Economy News
The Daily Signal reports on economy news with analysis and commentary on growth, recession risks, employment, and financial trends.
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opinion
SEC to Investigate Role of Alleged Activist Insiders in Corporate Voting
The left-wing environmental, social, and governance movement, which only a few years ago was deeply embedded in corporate America, is now facing an assault on one of its greatest sources of leverage and control—the corporate proxy vote. Proxy voting is the process by which asset managers vote on corporate actions on behalf of the end… -
opinion
EJ Antoni on Affordability: ‘Keep Your Foot Down on the Throttle, Mr. President’
The new buzzword today seems to be affordability. Suddenly, the entire media has woken up to the fact that Americans are in a cost-of-living crisis, something that has been true for several years now. Of course, the mainstream media had no interest in discussing the issue when Joe Biden was in office, but now they view it as… -
analysis
This One Issue Is Driving Gen Z to the Right
PHOENIX—All eyes were on Gen Z this weekend as more than 10,000 students gathered at Turning Point USA’s AmericaFest, where speakers and panels discussed the issues motivating Gen Z heading into a pivotal election year. After making impressive inroads with young voters in the 2024 presidential election, the conservative movement is vigorously debating how to address… -
opinion
Gas Prices Are the Lowest in Years. So Why Does Filling Up a Tank Break the Bank?
There’s a good chance that if you’re filling up your car today, you’re paying the lowest price in four years. According to December AAA data, the national average gas price is about $2.90 per gallon—marking the first time it has fallen below $3 since 2021. Despite this decline, a Fox News poll found that 54%… -
opinion
Minnesota Fraud Exposes the Baked-In Flaws of Welfare
The U.S. welfare system is broken, and the Minnesota scandal is a blaring warning to that reality. The failure of political leaders on many fronts bears some of the blame. But the main culprit is the massive federal welfare system that annually passes hundreds of billions of dollars down to states to dole out, with the philosophy that the… -
news
What the Fed Chair Candidates’ Backgrounds Reveal About If They’ll Cut Interest Rates
President Donald Trump recently told The Wall Street Journal he is favoring selecting either National Economic Council head Kevin Hassett or former Federal Reserve Governor Kevin Warsh for the next chair of the Federal Reserve. Trump has said he expects the next Fed chair to cut interest rates. How have the candidates under consideration approached interest rate cuts in… -
news
EXCLUSIVE: How Transportation Secretary Will Help Trump Defund Woke Universities
FIRST ON THE DAILY SIGNAL—Transportation Secretary Sean Duffy is expected to revamp the agency’s university grant program after axing requirements that the schools fund diversity, equity, and inclusion and environmental initiatives, The Daily Signal can first report. Duffy plans to announce $33 million in grants to universities to “unleash American innovation.” This comes after the Department… -
opinion
Trump’s Inflation Trap
What can Donald Trump do to stop morphing into Joe Biden? The two presidents could hardly be more different in most ways—but in the one that counts most with voters, Trump is in danger of resembling his predecessor. Americans rejected Biden and the Democrats last year because they were incensed at the lousy state of… -
opinion
The Political Meme That Destroyed a Presidency
Editor’s note: This is a lightly edited transcript of today’s video from Daily Signal Senior Contributor Victor Davis Hanson. Subscribe to our YouTube channel to see more of his videos. Hello, this is Victor Davis Hanson for The Daily Signal. I’ve talked about affordability, this new meme, this new theme that the Democrats are using against… -
news
‘I Know What It’s Like’: Vance Shines as Republican Messenger on Affordability
LEHIGH VALLEY, Penn.—When Vice President JD Vance recalled his grandmother’s choice between putting food on their table and paying for her medications, he arose as the Republicans’ secret weapon on affordability messaging. “I know what it’s like for a woman who’s trying to support a grandson but can’t afford her prescription drugs because pharmaceutical companies… -
opinion
More Tax on Tips: Blue States Undercutting New Federal Tax Cuts
