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News
End the Biden inflation tax
22+ hour, 30+ min ago (503+ words) by Michael Faulkender, opinion contributor 08/22/26 03:00 PM ET President Trump is reportedly considering new capital gains tax reforms: indexing capital gains for inflation and exempting more home sales from the tax entirely. This is the right move for the economy. At…...
What’s behind the recent drop in labor force participation?
1+ week, 2+ day ago (842+ words) by Andrew Dorn 08/13/26 08:12 AM ET (NewsNation) — Hundreds of thousands of Americans have dropped out of the labor force in recent months, but a St. Louis Fed analysis suggests it’s not as simple as people giving up on their job hunt....
Bessent says K-shaped economy is ‘over’
2+ week, 3+ hour ago (460+ words) by Andrew Dorn 08/08/26 01:54 PM ET (NewsNation) — Treasury Secretary Scott Bessent says the “K-shaped” economy has come to an end, arguing lower-income Americans are beginning to regain ground. “I can say here definitively, the K-shaped economy is over,” Bessent said in…...
Economic pessimism eases slightly: Gallup
3+ week, 5+ day ago (305+ words) by Tara Suter 07/27/26 01:46 PM ET Americans’ economic pessimism has eased slightly this month, according to a new poll from Gallup. In the poll, 22 percent of respondents said the U.S.’s economic conditions are “excellent” or “good,” while 32 percent said they…...
How AI could automate the poor tax
4+ week, 7+ hour ago (485+ words) by Danielle A. Davis Canty, opinion contributor 07/26/26 11:00 AM ET Imagine two people shopping online for the exact same item at the exact same time, yet one receives a higher price because an algorithm predicts they are willing to pay it. Although…...
Inflation is slashing middle-class incomes. Here’s where it’s worst
4+ week, 7+ hour ago (317+ words) by Alix Martichoux 07/25/26 09:00 AM ET (NEXSTAR) – You probably don’t need the data to tell you that money has gotten a little tighter for most people. Wage growth for many middle-class households isn’t keeping up with inflation, especially with the major…...
Structural shifts demand a new central banking mindset
1+ mon, 1+ day ago (246+ words) by Vivekanand Jayakumar, opinion contributor 07/21/26 12:30 PM ET During this phase, leading central banks concluded that credible commitments to low and stable inflation, often through explicit or implicit inflation-targeting frameworks, had made the economy more stable. It was widely presumed that…...
Federal Reserve chair Warsh touts ‘sea change’ in thinking at first hearing
1+ mon, 1+ week ago (921+ words) by Max Rego and Sylvan Lane 07/14/26 01:55 PM ET Federal Reserve Chair Kevin Warsh on Tuesday touted his efforts to overhaul the central bank’s approach to inflation and the economy at his first congressional hearing as its leader. In testimony before…...
US jobless claims dip modestly to 215,000 last week as layoffs remain at historically healthy levels
1+ mon, 1+ week ago (274+ words) by Associated Press 07/09/26 09:01 AM ET U.S. applications for jobless aid in the week ending July 4 ticked down by 2,000 to 215,000, the Labor Department reported Thursday. Analysts surveyed by the data firm FactSet forecast 220,000 new applications. Weekly filings for unemployment benefits are considered…...
O’Reilly: A lot of younger Americans ‘clueless about how to make money’
1+ mon, 2+ week ago (302+ words) The Hill Political commentator Bill OâReilly on Tuesday criticized younger Americans for having, in his eyes, a lack of financial literacy âThere are a lot of younger Americans who are absolutely clueless about how to make money, how…...