Economy

89 articles in the Economy category.

A Halifax, Nova Scotia construction site as seen in 2015
World NewsEconomyAugust 9, 2025

Trump's Tariffs Shake Canada’s Economy: 40,800 Jobs Lost as America First Policy Takes Hold

By RWTNews Staff

The manufacturing sector, a cornerstone of Canada’s economy, bore the brunt of these tariffs, with employment dropping by nearly 10,000 jobs compared to last year.

Intel CEO Lip-Bu Tan Addresses Concerns Over China Ties, Pledges Full Cooperation with Trump Administration
EconomyScience & TechnologyAugust 9, 2025

Intel CEO Lip-Bu Tan Addresses Concerns Over China Ties, Pledges Full Cooperation with Trump Administration

By Tommy Flynn

This response follows Sen. Tom Cotton's (R-Ark.) letter to Intel Chairman Frank Yeary, which raised alarms about Tan's connections to Chinese companies linked to the Chinese Communist Party (CCP) and People's Liberation Army (PLA).

Barr Introduces Bill to Permanently End Politicized Debanking
PoliticsEconomyAugust 9, 2025

Barr Introduces Bill to Permanently End Politicized Debanking

By Tommy Flynn

This Bill would Codify President Trump's recent EO into law and ensure future administrations can't weaponize the financial system.

President Trump smiling with two thumbs up
EconomyUS NewsAugust 8, 2025

Trump's Economic Revival: Surpassing Biden's Legacy and Shattering Doomsayer Forecasts

By Tommy Flynn

Trump inherited Biden's mess—high inflation, supply disruptions, and debt—but transformed it into prosperity for workers, families, and industries.

President Trump signing an executive order
PoliticsEconomyAugust 8, 2025

Trump Axes Waste: EO Demands Oversight to End Absurd Federal Grants

By Tommy Flynn

By enforcing "Gold Standard Science" and prioritizing efficient recipients, the EO ensures taxpayer dollars build American prosperity, not fund radical nonsense or foreign threats.

Split Image: Erika McEntarfer and President Trump
EconomyPoliticsAugust 3, 2025

Trump Axes BLS Chief Over Suspicious Revisions Potentially Masking Economic Truth

By Tommy Flynn

National Economic Council Director Kevin Hassett, in appearances on NBC's "Meet the Press" and "Fox News Sunday," pointed to these revisions as concrete proof of incompetence or worse.

Computer chip on left, stock chart on right
EconomyScience & TechnologyAugust 3, 2025

S&P and Nasdaq Hit Record Highs Fueled by Massive Gains in the Tech Sector

By RWTNews Staff

The market’s surge comes on the heels of positive economic signals. A better than expected second-quarter GDP report underscored the strength of the U.S. economy, defying fears of tariff-related slowdowns.

President Donald Trump speaks to Fed Chair Jerome Powell during a tour of the Federal Reserve in Washington, D.C., Thursday, July 24, 2025.
EconomyUS NewsAugust 2, 2025

Trump Spares Powell from Axe to Shield Markets from Chaos

By Tommy Flynn

Trump's restraint comes amid a stormy relationship with Powell, whom he appointed in 2018 but quickly criticized for hiking rates during his first term, which Trump argued stifled economic growth.

An AI-marked microchip
Science & TechnologyEconomyAugust 1, 2025

Pittsburgh pushes to become the world's AI capital

By RWTNews Staff

In Harrisburg on Monday, the Strike Force's executive director Joanna Doven spoke to the urgency of the moment, echoing state leaders including Gov. Josh Shapiro and Sen. Dave McCormick’s aspirations to make Pennsylvania a leader in a new era of technology.

President Donald Trump holding tariff list
US NewsEconomyAugust 1, 2025

Judges question arguments in case over Trump's tariff power

By Brett Rowland

Democrat-led states and five small businesses challenged Trump's authority under the 1977 law. A lower court tossed the tariffs, saying Trump overstepped.

President Trump at his desk
US NewsEconomyJuly 30, 2025

Trump slaps additional 40% tariff on Brazil for 'witch hunt' of former president

By Caroline Boda

Trump warned of economic retaliation against Brazil earlier this month due to what he dubbed a political “witch hunt” against his ally and former Brazilian President Jair Bolsonaro.

US $1 bills
EconomyUS NewsJuly 29, 2025

Americans are Fleeing Blue States for Red States and Bringing Their Tax Dollars With Them

By RWTNews Staff

From 2013 to 2023, blue states like California lost $102 billion in adjusted gross income (AGI), New York shed $111 billion, Illinois dropped $63 billion, New Jersey $31 billion, and Massachusetts $19 billion, per IRS migration reports.