Money & The Economy
News on Finance, Money, markets and the economy
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Fed Offers Up Prediction That Spells Good News For Trump’s Economy
The Federal Reserve Bank of Atlanta’s growth estimate for real gross domestic product (GDP) for the second quarter of 2025…
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Inflation Drops To Four-Year Low Under Trump
President Donald Trump achieved an economic victory after a prominent inflation reading dropped to its lowest reading in four years.…
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Steve Moore Admits He Was ‘Wrong’ In Predicting Trump’s Tariffs Would Cause Inflation To Spike
Former Trump administration official Steve Moore admitted Tuesday that increased inflation from tariffs imposed by President Donald Trump “just isn’t…
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US Consumers Now More Optimistic, Ending 5 Straight Months Of Decline In Confidence Index
U.S. consumer confidence bounced back in May ending five straight months of decline and beating economists’ expectations. The Consumer Confidence Index increased…
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Memorial Day Weekend Gas Prices Hit Lowest Average Since 2021
Average gas prices will be lower this Memorial Day weekend than they have been at the same point of the…
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Most Voters See Economy As Strong Under Trump For The First Time In Years, Poll Says
The majority of Americans believe that the United States economy is doing well under President Donald Trump’s leadership, per a…
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China’s Economy Stumbles As It Fails To Shake Off Trump’s Tariff Gut Punch
New economic data shows key Chinese industries continuing to struggle in the wake of President Donald Trump’s reciprocal tariffs. Retail…
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Trump Loops Emiratis Into American-Made Chips Supply Chain
President Donald Trump announced a deal Friday clearing the United Arab Emirates to buy top-tier American artificial intelligence semiconductors, pulling…
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Major Credit Rating Firm Downgrades US As Country Drowns In Debt
The United States government lost its last AAA credit rating Friday evening with Moody’s Ratings downgrading the country to AA+,…
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Grocery Prices See Biggest Drop In 5 Years As Trump’s Policies Take Effect
Grocery prices fell more in April than they have since 2020, driven by egg prices that saw their biggest drop…
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Inflation Eased More Than Expected In April, Slowing To Lowest Level Since 2021
Inflation eased more than expected in April, slowing to its lowest level since February 2021, newly released government statistics show.…
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DC Economy Takes Gut Punch As Trump Takes Shears To Federal Bureaucracy
President Donald Trump’s federal cuts are making a dent in the government-driven economy of Washington, D.C., Axios reported Tuesday. Since…
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Electric Vehicle Sales Nosedive As GOP Takes Buzzsaw To Biden’s Mandate
U.S. electric vehicle sales posted a rare decline in April, falling by roughly 5% even as the broader auto market…
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Trump’s Labor Market Is Healthy, But There Are Warnings Signs
While the mainstream media talking heads pontificate about Trump’s economy being in freefall, the labor market just keeps moving along.…
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Federal Reserve Holds Interest Rates Steady Despite Pressure From Trump
The Federal Reserve announced Wednesday in its third meeting of 2025 that it would continue to hold interest rates steady. The…
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