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Tag: Economy

Bidenflation’s Ghost Will Keep Haunting the American Economy

Trump inherits Biden's expensive financial legacy America may be almost done with Joe Biden's policies, but malign economic legacy We are not done with his departure from office. The latest economic data shows that Donald Trump will inherit the economy Inflation is entrenched at high levels, manufacturing is moribund, trade imbalances persist, budget deficits are […]

Bessent Warns That Failure To Preserve Trump Tax Cuts Would Bring Economy To A ‘Sudden Stop’

Scott Bessent told a Senate committee Thursday that preventing tax cuts enacted during President Donald Trump's first term from expiring is a top priority for lawmakers. Bessent, who was nominated by President Trump to head the U.S. Treasury, testified for several hours Thursday before the Senate Finance Committee, addressing questions about tariffs, Russia sanctions, energy […]

WV Gov. Patrick Morrisey Launches ‘Backyard Brawl’ to Revitalize Economy

West Virginia Gov. Patrick Morrisey (R) announced a “backyard brawl” economic policy in his inaugural address Monday, pledging to make the Mountain State the “freest” state in the Union. Morrissey, who replaced retiring Republican Gov. Jim Justice, announced an economic package aimed at revitalizing the Mountain State's economy. Morrissey said in his speech: It's time […]

The Fed’s View of the Economy Is Burning

December jobs report highlights Fed mistakes The Fed may not have a good reputation. Burning out as quickly as Los AngelesBut the outcome is likely to be the same: rubble, ash, condemnation, and expensive reconstruction. The Labor Department said Friday that the U.S. economy is 257,000 jobs added in Decemberexpectations that job growth would fall […]

U.S. Economy Added 256,000 Jobs In December

U.S. employers added 256,000 workers in November, and the unemployment rate fell to 4.1%, the Labor Department said Friday. Economists had expected 153,000 jobs and a flat unemployment rate of 4.2%. Employment figures for the previous month were revised downward from 227,000 to 212,000. Most of the job creation in December came from the private […]

US economy added 256K jobs in December, well above expectations

Kathryn Rooney Vera, chief market strategist at StoneX, talks about the importance of reducing federal spending on moneymaking. The U.S. economy added jobs faster than expected in December, as Federal Reserve policymakers watch the strength of the labor market ahead of a meeting later this month. The Labor Department reported Friday that employers added 256,000 […]

Nigel Farage Most Trusted to Grow British Economy: Poll

Nigel Farage is the man most trusted in Britain to return the UK economy to growth, a poll has found, amid growing pessimism about the Labor government's left-wing policies. According to investigation From Freshwater Strategy on behalf of London's business centre. City AM The newspaper said 24% of the public believed Britain's reformed leaders were […]