Fed likely to pause rate cuts with clouds gathering over the economy
The Federal Reserve is unlikely to cut interest rates this week despite growing concerns about the state of the US economy and the impact of President Trump's trade agenda. The market expects the Fed to maintain a moratorium on cuts. This is a move that takes the stimulus away after a significant loss of two […]
Canada's Carney meets with European allies as Trump targets his country's sovereignty and economy
LONDON (AP) – Canadian new prime minister Mark Kearney met with British and French leaders on Monday during his first official overseas trip. President Donald Trump is targeting Canada's sovereignty and economy, and is seeking support from two Ottawa's oldest allies. Canadians criticized the leaders of both countries who founded Canada because of their calm […]
18 percent rate economy as 'excellent' or 'good': Poll
A survey released Sunday found that 18 percent of Americans are giving positive ratings to the current state of the economy. in NBC News Vote1% of respondents said they rate the economy's current state as “excellent”, while 17% said they rate the economy as “good.” Meanwhile, 43% say the economy is “poor” and 39% say […]
Americans increased spending tepidly last month as anxiety over the economy takes hold
WASHINGTON (AP) — US shoppers have stepped up their spending a bit in February after a sharp pullback the previous month, indicating that Americans are shopping more carefully as concerns about the direction of the economy mount. The Commerce Department said on Monday that retail sales rose just 0.2% in February and rose with a […]
Treasury Secretary Scott Bessent Explains How Trump Will Provide ‘Certainty’ to Economy with Tax Relief, Deregulation
WASHINGTON – Treasury Secretary Scott Bescent told Breitbart News that President Donald Trump intends to bring “certainty” to the US economy with tax credits and deregulation efforts. Trump's first term tax cuts in 2017 – the Tax Cuts and Employment Act (TCJA) – is set to expire at the end of this year, but Bessent […]
Sunday shows preview: Congress avoids government shutdown; Trump tariffs rattle economy
Republicans won a big victory on Friday. The new law will increase defense spending by $6 billion, cut spending outside of that category by $13 billion, and allow lawmakers to keep the government open until September 30th, when the package expires. Sen. Mike Round (Rs.D.) may summarise the debate leading up to the passage of […]
Democrat Fear and Loathing of Trump Risks Pushing the Economy into a Slump
Demcession rising: Democrats' panic can hurt the economy Consumer sentiment is falling apart, and the cause is not economic fundamentals, not politics. University of Michigan's latest consumer sentiment survey show Confidence will plummet at 57.9 in Marchthe lowest level since November 2022. All demographics have reduced emotions, but the decline has It is overwhelmingly driven […]
Consumer Expectations Show Record Partisan Split As Democrats Panic Over Trump Economy
According to the latest University of Michigan Consumer Sentiment Survey, consumer sentiment fell sharply in March, with Democrats' expectations of the economy reaching an all-time low, highlighting unprecedented partisan disparities in the economic outlook. The survey's headline index fell to 57.9, down from 64.7 in February, reaching its lowest level since November 2022. In contrast, […]
Nearly half of Americans say economy worsening: Poll
Almost half of Americans said the economy is getting worse, according to Thursday. Economist/yougov poll. 48% of respondents said they thought the economy was getting worse, while 19% said it was getting better. The vote took place between March 9th and 11th, including rough stock market days. On Monday, the stock market began its week […]
Most disapprove of Trump handling of economy: Survey
Most Americans have not approved President Trump's handling of the economy weeks after his second term, new research has found. investigation, Released on Thursday Quinnipiac University found that 54% of respondents disapproved of Trump's handling of the economy. 41% have approved his economic policies so far. The number of people who disapproved has been rising […]