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Adams’ ‘City of Yes’ plan to boost NYC economy under fire

Mayor Eric Adams calls the Big Apple “City of Jesus” But he faces a lot of no’s. Many members of the City Council, left and right, expressed serious concerns this week about Adams’ comments. “A city of economic opportunity” The proposal aims to boost business and job growth by overhauling more than 60 years of […]

Hot US economy dampens hope for rate cuts

Economic data across multiple indicators is in the spotlight, showing the strength of the U.S. economy and the persistence of inflation in the last mile downhill to the Federal Reserve’s target rate of 2%. If the consumer price index (CPI) reaches an annual rate of 3.5% in March, there is a possibility that interest rates […]

How immigration is helping the economy defy expectations

Policymakers are increasingly citing the influx of immigrants and the strengthening of the U.S. workforce as key reasons for the economy’s strong performance in 2023. The U.S. economy defied expectations last year by avoiding a widely expected recession, with real gross domestic product (GDP) growing 2.5%, unemployment remaining below 4%, and stock markets and corporate […]

Abbott: US economy improving is because ‘Texas economy is doing so well’

Texas Gov. Greg Abbott (R) appeared to take credit for the boost to the U.S. economy, saying Sunday that the national improvement was due to the state’s economy being “very strong.” Fox News host Martha McCollum asked Mr. Abbott how the latest employment figures show that the surge in immigration is contributing to higher wages […]

Americans weigh in on whether a comfortable retirement is possible in today’s economy

A Northwestern Mutual study reports that it costs $1.46 million to retire gracefully, and FOX Business’ Ashley Webster talks to Diner in The Villages, Florida about retirement. As experts warn of a looming crisis, Americans weigh in on whether a comfortable retirement is out of reach. Florida residents gathered Friday at the Flying Biscuit Cafe […]

LAURA INGRAHAM: The media praises Biden’s economy as many new jobs go to non-Americans

fox news host Laura Ingraham Claiming that President Biden’s job growth numbers are leaving Americans behind, as reports show foreign-born workers are boosting Americans, the media on Friday turned to “Ingraham.” “Angle” expressed dissatisfaction with voters not being enthusiastic about the current state of the economy. ” Laura Ingraham: You have to hand it to […]