129 articles in the Economy category.
By Tommy Flynn
Washington, D.C. – President Donald Trump stated on June 10, 2026, that U.S. forces have quietly removed millions of barrels of Iranian oil from circulation during the ongoing conflict, an operation he said helped stabilize global oil prices amid disruptions in the Strait of...
By Brett Rowland | The Center Square
(The Center Square) – Proposed tariffs on imports from 60 economies could raise nearly $970 billion over the next decade, according to estimates released Monday by the Committee for a Responsible Federal Budget. The tariffs, proposed under Section 301 of the Trade Act of 1974,...
By Orphe Divounguy | The Center Square contributor
(The Center Square) – The May jobs report offered a measure of reassurance: the labor market is stable. Employers are still adding jobs, layoffs remain contained, and the economy is not showing the kind of "break" that typically signals an imminent downturn. That matters. A...
By Bethany Blankley | The Center Square contributor
(The Center Square) – Under Gov. Greg Abbott, the most Fortune 500 headquarters are now located in Texas. According to Fortune Media’s 2026 Fortune 500 list, its top companies are headquartered in 229 cities in 39 states. Texas has the most, 57, with the greatest combined...
By Tommy Flynn
Washington, D.C. – U.S. employers added 172,000 nonfarm payroll jobs in May 2026, significantly surpassing economist expectations and marking continued strength in the labor market, according to data released Friday by the Bureau of Labor Statistics. Economists had forecasted...
By Brett Rowland | The Center Square
(The Center Square) – The United States has about 20 years to change course on its national debt before it reaches the estimated limits of its debt capacity, according to new research from the Penn Wharton Budget Model. Researchers estimate the outer limit of U.S. debt capacity...
By Tommy Flynn
Washington, D.C. – President Donald Trump announced on June 4, 2026, a nearly $700 million federal initiative to bolster America’s coal industry, invoking the Defense Production Act to upgrade existing plants, construct new facilities, and expand export capabilities amid surging...
By Brett Rowland | The Center Square
(The Center Square) – President Donald Trump reduced tariffs on certain agricultural equipment, residential air conditioning systems and industrial machinery, marking the second rollback of import taxes since returning to office. The proclamation, which takes effect Monday,...
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...