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
Georgia Considers Extending Gas Tax Relief
Georgia Lt. Gov. Burt Jones says he is open to extending the state’s temporary suspension of the gas tax as fuel prices remain elevated. “I think the logical thing for us to do when it comes up on May 31 would be for us to extend it,” Jones told NBC41. “Gas prices can fluctuate literally…Pedro Rodriguez -
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Mehek Cooke Warns Ideological Decisions Are Hurting American Consumers
Mehek Cooke, senior national security and legal analyst at The Daily Signal, warned that the shutdown of Spirit Airlines exposes a broader failure by the Biden administration and Democrat leaders to think through the real-world consequences of ideologically driven policy decisions, which she says are now directly hurting American consumers. Appearing on NewsNation over the…Mehek Cooke -
- News
Americans on a Budget Mourn Loss of Low-Cost Spirit Airlines
NEW YORK, May 2 (Reuters) — U.S. travelers lamented news of the shutdown of Spirit Airlines on Saturday, saying that the closure of the ultra-low-cost carrier eliminates one of the few air travel options for low-income and working-class Americans. Spirit abruptly cancelled flights overnight, stranding passengers and staff around the U.S., Caribbean and Latin America,…Laila Kearney -
- Opinion
Zyn Isn’t Sin
Zyns are super popular. They are little pouches people tuck into their lips to get a hit of nicotine. Zyn has competitors, like Velo and On!, but Zyn has most of the market. Young people love the pouches. They are safer than cigarettes. Their nicotine is addictive, but nicotine isn’t what makes tobacco deadly. “[The]…John Stossel -
- Opinion
The Myth of the Selfless Public Worker
Many of us grew up in times when our public workers were deservedly revered. This was because they were positive and helpful despite being both overworked and underpaid. Those days are long gone. Today, most public employees seem either apathetic or simply unwilling to help the taxpayers who pay their salaries. To make matters worse,…Bruce Bialosky -
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Trump Lifts Tariffs on Scotch in Parting Gift to King Charles
President Donald Trump is lifting the 10% tariff on whiskey from Britain, as a parting gift to King Charles at the end of his four-day royal visit to the United States. “The King and Queen got me to do something that nobody else was able to do, without hardly even asking!” Trump declared Thursday on…Al Perrotta -
- Opinion
Work Is Good for You: The Christian Response to Communism and Laziness
Most people live for the weekend. Whether a student waiting for that last Friday bell to ring or a businessman finishing up his last meeting of the week, human beings desire to be freed from work. The most extreme form of this might be the way that many people long for retirement, a time when,…Thomas Griffin -
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Trump Administration ‘Ending the Weaponization’ Against Gun Owners in 34 Rules
The Trump administration is proposing almost three dozen new rules to scale back gun regulations that proliferated during the Biden administration. The 34 rules placed in the Federal Register on Wednesday included reversing a 2024 Biden administration rule that attempted to force firearms dealers to run background checks on buyers at gun shows. Gun control…Fred Lucas -
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Farm Bill Clears House as Congress Sides With MAHA
Congress secured major wins for the Make America Healthy Again movement, including striking pesticide liability shields and passing the 2026 Farm Bill. States’ and families’ rights are protected, and pesticide companies can continue to be held liable for poisoning Americans. The Farm Bill passed the House on Thursday by a vote of 224-200. Rep. Anna…Virginia Grace McKinnon -
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Moreno Demands Answers Over Deadly Truck Crash Involving Illegal Immigrant
Sen. Bernie Moreno, R-Ohio, is looking to do something about deadly truck crashes involving foreigners. This week, Moreno sent a letter to Secretary of Transportation Sean Duffy and Department of Homeland Security Secretary Markwayne Mullin, demanding answers regarding Modou Ngom, an illegal immigrant alleged to be responsible for a deadly incident earlier this month in…Rebecca Downs -
- Opinion
1 in 3 Dollars Earned Goes to Taxes. Why?
