Economist states that Trump’s tariff payments and $5,000 cash guarantee will not occur
President Donald Trump’s recent promise of cash payments to Americans appears improbable, as noted by an economist and former congressional budget expert. Douglas Holz-Eakin, who heads the fiscal policy organization American Action Forum, commented that while Trump has made numerous promises, including a pledge of $5,000 to each American if Republicans retain control of Congress, […]
Economist reports that the Iran conflict increases gas prices by $860 for American families.
Mark Zandi, the Chief Economist at Moody’s Analytics, has indicated that the ongoing war in Iran has significantly impacted fuel prices, leading U.S. consumers to spend over $100 billion more as a result. The effects are quite noticeable, especially when it comes to gasoline and diesel costs. Zandi shared with a business outlet that rising […]
Economist predicts inflation won’t reach 2% Federal Reserve goal until 2028
Consumers Confront Ongoing Inflation Challenges American consumers eager for a swift resolution to prolonged inflationary pressures are likely in for a tough reality check. Although recent decreases in gas prices have offered some temporary relief, prices are expected to keep rising due to ongoing issues within corporate supply chains and the persistent impacts of global […]
Economist who won a Nobel Prize warns that concerns about AI jobs could lead to harmful effects.
Concerns About AI and the Job Market A Nobel laureate has voiced concerns that ongoing predictions of artificial intelligence disrupting employment could actually create a self-fulfilling prophecy. Robert Shiller, who won the Nobel Prize in Economics in 2013, shared his thoughts in a guest essay published recently. He noted that anxiety about AI is not […]
Prominent Economist Alan Greenspan Passes Away at 100
Influential Economist Alan Greenspan Passes Away at 100 Alan Greenspan, a prominent economist, died on Monday morning at the age of 100. NBC News journalist Andrea Mitchell announced that he passed away due to complications from Parkinson’s disease. Mitchell, who was married to Greenspan for nearly 30 years, shared the news with CNBC. Greenspan served […]
Ex-CIA Economist Announced SpaceX IPO Filing — Now Offering Free Play
SpaceX’s Upcoming IPO and Exclusive Insights A figure from the CIA, who spent three years at headquarters, met with Elon Musk and called for SpaceX to go public almost on the same day. Now, he’s revealing insights that Wall Street would prefer to keep to themselves. Hedge funds are already in on the action, and […]
Economist Gary Shilling suggests a US recession is likely to happen in 2026
Economic Predictions for 2026 Billionaire investor Leon Cooperman recently discussed the implications of artificial intelligence on market dynamics in the context of geopolitical concerns and uncertainty during a segment on “Craman Countdown.” Gary Schilling, a well-known market forecaster infamous for his bearish predictions—he was let go from Merrill Lynch for forecasting the 1969-1970 recession—has raised […]
Economist alerts that Virginia’s $15 minimum wage law could result in 12,000 job losses.
An economist has expressed concerns that Virginia’s recent minimum wage law may not achieve the state’s goals for affordability and could result in significant job losses. Rebecca Paxton, director of research at the Employment Policy Institute, indicated that businesses would need to adjust their operating costs to comply with the new wage requirements. “With rising […]
Demands grow for the dismissal of a prominent economist critical of Israel who took legal action against Trump regarding sanctions impacting his wife.
The World Bank is facing pressure to terminate its leading economist, Massimiliano Cali, due to his recent federal lawsuit against President Trump over U.S. sanctions placed on his wife, Francesca Albanese. Albanese works in the Middle East and North Africa division and has been criticized for alleged anti-Semitic remarks and support for terrorism, which led […]
Trump chooses experienced economist Brett Matsumoto as the new commissioner of BLS.
President Trump intends to nominate economist Brett Matsumoto to lead the Bureau of Labor Statistics, according to sources familiar with the situation. This selection is notable as it brings in the first career official for the position since the previous director was dismissed on August 1, following discontent over negative job market statistics. Matsumoto has […]