109 articles in the Economy category.
By RWTNews Staff
The United Auto Workers (UAW) announced that targeted tariffs on imported heavy trucks have spurred a hiring surge and production expansion at the Detroit Diesel manufacturing complex in Michigan. In a March 11, 2026, Facebook post, the union stated Detroit Diesel will add a...
By RWTNews Staff
President Donald Trump announced on March 11, 2026, that the United States will tap into the Strategic Petroleum Reserve (SPR) to address surging oil prices stemming from the ongoing U.S.-Israeli military operation against Iran, dubbed Operation Epic Fury, which commenced on...
By Tommy Flynn
The International Energy Agency (IEA) on March 11, 2026, announced that its member countries would release 400 million barrels of crude oil from strategic reserves, marking the largest such action in the organization's history. The move aims to stabilize global energy markets...
By Tommy Flynn
Forbes Media Chairman Steve Forbes voiced strong support for President Donald Trump's decisive actions against Iran during an appearance on Newsmax TV's "Sunday Report" on March 10, 2026. Forbes described Iran as "terrorism central," noting the regime has targeted the U.S. for...
By Tommy Flynn
WASHINGTON – Oil prices fell and stock markets rose Monday after President Trump, in a CBS telephone interview, described the military action against Iran as "very complete, pretty much" and said it could end soon, easing fears of prolonged supply disruptions. Trump told CBS:...
By Tommy Flynn
Experts and talking heads always predict doom and gloom, and then President Trump delivers results that fly in the face of those predictions.
By RWTNews Staff
WASHINGTON – The Internal Revenue Service issued comprehensive rules and regulations Friday for the Trump Accounts program, a key provision of the One Big Beautiful Bill Act signed into law in December 2025, providing a $1,000 federal seed deposit into investment accounts for...
By Tommy Flynn
DUBAI – Iranian forces targeted additional oil tankers in the Gulf region Wednesday, damaging at least three vessels and killing one seafarer, escalating disruptions to global energy supplies amid the ongoing U.S. military action against Tehran. A Bahamas-flagged crude tanker...
By Tommy Flynn
WASHINGTON – Treasury Secretary Scott Bessent stated Monday that the administration will likely increase President Trump's temporary 10% global import tariff to 15% this week, as part of efforts to rebuild U.S. trade protections under proven legal frameworks following the...
By RWTNews Staff
WASHINGTON – The Trump administration is set to announce steps tomorrow to shield American consumers from rising energy costs triggered by the ongoing military action against Iran, Secretary of State Marco Rubio confirmed Monday. Oil prices surged sharply on Monday, with Brent...
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,...
By Orphe Divounguy
Tariffs, tired demand, and a fragile labor market