Economy

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  • news

    White House Makes ‘Historic’ Intel Deal Official

    After considerable chatter, the Trump White House made official a decision that is earning praise while also ruffling some feathers. The United States government will have a 9.9% stake in Intel, which could spell good news not only for the company, but the United States, including Ohio. The plan is especially integral to Ohio, given…
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  • opinion

    Why Washington Fears EJ Antoni

    Washington is flailing. The establishment has gone into a full meltdown over one man: EJ Antoni. Why? Because he’s telling the truth taxpayers already know—America’s economic data system is broken, politicized, and no longer trusted. For decades, the Bureau of Labor Statistics was supposed to be the gold standard of government data. Today, it’s a…
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  • opinion

    Why Do So Many Young Adults Like Socialism?

    The two most recent polls—Gotham and Siena—on the New York City mayoral race show Democrat candidate Zohran Mamdani leading Andrew Cuomo, running second as an independent, by 18 and 19 points, respectively. Mamdani defeated Cuomo in the Democrat primary in June, garnering 56.39% of the vote. Mamdani is a New York state assemblyman, a Muslim…
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  • news

    Trump Demands Resignation of Official Accused of Mortgage Fraud

    President Donald Trump said a Federal Reserve Board governor who has refused to lower interest rates “must resign, now!!!” Lisa Cook has also been accused of mortgage fraud by Federal Housing Finance Agency Director William Pulte, who sent a letter to Attorney General Pam Bondi saying Cook “falsified bank documents and property records to acquire more…
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  • opinion

    The Fed’s Refusal to Cut Interest Rates Is Costing Americans

    It’s not every week that sees a Federal Reserve development set to shape America for years to come. But two such developments recently occurred two days apart: On July 30, the Fed’s board decided to hold interest rates at their current level, and on Aug. 1, board Gov. Adriana Kugler resigned. In its latest Federal Open Market Committee meeting, the Fed overruled the…
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  • opinion

    Trump Made Right Call in Picking EJ Antoni to Replace Biden-Appointed BLS Leader

    DAILY CALLER NEWS FOUNDATION—Heritage Foundation chief economist EJ Antoni is the perfect choice to clean up the mess at the Bureau of Labor Statistics—the guardian of America’s labor and inflation metrics. Policymakers, investors, journalists, and informed Americans rely on this data to cut through the noise and accurately gauge the economy. Unfortunately, the BLS’ credibility…
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  • opinion

    Glenn Youngkin’s Master Class in the Benefits of Pro-Growth, Free-Market Policies

    In Thursday’s address to Virginia’s Joint Money Committees, Gov. Glenn Youngkin delivered a clear message: Virginia’s economy is stronger than ever because of pro-growth, free-market policy choices.  His speech is a master class in good governance and sound economic policy. We must not stray from the course he has set. Here are some key points from…
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  • opinion

    Behind the ‘Moderate’ Mask: Spanberger’s Hidden Labor Policy Would Cost Virginia Jobs

    Virginia Democrat gubernatorial candidate Abigail Spanberger wants voters to believe she’s a moderate. That’s understandable. At a time when the Democratic Party’s favorability is at 33% and with an avowed socialist as the party’s nominee in the most highly visible election in the nation, the smart money is for Democrats in Virginia to run far from their party’s reputation….
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  • news

    EXCLUSIVE: Trump to Sign Order Elevating Office of Space Commerce

    FIRST ON THE DAILY SIGNAL—President Donald Trump is expected to sign an executive order elevating the Office of Space Commerce, The Daily Signal has learned. The order will move the office out of the National Oceanic and Atmospheric Administration, an agency focused on the condition of the oceans, atmosphere, weather, and climate. The Office of…
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  • news

    Why the Fed Chairman Embraced Biden’s Climate Agenda While Letting Inflation Run Rampant

    DAILY CALLER NEWS FOUNDATION—The Federal Reserve failed to prioritize its core mission to combat inflation while embracing the Biden administration’s “green energy” agenda, economic and energy policy experts told the Daily Caller News Foundation. Under Federal Reserve Chairman Jerome Powell’s leadership, the Fed joined a global climate change group and took other steps to align…
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  • opinion

