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Economy

Democrat Chaos Erupts as Schumer Deal Triggers Shutdown Revolt

House Democrats revolt against a Schumer-negotiated deal with the Trump administration, risking a longer federal shutdown.

Walmart CEO Doug McMillon Retires as Retail Giant Attracts Wealthier Shoppers

Walmart’s CEO Doug McMillon is retiring as the retailer attracts more higher-income shoppers amid inflation and evolving consumer habits.

Fed Freezes Rates as Inflation, Politics Begin to Boil

The Federal Reserve left interest rates unchanged on Wednesday in a 10‑2 vote, signaling a pause in its recent cycle of monetary easing and pointing to signs that the labor market is stabilizing.

Trump’s Tariff Chaos, Supreme Court Can’t Stop U.S. Trade Turmoil

Tariff uncertainty for small businesses isn’t going away anytime soon, regardless of how the U.S. Supreme Court ultimately rules.

Trump Fed Inflation Pressure Explodes After New Data

Federal Reserve officials are facing mounting scrutiny after new business survey data undercuts their justification for keeping interest rates elevated.

Driving Decline: Why Fewer Miles on the Road Could Reshape Housing Markets

A driving decline is quietly changing how Americans live, even as homebuilders continue to bet on car-dependent development.

Housing Reality Check: Affordable Homes May Be History

A housing market expert is warning that the level of affordability Americans enjoyed before the COVID-19 pandemic is unlikely to return.

Trump Claims $18 Trillion Boom, ‘Greatest Investment Surge’

President Donald Trump told the Detroit Economic Club on Tuesday that a “Trump economic boom” is firmly underway.

Billionaire Exodus Accelerates as California Taxes Trigger Alarms

Billionaire exodus warnings are growing louder as prominent business leaders continue leaving California amid looming tax proposals set to take effect in 2026.

Job Market Warning: Private Sector Adds Just 41,000 Jobs

The ADP December jobs report shows private employers added just 41,000 jobs, raising concerns about continued labor market weakness.

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