Trump Inherited a Biden Economy Riddled with Hidden Weaknesses
Biden's stumbling economy was even worse than we thought That's all for the idea that Donald Trump inherited a historically strong economy from Joe Biden. The latest GDP report released Thursday by the Bureau of Economic Analysis confirms that many economists have been quietly warnings. Beneath the surface, the economy is weaker than it looks. […]
US economy grew 2.3% in fourth quarter, Commerce Department says
Former White House Deputy Chief of Staff Karl Loeb responds to Tarshi Gabbard being confirmed as the National Intelligence Director for “Varney & Co.” The US economy grew at a rate of 2.3% in the fourth quarter, growing in line with previous reading and economists' expectations. The Department of Commerce's Economic Analysis Bureau (BEA) announced […]
Sadiq Khan aims to add £100bn to London’s economy by 2035 | London
London Mayor Sadiq Khan has announced an ambitious plan to add more than £100 million to the capital economy within a decade. Announcing what he is calling London's growth plan, Khan said he has allocated hundreds of millions of pounds of delegated funds to return the London economy's annual productivity growth to the level seen […]
Trump’s ‘gold card’ visa plan a boon for American economy, expert says
President Donald Trump's plan to provide “gold card” visas to wealthy immigrants is similar to the policies used in more than three dozen countries, but the US proposal comes with the highest price tag, experts told Fox News Digital. “What you're doing is that you bring in wealthy individuals, obviously job creators, consumers,” Anthony Esposito, […]
Foreign Companies Bail Out of China’s Tottering Economy
Foreign companies have emerged from China's weakened markets, indicating a clear lack of confidence in their ability to stabilize the economy of the communist regime and avoid financial collapse. South China Morning Post (SCMP) On Monday, two big names were pointed out towards the exit over the past two weeks. This week, US law firm […]
Mets owner Steve Cohen ‘negative’ on US economy — cites tariffs, DOGE
Billionaire hedge fund manager and New York Mets owner Steve Cohen has been erratic in the US economy, growing in the second half of the year due to tariff concerns, stricter immigration policies and reduced government spending led by Elon Musk. warned that it was set to be slow. The founders of Point72 Asset Management […]
Apple pledges $500 billion toward US economy, will add 20K jobs as Trump tariffs loom
Apple said Monday it would “expend and invest” $500 billion in the US economy. He said this is a move that will make the Tim Cook-led tech giant appear to dodge the impact of President Trump's tariffs. The Cupertino, California-based company said the plan has grown over the next four years and represents “the largest […]
Apple announces historic $500 billion investment in US economy
Bank of America Securities Senior IT Hardware Analyst Wamsi Mohan repeats his purchase rating at Apple and a $256 price target for “The Claman Countdown.” Apple is committed to $500 billion in the US economy with its historic initiative, and the company recorded “an extraordinary new chapter in the history of American innovation” on Monday. […]
Dow dives 700 points as latest data hints at slowing economy
Wall Street's key indicators were set to decline weekly on Friday as new data painted a weak picture of the US economy, but after reports that the Department of Justice is investigating healthcare conglomerates, United Health has fallen. In the afternoon trading, the Dow Jones industrial average fell 43,472 points to 704 points (1.6%). The […]
Commerce secretary Howard Lutnick reveals Trump’s ‘goal’ to abolish the IRS, utilize tariffs so ‘whole economy explodes’
Details have been made clear from the Trump administration about plans to remove the Internal Revenue Service (IRS) and use tariffs to “explode the entire economy.” “His goal is to abolish the Internal Revenue Service and have all outsiders pay,” Commerce Secretary Howard Lutnick told “Jesse Watters Primetime” on Wednesday. “As the President said, mutual […]