Speaker of the House Mike Johnson was quick to defend President Donald Trump’s widely reported remarks following Wednesday’s sharp spike in inflation, which is now at...
Senate Republican Majority Leader John Thune was noticeably absent from Wednesday’s Oval Office bill signing ceremony — but top House and Senate leaders — including Speaker...
Inflation unexpectedly fell to 2.7% in November, according to the just-released report from the Bureau of Labor Statistics, but economists, while cheering the drop from 3%,...
Consumers reportedly placed fewer orders on Black Friday, yet another indication that consumer confidence is down. Despite the decrease, sales hit record highs, thanks in part...
Kevin Hassett, director of the White House’s National Economic Council, insists that despite five months of rising prices, inflation is actually “way down.” But polls and...
In a rare break from President Donald Trump and Republican orthodoxy, one GOP congressman is acknowledging what many Americans already feel: times are tough. “Our economy...
President Donald Trump has declared inflation “solved” as Americans are paying more for everyday goods like gas and groceries. “I’ve already solved inflation,” Trump told “Fox...
Lowering inflation and reducing the cost of living were central to Donald Trump’s election. But polls now show Americans believe he’s failing on both fronts—and his...
The White House on Monday asserted that new “data” proves the U.S. economy is “back on track,” but inflation—a leading concern for consumers—has surged to its...
White House Press Secretary Karoline Leavitt is crediting President Donald Trump with what she described as an “incredible economic turnaround in just six months.” However, inflation...
Despite President Donald Trump’s repeated claims that there is “no inflation,” consumer prices jumped in June, rising to an annual rate of 2.7%—the highest level in...
The White House on Friday afternoon announced that President Donald Trump’s threatened tariffs will go into effect almost immediately, starting at 12:01 AM Saturday. The tariffs...
Economic experts are happily surprised by the just-released March jobs report, which – contrary to expectations – saw unemployment has dropped further, overall employment has grown,...
OpenAI has a new board of directors after the ousting and rehiring of CEO Sam Altman over the last week. One of them is former Treasury...
Economists and investors are cheering over news the consumer price index shows inflation was zero for the month of October, meaning prices on average did not...