Fewer Americans confident in Trump's handling of economy: Poll

Americans in the new poll said they are not confident in their handling of President Trump's economy amid his administration's expansion of escalation in his trade war through radical changes to import and export regulations. CBS News Vote Fifty-two percent of Americans surveyed said they disapproved of Trump's handling of the economy, while 49 percent […]

Yellen: Trump 'has taken a wrecking ball' to economy with trade war

Former Treasury Secretary Janet Yellen, who served under former President Biden, said President Trump “stolen the destructive ball.” “President Trump has inherited a very strong growth economy, the labor market is working very well, low unemployment rates and a prominent record of job creation,” Yellen told CNN International's “One World” on Thursday. “So we had […]

Rising Incomes and Spending Show Economy Remains Resilient Despite Gloomy Confidence

Both US personal income and consumer spending rose in February, the Commerce Department said Friday. Total personal income increased by 0.8%, or $194.7 billion, which is driven primarily by wage increases and transfer payments. Consumer spending rose 0.4% last month, or $87.8 billion. This profit was driven by an increase of $56.3 billion in commodity […]

Poll Shows Growing Pessimism Among Americans About the Economy

Americans’ outlook on economy becomes a bit more pessimistic: Poll

The American public’s perception of the economy has turned slightly more negative compared to last month, as revealed by a recent poll. release on Thursday. In a new CBS News/YouGov survey, about 29% of respondents, which is three in ten, expressed expectations for economic growth next year, a decline of five percentage points from February. […]

Democratic group: Hit Trump on economy

The third way, the think tank on the left, argued that President Trump needs to be criticised for one of his biggest problems: the economy. “All presidents are vulnerable to the economy, but not more so than Trump. He repeatedly pledged. “I've taken the oath of office, and I'll quickly lower the prices and make […]

Trump’s Producer Economy Is Winning the Fight Against Inflation

Trump's producer economy can beat inflation The economic narrative of 2025 is becoming increasingly difficult to ignore. The American production engine is back to life. Economic data from February provided a striking contrast to the narrative of stagnation and uncertainty that has dominated the debate in the US economy in recent weeks. Consumer spending and […]

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 […]