Tag Archives: economy

As someone whose life’s work is helping small businesses navigate our nation’s complex tax system, I have witnessed firsthand how the Internal Revenue Service has become an outsized force that too often targets those least equipped to fight back. While the agency has long maintained that its enforcement efforts are …

A segment on CBS’ “60 Minutes” Sunday night suggested record-high stock market levels under President Donald Trump could be a precursor to another crash similar to 1929. Host Lesley Stahl spoke with CNBC’s Andrew Ross Sorkin about his upcoming book “1929,“ which explores the economic and social buildup to the …

Walk onto any construction site in America, and you’ll hear the same story: We can’t find enough skilled workers. Electricians, welders, HVAC technicians, plumbers and heavy-equipment operators are in dangerously short supply, and the gap is widening. Nvidia CEO Jensen Huang recently warned that building America’s artificial intelligence infrastructure will …

At 12:01 a.m. ET on Wednesday, the federal government entered its first shutdown since 2018, after two competing funding proposals, one from Democrats and another from Republicans, failed in the Senate. The setback deepened the stalemate, with neither side showing willingness to concede. Though once uncommon, government shutdowns have grown …

Iwarned in May that America’s farm economy was under attack — that tariffs, Agriculture Department program cuts and political posturing in Washington were hammering farmers from the farm gate to the dinner plate. Four months later, that picture has only grown worse. Across the Midwest, combines sit idle and bins …

FIRST ON FOX: Americans are voting with their feet, leaving high-tax, high-regulation states like New York and New Jersey behind. Unleash Prosperity is now warning that these states aren’t just losing residents — they’re losing wealth. Billboards that say “New Yorkers aren’t moving up, they’re moving out!” and “New Jersey …

Americans in some cities are spending nearly four times more of their income on groceries than others, a new analysis shows, with the hardest-hit households mainly in the Midwest and South. Residents of Detroit spend the largest share of their income on groceries — nearly 3.8% — followed closely by …

The White House claimed Friday that the government shutdown could delay or eliminate the next inflation report, causing economic fallout. The Rapid Response 47 account on X wrote Friday, “The White House has learned there will likely NOT be an inflation release next month for the first time in history.” …

Days ago, President Donald TrumpthreatenedSpain with new tariffs unless Madrid increases its defense spending to 5% of its GDP. Whether this tactic proves effective remains to be seen, but one thing is certain: the president has been even more effective than he was in his first term when it comes …