Donald Trump’s disastrous governance has successfully tanked America’s labor market. The federal government released another weak jobs report Friday, after the previous poor jobs report resulted in Trump lashing out and firing the Commissioner of Labor Statistics. At the time, Trump baselessly claimed that the “Jobs Numbers were RIGGED in …
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Late last week, Donald Trump realized a dream that he’s had since he was president of the United States the first time: firing the person who informed the world that his economy isn’t as great as he wants to pretend it is. It was a move so comically autocratic that …
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Donald Trump was blocked by a federal court on Wednesday from imposing a sprawling set of import taxes on nearly every country. The ruling was in response to two separate lawsuits by businesses and state officials who accused the president of overstepping his authority to issue those tariffs, leaving them …
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The Trump administration and China have agreed to temporarily scale back tariffs as the two nations take tentative steps towards negotiating an economic ceasefire after over a month of escalation in a trade war that has threatened the global economy. The White House announced on Monday that “in reaching an …
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Donald Trump’s trade wars with China and other nations are widely expected to cause sharp economic pain, but some experts have warned consumers not to hoard supplies and goods before prices skyrocket, arguing that mass stockpiling could backfire spectacularly. Well, many Americans aren’t listening to that advice, according to survey …
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Markets open with a selloff on Wednesday in response to another wave of negative economic projections fueled by President Donald Trump’s global tariff war. According to a Wednesday report from the Department of Commerce, GDP fell 0.3 percent in the first quarter of 2025, marking the first time the economy …
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The International Monetary Fund warned on Tuesday that the global economy is set to enter a “new era” marked by “significantly” slower economic growth caused by tariff chaos and uncertainty brought about by President Donald Trump. “The global economic system under which most countries have operated for the last 80 …
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Egg prices hit record highs in the latest Consumer Price Index (CPI) report, alongside increases in the average prices in other staple food categories. The increase comes as retailers continue to brace for the effects of President Donald Trump’s global 10 percent tariff rate — which remains in effect despite …
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Financial markets are taking a nosedive for the second straight day amid global panic and investor anxiety over Donald Trump’s implementation of broad tariffs on foreign imports.Economists are warning that the president’s actions are putting not just the United States but the world at risk of a global recession, and …
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Stock markets continued their downward slide today amid growing concerns that President Donald Trump’s economic shock doctrine will trigger a major economic downturn. The “golden age” of economic prosperity he promised during his 2024 campaign doesn’t seem to be coming anytime soon, and just weeks into his term, Trump is …
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