Filthy, vile, and disgusting. And I would add: reprehensible, repulsive, and rebarbative. These words perfectly describe the latest Democrat scheme to shaft industrious, economically embattled Americans, all so that the Left can get President Donald Trump. There are no depths too low for Democrats to dig to hurt this president. They were at Sub-basement Level 14 and have now jackhammered their… -
news
Exclusive: How Labor Secretary Is Helping Linda McMahon Dismantle the Department of Education
Labor Secretary Lori Chavez-DeRemer said she expects to see success from the Labor Department taking on the responsibilities of the Education Department. The Department of Education and the Labor Department integrated the federal government’s education and workforce portfolio. The change positioned the Labor Department as the headquarters for all federal workforce programs and executed the… -
opinion
Big Pharma’s High Prices Are Its Own Decision—and the Government’s Fault
For years, pharmaceutical executives have insisted that drug prices are out of their hands. Government red tape, research costs, and reimbursement rules are all offered as explanations for why Americans pay more at the pharmacy counter than anyone else in the developed world. It’s a tidy narrative. It’s also only half-true—pharma could easily drop its… -
news
EXCLUSIVE: Labor Secretary Reveals Whether Trump Can Axe H-1B Visas
FIRST ON THE DAILY SIGNAL—Labor Secretary Lori Chavez-DeRemer said the law doesn’t allow the Trump administration to eliminate H-1B visas. When asked by The Daily Signal if eliminating the program—a proposal popular with the MAGA base—is a possibility, Chavez-DeRemer said “I don’t think that that’s really what’s in the law.” “The law is, H-1B visa… -
news
EXCLUSIVE: How Labor Secretary Is Saving American Jobs From AI Replacement
FIRST ON THE DAILY SIGNAL—Labor Secretary Lori Chavez-DeRemer is dedicating every possible resource to ensuring American jobs aren’t lost to artificial intelligence, she told The Daily Signal in an exclusive interview. “You’ll see the media talk about, the fearmongering—you’re gonna lose your job—but I can tell you this,” she said, “we are deploying everything we… -
opinion
It’s Time for Congress to End OPT and Put American Workers First
For too long, Washington has allowed a massive, unauthorized foreign guest-worker pipeline to operate outside the law, undercut American students, and expose our nation to significant economic and national-security risks. It’s called Optional Practical Training, an Immigration and Customs Enforcement program created by bureaucratic fiat in 1992 and radically expanded by the Obama administration. And Congress never authorized a… -
news
How Obama, Biden Regulations Slowed Technology Growth in Health Care
Regulations from Obamacare and under the Biden administration not only increased the cost of health care, they also made it more difficult to advance artificial intelligence and other technology in medicine, experts told a House panel Wednesday. The regulations amount to “layers of permission” for health data, said Dr. Ziad Obermeyer, Blue Cross of California… -
news
BREAKING: Divided Fed Makes Money Decision Ahead of Christmas
Federal Reserve Chairman Jerome Powell announced the third interest rate cut of the year in a news conference Wednesday. “Today, the Federal Open Market Committee decided to lower our policy interest rate by a quarter percentage point,” Powell said. The rate cut brings the federal funds rate between 3.5% and 3.75%, following similar-sized rate cuts… -
news
18 States Now Allowed to Restrict Food Stamp Usage on Junk Food
Agriculture Secretary Brooke Rollins said on Wednesday that she has granted waivers to six additional states, allowing them to prevent the use of food stamps to purchase certain items, like soft drinks and candy. “President [Donald] Trump has made it clear: we are restoring SNAP to its true purpose – nutrition. Under the MAHA initiative, we are taking bold,… -
news
Trump Administration Has Found 62,000 Children, Some Victims of Sex Trafficking and Forced Labor, Tom Homan Reports
The Trump administration has located 62,000 children who entered the U.S. unaccompanied under the previous administration, according to border czar Tom Homan. “Some of these children were in sex trafficking—we found them. Some were in forced labor, some were being mistreated—I can’t even discuss some of the mistreatment we found out about,” Homan said Sunday on Fox News’ “Fox & Friends Weekend.” “President [Donald] Trump, again, proves why…