News: Economy

Trump's Economic Policies Spur $5.2 Trillion U.S. Investment Wave

April 26, 2025 | By Admin

President Donald Trump's second term has seen a $5.2 trillion investment in the US, influenced by his trade and economic policies. Major corporations ...

Tesla Profit Dives Amid Musk's Political Engagements and Market Shifts

April 23, 2025 | By Admin

Tesla's Q1 profits plummet by 71%, with CEO Elon Musk promising to reduce his political role following shareholder concerns over distraction and decli...

Ford Adjusts Strategy Amidst U.S.-China Tariff Tensions

April 19, 2025 | By Ron Scott Smith

Ford Motor Company has ceased exporting select vehicles to China in response to increased tariffs, a result of the Trump administration's trade polici...

Trump Proposes Tariff-Based Revenue to Potentially End Income Tax

April 17, 2025 | By Ron Scott Smith

President Donald Trump suggests replacing federal income tax with tariff revenue, a move that could overhaul federal funding and potentially eliminate...

Trump Rules Out Tariff Exemptions for Electronics in Trade War with China

April 15, 2025 | By Admin

President Trump dismissed the possibility of tariff exemptions for electronics amidst the ongoing trade war with China, signaling a firm stance agains...

Escalating U.S.-China Trade War: Beijing Imposes 34% Tariffs on American Imports

April 15, 2025 | By Admin

China announces a 34% tariff on all U.S. imports beginning April 10, in retaliation against new U.S. tariffs, escalating trade tensions and raising gl...

March Jobs Report Exceeds Expectations Under Trump's Economic Plan

April 11, 2025 | By Admin

The latest jobs report has shown a significant surge in employment for March 2025, with 228,000 new jobs added, which surpasses the expected 140,000. ...

Mississippi Sets Course to Eliminate Personal Income Tax by 2030

March 31, 2025 | By Admin

Mississippi Governor Tate Reeves signs the "Build Up Mississippi Act," initiating a phased elimination of the state's personal income tax, with a comp...