Elon Musk will look at with Trump on thought for tax refunds from DOGE financial savings

[ad_1] DOGE financial savings – U.S. President Donald Trump speaks subsequent to Elon Musk and X Æ A-12, Musk’s son, throughout the Oval Office of the White House in Washington, D.C., U.S., February 11, 2025. Elon Musk on Tuesday talked about he’ll contact base with President Donald Trump on a proposal to ship Individuals tax refund … Read more

Treasury Secretary Bessent: Trump Administration Steers U.S. Away from Financial Crisis

Washington, D.C. – March 16, 2025Treasury Secretary Scott Bessent delivered an optimistic assessment of the Trump administration’s economic strategy during an appearance on NBC’s Meet the Press today, asserting that decisive policy shifts are preventing an impending financial crisis. Bessent, a seasoned economist and hedge fund veteran, credited the administration’s focus on sustainable fiscal policies … Read more

Retail sales increased 0.2% in February, less than expected; ex-autos up 0.3%, meeting estimate

[ad_1] Shoppers spent at a slower than anticipated tempo in February, although underlying readings indicated that gross sales nonetheless grew at a strong tempo regardless of worries over an financial slowdown and rising inflation. Retail gross sales elevated 0.2% on the month, higher than the downwardly revised decline of 1.2% the prior month however under … Read more

Powell may have a hard time avoiding Trump’s ‘Too Late’ label even as Fed chief does the right thing

Federal Reserve Chair Jerome Powell faces a difficult scenario as President Donald Trump has repeatedly labeled him “Mr. Too Late” for his cautious method to rate of interest changes. This criticism, voiced in April 2025, stems from Trump’s push for preemptive fee cuts to stimulate the economic system, significantly in response to his tariff insurance … Read more

Trump must negotiate trade with China

Trump Faces Mounting Strain to Negotiate Commerce Cope with China Amid Escalating Tariff Struggle Washington, D.C. – April 10, 2025 – Because the commerce conflict between the USA and China intensifies, President Donald Trump finds himself at a important juncture, with rising calls from advisors, lawmakers, and financial analysts urging him to barter a complete … Read more

Trump’s Tariffs Dodge Inflation Thanks to Patriotic Buying, Claims Advisor Hassett

Trump Tariffs Not Fueling Inflation Attributable to ‘Patriotism’ Shopping for, Says White Home Advisor Hassett Washington, D.C. – On July 14, 2025, White Home Nationwide Financial Council Director Kevin Hassett attributed the dearth of widespread inflation from President Donald Trump’s current tariff insurance policies to elevated demand for American-made merchandise, pushed by what he referred … Read more

Fed minutes January 2025

[ad_1] Federal Reserve officers in January agreed they might wish to see inflation come down further sooner than lowering charges of curiosity further, and expressed concern regarding the have an effect on President Donald Trump’s tariffs would have in making that happen, in accordance with meeting minutes launched Wednesday. Policymakers on the Federal Open Market … Read more

How Trump’s trade policy is putting pressure on U.S. farmers

[ad_1] Soy farmer Caleb Ragland on his farm in Magnolia, Kentucky Courtesy: American Soybean Affiliation Caleb Ragland, a soybean farmer in Magnolia, Ky., voted for President Donald Trump in 2016, 2020 and 2024. Now, nevertheless, he has to navigate a tariff minefield at a time when the sector is already dealing with main headwinds. Ragland … Read more

Fed Governor Stephen Miran pushes case for central bank to slash key interest rate

Fed’s Newest Voice: Governor Stephen Miran Urges Aggressive Rate Cuts to 2.5% Amid Trump Policies In a bold debut that’s rippling through Wall Street, Federal Reserve Governor Stephen Miran is ramping up his push for the central bank to slash its benchmark interest rate by nearly 2 percentage points, targeting a neutral level around 2.5%. … Read more

U.S. Treasury Halts Penny Production, Signaling End of an Era for the One-Cent Coin

Washington, D.C., Could 22, 2025: The U.S. Treasury Division has formally confirmed plans to part out manufacturing of the penny, with its remaining order for penny blanks positioned this month, in response to a press release reported by the Wall Avenue Journal. The USA Mint will stop manufacturing new pennies as soon as the prevailing … Read more