A potential successor to Jay Powell has criticized the Federal Reserve for making systematic errors. This contender argues that the central bank needs a new approach to address […]
Economy
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Fed Contender Criticizes Central Bank for ‘Systematic Errors’
A potential successor to Federal Reserve Chair Jay Powell has criticized the central bank for making ‘systematic errors.’ Kevin Warsh, a former Fed governor and contender for the […]
Economy
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Consumer Confidence Plummets Amid Trade Uncertainty
Consumer confidence in the U.S. economy has dropped significantly, reaching a three-decade low. The University of Michigan’s consumer expectations index has fallen by 32% since January, largely due […]
Economy
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New Rules For Working While Receiving Social Security From May 2025 – Check Eligibility
Starting in May 2025, new rules will govern Social Security payments for individuals who are employed while receiving Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI). […]
Economy
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Huge Decline at LA Port Impacts Truckers and Signals Tariff Damage
The significant drop in activity at the Los Angeles port has dealt a blow to truckers and serves as a clear warning of potential damage from upcoming tariffs. […]
Economy
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Consumer Behavior Amid Tariffs: Buying Now, Stockpiling, or Delaying Purchases
At car dealerships nationwide, consumers are rushing to buy new vehicles ahead of tariff-related price hikes. Some shoppers have also replaced iPhones early. However, when it comes to […]
Economy
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Tariff Uncertainty Paralyzes Businesses Amid Trade War
Businesses across the United States are experiencing paralysis due to tariff uncertainty stemming from ongoing trade wars. Companies are concerned about the potential impact on jobs and consumer […]
Economy
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Consumer Sentiment Declines Amid Economic Concerns
Consumer sentiment has taken a hit as Americans remain concerned about the possibility of a recession and rising inflation, partly fueled by tariff impacts. Despite some improvement in […]
Economy
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Trump’s Rhetoric Complicates Next Fed Chair’s Role
President Trump’s recent criticism of Federal Reserve Chair Jerome Powell highlights the challenges facing the next Fed chair. Trump referred to Powell as a “major loser” for not […]
Economy
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Japan Announces Emergency Economic Measures Amid U.S. Tariffs
Japan’s government has announced a set of emergency economic measures to mitigate the impact of increased tariffs imposed by U.S. President Donald Trump. This announcement comes ahead of […]