151 articles in the Economy category.
By Tommy Flynn
President Trump said Friday the United States has reached an agreement with Venezuela’s interim government giving Washington majority control of more than 65 billion barrels of proven crude reserves “at no cost to the American taxpayer.” He called it “THE BIGGEST OIL DEAL IN...
By Tommy Flynn
The Environmental Protection Agency has issued a temporary emergency waiver that will allow the nationwide sale of higher-volatility winter-grade gasoline beginning September 1, ending federal summer fuel requirements roughly two weeks ahead of schedule in a move aimed at...
By Tommy Flynn
President Donald Trump’s 50 percent tariffs on roughly $20 billion in Canadian goods took effect at midnight Saturday after last-minute trade negotiations collapsed, prompting Canadian Prime Minister Mark Carney to announce reciprocal duties that will begin September 8. The new...
By Tommy Flynn
Last-minute negotiations between the United States and Canada collapsed late Friday, allowing President Donald Trump’s 50 percent tariffs on roughly $20 billion in Canadian products to take effect at midnight Saturday as Canadian Prime Minister Mark Carney suspended talks and...
By Tommy Flynn
United States and Canadian negotiators continued intensive talks in Washington this week in a bid to finalize a trade agreement before a Saturday deadline that would trigger 50 percent tariffs on roughly $20 billion worth of Canadian goods. President Donald Trump paused the new...
By Tommy Flynn
The United States national debt crossed the $40 trillion threshold for the first time this week, according to the Treasury Department’s daily statement, marking a new milestone in the country’s long-running accumulation of federal borrowing. Total public debt outstanding stood...
By Tommy Flynn
President Donald Trump announced late Tuesday that he is pausing the imposition of new 50 percent tariffs on a range of Canadian goods for three days, citing a tentative trade agreement reached with Canada that remains subject to the finalization of documents. In a Truth Social...
By Brett Rowland | The Center Square
(The Center Square) – As the U.S. nears a mid-2027 debt-limit deadline with debt approaching $40 trillion, two Republican bills would bar Congress from raising the ceiling without matching any increased spending with spending cuts elsewhere. The Dollar-for-Dollar Deficit...
By Tommy Flynn
The Internal Revenue Service distributed $296 billion in tax refunds during the 2026 filing season, a 17 percent increase from the prior year and $43 billion more in total payments returned to taxpayers, according to a Government Accountability Office analysis of agency data....
By Tommy Flynn
Prescription drug prices in the United States fell 3.1 percent over the 12 months ending in July, the steepest year-over-year drop since March 1963, according to Bureau of Labor Statistics data. The broader category of medicinal drugs declined 2.7 percent over the same period....
By Tate Rosentreter | The Center Square contributor
(The Center Square) – Energy prices are higher on average in Blue states than they are in Red states because of energy policies that prioritize renewable sources such as wind and solar “over reliability and affordability,” two energy groups argue in a joint report and website....
By Tommy Flynn
Treasury Secretary Scott Bessent said Thursday that the United States is preparing to impose levels of economic isolation on Iran never before applied to any country, combining intensified financial pressure with the ongoing naval blockade of Iranian ports. Appearing on...