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

    Blue Cities Like Portland Prioritize the Antisocial Over the Law-Abiding

    Like many of America’s once-great metropolises, Portland, Oregon, has seen better days. Drug-addled homeless continue to ravage the streets, and businesses have begun packing their bags for greener pastures, following the thousands of city residents who have had enough. The reason Portland has become such a disaster is simple: It prioritizes the needs of its…
    Douglas Blair
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    • Analysis

    How Can Ohio Pull Itself Up for Family Status Ranking?

    Ohio is below average in family rankings, according to a recent report that measures family strength and stability across all 50 states. But two top elected officials in the Buckeye State say promoting fatherhood and lowering the tax burden could help improve the situation. Last month, the Center for Christian Virtue released its 2026 Family…
    Rebecca Downs
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    • Opinion

    Capitalism: The Thing That Works

    Young people now blame capitalism for poverty, racism, high prices, even climate change.  They listen to people like Rep. Alexandria Ocasio-Cortez, D-N.Y., who says, “Capitalism … is the absolute pursuit of profit at all human, environmental, and social cost. That is not a redeemable system.” Give me a break. Yes, capitalism is often ugly. It…
    John Stossel
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    • Opinion

    Big Business Bows Down in Beijing

    Among the $308.37 billion in goods that the United States imported from China in 2025, the No. 1 category was described by the Census Bureau as “cell phones and other household goods.” Americans last year purchased $39,246,893,116 worth of these items manufactured in that communist regime. Not surprisingly, Tim Cook, the chief executive officer of…
    Terence Jeffrey
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    • Opinion

    How ESG Will Destroy Your Company

    On Feb. 26, 2026, Texas Attorney General Ken Paxton secured a “first of its kind” settlement with the Vanguard Group, which, together with BlackRock and State Street, makes up the “Big three” asset managers representing “the largest shareholders in 88 percent of S&P 500 companies.” Among other things, the press release announcing the settlement noted that “Vanguard…
    Stefan Padfield
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    • News

    $1.3 Billion Frozen in Sweeping California Hospice Fraud Crackdown

    More than $1.3 billion in federal health care reimbursements have been halted, and 800 hospices have been suspended amid a sweeping crackdown on California hospice fraud. These efforts have been led by Vice President JD Vance and Centers for Medicare & Medicaid Services Administrator Dr. Mehmet Oz, who President Donald Trump selected to lead the…
    Angelina Delfin
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    • News

    Trump Announces Chinese Investment in American Industry

    President Donald Trump said that Chinese leader Xi Jinping has committed to purchasing American energy commodities, soybeans, and jets. In an interview with Fox News’ Sean Hannity, Trump said Beijing would buy 200 Boeing 737 jets, as well as soybeans, oil, liquefied natural gas, and other energy commodities. “We had a very good meeting, but…
    Elizabeth Troutman Mitchell
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    • News

    GOP Leads With Fraud Crackdown in Next Affordability Push

    House Republicans working to save Americans over a trillion dollars before the midterms say they are ready to deliver on housing, health care, energy affordability, and fraud prevention—but they may not have enough time. “This isn’t going to be as massive as what we saw last July, but this is like a two-minute drill where…
    Virginia Grace McKinnon
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    • Exclusive

    Congressman Wants to Ban Illegal Aliens From Banking System Amid Possible Trump EO

    FIRST ON THE DAILY SIGNAL—Citing concerns that access to financial services incentivizes illegal immigration and could aid terrorism, Rep. Keith Self, R‑Texas, introduced legislation Thursday that would bar illegal aliens from the U.S. banking system by requiring banks to collect customers’ citizenship or immigration status. “Access to America’s financial system is reserved for those who…
    Pedro Rodriguez
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    • Opinion

    Ukraine Is Not a Cost. It Is an Opportunity.

