News
'Literally a lie': Economist thrashes Trump's 'best story' about the economy
2+ hour, 2+ min ago (239+ words) A prominent economist thrashed President Donald Trump's "best story" about the U.S. economy during a new interview on Sunday. Last week, Trump claimed that he had "won affordability" during a speech in Rome, Georgia. But that claim appears to contradict the…...
Economist calls out Trump while dropping stark warning about US dollar: 'Will happen soon"
3+ hour, 44+ min ago (324+ words) An economist said on Sunday that Donald Trump was wrong to claim he "can destroy the economy of any foreign country" using various trade embargos. Peter Schiff, a financial commentator and radio personality who has been raising alarms about America's…...
Nobel-winning economist breaks down 'vicious circle' US must break 'before it's too late"
2+ day, 9+ hour ago (365+ words) An award-winning economist has broken down what the US must do to course-correct on the economy before it is too late. He wrote, "It's clear that by any reasonable standard the extremely rich pay much less than their share in…...
Trump adviser demands Fed economists be 'disciplined' for arguing with presidential tactic
4+ day, 7+ hour ago (243+ words) President Donald Trump's longtime economic adviser Kevin Hassett suggested on CNBC Wednesday that the economists at the New York Fed who produced an analysis revealing 90 percent of Trump's tariffs are paid by U.S. companies and consumers, should face punishment of some…...
Economist gives Trump 'basic economics' class: 'Neither Trump nor his advisors understand"
1+ week, 6+ min ago (182+ words) A new study showed that 90% of Donald Trump's tariffs are paid by Americans, and an economist delivered to the president a "basic economics" lesson. Peter Schiff, a financial commentator and radio personality who has been raising alarms about America's affordability…...
An economic tidal wave is heading straight for America
1+ week, 4+ day ago (1276+ words) May I be candid with you about the U.S. economy? It's growing nicely, and the stock market has soared. But on what really counts to most Americans " jobs and wages " it's sh---y. The Bureau of Labor Statistics reported this morning that…...
Chief economist gives grim prediction about new Trump threat: 'Crisis will get worse"
2+ week, 9+ hour ago (205+ words) Donald Trump's latest economic threat will backfire, according to an economist who said that, if the president follows through, a major crisis will be heightened. Peter Schiff, a financial commentator and radio personality who has been raising alarms about America's…...
January layoffs highest since Great Recession: analyst
2+ week, 3+ day ago (220+ words) Layoffs hit their highest total last month since the Great Recession nearly two decades ago, according to a new analysis, and employers don't look to be adding jobs soon. U.S. employers announced 108,435 layoffs for January, up 118 percent from the same period…...
'All of this for what?' WSJ gives Trump a brutal economics lesson
2+ week, 3+ day ago (245+ words) The Wall Street Journal editorial board took a bird's-eye assessment of President Donald Trump's tariff system on Wednesday and concluded the effects have overwhelmingly damaged the U.S. economy, American businesses, and American workers. This follows Trump printing his own opinion piece…...
Trump's 'crowing' about the impact of his tariffs misses a key point: Nobel economist
3+ week, 1+ hour ago (306+ words) President Donald Trump loves to claim that he proved economic experts wrong with his tariff regime, but one Nobel-winning economist pointed out on Sunday that the president's argument is missing one key point. Since the beginning of Trump's second term,…...