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Leading Economic Index Rises For First Time in Nearly Three Years

A measure of future economic activity rose in November as the U.S. economy reacted to President-elect Donald J. Trump's victory, breaking nearly three years of decline. The Conference Board's leading economic index, released Thursday, rose 0.3% last month after falling 0.4% in October. The rebound exceeded economists' expectations for a further 0.1% decline, according to […]

Young Americans richer than ever, sense ‘economic fragility’: Report

Americans under 40 now have more money than ever before, but they feel “economically vulnerable,” according to a Treasury Department report. the study released by the department The median wealth of Americans ages 25 to 29 will increase to more than $80,000 in 2022, an increase of more than $50,000 since 2010, according to Wednesday's […]

Economic fallout from Trump mass deportations could eclipse Great Recession: Report

President-elect Trump's mass deportation plan threatens to gut the U.S. economy, reduce growth and the workforce, and accelerate inflation, according to a report. report Democratic members of the Congressional Joint Economic Committee (JEC) made the announcement on Thursday. The report, which obtained data from the Peterson Institute for International Economics, found that deporting 8.3 million […]

How Trump’s Economic Plan Will Create Wealth for Black Americans

On Tuesday's “The Alex Marlowe Show,” Newsmax's “The Pulse” host David J. Harris discussed how President-elect Donald Trump's economic plan will benefit Black Americans. . “He's saying to Black Americans, I think, that the Democrats always say we're the champions of Black people, but they're not doing anything,” Harris said. “It's like, President Trump is […]

Biden stakes out economic legacy at Brookings as Trump readies take over

As he prepares to leave office next month, President Biden on Tuesday touted the strength of his economic legacy, insisted President-elect Donald Trump would inherit a favorable situation and warned of the risks of the incoming administration's proposals. Speaking at the Brookings Institution, a major think tank in Washington, D.C., Biden touted the achievements of […]

Biden to tout economic legacy in Tuesday speech

President Biden is expected to give a speech Tuesday afternoon to highlight his economic policies and argue that they are more effective than the kind of tax cuts the incoming Trump administration would implement. Biden is scheduled to deliver what White House officials are calling a “major address on his economic legacy” at the Brookings […]