    Americans are right to ask a simple question about Ukraine: What is in this for us? That question deserves a clear and practical answer grounded in American interests. The strongest case for supporting Ukraine is not based on rhetoric or abstract appeals to the “international community,” but rather a straightforward assessment of what it means…
    Vitaliy Kim
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    • Opinion

    Here’s How You Can Fight Back Against TV Shows Pushing the Transgender Woke Agenda on Your Kids

    The LGBTQ+ agenda for brainwashing your kids isn’t subtle. Activists often chant, “We’re here, we’re queer, we’re coming for your children.” Parents who wish to protect impressionable young kids from the noxious idea that Billy can become Sally don’t just need to watch their local elementary school—they need to remain on alert at the library…
    Tyler O’Neil
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    • Opinion

    California’s ‘Billionaire Tax’ Could Reach Far Beyond Billionaires

    Last week, the Service Employees International Union (SEIU) announced it had gathered more than 1.5 million signatures—nearly double what it needed—to put a sweeping new wealth tax on California’s November ballot. The initiative is called the 2026 Billionaire Tax Act. The name is designed to make you stop reading. Don’t. SEIU has spent months positioning itself as…
    Aaron Withe
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    • News

    Energy Sec Can’t Say When Gasoline Prices Will Drop

    THE DAILY CALLER NEWS FOUNDATION—Energy Secretary Chris Wright deflected when asked by “Meet the Press” host Kristen Welker about when gas prices would start to drop. The average price of a gallon of gas in the United States on Sunday was $4.52, according to AAA, up over $1.50 from $2.98 on Feb. 26, days before the start…
    Harold Hutchison
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    • Exclusive

    Trump Unveils New Plan to Lower Cost of Childcare for Low-Income Americans

    FIRST ON THE DAILY SIGNAL—The Trump administration is advancing policies to reduce the burden of childcare costs on low-income families, The Daily Signal has learned. The Administration of Children and Families, a division of the Department of Health and Human Services, will issue a combination of new rules and guidance to states in order to…
    Elizabeth Troutman Mitchell
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    • Opinion

    Virginia May Enact Disastrous Public Sector Collective Bargaining Legislation

    A pair of bills sits on Virginia Gov. Abigail Spanberger’s desk that, if enacted, would expand public sector union power at the expense of taxpayers. Late last month, the Virginia House and Senate sent HB1263 and SB378 to the governor for her signature. Both bills would remove longstanding prohibitions on collective bargaining for public sector…
    Douglas Blair
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    • Exclusive
    • News

    AFP Action Continues Support for Husted

    FIRST ON THE DAILY SIGNAL—With U.S. Sen. Jon Husted officially the Republican nominee against former Democrat Sen. Sherrod Brown, Americans for Prosperity Action is ramping up efforts for this special election in Ohio. After endorsing him in March, the group is doing an ad campaign for Husted. With the new $750,000 ad buy, AFPA has…
    Rebecca Downs
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    • News

    Lutnick Tells House Panel No Personal or Professional Relationship With Epstein 

    Commerce Secretary Howard Lutnick told a House panel behind closed doors Wednesday that his interactions with convicted sex offender Jeffrey Epstein, with whom he met three times, were limited to being neighbors, according to a person familiar with the testimony. Lutnick told members of the House Oversight and Government Reform Committee that he met three…
    Fred Lucas
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    • Opinion

    Spirit Airlines and the Government’s Antitrust Follies

    Ronald Reagan had a saying about how government works: “If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” His point was that bureaucrats love to “solve” problems, which inevitably creates new problems that they then “solve” again. There are few better examples of this than how…
    Daniel J. Mitchell
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    • News

    Georgia Considers Extending Gas Tax Relief

    Georgia Lt. Gov. Burt Jones says he is open to extending the state’s temporary suspension of the gas tax as fuel prices remain elevated. “I think the logical thing for us to do when it comes up on May 31 would be for us to extend it,” Jones told NBC41. “Gas prices can fluctuate literally…
    Pedro Rodriguez
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    • News

    Mehek Cooke Warns Ideological Decisions Are Hurting American Consumers

    Mehek Cooke, senior national security and legal analyst at The Daily Signal, warned that the shutdown of Spirit Airlines exposes a broader failure by the Biden administration and Democrat leaders to think through the real-world consequences of ideologically driven policy decisions, which she says are now directly hurting American consumers. Appearing on NewsNation over the…
    Mehek Cooke
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