    Trump Deregulation Agenda Could Deliver ‘Massive’ Savings on Cars, Appliances, Energy

    President Donald Trump’s return to the White House launched an ambitious deregulation agenda, which the Council of Economic Advisers in June projected would save Americans more than $900 billion, or $10,600 per family of four, on cars, appliances, and electricity bills. The July 29 announcement that the Environmental Protection Agency would rescind the 2009 “endangerment…
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  • news

    EXCLUSIVE: Pro-Trump Investment Firm to Escalate Battle With Fed If Key Request Not Met

    The Federal Reserve complied with a pro-Trump investment firm’s request to reveal which board members voted to keep the most recent meeting closed to the public. Azoria Capital applied for a temporary restraining order requiring the Federal Open Market Committee to allow the public to watch its meeting at the end of July. A judge…
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  • news

    Trump Nominates Conservative Economist to Bureau of Labor Statistics

    President Donald Trump has nominated The Heritage Foundation’s lead economist, E.J. Antoni, as the next commissioner of the Bureau of Labor Statistics. “Our Economy is booming, and E.J. will ensure that the Numbers released are HONEST and ACCURATE,” Trump said on Truth Social. “I know E.J. Antoni will do an incredible job in this new…
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  • opinion

    Virginians Could Save $1.4B a Year by Conforming to Trump Tax Law

    Should the 2026 Virginia General Assembly choose to conform state tax laws to the full set of new tax rules at the federal level, Virginia families and businesses might save as much at $1.4 billion annually. That is a fresh estimate from the Tax Foundation, which looked at the impact of full conformity in all 50…
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  • news

    Report: About 100,000 Californians Move to Texas Every Year

    THE CENTER SQUARE—Despite a popular Texas phrase, “Don’t California my Texas,” and a song about the phenomenon, Californians are increasingly relocating to Texas. Roughly 100,000 Californians are moving to Texas a year—the equivalent of the population of Santa Barbara, according to a new study by StorageCafe. “This makes California the largest source of newly-minted Texans, accounting for…
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  • news

    Trump to Settle on New Fed Governor by End of Week

    President Donald Trump said he would select a new Federal Reserve governor before the end of the week. At a White House event Tuesday in which Trump signed an executive order about preparations for the 2028 Los Angeles Olympics, a reporter asked Trump whether he had chosen a replacement for a vacant seat on the…
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  • news

    Trump to Sign Order Penalizing Politically Motivated ‘Debanking’

    President Donald Trump plans to sign an executive order cracking down on “debanking,” a term used to describe financial institutions that selectively close customer accounts or deny services based on political or ideological beliefs. The order directs bank regulators to investigate whether any financial institutions might have violated the Equal Credit Opportunity Act, antitrust laws,…
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  • news

    Trump Fires BLS Chief Over Job Data ‘Tampering’ as Hassett Calls for Fresh Leadership

    When confronted with July’s unexpectedly small job gain, National Economic Council Director Kevin Hassett questioned the job report’s accuracy and called for “a fresh set of eyes” at the Bureau of Labor Statistics. Friday’s report also included a sizable downgrade in the number of jobs created in May and June from original estimates. “The fact…
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  • news

    Jaguar CEO to Retire Following Last Year’s Ad Controversy

    The Jaguar CEO recently resigned in the wake of a controversial ad campaign the luxury car company released months ago in an effort to rebrand as “woke.”  After spending three years as CEO and three decades total with Jaguar Land Rover, Adrian Mardell will officially retire on Dec. 31, the company announced Thursday. This comes…
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  • news

    ‘Make America Fish Again’ Campaign Urges Policy Review

    THE CENTER SQUARE—Charter captains, commercial fishermen and recreational fishing advocates launched a national campaign this week urging President Donald Trump to issue an executive order restricting foreign industrial fishing in U.S. waters. The campaign calls for new protections to defend American jobs, marine ecosystems and the future of coastal communities. The campaign, titled “Make America Fish…
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