House Democrats are opposing President-elect Donald Trump's proposed tariff increases. Representatives Suzan DelBene (D-WA) and Don Beyer (D-VA), joined by 11 other Democrats, introduced...
Scott Bessent, nominee for Treasury Secretary under the incoming Trump administration, is set to outline a bold economic agenda during his Senate confirmation hearing Thursday. According to prepared remarks, Bessent will emphasize the need to permanently extend the 2017 Tax Cuts and Jobs Act while advancing new policies to reduce the tax burden on manufacturers, service workers, and seniors.
A recent Reuters/Ipsos poll reveals that most Americans oppose higher tariffs on imported goods if they lead to increased consumer prices. The findings highlight the political risks surrounding President-elect Donald Trump's plan to impose steep import tariffs aimed at boosting American industry and curbing illegal activities such as fentanyl trafficking.
President Joe Biden's public approval rating has fallen to its lowest level in almost two years, tying the lowest point of his presidency, according...
Restaurant owners have often utilized surcharges to fund employee benefits like health care, with some establishments listing these charges on menus while others made...
"Ensuring that government follows the same nonaggression principle as law-abiding citizens is the key to a society of freedom, peace, and prosperity," writes Dr. Paul.
While services inflation began to moderate and rent prices rose at a slower pace, "inflation still remains too hot for the Fed's liking," according to senior economist at Wells Fargo in Charlotte, North Carolina Sarah House.
US credit card debt inched close to a trillion dollars in the fourth quarter of 2022, the New York Federal Reserve Bank said in its quarterly report on household debt, released on Thursday.
