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.
On his second day in office, President Donald Trump addressed the H-1B visa program, acknowledging both sides of the contentious debate while emphasizing the need for "competent people" to contribute to the U.S. workforce. Speaking at a White House press event with CEOs Larry Ellison (Oracle), Masayoshi Son (Softbank), and Sam Altman (OpenAI), Trump described the importance of skilled immigration for economic growth while refraining from endorsing an expansion or reduction of the program.
President Donald Trump unveiled a groundbreaking initiative Tuesday to build colossal artificial intelligence (AI) data centers across the United States.
Following the swearing-in, President Trump promptly initiated a series of executive actions aimed at reversing several policies from the previous administration.