President Donald Trump’s announcement of new reciprocal tariffs reignited global debate over trade policy, drawing sharp criticism from establishment economists and former officials. But beneath the surface of economic formulas and elasticities lies a deeper strategic shift—one aimed at reclaiming American leverage in a global system long skewed against U.S. workers.
Wisconsin’s new state budget includes a $5 million allocation to revive film tax credits and establish a state film office under the Department of Tourism. The initiative, supported by Democrat Gov. Tony Evers, aims to attract more film and television productions to the state by offering generous tax incentives.
Amid low inventory, rising prices, and economic uncertainty, a new national survey reveals that 70 percent of Americans are bracing for a housing market crash this year. Concerns are particularly strong in Illinois, where home sales remain stagnant and affordability fears are growing among homeowners and potential buyers alike.
California’s once-booming economic engine is now flashing warning signs, according to the American Legislative Exchange Council’s latest “Rich States, Poor States” report. While the Golden State still ranks high in historical economic performance, its future outlook continues to darken under the weight of taxes, regulatory overreach, and declining private-sector employment.
For the 12th consecutive year, New York has landed at the very bottom of the American Legislative Exchange Council’s (ALEC) “Rich States, Poor States” economic outlook rankings. The report, released Tuesday, ranks all 50 states based on 15 factors related to taxation, regulation, labor costs, and economic policy.
Treasury Secretary Scott Bessent reaffirmed the Trump administration’s economic strategy Wednesday, emphasizing plans for trade alliances with key partners to counter China while brushing off fears of a financial meltdown.
Rep. Andy Barr (R-KY) told Breitbart News that enacting President Donald Trump’s economic policies will combat inflation by cutting taxes, reducing spending through the Department of Government Efficiency (DOGE), and restoring American energy dominance.
Pope Francis, known for his advocacy of open borders, criticized former President Donald Trump’s immigration policies, calling plans to deport individuals unlawfully in the United States “a disgrace.” The Pope’s remarks reflect his broader stance urging Western nations to welcome migrants, a position that has often clashed with conservative immigration policies.
The S&P 500 climbed to a record high on Wednesday, fueled by enthusiasm over Netflix's quarterly results and the technology sector's strong performance.
