News: Economy

U.S. Job Growth Surpasses Expectations; Trump Touts Economic Wins

The U.S. economy added 139,000 jobs in May, outstripping forecasts and keeping unemployment steady at 4.2%. President Trump attributes these gains to ...

Proposed Tax Bill Could Yield $10K Boost to U.S. Family Incomes

Trump's top economic adviser suggests a tax bill facing Senate opposition could increase American family incomes by $10,000. The bill extends Trump-er...

Trump Criticizes Walmart Over Tariff-Related Price Hikes

President Trump accused Walmart of unfairly blaming tariffs for price increases, urging the company and Chinese suppliers to bear the costs. Walmart w...

US, China Announce Temporary Tariff Reductions in Major Trade Breakthrough

The United States and China have agreed to dramatically reduce tariffs for 90 days, with the US cutting rates from 145% to 30% and China from 125% to ...

U.S. and China Set Sights on De-escalation in Upcoming Trade Talks

U.S. officials Scott Bessent and Jamieson Greer are scheduled for critical trade discussions with Chinese counterparts in Switzerland, aiming to ease ...

Warren Buffett Announces Retirement, Endorses Successor

Warren Buffett revealed plans to step down as CEO of Berkshire Hathaway, naming Greg Abel as his chosen successor, while also commenting on trade poli...

Trump Administration's Trade Strategies Advance Amid Confidentiality

The Trump administration has received 18 trade proposals from foreign nations, with Fox News correspondent Peter Doocy questioning the secrecy. Press ...

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

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

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

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

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