EconomyNews
Senate Confirms Miran, Trump’s Pick for Fed Board
The Senate confirmed Stephen Miran, President Donald Trump’s choice to fill a vacancy as governor on the Federal Reserve Board, by an 48-47 vote Monday… Read More
EconomyNews
‘The American People Should Not Suffer’: HUD Chief Turner Thinks Fed Chairman Is Playing Politics on Interest Rates
On this week’s episode of “The Signal Sitdown,” Housing and Urban Development Secretary Scott Turner weighed in on President Donald Trump’s ongoing fight with the… Read More
EconomyNews
Trump Hints at Nominee for Open Fed Post After Firing Governor
One day after President Donald Trump fired Federal Reserve Gov. Lisa Cook—who refused to vote to lower interest rates and has been accused of mortgage… Read More
EconomyNews
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… Read More
EconomyCommentary
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… Read More
EconomyNews
Fed Chief Powell Announces He Won’t Cut Interest Rates
Federal Reserve Chairman Jerome Powell announced Wednesday that the Fed will not be cutting interest rates for the time being, shortly after receiving a quarterly… Read More
Can Trump Fire Jerome Powell?
This is a lightly edited transcript of the accompanying video from professor Peter St. Onge. The Wall Street Journal is speculating that President-elect Donald Trump… Read More
EconomyCommentary
30 Years of Inflation Crammed Into Less Than 18 Months
Make no mistake, the recent scourge of inflation and high interest rates has been a heist buried beneath economic jargon. It has transferred a tremendous… Read More
3 Charts Show How Biden-Harris Admin Grew Debt by $8 Trillion
President Joe Biden will leave office on Jan. 20, 2025. Although the Biden-Harris administration has been riddled with flawed and failed policies, perhaps the most… Read More
Who Wants to Increase the National Debt? Both Trump and Harris
It’s been a little over a week since the Committee for a Responsible Federal Budget sent a letter to Kamala Harris and Donald Trump suggesting… Read More
EconomyNews
Food Prices Jump, Inflation Rises Faster Than Expected
THE CENTER SQUARE—Newly released federal inflation data shows that prices rose faster than expected last month, putting more pressure on Americans’ budgets. The U.S. Bureau… Read More
EconomyCommentary
Stunning Jobs Report Actually Not So Great
Editor’s note: This is a lightly edited transcript of the accompanying video from professor Peter St. Onge. Last week, we got another stunning employment report…. Read More
EconomyCommentary
Savings Plunge as Americans Tap Out
Editor’s note: This is a lightly edited transcript of the accompanying video from professor Peter St. Onge. Americans are running out of money. According to… Read More
EconomyCommentary
5 Things You Need to Know About the Fed’s Rate Cut
The Federal Reserve’s decision to cut interest rates marks a new chapter in the D.C. Cartel’s long march toward the bankruptcy of our nation. Although… Read More
EconomyNews
Priced Out of the American Dream: A Would-Be Homebuyer’s View From Wisconsin
EAU CLAIRE, Wis.—Craig Ervin, a skilled welder from my hometown of Eau Claire, is forced to rent. “I always wanted my own place, but I… Read More
EconomyCommentary
Data Screams Recession
Editor’s note: This is a lightly edited transcript of the accompanying video from professor Peter St. Onge. “Recession triggered,” reads the headline from ZeroHedge as… Read More
EconomyCommentary
Biden-Harris Economic Policies Are Crushing Working Women, Minorities
As the 2024 presidential race heats up, a crucial question looms: How have American workers fared under the Biden-Harris administration compared with the prior Trump… Read More
EconomyCommentary
Government Policies Are Exacerbating Evictions
Editor’s note: This is a lightly edited transcript of the accompanying video from professor Peter St. Onge. Evictions are soaring, and Americans can’t pay the… Read More
Are We on Verge of Stagflation?
Editor’s note: The following is a lightly edited transcript of the accompanying video from professor Peter St. Onge. Two of America’s biggest banks just warned… Read More
EconomyCommentary
Biden’s Housing Headache
President Joe Biden promised to lower housing costs during his State of the Union address earlier this spring. To date, his plan has been an… Read More
EconomyCommentary
Biden’s Indifference to Americans’ Plight of Soaring Food Prices Is Appalling
If you’re having trouble affording groceries, don’t expect sympathy from the White House. In a recent interview, President Joe Biden was told that food prices… Read More
Economy News
Majority of Americans Think US Economy Is in Recession and Shrinking, Poll Finds
A majority of Americans believe that the U.S. is currently in a recession, blaming the Biden administration for harsh economic conditions, according to research firm… Read More
EconomyNews
Consumer Sentiment Continues to Slump Amid Inflation, Gas Prices Under Biden
With the November presidential election 24 weeks away, an index measuring consumer sentiment on the economy dropped to a six-month low after its largest decline… Read More
SecurityNews
How Much Are You Paying for Ukraine Aid? Economist Crunches the Numbers
Even as Americans grow increasingly pessimistic and agitated about their personal finances, Congress is about to ask struggling families to cover the cost of more… Read More
EconomyCommentary
Automobile ‘Bidenvilles’ Are the New Shantytowns Amid US Housing Affordability Crisis
When people couldn’t afford housing during the Great Depression, they built shantytowns from scrap construction supplies and named them “Hoovervilles,” after President Herbert Hoover. Today,… Read More
EconomyCommentary
The More the Feds ‘Borrow,’ the More We Pay for Mortgages, Credit Cards, Student Loans
If you think the Treasury Department borrowing trillions of dollars is a problem only for future generations, think again. The interest rates on your credit… Read More
EconomyCommentary
Senate Republicans at Odds With Democrats on Banning This Digital Currency
If you’re a fan of the U.S. dollar, you can keep it from turning into a surveillance tool of the federal government—at least according to… Read More
PoliticsCommentary
3 Ways President Biden Worsened the Very Things He Promised to ‘Restore’ in 2020
Then-candidate Joe Biden promised to “restore the soul of America” in 2020, in part by focusing on the country’s standing in the world, fighting for… Read More
PoliticsCommentary
5 Charts Show Why Congress Must Stop Deficit Spending
Both chambers of Congress are locked in fierce battles over spending legislation. A “supplemental” package has found bipartisan support in the Senate after the removal… Read More
EconomyNews
Janet Yellen Wants You to Believe Bidenomics Has Been a Smashing Success. The Opposite Is True.
Few academics have fallen as far from grace as Treasury Secretary Janet Yellen. Instead of composing lectures from her Ivy League ivory tower, she’s been… Read More
