News
Trump Administration Announces New Year Adjustments to Certain Tariffed Imports
3+ hour, 48+ min ago (571+ words) On Wednesday, the Trump administration announced the loosening and delay of tariffs on certain imports." According to Marketplace, Italy exported more than $700 million dollars worth of pasta to the United States in 2024, but because the pasta makers have been playing…...
Fed Chair Ignores Trump's Blistering Criticisms, Goes His Own Way on Interest Rates
6+ mon, 1+ week ago (424+ words) Donald Trump unloaded on Federal Reserve Chairman Jerome Powell Wednesday, mocking his mental capacity and imploring him to reduce interest rates. In a move sure to tick off the president, however, the Fed refused to budge once again. The Federal…...
White House Touts Biggest Blue-Collar Wage Increase in 6 Decades: 'We're Just Getting Started"
6+ mon, 2+ week ago (427+ words) Although the Israel-Iran conflict shows no signs of abating and Russia and Ukraine are still at war, the Trump administration nevertheless had some good domestic news on the economy to share Tuesday. In a statement on the White House website,…...
Winning: May Inflation Numbers Are In
6+ mon, 2+ week ago (286+ words) President Donald Trump can rightly call this "Winning Wednesday," as, in addition to the positive news regarding a trade deal struck with China, the May inflation numbers are out, and they're " drum roll " "lower than expected."" Consumer prices rose less…...
Small Businesses Aren’t Hiring - Because Big Cronyism Is Murdering Them
7+ mon, 3+ week ago (810+ words) By Seton Motley The evolution from capitalism to cronyism bears some distinct markers. Perhaps chief amongst them is the ever-increasing domination of'everything by the biggest of Big Businesses. " In the Cronyism Economy, small businesses shrivel up and die " because they…...
The Human Cost of Offshoring Manufacturing: Suicide, Drugs, Poverty
8+ mon, 3+ week ago (684+ words) The current debate over tariffs and trade is primarily a policy and economic debate, but we shouldn't overlook the human cost of the last few decades, when we have offshored so much of our industrial base. We used to be…...
An Economist's Take on Tariffs: They May Be Bad, But Income Taxes Are Worse.
8+ mon, 4+ week ago (710+ words) Walter Edward Block is an economist. He's not just any economist, either; he is a self-professed anarcho-capitalist, which term describes the free-est free traders that ever free traded. He holds the Harold E. Wirth Eminent Scholar Endowed Chair in Economics at…...