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
Virginia’s Energy Mix May Include Fusion, But Will Require Natural Gas
Virginia’s economic future depends on access to reliable, affordable energy. The Commonwealth already hosts more than a third of the planet’s hyperscale data centers, for example, and plans are on the drawing board to deliver even more capacity in the decades ahead. New data centers may be required to supply their own power at peak… -
news
When Local Bureaucracy Pays Better Than the Oval Office: Fairfax County’s Salary Problem
Fairfax County Public Schools Chief Equity Officer Nardos King makes $288,064 this year—more than every single member of the president’s Cabinet—Secretary of State Marco Rubio, Secretary of Defense Pete Hegseth, Secretary of the Treasury Scott Bessent, all of them—each of whom earns $253,100 to run a federal department. King’s job is to oversee equity initiatives… -
opinion
The Democrat Plan to Redistribute Wealth to the Wealthier
Two hypothetical college graduates who are married now have a combined annual income of $240,000; they each earn $120,000 per year. Should an American who graduated from high school but never went to college—and who now works as a delivery truck driver, earning $43,950 per year (the median annual earnings for that job) be forced… -
opinion
Introducing the American Investor Initiative
The Heritage Foundation’s Free Enterprise Initiative is now the American Investor Initiative, a name that says plainly what its predecessor implied: that the American economy runs to no small degree on the decisions of ordinary people who own shares—in their 401(k)s, their pension funds, their modest brokerage accounts—and who have a personal stake in how… -
opinion
Digitization and the Housing Crisis
Americans are struggling with everyday expenses from fuel and food to health care and housing. Polling consistently shows that housing affordability is a top concern for Americans, and the underlying data makes it clear why. Rents have grown faster than take-home pay, and down payments take longer than ever to save for—exceeding 20 years in… -
opinion
Victor Davis Hanson: 1992 Election Warns GOP It Must Sell Its Economic Record Before the Midterms
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 Victor Davis Hanson’s own YouTube channel to watch past episodes. Sami Winc: Quickly, on [President] Donald Trump’s speech, I thought some of the more strident things were that he basically was… -
opinion
Mamdani Wants City Hall to Be Both Referee and Organizer
New York City Mayor Zohran Mamdani has decided that enforcing labor law is no longer enough. City Hall now wants to get into the business of helping workers organize, too. Earlier this month, Mamdani created the Mayor’s Office of Worker Power, which his administration describes as the first office of its kind in the country…. -
news
Spanberger Changes Virginia’s Regulations Regime
Virginia Gov. Abigail Spanberger quietly issued an executive order over the summer that changed the way state agency regulations are developed and reviewed by the executive branch. The action was required by June 30 but went under the radar because it was announced with only a vague news release. The new executive order eliminates the… -
opinion
Unions Lose Again
Union membership in the U.S. private sector has fallen to record lows, with 2024 data showing that only 5.9% of the U.S. private sector workforce is unionized, according to research by the Pew Research Center. It points out that this is down sharply from 20.1% in 1983 and 37% in 1957. That number is about… -
news
Gov. Kemp Announces $1.2B Pirelli Investment in the Peach State
Gov. Brian Kemp on Tuesday announced the expansion and investment of Pirelli, a company with roots in Italy, into the Peach State. Created in 1872, Pirelli is one of the world’s largest tire makers, creating products and services for automobiles, motorcycles, and bicycles. It has been the “Global Tire Partner of the Formula 1 World… -
opinion
Federal Reserve Chair Treats Inflation With Quack ‘Cure’
Kevin Warsh—the new, spiffy Federal Reserve chairman—just offered an old, threadbare “therapy” for nagging inflation. On Sept. 16, the central bank increased the federal funds rate from 3.75% to 4%, up 0.25%—the first such hike since Aug. 1, 2023. This move was both disappointing and counterproductive. Betraying his supply-side supporters, Warsh is peddling the exhausted… -
opinion
Victor Davis Hanson: 5 Reasons Mark Carney’s Animosity Toward the US Will Backfire
Canadian Prime Minister Mark Carney now believes he is more than just the Western foil to President Donald Trump and his MAGA movement—he is the global one. Accordingly, he seems determined to demonstrate to the world how to stand up to Trump, to force Trump to lose the midterms, and to hurt the U.S. economy… -
opinion
The New York Times Accidentally Revealed Why Higher Ed Won’t Get Rid of DEI
America’s top universities can’t quit and won’t quit DEI no matter how unpopular it is with the American people. A recent editorial in the New York Times titled “This California Educational Juggernaut Doesn’t Need the SAT,” highlighted the mentality that has led to the erosion of merit in our nation’s top schools and the flagging… -
analysis
3 Different Mechanisms Left-Wing Groups Use to Influence AI
Left-leaning labor unions and activist groups are seeking to influence artificial intelligence, not just in how it is deployed in schools and the federal government, but also in how technology companies build the AI models themselves. The American Federation of Teachers, the U.S.’ second-largest teachers union and a major Democrat ally, has teamed up with… -
opinion
How the Trump White House and the USDA Are Protecting People of Faith
As director of the U.S. Department of Agriculture Center for Faith, I witness every day the power of faith in action—feeding the hungry, strengthening families, and healing communities. Under President Donald Trump and Secretary of Agriculture Brooke Rollins, the quiet miracle of faith is no longer sidelined. It is welcomed, protected, and given room to grow. The Coptic Christian community I belong to knows what it means… -
news
Dominion Energy Merger Under Scrutiny on Final Stop of ‘Listening Tour’
Virginia Lt. Gov. Ghazala Hashmi will host her final meeting next week in Roanoke to discuss the purchase of Richmond-based utility Dominion Energy by Florida-based NextEra Energy. Hashmi, who scheduled five total sessions for her “Energy Costs Listening Tour,” has already held meetings in Loudoun, Norfolk, Richmond, and Charlottesville. Opponents of the merger want to… -
exclusive
Top Trump Official Responds to Rural Americans’ Concerns About AI
FIRST ON THE DAILY SIGNAL—Secretary of Agriculture Brooke Rollins said the issue of artificial intelligence must be approached with intentionality, as many of the rural Americans she talks to have serious concerns about the rapidly developing technology. “I do trust the president. I do believe that if we don’t stay focused on winning the AI… -
news
Federal Union Suing Trump Endorses AOC, Tlaib, Omar, Talarico, 100+ Democrats
The American Federation of Government Employees, America’s largest federal government union, has endorsed more than 100 Democrats and a handful of Republicans in the 2026 midterm elections, while AFGE also files lawsuits to block President Donald Trump’s federal workforce reforms. AFGE, which represents more than 800,000 federal and D.C. government employees, has endorsed House Minority… -
exclusive
Top Cabinet Official Signals Prices Will Drop Soon
FIRST ON THE DAILY SIGNAL—Secretary of Agriculture Brooke Rollins told the Daily Signal that she predicts beef prices will decrease before the November midterm elections. Beef prices fell 1% in August, after a 0.8% decline in July. But Rollins said the Trump administration is not done working toward lower prices. “I think there’s a lot… -
opinion
Victor Davis Hanson: Mark Carney Is Leading Canada ‘Right Over the Cliff’
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 know we’ve talked a lot about the current Canadian-American trade dispute, but it involves larger issues…