The number of Americans filing for jobless benefits for the first time rose very modestly to 222k last week. Since Nov 2021, jobless claims have barely blipped higher (or lower), despite the recent tsunami of calls for imminent recession…
Finance
Latest News
White House: 18 Countries Have Made Formal Trade Proposals to U.S…
The Trump administration has received official trade offers from 18 countries, and its trade negotiation team has meetings scheduled with 34 countries this week, the White House announced Tuesday…
These Companies Have Announced Their Intention to Increase U.S. Manufacturing…
Trump is revving up the American manufacturing sector…
Trump Drops Hammer on China with 245% Tariff…
President Donald Trump has imposed a staggering 245% tariff on Chinese imports, vowing to defend American industry and undercut China’s retaliatory tactics…
Gary Shapley, Whistleblower IRS Agent Who Investigated Hunter Biden, Expected to Be Named Agency’s Acting Chief…
Gary Shapley blew the whistle on how the IRS was holding back key information into Hunter Biden’s IRS records during the Biden administration. He’s now been appointed as Acting Commissioner of the IRS. It’s stunning to see a whistleblower be rewarded rather than destroyed professionally…
A Budget Battle That Could Determine Speaker Johnson’s Future…
Speaker of the House Mike Johnson is staking his political future on one daunting task—delivering a budget reconciliation bill that will satisfy both houses of Congress…
Quick Update on DOGE Contract Cancellations…
Some new highlights on questionable federal contracts plus a new DOGE website seeking suggestion from Americans on ‘cutting’ waste…
March Deficit Unexpectedly Tumbles to 5 Year Low as DOGE Cracks Down on Democrat Money-Laundering Schemes…
One month ago, when looking at the latest US Treasury income and spending, or as it is better known, deficit, data we found something shocking: the last months of the Biden admin were marked by spending unlike anything ever seen before, in fact, spending in the first six months of fiscal 2025 surpassed even the crisis 2020 and 2021 when the US injected trillions into the economy…
‘Big, Beautiful’ Budget Passes the House in Massive Win for Trump…
U.S. House Speaker Mike Johnson (R-LA) pulled off the nearly unthinkable Thursday morning, securing passage of a budget that absorbs most of the changes left in place by U.S. Senate Republicans…
Liberation Day Puts Main Street Ahead of Wall Street…
Trump’s tariffs make his commitment to America’s forgotten men and women clear…
Treasury Secretary Scott Bessent Provides Clarity and Details Surrounding 90-Day Pause, Baseline 10% Tariffs and Chinese Tariffs at 125%…
Treasury Secretary Scott Bessentt is making the rounds educating anybody and everybody who is interested in learning about Trump and his Economic teams tariff strategy…
Bessent Says U.S. Building Allied Trade Bloc to Isolate Beijing, Market Panic Overblown…
Treasury Secretary Scott Bessent said Wednesday the U.S. is moving toward trade agreements with key allies that will form the basis for a united economic front against China, while dismissing fears of a financial crisis as “nothing systemic.”
Kevin O’Leary Tells Trump What Tariffs He Wants on China “It’s time to squeeze Chinese heads into the wall”…
‘They cheat, they steal.’…
Goldman Calls “U.S. Recession” at 12:57pm; 73 Minutes Later Rescinds Recession Call…
Yesterday morning, when we were flooded with a barrage of apocalyptically bearish “research” by a generation of Wall Street sellside bankers who seemingly never lived through Trump’s first trade war which which, as we explained previously, followed the following very simple algorithm…
National Economics Council Director Hassett Says So Many Nation Phone Calls Requesting Trade Negotiations They Are Struggling with Scheduling…
National Economic Council Director Kevin Hassett appeared on Fox News to discuss the first week impact from President Trump’s global trade reset and implementation of reciprocal tariffs…
Here’s Schumer In 2005 Saying Big Tariffs On China Needed…What Happened to This Guy?…
In 2005, Chuck Schumer passionately advocated for a 27.5 percent tariff on China, calling their trade policies unfair and saying it had to end…
President Trump Warns China of “Additional 50 Percent Tariff and No Negotiations” Effective April 9th…
Trump – “Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set…
Private Medicare Plans to Get Big Payment Boost from Trump Administration…
The Trump administration will substantially increase payment rates for Medicare insurers next year, generating more than $25 billion in additional revenue for the industry and doubling the boost proposed in January…
Watch What Nancy Pelosi Said on Tariffs on the House Floor in 1996…What Happened to Her Between Then and Now?…
Well lookie here. It’s Pelosi, Sanders, Obama and Trump all advocating for tariffs to address the decades long trade imbalances the U.S. has been enduring…
The Case for Tariffs…
The principles that guided America’s industrial rise remain relevant even in today’s global trade environment. That means providing businesses with enough certainty and protection to justify long-term investments in domestic production capacity and workforce training in the face of ruthless mercantilist competitors…
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