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
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… -
news
Elon Musk’s Business Empire Braces for Democrat Wave as Texas Flips Blue
Nov. 4 (Reuters)—As Republicans suffered a landslide defeat and Texas elected its first Democrat governor in more than three decades, one of the biggest losers of the U.S. midterms was not on the ballot: billionaire Elon Musk. The world’s richest man spent nearly half a billion dollars to back Republican candidates and keep Texas red—a… -
opinion
Victor Davis Hanson: Trump’s Economy Hits 3.4% Growth—Where Did All the Doomsayers Go?
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: [President Donald] Trump had a constitution to weather all of that onslaught against him, and we’re just seeing that constitution reveal itself… -
opinion
After 6 Months of Jones Act Waivers, What Do We Know?
Summary Since March 17, 2026, the federal government has implemented a monthslong Jones Act waiver. This waiver allows foreign-flagged vessels to transport specified cargo between U.S. ports, easing shipping disruptions caused by the Iran conflict. As such, the waiver offers an opportunity to examine the Jones Act’s effectiveness in safeguarding and growing American shipping using… -
opinion
The Fight Against ESG Is the Fight Against Cultural Marxism
Summary This is a story I’ve told before, but it’s worth telling again, in light of recent news. Exactly seven years ago today, I sat in a room full of people who had, in my estimation, the power to decide the fate of Western civilization. If that sounds a little hyperbolic, well, maybe you’re right…. -
opinion
Social (In)Security
“We will always protect Social Security, Medicare!” says President Donald Trump. That would be nice. But when I look at these programs’ balance sheets, I don’t see how he’s protected anything. Both Social Security and Medicare are on track to run out of money. Politicians mostly ignore the problem. Worse, progressives like Sen. Bernie Sanders… -
opinion
Midterms: Closing Argument
Summary Heading into Election Day on Tuesday, here are the four most important reasons to vote for patriotic populist candidates: Sovereignty After America endured the madness of the open border of former President Joe Biden and Vice President Kamala Harris, President Donald Trump and Vice President JD Vance brought sanity back to migration policies and enforcement. According to DHS, we’ve now seen the lowest annual encounters… -
opinion
The Real Affordability Question
Summary One word is echoing in all discussions of the upcoming midterm elections: affordability. When pundits talk about affordability, they almost always start and end with the pump, the grocery store, and the housing market. That framing has two problems. First, most Americans are busy working, raising children, and paying bills. They do not carry… -
news
First Senior Trump Official Backs Trump Accounts With Donation
The head of the IRS and the Social Security Administration just became the first senior Trump administration official to donate to Trump investment accounts. On Thursday morning, Frank Bisignano announced that the Bisignano Family Fund will donate $250 to every child ages 2 to 8 in his hometown ZIP code in hopes that it “encourages… -
exclusive
‘Systemic Marginalization’ of ‘Transgender Women’: Inside the Woke NIH Grants Trump Slashed
FIRST ON THE DAILY SIGNAL—The National Institutes of Health under the Trump administration has slashed more than $1 billion of woke Biden-era grants studying “economic-based empowerment” for “transgender women,” lowering “transgender men’s” voices, and more, the Daily Signal has learned. The NIH has terminated about 1,000 grants, adding up to $1,020,711,506 in savings. Another approximately… -
opinion
Victor Davis Hanson: Why Is Carney Choosing China Over America?
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. We’re into five or six months now of the Canadian-American trade wars. It’s kind of… -
opinion
Affordability Is the Economic Test Washington Can’t Ignore
Summary Midterms are often used to understand the mood of the country, and this one is no different. As we barrel toward Election Day, many commenters say that this year’s midterms are a referendum on the economy—and affordability is certainly top of mind for households across the nation. Americans don’t experience the economy in spreadsheets… -
opinion
France Is the Future Khanna Wants. Look How That’s Going
“This is what happens when nations let wealth and power accumulate in the hands of a few,” says prospective 2028 presidential candidate and socialist Rep. Ro Khanna, D-Calif., about the mass rioting and social unrest unfolding in France. As with most issues, Khanna has it backward. It’s Democrat economic and social ideas that have destabilized…