Economy
Consumer Confidence in May 2025: Surge Fueled by Trade Deal Optimism
In May 2025, U.S. consumer confidence rebounded sharply, with the Conference Board’s Consumer Confidence Index® jumping 12.3 points to 98.0, exceeding expectations and marking ...
Fed’s John Williams stresses independence as Trump moves to fire Lisa Cook
Fed’s John Williams Stresses Independence as Trump Moves to Fire Lisa Cook New York, August 27, 2025 – New York Federal Reserve President John ...
Trump’s 30% tariff letter leaves EU scrambling to bring U.S. on side
On July 12, 2025, President Donald Trump announced via letters posted on Truth Social that the United States would impose a 30% tariff on ...
Trunk Tools uses AI to reduce construction errors and waste
Trunk Tools Uses AI to Reduce Construction Errors and Waste New York, August 2, 2025 — In an industry plagued by inefficiencies costing nearly ...
Elon Musk will look at with Trump on thought for tax refunds from DOGE financial savings
DOGE financial savings – U.S. President Donald Trump speaks subsequent to Elon Musk and X Æ A-12, Musk’s son, throughout the Oval Office of the ...
Treasury Secretary Bessent: Trump Administration Steers U.S. Away from Financial Crisis
Washington, D.C. – March 16, 2025Treasury Secretary Scott Bessent delivered an optimistic assessment of the Trump administration’s economic strategy during an appearance on NBC’s ...
Retail sales increased 0.2% in February, less than expected; ex-autos up 0.3%, meeting estimate
Shoppers spent at a slower than anticipated tempo in February, although underlying readings indicated that gross sales nonetheless grew at a strong tempo regardless ...
5 bizarre locations hit by tariffs including an uninhabited island
Washington, D.C., April 3, 2025 – President Donald Trump’s sweeping “reciprocal tariffs,” signed into effect on April 2, have cast a wide net, targeting ...
Economists take issue with Trump’s tariff formula, arguing rate is inflated
Washington, D.C. – June 10, 2024 – Former President Donald Trump’s proposal to impose sweeping 10% across-the-board tariffs on all U.S. imports has drawn sharp criticism from ...
Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy
Fed Governors Bowman and Waller Dissent, Warn Delaying Rate Cuts Risks Economic Harm Washington, D.C. – August 1, 2025 In a rare break from ...
