“Instead of trying to lower the cost of living, he’s doubling down on his plans to give massive tax breaks to billionaires and giant corporations,” said one Trump critic. As the U.S. Department of Labor released its monthly consumer price index report on Wednesday, President Donald Trump’s new tariffs for steel and aluminum imports took effect, highlighting his threat […]
After a monthlong delay, Trump administration tariffs on Mexican and Canadian imports went into effect Tuesday. As the Trump administration’s purge of federal workers continues and tariffs imposed on key U.S. trade partners Mexico and Canada take effect Tuesday, multiple economic indicators are warning of potential pain ahead. On Monday, the Federal Reserve Bank of Atlanta released […]
NEW ORLEANS, LOUISIANA — “The economy controls everything,” said South Carolina sales executive Chris Stinson. “Hands down it’s what I’m most concerned about, and that’s what I’ll be thinking about when I vote this November.” Stinson isn’t alone. American voters are prioritizing the health of their wallets and pocketbooks with less than four months to go […]
Democrats have handled the economy better than Republicans since at least 1949. A study published by the Economic Policy Institute on Tuesday finds that the U.S. economy does better when a Democrat is in the White House than when a Republican is in charge. The study looked at GDP growth, job growth, inflation-adjusted wage growth, the unemployment rate, and […]