Most Americans were glad to get another Tax Day behind them this month. It’s galling to hand over a third of everything you earned last year to government to waste, fraud, and abuse. Consider the raw numbers. Last year, the federal government took just over $5 trillion. States and localities took another $2.5 trillion. Out…Peter St. Onge -
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71% of Voters Reject Proposed Railroad ‘Monopoly’
A new survey from the Stop the Rail Merger Coalition, conducted by McLaughlin & Associates, which is heavily relied upon by President Donald Trump’s administration, found that 71% of likely voters oppose the $85 billion merger between Union Pacific and Norfolk Southern, which Union Pacific proposed a day before the two companies were set to…Pedro Rodriguez -
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Gallego, Immigration Signal Trouble for Arizona Democrats in Midterms, Poll Shows
FIRST ON THE DAILY SIGNAL—A new poll from the League of American Workers finds a majority of voters view the war with Iran negatively but aspects of the immigration enforcement agenda positively, underscoring potential headwinds for both political parties heading into the midterm elections. A large portion of voters also indicated that they think worse…Pedro Rodriguez -
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Squad Pushes $25 Minimum Wage in the Name of ‘Racial Justice’
FIRST ON THE DAILY SIGNAL—The Daily Signal has obtained plans from a coalition of House Democrats showing it will push legislation to raise the federal minimum wage to $25 an hour and “tax the rich” in an effort to strip “power and privilege” from “the wealthy and well‑connected” to advance “racial justice.” Reps. Delia Ramirez,…Pedro Rodriguez -
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May Day Organizers Urge Georgia Residents to Skip Work, School, and Shopping
Labor activists in Savannah, Georgia, are organizing a May Day protest encouraging community members to step away from work, school, and shopping for a day as part of a broader national demonstration tied to International Workers’ Day. Organizers are calling on residents to close businesses, skip school, and avoid shopping on May 1 as a…Reagan Campbell -
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CA Hospice Fraud Question: ‘How Do You Put a Hospice in a Burrito Stand?’
The Centers for Medicare and Medicaid Services has halted payments to more than 400 hospices in Los Angeles and across California, with the estimated fraud being greater than $600 million, according to the anti-fraud task force led by Vice President JD Vance. Sheila Clark, CEO of the California Hospice and Palliative Care Association, is questioning…Angelina Delfin -
- Opinion
The Triumph of Economic Freedom?
Prices rise. People blame capitalism. Politicians promise “solutions.” President Donald Trump wants to cap credit card interest rates. My socialist mayor wants to freeze rents. Elizabeth Warren wants politicians to decide what prices are “excessive.” So I was surprised to see economist Donald J. Boudreaux’s new book titled “The Triumph of Economic Freedom.” “Economic freedom…John Stossel -
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US Air Traffic Control Undergoes Biggest Upgrade Since the Jet Age
Summary The U.S. Department of Transportation this week converted the atrium of its Washington, D.C., headquarters into a first-of-its kind exhibit featuring decades-old aviation equipment—and the new technology that is replacing it. Transportation Secretary Sean Duffy hosted hundreds of aviation partners and industry leaders at Tuesday’s Modern Skies Summit, touting major upgrades to the nation’s air traffic control system. “This is truly the largest overhaul in aviation since the jet…Abigail Matsuyoshi -
- Opinion
Hey, Socialists, We’ve Already Figured Out the Supermarket
There are at least 76,000 supermarkets in the United States. Most of us probably have a dozen within 10 miles of home. Nevertheless, leftists are constantly trying to convince us that we need government-run grocery stores. The latest person is New York City Mayor Zohran Mamdani, who has promised to open five city-run markets to…David Harsanyi -
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Justice Dept to Close Investigation of Federal Reserve Renovations, US Attorney Pirro Says
The Justice Department is closing its investigation into cost overruns in renovations at the Federal Reserve under Chairman Jerome Powell, U.S. Attorney Jeanine Pirro said on Friday. Pirro said the inspector general of the Federal Reserve has been asked to scrutinize the building costs. “The IG has the authority to hold the Federal Reserve accountable…Daily Signal Staff