News
Trade deficit hit $901.5 billion in 2025, one of largest gaps recorded
2+ hour, 31+ min ago (934+ words) The full year trade deficit for goods and services was at $901.5 billion last year " one of the largest on record. While Trump has previously touted a decrease in the deficit using a few worth of data, economic experts say this…...
Companies begin raising prices as holiday pause ends
3+ day, 10+ hour ago (626+ words) The Global Privacy Signal that you have set in your device's browser has been recognized. Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies. After months of holding the line…...
The ‘golden handcuff’: 3% mortgages are now outnumbered by 6% payments
5+ day, 21+ hour ago (563+ words) After years of record-low mortgage interest rates, the share of U.S. homeowners with 6% mortgage rates officially surpassed the share with rates of 3% or lower. This is the first time this has happened since the start of the COVID-19 pandemic." About 21% of…...
A slowed inflation rate, higher costs at the supermarket: Trump’s second first year
4+ week, 1+ day ago (830+ words) A review of the 12-month inflation rate from the U.S. Bureau of Labor and Statistics showed that inflation both slowed and fell in President Donald Trump's first year of his second term. That same agency reported that grocery prices " which Trump…...
New study says American consumer pays all but 4% of tariff costs
4+ week, 2+ day ago (1048+ words) According to a report by the Kiel Institute for the World Economy, American consumers are paying the vast majority of tariffs, with the study finding that 96% of tariff costs are borne by Americans while foreign exporters pay only 4%. According to…...
Trump says he’s suing Chase over allegedly debanking him over Jan. 6
1+ mon, 2+ day ago (566+ words) President Donald Trump says he's suing JPMorgan Chase in the coming weeks. The announcement came amid criticism of a Wall St. Journal article saying the president offered Chase CEO Jamie Dimon the job as Fed chairman. Dimon has recently denied…...
Trump reiterates desire to cap credit card interest rates at 10%
1+ mon, 1+ week ago (1762+ words) President Donald Trump is pressing ahead with his campaign pledge to cap credit card interest rates at 10%. It remains unclear whether the cap would be pursued through executive action or legislation in Congress. President Donald Trump is renewing his push…...
Social Security delayed for millions due to backlogs: Report
1+ mon, 2+ week ago (311+ words) This story is a Media Miss by the right as only 14% is from right-leaning media. On Tuesday, The Washington Post reported the Social Security Administration is "in turmoil." The Post reported there are about 6 million pending cases and 12 million transactions…...
Electricity prices set for another jump in 2026
1+ mon, 3+ week ago (607+ words) Electricity prices are expected to keep rising to start 2026. The U.S. Energy Information Administration expects bills to rise by more than 4% after jumping by nearly 5% this past year. Higher natural gas costs and inclement weather are among the reasons for the…...
Holiday shopping rises despite economic headwinds
1+ mon, 3+ week ago (613+ words) Holiday spending is up 4.2% year over year, according to Visa. Most shoppers are still buying in person, though online sales are growing faster. The spending bump comes as new data shows the U.S. economy grew faster than expected in the third…...