News
What Trumpian Chaos Is Doing to the Dollar
2+ mon, 2+ week ago (621+ words) The role of the dollar is unlikely to be diminished in the immediate future, and its status as the global reserve currency is not currently under any serious threat. But the instability of the Trump administration could lead to a…...
Are We on the Brink of a Global Debt Crisis?
1+ week, 22+ hour ago (1327+ words) To understand the path the world economy is currently on, close your eyes and imagine the vaults beneath the Bank of England in London. Turkey's central bank holds $30 billion in gold reserves there, and right now is quietly seeking to…...
Fed Reserve Chair Says Trump's Policies Mostly to Blame for Inflation
3+ week, 5+ day ago (1709+ words) Federal Reserve Chair Jerome Powell once again confirmed the obvious'that President Trump's impulsive tariffs and his war on Iran are responsible for skyrocketing prices. "If you look at total core inflation, it's about 3 percent. And some big chunk of that,…...
The Historian Who Wants to Imagine an Alternative to Capitalism
4+ day, 16+ hour ago (220+ words) On November 5, 2008the nadir of that year's eponymous financial crisis Queen Elizabeth II visited the London School of Economics to celebrate the opening of a new building. In a moment that made headlines around the world, she asked her hosts about…...
The Next Financial Shock to Come From Trump's War With Iran
2+ week, 4+ day ago (292+ words) The New Republic Path two is hiking interest rates. But here, the Fed runs into the practical limits of America's $39 trillion national debt. The federal government is already spending over $1 trillion annually just to service its existing debt. Pushing rates…...
The Latest Economic Numbers Are Brutal for Trump
1+ mon, 10+ hour ago (10+ words) The New Republic...
How "Buy Now, Pay Later" Reveals the Weakness of the Trump Economy
1+ mon, 2+ day ago (14+ words) The New Republic...
Trump Officials Crash Out Defending His Tanking Economy
1+ mon, 1+ week ago (1791+ words) Trump administration officials scrambled Friday to explain away the latest horrendous jobs numbers, but couldn't conjure up more than blaming the weather or fake numbers. The Bureau of Labor Statistics reported earlier in the day that the U. S. job market had…...
Transcript: As Trump Goes Off Rails on Economy, Fox Bursts His Bubble
1+ mon, 1+ week ago (1490+ words) The following is a lightly edited transcript of the March 2 episode of the Daily Blast podcast. Listen to it here. Greg Sargent: This is The Daily Blast from The New Republic, produced and presented by the DSR Network. I'm your…...
Trump Tanked Job Growth to Almost Nothing in 2025
2+ mon, 3+ day ago (1799+ words) It's official: The jobless boom of Donald Trump's first year back in office was even worse than we originally thought. Previous estimations had suggested that 584, 000 jobs were created in 2025. Earlier this week, Donald Trump's economic adviser Peter Navarro suggested that…...