109 articles in the Economy category.
By Orphe Divounguy | The Center Square contributor
(The Center Square) – Read this week's Fed minutes carefully and you'll hear 1970s. The Fed has stopped debating when to cut. Now it's debating whether to hold higher for longer — or hike again. A majority of officials said firming could become appropriate if inflation keeps...
By Tommy Flynn
WASHINGTON — Oil prices dropped sharply this week, hitting their lowest levels in more than three weeks as optimism grows over a potential U.S.-Iran agreement that could reopen the Strait of Hormuz and ease supply concerns. As of Monday, Brent crude was trading near $98.40 per...
By Tommy Flynn
WASHINGTON — Kevin Warsh was sworn in Friday as the 17th Chairman of the Federal Reserve in a ceremony held at the White House East Room, administered by Supreme Court Justice Clarence Thomas. President Donald Trump hosted the event and praised Warsh as “exceptionally qualified”...
By RWTNews Staff
WASHINGTON — U.S. Treasury Secretary Scott Bessent said the Trump administration is in no hurry to extend the current tariff and critical minerals trade truce with China, which is set to expire in November. In an interview with Reuters on the sidelines of a G7 finance ministers...
By Tommy Flynn
WASHINGTON — President Donald Trump’s two-day state visit to Beijing concluded with several tangible economic agreements between the United States and China, including major new purchases of American agricultural goods, Boeing aircraft, and steps to ease rare earth mineral...
By Tommy Flynn
WASHINGTON — The Senate confirmed Kevin Warsh as a member of the Federal Reserve Board of Governors on Tuesday, positioning the former Fed official to succeed Jerome Powell as chairman once his nomination for the four-year chair term receives final approval. Lawmakers voted...
By Tommy Flynn
WASHINGTON — President Donald Trump signed executive orders Monday suspending tariff-rate quotas on all beef imports for 200 days, clearing the way for more foreign beef to enter the U.S. at lower rates and ease record consumer prices. The move targets the smallest U.S. cattle...
By Tommy Flynn
WASHINGTON — Energy Secretary Chris Wright said Sunday the Trump administration is open to suspending the federal gas tax to provide relief for American drivers facing higher prices tied to the conflict with Iran. Appearing on NBC’s “Meet the Press,” Wright stated, “All measures...
By Tommy Flynn
WASHINGTON — The U.S. economy added 115,000 jobs in April, far exceeding economists’ forecasts and demonstrating continued strength under President Donald Trump even as tensions with Iran persist in the Middle East. The Bureau of Labor Statistics reported Friday that nonfarm...
By Tommy Flynn
WASHINGTON — The U.S. Court of International Trade ruled Thursday that President Donald Trump’s 10% global tariffs on most imports are unlawful, dealing another significant legal setback to the administration’s trade agenda. In a 2-1 decision, a three-judge panel found that...
By Tommy Flynn
DES MOINES — Vice President JD Vance highlighted massive fraud in the Supplemental Nutrition Assistance Program (SNAP) during a rally in Iowa on May 5, 2026, revealing that approximately 186,000 deceased individuals are still listed as active recipients and receiving benefits....
By Tommy Flynn
WASHINGTON — President Donald Trump has signed an executive order authorizing the Bridger Pipeline Expansion, a major new cross-border oil pipeline project that would transport Canadian crude into the United States and effectively revive key elements of the Keystone XL pipeline...