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Economy
Uncertainty tax hits businesses as economy shows signs of inflection point
The weaker-than-expected July jobs report and large downward revisions to the prior two months' job…
Bessent names Fed 5 contenders for Powell’s job
U.S. Treasury Secretary Scott Bessent has whittled down his short list of candidates to replace…
US budget deficits to widen, national debt to surge to 156% of GDP, CBO finds
The nonpartisan Congressional Budget Office (CBO) recently released its long-term budget outlook and showed that…
CBP set to enforce ‘Liberation Day’ tariffs, has collected over $200M per day in associated revenue
U.S. Customs and Border Protection (CBP) is already collecting over $200 million per day in…
Iran’s rial hits new low amid sanctions, global tensions after Persian New Year
Iran’s currency hit a new low on Saturday with $1 costing 1,043,000 rials, and it…
Trump’s 10% baseline tariffs on imports from many countries now in effect
President Donald Trump's unilateral 10% tariff on all imports from many countries went into effect…
DOGE begins working at US Peace Corps headquarters
The Department of Government Efficiency, which is led by Elon Musk, arrived Friday at U.S.…
Trump White House touts first quarter jobs record: JOBS, JOBS, JOBS
The White House in a statement on Friday said March's job report shows the private…
US shrimpers appreciate Trump tariffs: they ‘threw us a lifeline’
American shrimpers were pleased to see President Donald Trump unveil his latest round of tariffs…
Powell says tariffs will cause inflation to rise, could be persistent
Federal Reserve Chair Jerome Powell said at a conference Friday that President Donald Trump's tariffs are…
JPMorgan warns of increased recession odds
JPMorgan suggested that the chance of a recession substantially increased due to President Donald Trump's…
Trump says Federal Reserve Chair Jerome Powell should cut interest rates
President Donald Trump on Friday called on Federal Reserve Chairman Jerome Powell to cut interest…
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