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
Don’t Hire the Arsonists to Fight the Affordability Fire
Voters are angry about the cost of living, and they have every right to be. With Republicans in full control of Washington, they expect a fast reversal of the Biden years. But voters’ anger should not be mistaken for amnesia. Americans clearly remember who started the affordability fire burning through families’ wallets. My new League… -
news
Small Business Administration’s Million Dollar Pitch Competition
Five small businesses competed in Washington, D.C., on Oct. 20 for the chance to receive their share of $1 million. The Million Dollar Pitch Competition was organized by the U.S. Small Business Administration as part of the Freedom 250 celebrations. Thousands of businesses applied for the competition, but only five were brought to Washington to… -
opinion
Democrats vs. Affordability
The Virginia General Assembly was going to convene on Monday, Oct. 26, to nominate and vote on judges for the Court of Appeals. The process is backlogged, and four seats needed to be filled when state Sen. Scott Surovell announced the date. Here’s the boring part. This session didn’t have the restrictions of a gubernatorial… -
news
As Iowa Senate Race Tightens, Outside Groups Pour Millions Into Attack Campaigns
Over a hundred million dollars have flooded the Iowa Senate race from outside spenders. Instead of supporting the candidate they want to win, they are throwing money at opposing the one they want to lose. Republican Rep. Ashley Hinson is going head-to-head with Democrat state Rep. Josh Turek to take retiring Republican Sen. Joni Ernst’s… -
news
DSA Sets Its Sights on a New Form of Organizing
The Democratic Socialists of America is training members to form “militant tenant unions” to organize renters against landlords, with the stated goal of “mass organization.” The DSA’s Housing Justice Commission is asking members to apply for its program to train “tenant organizers” and support the formation of “militant tenant unions” rather than mere building-level tenant… -
analysis
Customers Pay for Virginia’s Policies on Power Production
Virginia’s federal elections will be finished in less than two weeks, but some state-based issues are likely to keep simmering long after Election Day. Examples include the state’s policies governing data centers and how the electricity to power those centers—and the homes of millions of citizens—is generated. A court in Goochland County hosted a pretrial… -
opinion
Money Talks When Money Walks
This November, California voters will decide whether a fraction of the state’s population should pay a 5% wealth tax to help fund public programs. Proposition 40 would make roughly 200 of the richest Californians bail out the state’s deficits and save the budget for another year of easy spending. California is not the only blue… -
opinion
If These Aren’t Excessive Fines, What Are?
Imagine getting a bill from your local government for $900,000 because they see a greenhouse on your property and just assume you’re growing marijuana without a permit. Imagine government demanding $400,000 because you didn’t know to fill out a single-page form. Or you get slapped with a $100,000 fine for parking your car … on… -
news
Case Against Goochland Data Center Goes to Court on Tuesday
Data centers and land use issues will be on the docket in the Goochland County Circuit Court on Tuesday. Last year, the Board of Supervisors passed legislation that carved a Technology Overlay District out of a designated growth zone in an area called West Creek, near the county’s border with Henrico County. The county said… -
opinion
How the Toxic Relationship Between Cartels and Chinese Money Launderers Costs American Investors
The king of cocaine wrote off an estimated $2.1 billion each year due to chunks of cash being eaten by rats (whether those “rats” were animals or people, the record is unclear). According to Pablo Escobar’s brother and accountant, Roberto, the cartel accumulated so much cash that it could hardly keep track of it. That… -
exclusive
Miller-Meeks Debuts Ad on Project She Says Will Transform Southeast Iowa
FIRST ON THE DAILY SIGNAL—Mariannette Miller-Meeks is launching a new ad Friday night highlighting the new steel plant President Donald Trump and Republicans are bringing to Iowa. As the largest steel plant in America, it is set to bring 1,700 new permanent jobs, thousands more construction jobs, and tens of billions of dollars to the… -
exclusive
EXCLUSIVE: Trump Gives Content Creators Economic Boon
FIRST ON THE DAILY SIGNAL—The Small Business Administration has announced a classification for influencers to help them obtain loans. The agency said Thursday that the 27 million content creator-led businesses in the United States are classified under Motion Picture and Video Industries. The businesses were previously eligible for SBA loans if they met applicable program… -
exclusive
USAID Was Propping Up Leftist Candidates, Fugitive Brazilian Politician Says
FIRST ON THE DAILY SIGNAL—American taxpayer dollars were being used to prop up leftist candidates in the Western Hemisphere under former President Joe Biden, a top Brazilian politician who is now seeking refuge in the United States from incarceration under his country’s socialist government, told the Daily Signal on Wednesday. Eduardo Bolsonaro, the son of… -
news
Rick Jackson for Governor? Opinions from Peach State Voters
BUFORD, Georgia–Canvassers from Americans for Prosperity (AFP) State PAC traveled from house-to-house Tuesday in support of Republican gubernatorial candidate Rick Jackson. The effort comes as part of a broader mission to ensure former Atlanta Mayor Keisha Lance Bottoms is not re-elected to public service. Tony West, senior advisor for Americans for Prosperity State PAC, told… -
news
One of America’s Largest Industries Is in Danger, New Documentary Warns
America’s seafood industry employs around a million people, according to a 2023 U.S. Marine Fisheries Service report, but Daily Signal contributor Steve Cortes says that in places like Maine, government regulation is leading to the sector’s collapse. In his new YouTube documentary, “American Seafood: For Our Health and Economy,” Cortes visits the docks of Maine’s… -
news
OOPS: Democrat Campaigns and Lives in the Wrong District
Former Democrat Rep. Elaine Luria’s latest campaign ad touts an endorsement from a small business owner, but neither the business nor its owner is located in the congressional district she’s seeking to represent. The ad comes as Luria faces questions about living outside the district she is running to represent. Luria is running in Virginia’s… -
news
4 Major Banks Used SPLC in Adverse Decisions Affecting Conservative, Christian Groups, Federal Review Finds
Four of America’s largest banks relied on the Southern Poverty Law Center in decisions affecting conservative and religious organizations, according to a newly released federal debanking report. The Office of the Comptroller of the Currency report, released Wednesday, details instances involving JPMorgan Chase, Wells Fargo, PNC Bank, and TD Bank, all of which referenced the… -
opinion
Corporate Islamification
So, what is Islamification? A recent documentary by former Virginia congressman Nick Freitas titled “The Immigration Crisis That Will Destroy the West” warns viewers about the risks created by the Islamification of Western civilization. The film focuses primarily on the negative impacts of cultural norms related to the treatment of women and girls, with a… -
exclusive
Poll: Arizona Voters Give Schools Failing Grade, Yet Hobbs Leads Biggs
Summary FIRST ON DAILY SIGNAL—Nearly 80% of Arizona voters have an unfavorable opinion of public education in their state, one of the few areas of agreement between Republicans and Democrats in the weeks leading to Election Day. The League of American Workers shared the polling data exclusively with the Daily Signal. Only one-quarter of Arizona… -
opinion
The Hidden Cost of Socialism? The Innovation It Never Creates
Imagine a day without capitalism. You wake up to a decently sized apartment, just suited to fit your needs. Housing is a human right, after all, but penthouses aren’t. But how can you complain? You barely have bills. Food, education, energy, medicine, and transportation aren’t for-profit businesses. They’re common goods. Those are some of the…