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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- News
‘Historic Relief for Americans’: Trump to Showcase Economy in State of the Union Address
President Donald Trump is expected to highlight his economic accomplishments in the 2026 State of the Union address. The official theme of the speech is reportedly “America at 250: Strong, Prosperous and Respected.” Trump will showcase the economy by highlighting working-family guests and a data-driven case on affordability, Fox News Digital first reported. For instance,…Elizabeth Troutman Mitchell -
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Spanberger to Respond to the State of the Union Despite Sewage Crisis
Virginia Gov. Abigail Spanberger ran her gubernatorial campaign last year as a moderate Democrat. Now that she’s sworn in, however, Virginia Democrats are pushing for a slew of new taxes as the state struggles to respond to winter storms and the massive Potomac sewage spill. Nevertheless, her performance seems good enough for national Democrats to…Virginia Grace McKinnon -
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Border Patrol Union Blames Biden Admin for Cartel’s Possession of ‘Military-Grade Weapons’
The National Border Patrol Council is blaming the Biden administration for a Mexican criminal cartel obtaining “military-grade weapons.” “For the entire [four] years of the Biden administration’s destructive term, his team allowed unfettered access and ceded complete control of our border to the Mexican cartels, so it’s no surprise to anyone that the cartels were…Virginia Allen -
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Who Are the President’s State of the Union Guests?
First lady Melania Trump’s box will be filled with special guests during President Donald Trump’s State of the Union address Tuesday night. Trump’s honored guests include men and women of the U.S. military and “everyday Americans who have benefited” from Trump’s policies, according to White House press secretary Karoline Leavitt. Pennsylvania wife and mother Megan Hemhauser is…Virginia Allen -
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Markets Offer Unusual Bets on State of the Union
Ahead of President Donald Trump’s State of the Union address, online prediction markets are offering bets on a host of questions. Prediction markets, such as Kalshi and Polymarket, have exploded in popularity in recent years, raising legal and regulatory questions. Here are some of the unusual wagers these services are offering when Trump takes the…George Caldwell -
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EXCLUSIVE: Johnson Reveals State of the Union Special Guest
FIRST ON THE DAILY SIGNAL—Speaker of the House Mike Johnson will bring pro-life advocate Pastor Damon Magee, of Shreveport, Louisiana’s Kings Temple UPC, as a special guest to President Donald Trump’s State of the Union address on Tuesday. “I am honored to welcome Damon Magee to the U.S. Capitol as my guest for the president’s…Pedro Rodriguez -
- Opinion
Obama Has No Business Lecturing Anybody About Decency
In a recent interview with “No Lie” podcaster Brian Tyler Cohen, former President Barack Obama claimed that conservatives do “the mean, angry, exclusive, us/them, divisive politics. That’s their home court. Our court is coming together.” This is a jaw-dropping contention coming from a man who began his presidential aspirations accusing Americans who refused to embrace…David Harsanyi -
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Pipe Dream? DC Asks for Federal Funds After Sewage Spill
In the aftermath of a massive sewage leak near the nation’s capital, D.C. Mayor Muriel Bowser is asking President Donald Trump to use his emergency powers to provide federal disaster relief funding. “I respectfully request that you declare a Major Disaster for the District of Columbia in response to a sewer line collapse impacting the…George Caldwell -
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US Weekly Jobless Claims Fall More Than Expected Amid Labor Market Stability
REUTERS—The number of Americans filing new applications for unemployment benefits fell more than expected last week, consistent with a stabilizing labor market. Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 206,000 for the week ended Feb. 14, the Labor Department said on Thursday. Economists polled by Reuters had forecast 225,000 claims…Lucia Mutikani -
- Opinion
Employment Up and Inflation Down, New BLS Report Shows
Last week, the Bureau of Labor Statistics released its January 2026 Current Employment Statistics and consumer price index reports. Here’s what you need to know: These reports suggest stabilization within the American economy, contrary to economists on the left and the right who have been quick to express labor and broad market pessimism. Total nonfarm…Nicole Huyer -
