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
How a High School Dropout Wants to Give America an ‘Unfair Advantage’ Over China
OXON HILL, Md.—Cheap energy can give the United States an “unfair advantage” over foreign adversaries, the founder of a nuclear energy startup said Thursday. “One of our main goals at Valar is to give the United States an unfair advantage in energy cost. If you’re gonna go into a fight, especially geopolitical fight, I would… -
analysis
Blue Tsunami: A Look at DSA Wins in Georgia
On Nov. 3, Peach State voters gathered at the polls to cast their ballots in what would turn out to give several victories to the Democratic Socialists of America. The DSA backed two winning candidates in Georgia: Mathewos Samson, who ran for House District 58, and incumbent Rep. Gabriel Sanchez, who ran for reelection to… -
opinion
The Bigger Scandal Goes Beyond Jensen Huang and a Suspected Chinese Spy
Summary Within the span of a few days, Jensen Huang went from being one of the world’s most powerful men to an admitted adulterer and an unemployed billionaire. His rapid fall will have profound consequences for Nvidia, artificial intelligence, and our national security for years to come. Most alarming, Huang used his power and influence… -
opinion
Victor Davis Hanson: Trump’s Economy Is on the Verge of a Major Boom
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. I’d like to talk very briefly about the current economy. We’re in a very Orwellian situation… -
opinion
Victor Davis Hanson: Trump’s USDA Is Coming for SNAP Scammers—and Democrats Aren’t Happy
Editor’s note: This is a lightly edited transcript of “Victor Davis Hanson: In His Own Words” from Daily Signal senior contributor Victor Davis Hanson. Subscribe to Hanson’s own YouTube channel to watch past episodes. Victor Davis Hanson: What’s your budget now, your total budget versus what it was? Were you able to not have any increases at… -
news
US Treasury Chief Bessent Moved to Military Base After Iranian Threats, Sources Say
Summary WASHINGTON, Nov. 10 (Reuters)—U.S. Treasury Secretary Scott Bessent has recently moved from his Washington, D.C., residence to a U.S. military base after Iranian threats against his life, two people familiar with the matter said on Tuesday. The New York Times first reported the move. A senior intelligence official in the Trump administration warned in… -
news
Regulators to Hold Hearings This Month on Proposed Dominion-NextEra Merger
Summary Virginians have until Thursday to provide written testimony on the State Corporation Commission website about whether they support or oppose allowing Florida-based NextEra Energy to move forward with its proposed purchase of Richmond-based Dominion Energy. More than 2,400 comments have already been submitted. NextEra is attempting to take over Dominion in an all-stock deal… -
news
Conservative Justices Seem to Balk as Trump Admin Seeks Immigration Authority on Employers
Conservative justices seemed reluctant to grant the Trump administration sweeping authority to penalize employers importing immigrant workers. The Supreme Court heard arguments Tuesday in a case that could have broader implications for the Trump administration’s immigration-enforcement agenda. While the administration argues that it can oversee all employer-related cases involving immigration, justices questioned the scope of… -
opinion
Democrats Won Elections, but Voters Said ‘No’ to Higher Taxes
Summary Voters in Iowa and North Carolina gave Democrats plenty to celebrate on Nov. 3. But on the same ballots, they also approved constitutional limits on future tax increases, making clear that winning an election does not give politicians a blank check to raise taxes. In Iowa, Democrat Rob Sand defeated Republican Zach Lahn to… -
opinion
Victor Davis Hanson: Trump Inherited Biden’s Inflation—and Paid the Political Price
Editor’s note: This is a lightly edited transcript of “Victor Davis Hanson: In His Own Words” from Daily Signal senior contributor Victor Davis Hanson. Subscribe to Hanson’s own YouTube channel to watch past episodes. Sami Winc: [Vice President] JD Vance has come out to state that the defeat of the Republicans was due to—he said the economy… -
opinion
Socialism, Affordability, and the Future of Capitalism
Summary The blue wave did more than hand Democrats a political victory. It delivered two warnings: For Republicans, it was a signal that adequately addressing Americans’ affordability concerns requires decisive action and tangible results, not just rhetoric. For the country, it offered a glimpse into where the Democratic Party is headed. Americans woke up Wednesday… -
news
California Gets 4 More Years. The Baseline Stays.
Summary With one-party rule in California for more than 20 years, voters again handed Democrats a supermajority. But for the average person, the question is straightforward: Will they get any real break on the issues that have dominated voters’ minds for years? Former Health and Human Services Secretary Xavier Becerra defeated Republican challenger Steve Hilton… -
opinion
ESG ROI Exposes Corporate Socialism
Summary Environmental, social, and governance factors, including diversity, equity, and inclusion initiatives, continue to play a material role in corporate governance, reportedly driving trillions of dollars in investments. Shareholders and other corporate stakeholders likely assume these investments—such as net-zero commitments and employee resource groups that divide employees on the basis of race and sex—are subject… -
opinion
Breaking China’s Grip on Rare Earth Minerals
Summary Modern American military superiority rests on a dangerous paradox: Many of the most advanced U.S. defense systems, from precision munitions to the radar arrays on aircraft carriers, rely heavily on critical minerals processed by China, the nation’s principal geopolitical adversary. The Chinese Communist Party dominates the rare-earth supply chain, controlling approximately 90% of global… -
news
US Job Growth Surges in October; Unemployment Rate Falls to 4.1%
WASHINGTON, Nov 6 (Reuters)—U.S. job growth accelerated in October and the unemployment rate fell to 4.1%, suggesting that the labor market could be strengthening after stumbling in mid-summer and keeping the Federal Reserve on track to raise interest rates in December. The Labor Department‘s closely watched employment report on Friday also showed the economy added… -
opinion
Securing America’s Economy: Secretary Scott Bessent to Speak at Forum 2026
Days after the midterm elections, conservatives will gather just outside Washington, D.C., for The Forum 2026 to debate where their movement goes next. Hosted by The Heritage Foundation, The Forum 2026 will welcome Treasury Secretary Scott Bessent as a featured speaker. Bessent will be joined by other leaders, including commentator Scott Jennings, television personality… -
news
Taxpayers Still Fund Global Leftist Agenda, Experts Say
Billions of taxpayer dollars are still funding radical leftist policies and potentially terrorist organizations despite the Trump administration’s foreign aid reforms, experts say. Under the second Trump administration, America has already provided $3.8 billion to the United Nations Office of Coordination of Humanitarian Affairs. Brett Schaefer, senior fellow at the American Enterprise Institute, warns… -
opinion
The Northwest Passage Needs Icebreakers and a Business Use Case
Summary For the last two decades, the Arctic ice cap has had more seasonal variance in ice thickness and scope, making shipping routes and bountiful resources more accessible. Two routes stand out: the Northwest Passage, crossing northern Alaskan and Canadian coasts, and the Northern Sea Route, transiting Russia’s northern coast. These promise shorter global shipping… -
news
Voters Punish GOP Over Economy, but Democrats May Still Have a Problem, Exit Polls Find
Summary Voters were more dissatisfied with the state of the economy in 2026 than they were in 2024, according to exit polling. While punishing the party in power was the antidote to that on Tuesday, most voters said they didn’t necessarily trust Democrats to handle key issues more than Republicans, as both parties had low… -
news
Why Voters Backed Democrats in Midterm Blowout
About three-quarters of voters said the Iran war was a crucial factor in which candidate they supported in the 2026 midterm elections, according to an NBC exit poll. Among the 74% of voters who said the Iran war was a crucial factor, 62% voted Democrat and 35% voted Republican. President Donald Trump’s operation in Iran…