Economists are expressing concerns over the reliability of U.S. inflation data. Reports indicate that a government hiring freeze under the Trump administration may have impacted the quality of […]
Economy
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Americans Bear the Cost of Tariffs, Economists Confirm
The debate has concluded: American consumers are indeed bearing the cost of the tariffs imposed by the government. Recent analyses confirm that the price increases resulting from these […]
Economy
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Trump Takes Personal Role in Shaping the U.S. Economy
President Donald Trump has adopted a hands-on approach to managing the U.S. economy, intervening directly in various sectors. He has attempted to lower drug prices, directed tariff policies […]
Economy
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China’s Firm Stance in US Trade Talks Encourages Tougher Global Tactics
China has adopted a strong position in its negotiations for a tariff truce with the US. This approach has led some nations to believe they should also adopt […]
Economy
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Tariffs Impacting Businesses and Consumers Alike
The financial burden of tariffs is becoming increasingly evident as businesses share their experiences. For instance, a product costing $524 incurs an additional tariff charge of $890. Companies […]
Economy
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Minnesota Iron Miners Affected by Cleveland-Cliffs Closures Maintain Support for Trump’s Tariffs
Minnesota iron miners have lost their jobs due to closures announced by Cleveland-Cliffs, impacting over 2,000 workers across four states. Despite job losses, many miners continue to support […]
Economy
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American Confidence in Trump’s Economy Reaches Record Low
American confidence in the economy under President Donald Trump has hit an all-time low, according to a preliminary reading for May. The U.S. consumer sentiment index dropped to […]
Economy
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US consumer sentiment sinks to second-lowest level on record
Consumer sentiment in the United States has dropped to the second-lowest level on record, according to recent reports. This decline is largely attributed to rising inflation expectations following […]
Economy
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US Consumer Sentiment Deteriorates Amid Trade War and Inflation Concerns
WASHINGTON (AP) — U.S. consumer sentiment declined slightly in May, marking the fifth consecutive month of a downward trend, surprising economists as Americans grow increasingly concerned about inflation […]
Economy
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Trump Administration Announces 15% Cuts for Certain Social Security Beneficiaries in June
Beginning next month, Social Security beneficiaries who are behind on their student loan payments may face up to a 15% reduction in their benefits. Earlier this month, the […]