News
GDP increases by 1.4% in fourth quarter, below estimates
2+ hour, 1+ min ago (133+ words) The Commerce Department announced Friday the U.S.'s gross domestic product rose by 1.4% in the fourth quarter " below the Dow Jones estimate for a 2.5% gain. Government spending dropped significantly in a quarter that included a record-length shutdown, while consumer spending increased…...
Trump tours Georgia steel mill as industry surges under Trump tariffs
2+ hour, 1+ min ago (288+ words) The Coosa mill trip visit represented a moment for Trump to highlight not just the success of the tariffs, but his efforts to reindustrialize the United States. Trump tours Georgia steel mill as industry surges under Trump tariffs The Coosa…...
Trump says US trade deficit decreased by 78% due to tariffs
1+ day, 11+ hour ago (131+ words) "THE UNITED STATES TRADE DEFICIT HAS BEEN REDUCED BY 78% BECAUSE OF THE TARIFFS BEING CHARGED TO OTHER COMPANIES AND COUNTRIES," President Trump said "THE UNITED STATES TRADE DEFICIT HAS BEEN REDUCED BY 78% BECAUSE OF THE TARIFFS BEING CHARGED TO OTHER…...
Kevin Hassett says Federal Reserve researchers should face punishment for flawed tariff analysis
2+ day, 1+ hour ago (614+ words) "What they've done is they've put out a conclusion, which has created a lot of news that's highly partisan based on analysis that wouldn't be accepted in a first-semester econ class," Hassett said. Kevin Hassett, director of the National Economic…...
Trump manufacturing chief debunks Democratic talking point on tariffs
1+ week, 2+ day ago (290+ words) Navarro declared that the biggest Democratic "lie" about the tariffs harming a "blue collar revival," was false because the Institute for Supply Management's (ISM) manufacturing index for January showed that manufacturing was expanding. Peter Navarro, who is President Donald Trump's…...
US economy added 130,000 jobs in January, exceeding Wall Street expectations
1+ week, 2+ day ago (182+ words) The Dow Jones consensus estimate was that 55,000 jobs would be added. US economy added 130,000 jobs in January, exceeding Wall Street expectations The Dow Jones consensus estimate was that 55,000 jobs would be added. The Labor Department on Wednesday reported the U.S. economy…...
U.S. added nearly $700 billion to national debt in four months, congressional budget office warns
1+ week, 4+ day ago (335+ words) Alarming number further heightens the risk America will experience some kind of financial crisis unless deficits are tamed, Committee for a Responsible Federal Budget's Maya MacGuineas says. The U.S. government added $696 billion to the national debt over the past four months,…...
Trump signs order boosting Argentinian beef imports as part of new trade deal
1+ week, 6+ day ago (170+ words) President Donald Trump issued a proclamation Friday that quadruples the amount of beef imported into the U.S. from Argentina under a new trade deal that allows an additional 80,000 tons to be imported through 2026. The new imports will come into the United…...
Job openings hit lowest since 2020, down by nearly 1 million in 2025: BLS
2+ week, 1+ day ago (115+ words) Job openings hit 6.5 million in December The number of job openings hit the lowest reported since 2020, down by nearly 1 million, according to the Bureau of Labor Statistics on Thursday. Job openings hit 6.5 million in December, which was down by 966,000 over…...
How Trump's MAHA movement unexpectedly took a bite out of food price inflation
2+ week, 2+ day ago (718+ words) When PepsiCo announced this week that it was cutting prices on some of its most popular brands like Lay's, Doritos and Cheetos, it offered fresh evidence of how President Donald Trump's Make America Healthy Again (MAHA) movement has created unconventional…...