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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exclusive
WOKE ALERT: Major Companies Are Rebranding DEI or Sticking With It
FIRST ON THE DAILY SIGNAL—While corporate America has dialed back the woke messaging in recent years, as the second administration of President Donald Trump cracks down on “diversity, equity, and inclusion” efforts, some companies are still pushing DEI, climate, and LGBTQ+ initiatives, while some have rebranded the programs under new names. “Woke companies want you… -
news
Obama Judge Again Blocks Trump Mail Ballot Rule, Even After SCOTUS Decision
In a roller coaster week for the Trump administration’s rule on mail-in ballots, the same federal judge reversed by the Supreme Court imposed a 14-day temporary restraining order on the U.S. Postal Service. U.S. District Judge Indira Talwani in Boston ruled Thursday night that states can’t comply with the new rules this close to an… -
breaking
Trump Responds to Concerns About Canada Trade War Raising US Prices
President Donald Trump brushed off affordability concerns related to his trade war with Canada in response to a question from the Daily Signal on Thursday. Earlier this week, Trump announced he will impose tariffs on Canadian cars amid his trade war with our neighbor to the north. He has called Canada “one of the worst… -
analysis
Housing Affordability Crisis Results From ‘Too Much Socialism,’ Not Too Little: Report
America’s housing affordability crisis isn’t a result of too little government intervention or socialism, but a tragic consequence of massive federal intervention gone awry, a new Heritage Foundation report argues. “When it comes to housing, our problem isn’t a lack of socialism but too much socialism,” John Gibbs, Heritage’s economics director, told the Daily Signal…. -
news
In Effort to Boost Affordability, Trump Signs Proclamation Importing Foreign Beef
President Donald Trump signed a proclamation Wednesday afternoon to increase foreign imports of beef in an effort to lower beef prices ahead of midterms. Trump is temporarily removing tariffs on 300,000 metric tons of imported lean beef trimmings for 90 days. According to the proclamation, the countries supplying the beef would sell it at 25% below… -
opinion
Housing Is Too Expensive. Blame Your Local Tree Ordinance.
Matthew Bernard wanted to build a home. He bought a small lot in Oakland, California, and began clearing several diseased and fallen trees that the local fire department had identified as hazards. The result was a $915,000 “mitigation fee” from the city of Oakland—nearly five times the value of the lot itself. Under Oakland’s tree… -
news
Support for Beaver’s Mini Mart Continues After Buc-ee’s Sparks Outrage
Buc-ee’s opened its first Ohio location less than five months ago, but that excitement looks to have waned with the Texas gas station chain going after a local mini-mart that’s been a staple of Beavercreek, Ohio, for years. Earlier this month, Buc-ee’s put out a press release regarding a lawsuit against Beaver’s Mini Mart, which… -
opinion
Victor Davis Hanson: Why Trump Gets Results While Diplomats Fail
Editor’s note: This is a lightly edited transcript of the latest edition of “Victor Davis Hanson: In His Own Words” from Daily Signal senior contributor Victor Davis Hanson. Subscribe to Victor Davis Hanson’s own YouTube channel to watch past episodes. Victor Davis Hanson: I think Donald Trump has got, as I said earlier, an anaconda Civil War… -
opinion
The Real Reason Young Families Can’t Find Homes to Buy
President Donald Trump is considering a simple way to help America’s brutal housing market: Stop punishing people for selling their homes. Trump administration officials recently floated cutting the capital gains tax on home sales, potentially removing one obstacle that keeps longtime homeowners from selling and younger families from buying. It’s an idea worth pursuing. But it also… -
news
Canada Announces Retaliatory Tariffs; Trump Proposes ‘Lake America’
Canada is retaliating against the United States with new tariffs and President Donald Trump is floating changing the name of Lake Ontario to “Lake America” in the latest salvos in the weekslong trade dispute between Trump and Canadian Prime Minister Mark Carney. “The United States is giving serious consideration to changing the name of Lake… -
opinion
Victor Davis Hanson: Don’t Trust the Midterm Polls
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. Let’s have a periodic check on the status of the midterms that we’re now less than 80… -
news
Republican Ranchers in Congress Urge Trump to Put American Ranchers First
President Donald Trump announced a new deal to address the rising cost of beef, support American ranchers, and rebuild the smallest herd in modern history. Republican members of Congress are now criticizing Friday’s announcement, calling it a temporary solution that could hurt American ranchers in the long run. “For the next 90 days, the United… -
JD Vance, Ohio Figures Give Rousing Middletown Speech on Manufacturing Investments
Vice President JD Vance spoke at a factory in Middletown, Ohio, on Friday, his first appearance in his hometown since being elected to the nation’s second-highest office. In addition to sharing sentiments about his papaw working at that same factory, the Cleveland-Cliffs Middletown Works steel plant, Vance spoke on what the Trump administration is doing… -
news
Treasury Sec to Unveil ‘Economic D-Day’ Against Iran
Treasury Secretary Scott Bessent will announce massive new sanctions against Iran on Monday, a move he likened to “economic D-Day.” In an op-ed published in the Financial Times, Bessent said he is launching the “single greatest financial offensive ever marshalled against an adversary.” He said any nation that associates with Iran will face isolation. “Iran’s… -
opinion
Cracker Barrel Helps Itself to Humble Pie After Catastrophic CEO
THE WASHINGTON STAND—A year ago this month, America was in a full-blown uproar over the radical makeover of a beloved restaurant chain known for its therapeutic chicken and dumplings. Now, 12 months after Cracker Barrel’s disastrous rebrand, karma (and the unemployment office) has come calling for CEO Julie Masino. The longtime restaurant executive is out… -
news
‘Freedom Doesn’t Just Ring, It Revs’: IndyCar Brings America’s 250th Celebration to DC
WASHINGTON—This weekend, the streets of the nation’s capital will be taken over by one of the most American sports, IndyCar. The Freedom 250 Grand Prix will be a 250-mile race through the heart of the city, circling the National Mall and passing monuments and government buildings. It is set to bring more than 100,000 fans,… -
opinion
Ending the Welfare State as We Know It
President Bill Clinton signed the Personal Responsibility and Work Opportunity Reconciliation Act, otherwise known as welfare reform, into law 30 years ago on Aug. 22, 1996. The following is an excerpt from Lee Edwards’ book “The Power of Ideas”. Edwards served as a distinguished fellow at The Heritage Foundation and died in 2024. In the… -
opinion
You May Not Care About the National Debt, but the Debt Cares About You
The national debt just crossed $40 trillion, months ahead of schedule. For many Americans, though, that sentence lands with a thud rather than a jolt. That’s unfortunate because the debt matters far more than people understand, and it’s already helping fuel today’s cost-of-living crisis. Things will only get worse if we ignore the problem. Six… -
opinion
Victor Davis Hanson: The American Tech Boom No One Is Talking About
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. During this midterm summer and fall, don’t fall for the doom and gloom that we hear… -
opinion
Victor Davis Hanson: Blue States Are Betting Your Life on Illegal Truck Drivers
Editor’s note: This is a lightly edited transcript of the latest edition of “Victor Davis Hanson: In His Own Words” from Daily Signal senior contributor Victor Davis Hanson. Subscribe to Victor Davis Hanson’s own YouTube channel to watch past episodes. Jack Fowler: Twenty-one states and D.C. sue Trump administration to protect illegal alien drivers from the feds. This…