The United States economy grew more than expected over the summer, shattering expectations and marking a two-year high of economic growth. The long-anticipated third-quarter GDP Read More
Tag: Federal Reserve
‘Those Were Two Utter Lies’: White House Press Briefing Turns Contentious Over ‘Affordability’
White House Press Secretary Karoline Leavitt answered questions on affordability and inflation during a sometimes contentious press briefing on Thursday. “Every economic metric does in Read More
SCOTUS takes up Trump’s bid to fire FTC commissioner at will — a showdown that could topple 90-year precedent
The Supreme Court will weigh Trump’s authority to fire a sitting FTC member in a major test of presidential powers — and a 1935 landmark court ruling.
America’s smallest cattle herd in 70 years means rebuilding will take years and beef prices could stay high
America’s cattle herd hits 70-year low as drought and costs devastate ranchers nationwide, driving beef prices up 16%.
Bessent: Trump Admin Targeting ‘Three I’s’ To Restore Affordability
Treasury Secretary Scott Bessent said on Sunday that the Trump administration’s economic strategy is centered on fixing “the three I’s: immigration, interest rates, and inflation,” Read More
Morning Brief: Mamdani At The White House, Epstein Files Loom, & Mixed Jobs Report
D.C. is abuzz today ahead of President Trump’s meeting with Mamdani, fallout from the Epstein files mounts, and the September jobs report smashes expectations. It’s Read More
One Year, Two Jobs Reports: How Trump And Biden Drove Job Growth In Very Different Ways
A year apart, President Donald Trump and former President Joe Biden both touted September job growth — but the source of that growth couldn’t be Read More
Anti-Trump Lawmakers To Host Alleged Epstein Survivors
A trio of anti-Trump members of Congress will host alleged survivors of convicted sex offender Jeffrey Epstein on Tuesday. Reps. Thomas Massie (R-KY), Marjorie Taylor Read More
Trump official addresses report that ground beef is headed to $10 per pound
Ground beef cost an average of $6.32 in September — up from $5.67 a year before, according to data from the Federal Reserve Bank of Read More
Fed Study Vindicates Trump Trade Policy: 150 Years of Evidence Shows Tariffs Lower Inflation
Researchers at the Federal Reserve Bank of San Francisco examined major tariff changes from 1870 through 2020 across the United States, United Kingdom, and France. Their conclusion challenges the conventional wisdom that dominated economic policy debates in recent years: when countries raise tariffs, prices actually fall, not rise.
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