63 articles in the Economy category.
By RWTNews Staff
The NBER study, authored by economists Jeffrey Clemens, Olivia Edwards, and Jonathan Meer, found that California’s fast-food sector contracted by 3.2% from September 2023 to September 2024, while national fast-food employment grew by 0.1%.
By RWTNews Staff
The U.S. has reaped significant revenue from these tariffs, with estimates suggesting over $100 billion annually in new revenue, bolstering federal coffers and supporting Trump’s goal of economic self-reliance.
By Tommy Flynn
“Many of our largest tech companies have reaped the blessings of American freedom while building their factories in China, hiring workers in India, and stashing profits in Ireland,” Trump declared.
By RWTNews Staff
The announcement follows months of trade tensions, with Trump’s earlier threat of 25% tariffs on Japanese goods set to take effect August 1. Japan, a key U.S. ally and the world’s fourth-largest economy, holds $1.1 trillion in U.S. Treasury securities
By RWTNews Staff
Trump's signing of the GENIUS Act marks a watershed moment for cryptocurrency markets, evidenced by the unprecedented 25% surge across digital assets.
By RWTNews Staff
Can TSMC sustain its AI-driven success amid rising tariffs and economic headwinds? The chip giant’s next moves will shape the future of tech.
By RWTNews Staff
Breakthroughs in liquid hydrogen storage and sodium-air fuel cells promise to transform aviation with zero-emission flights. These innovations could boost the economy through sustainable energy solutions.
By RWTNews Staff
U.S. tariffs under Trump disrupt global trade and strain tech sectors, while AI and Blue Origin’s New Glenn launch fuel economic optimism.
By RWTNews Staff
A Chinese AI startup, DeepSeek, unveiled a low-cost chatbot rivaling ChatGPT, sparking a $600 billion plunge in Nvidia's stock value. This historic market drop highlights growing competition and economic shifts in the global tech industry.
By RWTNews Staff
By March 28, 2025, Hyundai, Apple, TSMC, and more announced billions in U.S. investments, fueling hope for American manufacturing. Despite critics’ inflation warnings, Trump’s tariffs are driving a job-creating economic surge.
By RWTNews Staff
In mid-March 2025, U.S. tariff threats spurred global shifts, with Hungary and India slashing taxes and Germany boosting industry. These changes signal a bright future for American jobs and trade dominance, despite critics’ inflation fears.
By RWTNews Staff
On January 20, 2025, President Trump announced 25% tariffs on Mexico and Canada, igniting conservative enthusiasm for protecting American industries. While left-leaning critics cry inflation, supporters see a bold move to bring jobs home and strengthen the economy.