Economy

90 articles in the Economy category.

A home under construction
EconomyUS NewsSeptember 15, 2025

Everyday Economics: Fed decision week: Housing, retail, and rate cut reality

By Orphe Divounguy

The risk for markets lies in the gap between expectations and reality. If the Fed proves more cautious than markets anticipate, the recent easing in financial conditions could reverse quickly, creating volatility across asset classes.

A detailed view of the Corinthian columns and architectural features of the U.S. Capitol
US NewsEconomySeptember 14, 2025

Funding for green groups soared after 2009 endangerment finding, nonprofit finds

By Brett Rowland

Democracy Restored, a nonprofit dedicated to showing how government works, reviewed the tax returns of more than 75 of the top nonprofit organizations focused on climate change.

Jobs revision graphic
EconomyUS NewsSeptember 9, 2025

Biden-Era Job Figures Face Massive Downward Revisions, Sparking Fraud Concerns Tied to 2024 Election

By Tommy Flynn

The timing of these disclosures fuels suspicions of foul play. Throughout 2024, monthly jobs reports under Biden touted robust growth—averaging over 200,000 additions per month—bolstering claims of a thriving recovery that Democrats leveraged on the campaign trail.

The Supreme Court building in Washington D.C.
US NewsEconomySeptember 4, 2025

President Trump Seeks Supreme Court Intervention to Uphold Vital Tariffs Amid Relentless Court Obstruction

By Tommy Flynn

Solicitor General D. John Sauer urged the justices to decide by September 10 whether to take up the case and, if granted, schedule oral arguments for the first week of November.

Lisa D. Cook sworn in as a member of the Board of Governors of the Federal Reserve System.
US NewsEconomyAugust 29, 2025

Second Criminal Referral Filed Against Fed Governor Lisa Cook Over Property Misrepresentations

By RWTNews Staff

The referral focuses on a Cambridge, Massachusetts condominium. On April 7, 2021, Cook secured a 15-year mortgage, classifying it as a "second home" for favorable terms like lower interest rates and down payments.

President Donald Trump in the Oval Office on May 8, 2025.
EconomyWorld NewsAugust 27, 2025

Trump goes on attack over digital services taxes, threatens tariffs

By Brett Rowland

Trump earlier this year killed Canada's plans to implement a digital services tax, but the president has made clear he doesn't want to see similar taxes pop up elsewhere, threatening to respond with U.S. tariffs if countries impose the tax unilaterally.

Now hiring sign
EconomyUS NewsAugust 27, 2025

Second-highest unemployment rate still in California

By Dave Mason

California’s unemployment rate was 5.5% in July. The only place with a worse rate was Washington, D.C., at 6%, the bureau said.

Federal Reserve Chairman Jerome Powell testifies before Congress on Tuesday, June 24, 2025
EconomyUS NewsAugust 24, 2025

Dow hits record high after Fed Chair hints at September rate cuts

By Morgan Sweeney

The Dow climbed 846 points, or 1.89%, from Thursday’s close to an all-time high of 45,631.74.

Exterior of a closing Bed Bath & Beyond store
US NewsEconomyAugust 20, 2025

Bed Bath & Beyond Ditches California Stores, Citing Overregulation and High Costs; Newsom's Office Gives Childish Response

By Tommy Flynn

In a statement posted on X, Lemonis explained the decision prioritizes the company's viability, employees, and customers over operating in an environment that hinders success.

$100 bills
EconomyUS NewsAugust 20, 2025

Pacific region sees higher inflation than national average

By RWTNews Staff

The inflation rate in the Pacific region is being caused by larger annual gains in medical care, services, housing, transportation and food, according to the report.

Overhead view of a residential neighborhood
EconomyUS NewsAugust 18, 2025

Everyday Economics: Housing market and Fed policy in focus in the week ahead

By Orphe Divounguy

The story remains stubbornly consistent: despite homes becoming slightly more affordable, sales are stuck in neutral.

White House Press Secretary Karoline Leavitt  White House
US NewsEconomyAugust 16, 2025

Report: average American to receive $3,752 tax cut in 2026 due to OBBBA

By Thérèse Boudreaux

According to the nonpartisan Tax Foundation report, taxpayers in every state will see reduced federal taxes next year and though there is “considerable geographic variation” in tax benefits.