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Economy

Are We Headed for Recession? Economists Analyze Economic Indicators

Posted on: May 8, 2025

Economists are closely examining various signs to determine if a recession is on the horizon. From beauty trends like ‘recession blonde’ hair to consumer behavior such as purchasing […]

Economy

Trump’s Tariffs Raise Concerns About Economic Impact

Posted on: May 8, 2025

The scale of tariffs proposed by President Trump has left some feeling that a 10% rate could be seen as a relief compared to earlier threats. Analysts suggest […]

Investors Hope GOP Midterm Losses Can Halt Tariff Plans
Economy

Investors Hope GOP Midterm Losses Can Halt Tariff Plans

Posted on: May 8, 2025

A group of investors at the Milken Institute Global Conference warned of potential repercussions if tariffs continue to escalate. They hope the threat of significant Republican losses in […]

US Trade Deficit Widens in First Quarter Amid Rising Imports
Economy

US Trade Deficit Widens in First Quarter Amid Rising Imports

Posted on: May 7, 2025

The United States experienced an expansion in its trade deficit during the first quarter, influenced by rising imports and ongoing tariff policies. According to data released by the […]

US Trade Deficit Reaches All-Time High in March
Economy

US Trade Deficit Reaches All-Time High in March

Posted on: May 7, 2025

The U.S. trade deficit surged to a record high in March as businesses increased imports of goods ahead of expected tariffs. This contributed to the gross domestic product […]

OOCL Violet Faces $417 Million in New Tariffs Amid US-China Trade War
Economy

OOCL Violet Faces $417 Million in New Tariffs Amid US-China Trade War

Posted on: May 7, 2025

On April 24, dockworkers at the Port of Long Beach began unloading the OOCL Violet, a massive vessel carrying thousands of containers filled with goods destined for the […]

Economy

Bessent Says Trump’s Tariffs, Tax Cuts, and Deregulation Will Boost US Growth and Investment

Posted on: May 6, 2025

According to Bessent, the tariffs imposed by Trump, along with tax cuts and deregulation measures, are expected to significantly drive US economic growth and encourage investment. These policies […]

Treasury Secretary Bessent Appeals to Investors at Milken Conference
Economy

Treasury Secretary Bessent Appeals to Investors at Milken Conference

Posted on: May 6, 2025

Treasury Secretary Scott Bessent outlined President Donald Trump’s “America First Vision” during a speech at the Milken Institute Global Conference, appealing to global investors. Bessent emphasized the administration’s […]

National Small Business Week, 2025
Economy

National Small Business Week, 2025

Posted on: May 6, 2025

BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A PROCLAMATION Small businesses are the backbone of our economy, fostering innovation and producing goods that maintain America’s strength, […]

Economy

European Consumers Consider Boycotting American Brands Amid Tariff Backlash

Posted on: May 6, 2025

A growing backlash against Trump-era tariffs is prompting European consumers to boycott American brands. An ECB survey found that European households are increasingly willing to forego US products […]

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