Economy

129 articles in the Economy category.

$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.

Americans Distrust Government Data Amid BLS Job Revision Scandals
US NewsEconomyAugust 15, 2025

Americans Distrust Government Data Amid BLS Job Revision Scandals

By RWTNews Staff

Conducted August 13-14 among 1,000 registered voters, the survey shows 46% view BLS data as unreliable, while just 13% find it very reliable. Two-thirds (68%) believe politics biases government information.

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.