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
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… -
news
Panel Discussion Explores the Future of AI Regulation
Virginia is leading the world into the future of artificial intelligence, with many of the state’s 674 data centers (and more on the way) serving as the hardware that provides the memory to drive AI. Data centers are also a growing political concern, with politicians at the local, state and federal levels arguing over what… -
news
Arizonans to Vote on Ending Taxpayer-Funded DEI Programs
THE CENTER SQUARE—Arizonans will have a chance to put a stop to their taxpayer money being spent on diversity, equity and inclusion programs. On Nov. 3, Arizona residents will vote on Proposition 142, which would stop state money from funding DEI-related offices and programs. The proposition would prevent taxpayers from being forced to support race-based… -
opinion
California Public Housing Measure Could Be Used to Confiscate Church Property, Experts Say
THE WASHINGTON STAND—A state law in California ostensibly meant to make it easier for religious institutions and nonprofit colleges to rezone their property for building low-income housing for the homeless is now being used to potentially confiscate church property, according to legal experts in the Golden State. The controversy began in October 2023, when California… -
opinion
The Anti-Trump Media and ‘Economic Pessimism’
In a college psychology course, my class studied an experiment. This is an oversimplification, but experiment went as follows. A group of college students were shown a paper on which a 6-inch line was drawn. The paper was passed to the students sitting around table. They were asked to estimate the length of the line…. -
news
Collins vs. Ossoff Debate: Biggest Takeaways
On Thursday night, Sen. Jon Ossoff and Rep. Mike Collins took the stage in Doraville, Georgia, to face off against each other in a heated debate. The event comes at a crucial time leading up to the midterm elections, with Election Day just weeks away, and early voting starting next Tuesday. The three main topics… -
exclusive
US Chamber of Commerce Ad Highlights Ohio Wins
FIRST ON THE DAILY SIGNAL—This weekend, the U.S. Chamber of Commerce is launching an issue advocacy campaign in Ohio that highlights how tax relief is helping families keep more of what they earn while supporting small businesses, workers, and economic opportunity across the state. Sen. Jon Husted, R-Ohio, is highlighted in the ad, which was first… -
opinion
New Online Portal Helps Students Pay Back Federal Loans
When students take out federal student loans, they are obligated to repay them. When a student defaults, it should never fall on the taxpayer to pick up the bill. The Trump administration is making a good-faith effort to help students repay defaulted loans more quickly and easily than ever before. Operating as a one-stop shop,…