Senator Bernie Moreno (R-OH) declared Saturday that Republicans are fully committed to advancing President Donald Trump’s sweeping economic agenda, emphasizing that “failure is not an option” when it comes to making Trump-era tax cuts permanent and reviving American prosperity.
A new report from California’s Legislative Analyst’s Office (LAO) paints a bleak picture of the state’s economy, describing it as “stagnant” and “fragile,” with job losses, falling consumer spending, and unsustainable reliance on stock market gains driving serious fiscal concerns. The warning is backed by multiple indicators showing the state slipping toward recession territory.
U.S. Treasury Secretary Scott Bessent said the administration is "very close" to completion of multiple trade deals with U.S. trading partners in Asia.
U.S. consumer confidence took a significant hit in April, falling to its lowest level in nearly four years. Concerns over trade policy, inflation, and market instability drove the drop, even as Americans maintained relatively strong views of their current financial situations.
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.
Colorado has ranked seventh in the nation for energy efficiency, marking the first time the state has appeared in the top 10, according to the 2025 State Energy Efficiency Scorecard from the American Council for an Energy-Efficient Economy. The ranking evaluates states on policies and programs aimed at reducing energy costs and cutting climate pollution through energy efficiency measures.
U.S. job openings rose unexpectedly in January, highlighting a resilient labor market that continues to defy negative forecasts regarding President Donald Trump’s economic policies....
