The Previous Week and the Coming Week: Economy and Markets, October 19, 2025
Everything you need to know about macro and markets Markets wrapped up a tumultuous week on a positive note, as strong earnings eased fears surrounding tech company valuations and the stability of local banks. There was also a growing sense of optimism about potential easing of trade tensions between the U.S. and China. The Dow […]
Business organizations caution that a government shutdown is jeopardizing the economy and its growth.
Government Shutdown’s Growing Impact on Economy Current economic conditions are feeling the strain of the government shutdown that began on October 1. This situation is hindering economic activities and affecting companies’ ability to manage and grow. Neil Bradley, the U.S. Chamber of Commerce’s vice president and chief policy officer, has voiced concerns about the ongoing […]
Treasury Secretary cautions that a shutdown could lead to a $15 billion daily loss for the economy
Government Shutdown’s Economic Toll Discussed Senator James Lankford (R-Okla.) recently joined a discussion alongside Bernie Sanders regarding the ongoing government shutdown, along with the implications of China’s restrictions on rare earth exports and their effect on U.S. security and the economy. In a press conference on Wednesday, Treasury Secretary Scott Bessent addressed the economic ramifications […]
Prefer to relax on flights? An airline is eliminating this benefit for economy travelers.
(NEXSTAR) – WestJet, the low-cost airline based in Calgary, Alberta, has stirred up discussions among travelers with its recent announcement regarding the new seating arrangements on some of its planes. The airline revealed that 43 of its Boeing 737-8 MAX and 737-800 planes will undergo significant modifications, where only the Premium and Extended Comfort seats […]
Robust U.S. Economy Boosts Bank of America Profits
Bank of America Sees Strong Third-Quarter Results Bank of America recently announced its third-quarter earnings, which surpassed analysts’ forecasts. This success is largely attributed to solid consumer spending and a bustling summer for its investment banking sector. The bank’s profits rose by 23%, reaching $8.47 billion, translating to $1.06 per share—higher than the anticipated 95 […]
Liberal Critics Dislike the Trump Economy
Bright Trump Economy vs. Disastrous Democrats Once again, the Democratic Party seems to embody a sense of shadowy negativity. The term GloomDoggler, first coined by Stephen Hess, who wrote speeches for President Dwight Eisenhower, draws from the Great Depression term BOONDOGGLER. The latter referred to someone creating unnecessary tasks, while Gloomdoggler describes those who focus […]
Victor Davis Hanson Educates Democrat Claiming ‘Economy is Bad’ Due to Trump
Economic Discussion Sparks Debate Over Inflation and Food Prices Victor Davis Hanson, a senior fellow at the Hoover Institution, expressed to Texas Representative Jolanda Jones, a Democrat, that he holds the Biden administration accountable for the ongoing economic struggles the country faces. While food and beverage prices were on the rise during Donald Trump’s second […]
Shutdown costing the US economy approximately $15 billion each week
Warning on Economic Impact of Potential Government Shutdown Kevin Hassett, the Director of the National Economic Council (NEC), expressed concerns on Monday about the financial repercussions that a government shutdown might have on the U.S. economy, estimating a loss of approximately $15 billion per week. During a segment on CNBC’s “Squawk Box,” Hassett referenced an […]
Democrats aim to gain advantage in shutdown talks regarding the economy in relation to Trump and the GOP.
Lawmakers on Capitol Hill are feeling the strain from the prospect of extended government shutdowns. Experts suggest that such closures could significantly affect the economy and create pressure on President Trump to find common ground with Democrats. While specialists believe that the immediate economic effect may be minimal, the situation could exacerbate existing issues, particularly […]
The $29 trillion U.S. economy can thrive without foreign competition for quality.
American Quality Doesn’t Depend on Global Competition Next time you grab a pint of double IPA, it’s a moment to appreciate the vibrancy and competitiveness of the U.S. economy. According to Scott Burns from Texas Christian University and Caleb Fullers from Grove City College, foreign competition is often credited for advancements in American brewing. They […]