Economy

63 articles in the Economy category.

President Trump, Scott Bessent and other officials at the White House announcement of the aid package for farmers.
RWTNews
Featured
US NewsDecember 9, 2025

President Trump Announces $12 Billion Aid Package for American Farmers Impacted by Trade Disruptions

By RWTNews Staff

President Trump unveiled a $12 billion assistance package for U.S. farmers on December 8, 2025, during a White House roundtable with Agriculture Secretary Brooke Rollins, Treasury Secretary Scott Bessent, lawmakers from farm states, and representatives from Arkansas, Iowa,...

Packages of bacon are displayed for sale at Lowes Foods in Winterville, N.C
RWTNews
Featured
US NewsDecember 8, 2025

Everyday Economics: The case for a December rate cut

By Orphe Divounguy

Tariffs, tired demand, and a fragile labor market

Screenshot of Executive Order from whithouse.gov
US NewsDecember 7, 2025

Trump Signs Executive Order Launching Task Forces to Combat Food Price Fixing and Foreign Influence

By Tommy Flynn

President Donald Trump on December 6, 2025, directing the Justice Department and Federal Trade Commission to establish dedicated task forces to investigate price fixing, anti-competitive practices, and foreign control in the U.S. food supply chain. Titled "Addressing Security...

Michael Dell speaks at the Whitehouse event announcing the Trump Accounts.
US NewsDecember 3, 2025

White House Launches Trump Accounts for Newborns, Seeded by $6.25 Billion Dell Donation

By Tommy Flynn

Trump, joined by tech billionaire Michael Dell and his wife Susan, highlighted the program's potential during a Roosevelt Room event, stating, "Trump Accounts will be the first, I guess, you could say, real trust funds for every American child."

Agriculture Secretary Brooke Rollins speaks with officials at the USDA about SNAP food choice waivers and health policy
US NewsDecember 2, 2025

Economist says curbing SNAP fraud requires states to cover 100% of costs

By Thérèse Boudreaux

While the SNAP reforms in Republicans’ budget reconciliation bill “were a step in the right direction,” Boccia told The Center Square, “the ideal is for states to assume full responsibility for how they run and fund their programs.”

Illustration: Kate Guenther / The Center Square
US NewsNovember 29, 2025

Fiscal Fallout: States continue to increase budgets despite end of COVID emergency

By Arthur Kane

The pandemic subsided three years ago and the federal government, which is $38 trillion in debt, is pulling back on sending money to the states, causing massive budget problems for states like California, Illinois, Louisiana, Pennsylvania and Washington.

Shoppers enjoy discounts on Black Friday.
US NewsNovember 29, 2025

Black Friday shopping expected to break records

By Madeline Shannon

The National Retail Federation announced last week that a record 186.9 million people nationwide, an increase of more than 3 million from last year, were planning to shop on Black Friday, according to its annual consumer survey.

The U.S. Capitol Building in Washington, D.C.
US NewsNovember 24, 2025

State officials urge Trump, Congress to address national debt

By Brett Rowland

"The national debt represents one of the most urgent and consequential challenges facing our nation," the letter said. "We ask that this matter be given top priority due to the threat it poses to the financial stability of the United States, the dollar as the reserve currency and our position of global leadership."

The U.S. Capitol building stands in Washington, D.C
US NewsNovember 17, 2025

Everyday Economics: Jobs data returns as government reopens

By Orphe Divounguy

The main event this week will be housing data, starting with the NAHB Housing Market Index (builder confidence) on Tuesday.

the US, Switzerland and Liechtenstein flags
US NewsNovember 15, 2025

President Trump Announces Trade Framework with Switzerland and Liechtenstein to Boost U.S. Exports and Investment

By Tommy Flynn

The framework addresses a $38.5 billion U.S. goods trade deficit with Switzerland and Liechtenstein in 2024, which grew to $55.7 billion through July 2025, according to U.S. Census Bureau data.

Inflation data chart showing the huge spike under Biden in 2021-22
US NewsNovember 14, 2025

President Trump Secures Trade Deals with Four Nations to Reduce U.S. Food Costs

By Tommy Flynn

The deals, finalized during virtual summits with counterparts, target immediate relief for consumers facing the lingering effects of a drastic 11.4% surge in grocery inflation under the Biden administration in 2022, which peaked at levels not seen since 1979.

Pile of pennies
US NewsNovember 13, 2025

U.S. Mint Strikes Final Pennies, Ending Production of Iconic Coin After 232 Years

By RWTNews Staff

Pennies remain valid for transactions, and the Mint will honor them for redemption. Retailers have adapted by rounding to the nearest nickel, a practice already common in Canada since 2013.