The Trump administration publicly acknowledged this weekend that U.S. consumers are bearing the brunt...
Economy
Track the latest developments in the U.S. and global economy with fact-based reporting from NewsFactsNetwork. This category covers inflation, jobs, markets, trade, taxes, and fiscal policy — along with how government decisions and business trends impact everyday Americans. All coverage is rooted in credible data and presented with minimal bias for a clear, accurate understanding of economic issues.
Treasury Secretary Scott Bessent warned that nations unwilling to negotiate trade deals with the...
As President Donald Trump vows sweeping new tariffs on pharmaceutical imports, independent pharmacists across...
Moody’s Ratings downgraded the U.S. government’s credit rating Friday from Aaa to Aa1, citing...
Walmart announced Thursday it will raise prices due to rising costs from President Trump‘s...
Attorney General Pam Bondi sold between $1 million and $5 million worth of Trump...
The Department of Government Efficiency (DOGE), created by President Trump, is under fire for...
President Trump secured a $600 billion investment commitment from Saudi Arabia on Tuesday, including...
A new report from the Budget Lab at Yale University finds that President Trump‘s...
House Republicans are advancing a plan to raise the U.S. debt ceiling by $4...
President Donald Trump on Monday intensified his criticism of the European Union, calling it...
The Department of Energy drew attention Saturday by invoking a “Simpsons” meme to promote...
The United States and China have agreed to significantly lower reciprocal tariffs for 90...
A new report from the Center on Budget and Policy Priorities warns that a...
Donald Trump said Friday he would accept a “TINY” tax increase on wealthy Americans...
President Donald Trump suggested Friday that his administration could lower the 145% tariff on...
President Donald Trump lashed out at Federal Reserve Chair Jerome Powell on Thursday after...
Treasury Secretary Scott Bessent declined to identify which countries the United States is close...
New Hampshire has become the first U.S. state to establish a cryptocurrency reserve, following...
A new Economist/YouGov poll shows 40% of Americans believe the U.S. is in a...
The U.S. trade deficit jumped to $140.5 billion in March, up 8% from February,...
According to blockchain analytics firm Chainalysis, 58 wallets have each profited over $10 million...
Donald Trump announced plans to unveil new tariffs on pharmaceutical imports within the next...
North Carolina Governor Josh Stein says more aid is still needed for small businesses,...
President Donald Trump said he won’t remove Federal Reserve Chair Jerome Powell before his...
In a “Meet the Press” interview, President Trump credited himself for recent economic gains...
A new report from Greensboro, North Carolina highlights growing anxiety among small businesses over...
Warren Buffett stunned shareholders Saturday by announcing plans to retire as CEO of Berkshire...
Americans are expressing the most pessimism about the economy since the early months of...
President Trump expressed confidence in the long-term health of the U.S. economy despite growing...
Temu has stopped shipping products from China to the U.S. in response to a...
President Trump is preparing to unveil a sweeping fiscal 2026 budget blueprint that proposes...
The cryptocurrency industry is throwing a high-profile, $1.5 million-per-head fundraiser for President Trump on...
Despite Donald Trump’s pledges to slash federal spending, the government spent approximately $220 billion...
The U.S. economy shrank by an annualized 0.3% in the first quarter of 2025,...
U.S. consumer confidence dropped sharply in April to its lowest point since the early...
Democrats are demanding the White House disclose financial transactions made by Trump administration officials...
House Republicans unveiled a bill Sunday proposing a $150 billion boost to Pentagon spending,...
President Trump suggested Sunday that income tax cuts could help counter the impact of...
Former economic adviser Gary Cohn said Sunday that President Trump‘s tariffs will be “highly...
President Trump receives stronger approval on immigration than on other issues, but a significant...
President Trump said he would “absolutely” sign legislation banning members of Congress from trading...
A coalition of 12 states filed a lawsuit Wednesday challenging President Trump‘s sweeping tariffs,...
Two new polls released Wednesday reveal declining public confidence in President Trump‘s handling of...
Treasury Secretary Scott Bessent said Tuesday that the ongoing U.S.–China trade war is “not...
President Trump said Tuesday he has “no intention” of firing Federal Reserve Chairman Jerome...
President Trump expressed optimism Tuesday about a possible trade agreement with China, suggesting the...
President Trump intensified pressure Monday on Federal Reserve Chair Jerome Powell, calling him a...
A new survey by Chief Executive magazine shows a majority of U.S. business leaders...
President Donald Trump on Thursday claimed he could remove Federal Reserve Chair Jerome Powell...