News
'It's food, Stephen!' Pro-Trump economist says wife 'really angry' over grocery prices
2+ hour, 16+ min ago (193+ words) Conservative economist Stephen Moore, a former adviser to President Donald Trump, admitted that his wife returns from the grocery store "really angry" about food prices. During a Tuesday appearance on "The Charlie Kirk Show," a viewer emailed in to complain…...
Nobel Prize winner frets that Trump's sent economy into chaos: 'Nobody knows what's next"
6+ hour, 50+ min ago (306+ words) A Nobel Prize winner has suggested "nobody knows what's next" for the economy under Donald Trump's administration. The president has struggled to tackle the cost-of-living crisis, prompting Paul Krugman to point out that the economy under Trump is hard to…...
Trump touts low inflation, but economists warn data gaps cloud the picture
5+ day, 14+ min ago (194+ words) President Donald Trump hailed a dip in inflation to 2.7 percent shown in latest government data, the lowest since July, but economists caution the figures may be misleading. Data gaps caused by the federal government shutdown left key categories like food,…...
'So much is missing': Inflation report shows good news — but economists say not so fast
5+ day, 14+ hour ago (324+ words) President Donald Trump got a rare bit of good economic news on Thursday, as the latest Bureau of Labor Statistics report indicated a cooling down of inflation to a year-on-year value of 2.7 percent " the lowest it has been since July....
Economist warns new jobs data shows stalled economy and rising recession risk
5+ day, 22+ hour ago (270+ words) A grim new jobs report points to mounting economic trouble under the Trump administration, University of Michigan economist Justin Wolfers warned Tuesday. He said unemployment has climbed to 4.6 percent, while wage growth weakens and earlier job gains appear poised for…...
These dismal numbers don't lie: Trouble is coming for Trump
6+ day, 2+ hour ago (224+ words) The Bureau of Labor Statistics " which can still be trusted! " reported this week that just 64,000 jobs were added to the economy in November. That's not enough to keep up with the number of people looking for jobs. Hence, the jobless…...
Backfire as Trump's cash giveaway expected to accelerate economy's plunge: NYT
6+ day, 6+ hour ago (151+ words) President Donald Trump is weighing ideas to distribute stimulus to voters as the public sours on his handling of the economy " but not only do economists not believe this will solve the underlying problems, it could actually backfire on Trump…...
'Some renaissance': WSJ editorial board roasts Trump's latest economic report
6+ day, 18+ hour ago (194+ words) The Wall Street Journal's conservative editorial board bashed President Donald Trump's favorite economic policy on Tuesday after the Bureau of Labor Statistics released its latest job market update. The latest data showed that the economy created 64,000 net new jobs in…...
Expert startled by new Trump economy figures: 'Recession is imminent"
6+ day, 18+ hour ago (203+ words) The newest jobs report, insofar as the Trump administration has released any data so far, spells trouble ahead for the country, University of Michigan economist Justin Wolfers told MS NOW's Katy Tur on Tuesday afternoon. The revisions of prior months,…...
Trump refuses to share pre-holiday inflation report — first skipped month in 12 years
2+ week, 21+ hour ago (191+ words) The Bureau of Labor Statistics won't be publishing a delayed report on wholesale price inflation this month. The federal agency will skip the postponed October report on the Producer Price Index and instead roll those figures into November's report, which…...