economy
EDITORIAL: Affordability is an urgent and burning issue, Mr. President — Americans want action
President Trump campaigned on making life more affordable. Inflation may have been tamed to 2%-3%, which is positive, yet prices aren’t going down as he says — and probably never...
Trump blasts Dems over 'con job' affordability rap against GOP after disastrous election
Key Republicans have pleaded after blowout losses in New Jersey and Virginia state races to "focus on affordability," which exit polls showed were the top issue for voters.
Trump faces 'greatest test' in delivering on affordability before 2026 midterms
"I don't think it was good for Republicans. I'm not sure it was good for anybody," the president told Republicans of the 2025 elections results.
Tuesday's elections were a GOP wake-up call for these two reasons
There are two key lessons from last night’s losses — one related to economics, another to the culture wars.
Now violence-wishing pols win, it’s still ‘the economy, stupid’ and other commentary
“There was a time when suggesting that your opponents should watch their children die would have automatically cost you an election,” recalls Slate’s Molly Olmstead.
American 'K-shaped' real estate market features plenty of options for high earners — but little for the rest
America’s housing market has split in two: High-earning buyers and sellers still have choices and leverage, while everyone else faces shrinking options and rising costs.
Pressure builds on Maduro, peace through energy dominance and other commentary
The deployment of “the Gerald R. Ford Carrier Strike Group” to the southern Caribbean shows that the United States has “changed its deterrence and diplomacy” as well its general “approach...
Goldman Sachs CEO David Solomon worried about mounting US debt: 'There will be a reckoning'
"We should be concerned about this, not sounding an alarm bell," he said. "But I do think over time, this is an issue."
Fed rate cut is too little, too late — show Jerome Powell the door
Fed chair Jerome Powell should be cheerleading Trump’s supply-side and pro-America policies, while waving cautionary flags about his tariffs. Instead, he's been a restraint on growth.
Basel Accord's expanded banking rules could tank Trump’s economy
The Trump team is oddly frozen about extending international banking rules on more US banks — rules that in the past may have led the global economy into repeated disaster.
Trump congratulates Argentina's Javier Milei after midterm election win
Early results in Argentina's legislative elections on Sunday showed a landslide victory for President Javier Milei as voters overwhelmingly backed his free-market reforms and deep austerity measures, providing a strong...
How Dems threw a government shutdown -- and no one cared
The party of big government lost the presidency and both houses of Congress, then demanded a federal shutdown to impose its welfare-state agenda on the nation — and no one...
Dow closes at all-time high as US inflation rises to just 3% in September — paving way for rate cuts
The Consumer Price Index should have been released on Oct. 15, but economic data has been halted by the government shutdown.
Home sales hit 7-month high as falling mortgage rates tempt buyers
Mortgage rates started declining in July in the lead-up to the Federal Reserve’s decision last month to cut rates for the first time in a year,
Popular meal kit sales surge as Americans tighten food budgets
The savory, cheese-forward Hamburger Helper meal kit — introduced in 1971 — has attracted consumers for decades as a quick and easy way to prepare inexpensive ground beef.
Mortgage rates aren't expected to fall this percentage for next several years: economist
Mortgage rates could remain stuck above 6% for the next several years, according to newly released projections from the economists at the Mortgage Bankers Association.
Government shutdown may stall the economies of 5 states, with real estate markets being hit hardest
Hundreds of U.S. Department of Housing and Urban Development (HUD) employees received layoff notices Friday, affecting fair housing and public housing offices, with significant reductions in field offices across the U.S.
Fed's Stephen Miran says he wants half-point interest rate cut this month
Miran has argued that a quicker rate-cut path is necessary as trade tensions and heightened economic uncertainty amplify risks to economic growth.
Nestlé slashing 16K jobs in massive restructuring after CEO turmoil
Nestle fired CEO Laurent Freixe in September over an undisclosed relationship with an underling.
Bessent rips 'unhinged' Chinese trade negotiator, announces 'price floors' in latest Beijing pushback
President Trump threatened an additional 100% tariff on Chinese goods in response to Beijing's rules requiring companies to seek permission to export products made with rare-earth or critical minerals.