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SOTU Boycott Urged by Gen Z Activist Group
Young People Address the Nation, a campaign that “hosts actions in response to moments that lack perspectives from young people,” has called on members of Congress to boycott President Donald Trump’s upcoming State of the Union address. In a call to action obtained by The Daily Signal on Monday, Young People Address the Nation, which…Pedro Rodriguez -
- Opinion
Yes, We Can Stop Welfare Fraud
Americans want to help people in need, but when government does that, about 500 billion taxpayer dollars get stolen. It’s how the system is designed, says the United Council on Welfare Fraud’s Andrew McClenahan in this new video. “You’re measuring success by the amount of money you put out.” Because of that, government agencies rarely…John Stossel -
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White House Celebrates Inflation Beating Expectations in January
Inflation beat expectations by dropping to 2.4% in January, according to new data from the Bureau of Labor Statistics. “President [Donald] Trump has defeated Joe Biden’s inflation crisis in record time. Inflation is low, wages are up, and the American economy is booming—all thanks to President Trump’s pro-growth agenda,” White House spokeswoman Taylor Rogers told…Elizabeth Troutman Mitchell -
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US January Budget Deficit Falls to $95 Billion as Revenue Gains Outpace Spending Growth
WASHINGTON, Feb. 11 (Reuters)—The U.S. government posted a $95 billion budget deficit in January, down $34 billion, or 26%, from a year earlier as revenue gains, including customs duties, outpaced growth in outlays, the Treasury Department said on Wednesday. Adjusting for routine calendar shifts in benefit payments due to holidays, weekends, and other factors in…David Lawder -
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US Job Growth Surges in January
WASHINGTON, Feb. 11 (Reuters)—U.S. job growth unexpectedly accelerated in January and the unemployment rate fell to 4.3%, signs of labor market stability that could give the Federal Reserve room to keep interest rates unchanged for some time while policymakers monitor inflation. But the largest increase in payrolls in 13 months reported by the Labor Department…Lucia Mutikani -
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EXCLUSIVE: Senators Ask Education Department to Collaborate on Student Loan Fraud Probe
FIRST ON THE DAILY SIGNAL—In a letter shared with The Daily Signal, Sen. Tommy Tuberville, R-Ala., and Sen. Jon Husted, R-Ohio, unveiled their plans to uncover fraud, waste, and abuse in federal education funding and the Biden-era student loan “bailout agenda.” The senators’ announcement follows their appointment by Sen. Bill Cassidy, R-La., chairman of the…Pedro Rodriguez -
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House Passes Housing Affordability Bill
The House of Representatives on Monday passed the Housing for the 21st Century Act, making changes to federal housing regulations, which proponents say could drive down the cost of homes. The bill, sponsored by Financial Services Committee Chairman French Hill, R-Ark., passed by a 390-9 margin. Eight Republicans and one Democrat voted against it, while…George Caldwell -
- Opinion
Modern Science Is Smart Public Policy for a Healthy Nation and Economy
The news two weeks ago from the National Institutes of Health could be downplayed as a tidbit of politics by the Trump administration around the anniversary of the 1973 Supreme Court abortion decision. But that would be missing the larger import of the statement by NIH Director Jay Bhattacharya about the agency’s decision to end…David Prentice -
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‘NOT ACCEPTABLE’: Trump Admin ‘Clamping Down’ on Foreigners Taking American Jobs
Equal Employment Opportunity Commission Chair Andrea Lucas is seeking to prevent Americans losing their jobs to foreign workers. “Most people understand that you can’t discriminate against a foreign worker, but they don’t understand that American workers could constitute a national origin,” said Lucas, who oversees the federal government’s employment discrimination agency. “It’s one of those…Elizabeth Troutman Mitchell -
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Billions in Tax Dollars Pay for Empty Federal Buildings
FIRST ON DAILY SIGNAL—Selling off unused or underused federal property could save taxpayers $3 billion in deferred maintenance costs, and more than $100 million in operation costs each year, according to one government report. Sen. Joni Ernst, R-Iowa, chairwoman of the Senate DOGE Caucus, introduced legislation to expedite the sales of these properties. “Why should taxpayers be stuck with billion-dollar bills for bureaucrats…Fred Lucas