State funeral begins for former Indian Prime Minister Manmohan Singh, who instituted economic reform
The state funeral of former Indian Prime Minister Manmohan Singh, widely regarded as the architect of India's economic reform agenda, began on Saturday as politicians and the public mourned his death. The veteran leader, who was also praised for his role in the landmark nuclear deal with the United States, died late Thursday at the […]
Iran regime under ‘immense pressure’ amid incoming Trump admin policies, regional losses, economic woes
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Elon Musk shoots down ‘wrong-headed economic thinking,’ says there’s ‘infinite potential’ for job creation
Congressman Bill Huizenga (R-Mich.) talks about DOGE's influence on Congress and Elon Musk's role in President Trump's White House on “Bernie & Co.” Billionaire businessman Elon Musk has taken a swipe at scarcity thinking, suggesting that the potential to create jobs and business is essentially limitless. “The 'pie is fixed' fallacy is at the heart […]
Trump Must Inflict ‘Massive Economic Pain’ on China with Tariffs
Shark Tank star Kevin O'Leary said Monday on Fox Business Network's “Fox Business Live” that President-elect Donald Trump must counter China with tariffs. “The difference between Canada and China is enormous,” host David Assmann said. “I mean, Prime Minister Trudeau came into the United States, bowed at the feet of Donald Trump, folded up like […]
How Trump’s tariffs can generate both economic and political reform in China
Donald Trump may be the candidate least likely to bring about revolutionary change in China, the world's most powerful dictatorship. He is also the least interested in pursuing that goal. deep personal praise For Chinese leader Xi Jinping. But history may have inadvertently placed him in a position to accomplish for China what Ronald Reagan […]
Wall Street traders worried about how Donald Trump’s economic plans could affect the market
Stocks fell nearly 1,200 points on Wednesday as investors digested Federal Reserve Chairman Jerome Powell's suspension of explanation for persistent inflation. But that wasn't their only concern. The Wall Street traders I talk to are also a little concerned that Donald Trump's economic plans, including his intentions to cut taxes, have not been clearly articulated […]
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 […]
Nevis Premier Mark Brantley: Airport Expansion Will Help Drive Economic Growth, Direct Flights from US Possible
Nevis Premier Mark Brantley emphasized that the expansion and redevelopment of Vance W. Amory International Airport will have a positive impact on the island's economy. Project as Brantley outlined In his recent presentation of the 2025 budget, he said he expected “substantive progress” to be made by the end of the year. This underlines the […]
Economic experts pan Hochul’s ‘inflationary’ ‘inflation refunds’: ‘Not difficult math’
Several economic experts have criticized New York Governor Kathy Hochul's “inflation refunds” that she plans to distribute to eligible New Yorkers as part of her 2025 State of the Union initiative. Hochul last week proposed $3 billion in direct payments to about half of the Empire State's 19 million residents. It would be $300 for […]