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Fed Expected to Keep Rates Unchanged on Mixed Economic Data
The U.S. central bank, to President Donald Trump's chagrin, will likely leave interest rates unchanged at a policy meeting this week, but that's not to say there won't be a vigorous debate, with one if not two Federal Reserve governors possibly casting a rare dissent in...
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Stephen Moore to Newsmax: Trump Won't Fire Fed Chair Powell
Former White House economic adviser Stephen Moore told Newsmax on Friday that President Donald Trump won't fire Federal Reserve Chairman Jerome Powell despite his frequent public criticism.
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Dems Delete X Post Blaming Bidenomics for Inflation
Democrats' attempt to blame President Donald Trump for high grocery prices appears to have backfired with the deletion of a social media post. The Democratic Party's X account had posted a graph...
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The European Disease: Germany Enters the Debt Spiral
Germany is on a path to losing its reputation as a fiscally responsible state. Through unchecked spending, the federal government is steering the country into stormy waters.
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Trump Suggests Fed Chair May Cut Interest Rates
President Donald Trump said Friday he had a good meeting with Federal Reserve Chair Jerome Powell and got the impression Powell might be ready to lower interest rates.
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WSJ Poll: Economic Optimism Surges 11 Points Under Trump, Recent Record
A new Wall Street Journal poll released today reveals a striking 11-point surge in the number of Americans who rate the U.S. economy as "excellent" or "good," the most positive outlook recorded in Journal surveys since 2021.
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US Core Capital Goods Orders Unexpectedly Fall in June
New orders for key U.S.-manufactured capital goods unexpectedly fell in June, suggesting a pullback in business spending on equipment as the boost from front-loading of activity ahead of tariffs on imports faded.
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Trump, Powell Spar Over Costs of Fed Renovations
President Donald Trump and Federal Reserve Chairman Jerome Powell sparred face-to-face over the cost of renovations of the central bank's Washington headquarters, with the Fed leader saying the president was wrong about the cost of the overhaul.
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$3.7B Spent on J6 Misdemeanor Prosecutions: Justice or Waste?
In the wake of the January 6, 2021, demonstration at the U.S. Capitol, the federal government launched the most expansive criminal investigation in modern U.S. history.
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Unemployment Claims Fall for 6th Straight Week
The number of Americans filing for jobless aid fell for the sixth straight week, hitting the lowest level since mid-April.
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Trump to Visit Federal Reserve Headquarters
President Donald Trump is visiting the Federal Reserve headquarters in Washington Thursday, a week after indicating that Fed chair Jerome Powell's handling of an extensive renovation project on two Fed buildings could be grounds for firing.
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Trump Unveils AI Plan to Spur Growth, Cut Red Tape
President Donald Trump unveiled an ambitious plan on Wednesday aimed at solidifying American leadership in artificial intelligence, pledging to streamline regulations, accelerate infrastructure development, and promote U.S. tech exports to counter China's growing influence,...
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Germany's €450 Billion 'Democracy Tax'
Political centralism doesn't come free of charge. On the path toward the United States of Europe, Brussels is entangling itself in a web of overreach, control mania, and interventionism.
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Trump: Powell 'Doesn't Get It,' Costing US $1T
U.S. President Donald Trump on Wednesday reiterated his criticism of Federal Reserve Chairman Jerome Powell amid his ongoing call for lower rates, and called on the central bank's board to act.
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Bessent: Trump Admin Not in a Rush to Replace Powell
U.S. Treasury Secretary Scott Bessent said Wednesday that the Trump administration was not in a rush to nominate a new Federal Reserve Chair to replace Jerome Powell.
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New York Fed Survey Boosts Trump's Case for Interest Cut
Americans remain bullish on the economy, jobs and credit despite a slight uptick in inflation as President Donald Trump and Federal Reserve Chair Jerome Powell continue to duke it out over interest rates.
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Trump Says Japan, US to Form LNG Joint Venture
President Donald Trump said Tuesday that Japan will form a joint venture to develop a liquefied natural gas project in Alaska though a Japanese government official said he was not aware of such plans.
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Survey: Fewer Side Gigs For 1st Time Since 2017
The number of Americans with side hustles is shrinking, according to a new survey from Bankrate.The survey found 27% of working Americans have a second stream of income, a decrease of nine points from 2024 and the lowest percentage since 2017.
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Trump: Philippines Gets 19% Tariff for 'Zero Tariffs' on US
Minutes after calling Philippines President Ferdinand Marcos Jr. a "tough negotiator," President Donald Trump announced he has secured a "zero tariff" deal to open free trade for the export of American goods.
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Bessent: No Need for Fed's Powell to Step Down Right Now
There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said on Tuesday, adding that the Fed chief's legacy should be to right-size the central bank's non-monetary policy functions.
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Mamdani Leaves NY Business Leaders Divided on Opposition Strategy
The business community in New York City is scrambling to figure out who to support in November's mayoral race, with many leaders saying either Andrew Cuomo or Mayor Eric Adams needs to drop out for the other to have a chance.
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Bessent: US Not Rushing Trade Deals Ahead of August Deadline
The Trump administration is more concerned with the quality of trade agreements rather than their timing, U.S. Treasury Secretary Scott Bessent said ahead of an Aug. 1 deadline for securing a trade deal or facing steep tariffs.
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Bronx Science Alum Mamdani Alarmingly Left
Less well-known are that many graduates have been prominent Democrats and those who may be regarded as being beyond extremely left wing.
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Powell Really Can't Deliver What President Trump Needs
In the face of President Trump's tariffs, the U.S. economy is proving resilient but hardly remarkable.
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Could Congress Undo the EV Mandate in the Future?
Imagine a future where electric vehicles (EVs) dominate America's roads, slashing emissions and reshaping transportation. Now picture that vision halted by a single congressional vote, only to spark a fierce battle to bring it back.