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
US Tariff Lawsuits Returned to Trade Court to Determine Next Steps
REUTERS—A U.S. appeals court on Monday returned the lawsuits that led to most of President Donald Trump’s tariffs being struck down to the U.S. Court of International Trade, which could determine the process for refunding more than $130 billion to importers. The U.S. Court of Appeals for the Federal Circuit issued a one-page order granting the… -
news
Courts Split on Role IRS Can Play in Immigration Enforcement, Data Sharing
In the span of two days, courts have issued somewhat conflicting rulings about what the Internal Revenue Service can do to assist the Trump administration’s immigration enforcement efforts. On Thursday, U.S. District Judge Colleen Kollar-Kotelly for the District of Columbia determined that almost 43,000 addresses the IRS shared with Immigration and Customs Enforcement last August… -
news
Future of SAVE America Act in Limbo as Senate GOP Turns to Housing
In the wake of President Donald Trump’s State of the Union, the Senate GOP says they “look forward” to getting straight to work implementing the aggressive legislative agenda the president laid out in the speech. Foremost among the president’s priorities is the SAVE America Act, which would secure America’s elections by requiring proof of citizenship to register to… -
analysis
A Legal Analysis of the Supreme Court’s Tariff Ruling
The Supreme Court has struck down President Donald Trump’s use of the International Emergency Economic Powers Act to impose tariffs by a vote of 6-3, with Chief Justice John Roberts writing for the majority. Notably, the majority opinion made clear: “We claim no special competence in matters of economics or foreign affairs. We claim only,… -
opinion
Learning Economic Literacy Through Another Government Shutdown
Despite last-minute negotiations, federal leaders have once again entered another federal government shutdown, as funding has lapsed for the Department of Homeland Security. To eventually re-open DHS, Congress will have to resort to an increasingly common financial legerdemain: funding the federal government through a last-minute “continuing resolution” rather than an on-time vote before the start… -
opinion
SOTU: The Economy Is Improving for Americans
The American economy is strong. That sounds simple, but in the current political climate, simple truths have a way of getting buried under argument and qualification. So, it’s worth saying plainly: By most meaningful measures, the first year of President Donald Trump’s second term has been good for the economy. The numbers say so. The… -
news
LIVE STATE OF THE UNION COVERAGE by Daily Signal, Featuring Tony Kinnett
The Daily Signal is LIVE right now with extraordinary coverage of President Donald Trump’s State of the Union address. The Daily Signal’s Tony Kinnett stages a special edition of his show, “The Tony Kinnett Cast,” featuring pre-speech commentary and expert analysis by Daily Signal reporters and editors. Then, it’s uninterrupted coverage of the president’s remarks… -
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,… -
news
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… -
news
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… -
news
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… -
news
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… -
news
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… -
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… -
news
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… -
news
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… -
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… -
news
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… -
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… -
news
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…