Economics
The Container Store, a well-known storage and organizational brand, has recently filed for Chapter 11 bankruptcy, joining other major retail chains such as Party City, Big Lots, True Value, and Rite Aid in making similar decisions amid challenging market conditions. With a workforce of 102 stores across the country, The…
The Biden-Harris administration has officially extended South Africa’s eligibility for trade benefits under the Africa Growth and Opportunity Act (AGOA) until the end of the next fiscal year. This decision has sparked concern among observers in South Africa, particularly in light of the country’s outspoken support for the Palestinian cause…
The article discusses the optimistic economic outlook for the United States following the recent elections, specifically highlighting the potential for an economic boom driven by a renewed spirit of enterprise. It reflects on President-elect Donald Trump’s possible acquisition of Greenland, which is proposed as a strategic move to tap into…
As the political landscape shifts in anticipation of the upcoming transition of power in the United States, the public sentiments surrounding President Joe Biden and President-elect Donald Trump are marked by stark contrasts. According to recent polling data from Emerson College, Biden’s approval rating has plummeted to a personal low…
This year, Thanksgiving desserts are set to be more expensive for Americans. Traditionally, pies, tarts, and turnovers are integral to Thanksgiving celebrations, but the Consumer Price Index (CPI) reveals a significant price increase since the Biden administration took office. Specifically, from October 2020 to October 2024, the prices for frozen…
A new hotline initiative has cropped up to assist American workers in reporting what some label as “woke corporate politics.” Photographs obtained by Breitbart News disclose billboards in cities like Dallas, Texas, and Nashville, Tennessee, inviting individuals disenfranchised with diversity, equity, and inclusion (DEI) meetings to participate. The message is…
Carney Discusses Kudlow: Mexico Will Not Instigate a Trade War with the U.S. Due to Trump’s Tariffs
In a recent discussion on Fox Business Network’s “Kudlow,” economist John Carney addressed concerns surrounding potential trade conflicts as President-elect Donald Trump prepares to impose tariffs on goods imported from Mexico, Canada, and China. Carney reassured viewers that Mexico would not instigate a trade war in retaliation for Trump’s proposed…
The cost of Thanksgiving dinner has dramatically increased under the Biden-Harris administration compared to when Donald Trump was in office, leading to significant changes in Americans’ holiday plans. A survey conducted by the Economist/YouGov reveals that over one-third of Americans are altering their Thanksgiving arrangements due to rising food prices.…
Report: Trump’s Deportation Policies Expected to Increase U.S. Wages by Reducing Dependence on Low-Cost Foreign Labor
President-elect Donald Trump’s intention to implement mass deportations of illegal immigrants is projected to significantly impact the U.S. labor market, particularly by increasing wages for American workers. A report by CalMatters, a nonprofit news organization based in California, reveals that the elimination of cheaper foreign labor could compel employers to…
In October, the Federal Reserve’s preferred measure of inflation, the personal consumption expenditures price index (PCE), reported an increase in core prices, signaling continued challenges with inflation despite signs of cooling in previous months. The core inflation rate rose 2.8 percent year-over-year, highlighting persistent inflationary pressures that remain above the…
In the third quarter of 2023, the Federal Reserve reported operating losses amounting to $19.9 billion, highlighting a concerning trend that has persisted since Q4 2022. This recent loss, while representing a decrease of 35 percent from the previous quarter, has nonetheless risen from just over $16 billion in Q2.…
Trudeau Left Unprepared for Trump Tariff Threat, Uniting Conservatives and Leftists in Agreement
On a day marked by notable bipartisan commentary, leaders from Canada’s Conservative Party and the leftist New Democratic Party (NDP) expressed unanimous concern over Prime Minister Justin Trudeau’s handling of a looming trade threat from President-elect Donald Trump. Trump announced a plan to impose a 25 percent tariff on Canadian…
The U.S. Marshals Service and the FBI have issued a warning to the public regarding a surge in phone scams involving individuals impersonating law enforcement officials. These scammers are deceitfully presenting themselves as U.S. Marshals, court officers, or other government agents to extort money from victims. They typically claim that…
In a strategic move to solidify his economic team, President-elect Donald Trump announced the appointment of key officials on Tuesday, placing a strong emphasis on experience in navigating critical economic matters, particularly income taxes and tariffs. Jamieson Greer, an international trade attorney, is set to become the U.S. trade representative,…
Editor's Picks
The Container Store, a well-known storage and organizational brand, has recently filed for Chapter 11 bankruptcy, joining other major retail chains such as Party City, Big Lots, True Value, and Rite Aid in making similar decisions amid challenging market conditions. With a workforce of 102 stores across the country, The…
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