109 articles in the Economy category.
By Tommy Flynn
WASHINGTON – President Donald Trump’s proposed fiscal year 2027 budget, submitted to Congress on April 3, 2026, sharply reduces federal funding for programs that traditionally fall under state responsibility while boosting spending on core national functions such as border...
By Tommy Flynn
WASHINGTON – The U.S. economy added a robust 178,000 nonfarm payroll jobs in March 2026, snapping back sharply from February’s revised loss of 133,000 jobs and delivering the strongest monthly gain since December 2024, the Bureau of Labor Statistics reported on April 3, 2026....
By Tommy Flynn
WASHINGTON – Federal Reserve Chairman Jerome Powell said Monday the central bank will continue its “wait and see” stance on how the ongoing U.S.-Iran conflict affects the economy, repeating a policy he has maintained for years that critics say is designed to slow President...
By Tommy Flynn
WASHINGTON – More than 4 million American children have already been enrolled in the Trump Accounts program, including nearly 1 million newborns who qualified for the $1,000 federal seed investment, according to IRS data reviewed by the Washington Examiner and reported by...
By Tommy Flynn
WASHINGTON – The Trump administration is actively considering unilateral executive action to ensure paychecks for approximately 50,000 Transportation Security Administration officers who have gone without compensation since the partial Department of Homeland Security shutdown...
By Tommy Flynn
ANCHORAGE, Alaska – The Bureau of Land Management held a landmark oil and gas lease sale in the National Petroleum Reserve-Alaska (NPR-A) on March 18, 2026, generating a record $163,696,722 in high bids and delivering a major win for domestic energy production. The sale offered...
By Madeline Shannon
(The Center Square) – The proposed California billionaires tax would cost the state more money than it would bring in if the Golden State’s “golden goose” flocks to other states, according to a Stanford economist. Joshua Rahu, a finance professor at the Stanford Graduate School...
By RWTNews Staff
The Trump administration has temporarily waived sanctions on Iranian oil already loaded on vessels at sea, marking the first easing of such restrictions since they were imposed after the 1979 Islamic Revolution. Treasury Secretary Scott Bessent announced the narrowly tailored...
By Tommy Flynn
California’s Wallis Annenberg Wildlife Crossing — a massive overpass above ten lanes of the 101 Freeway in Agoura Hills designed for mountain lions, monarch butterflies and other wildlife — has ballooned to $114 million and remains unfinished years after groundbreaking. Governor...
By Tommy Flynn
The Trump administration issued a 60-day waiver of the Jones Act on March 17, 2026, allowing foreign-flagged vessels to transport fuel between U.S. ports in order to ease domestic supply bottlenecks caused by disruptions in the Strait of Hormuz. The Merchant Marine Act of 1920,...
By Tommy Flynn
President Donald Trump invoked the Defense Production Act (DPA) on March 13, 2026, directing Sable Offshore Corp. to resume operations at the Santa Ynez Unit and associated pipeline system off Southern California's coast, citing national security needs amid surging oil prices...
By Tommy Flynn
South Korea's National Assembly passed a special bill on March 12, 2026, to implement a $350 billion investment pledge in the United States, establishing a state-run corporation to oversee project selection and management with input from both countries' trade authorities. The...