Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
Congressional Budget Reform Proposal Revives Debate Over Federalism and Government Accountability
Rep. Blake Moore's Comprehensive Congressional Budget Act would require votes on the full federal budget annually, amid growing frustration with centralized governance.
Daily Wire Investigation Finds Ohio Spent $1 Billion on Medicaid Home Health Care in 2024
The investigation, based on data published by DOGE, reveals billions in 'personal services' payments where relatives can be paid to provide companionship to family members.
House Republican Calls National Debt 'Ticking Time Bomb' as U.S. Debt Tops 100% of GDP
The $39 trillion debt level, reached for the first time since World War II, has sparked renewed debate over federal spending priorities and deficit reduction efforts.
Mark Sanford Quits House Race After One Month to Launch Debt-Focused Nonprofit
The former South Carolina governor and congressman says he can have more impact on the $38.9 trillion national debt outside elected office.
Tariff Increases Reshape Prom Dress Market as Retailers Navigate Surging Costs
Effective tariff rates on special-occasion dresses range from 17% to 34%, with industry leaders warning families will face higher prices during peak prom season.
Johnson Quashes Farm Bill Rebellion to Pass Budget Blueprint for Reconciliation 2.0
The narrow 215-211-1 party-line vote brings Congress one step closer to ending DHS's record 10-week shutdown, though funding deadlines loom by early May.
White House Puts Whitmer on Notice About Who Is Actually Delivering on US Manufacturing Jobs
A $43.4 million Adrian Steel expansion in Michigan highlights the political tension over tariff policy and state-level economic incentives.
Federal Agents Execute Search Warrants in Minnesota Fraud Investigation of Childcare Programs
The searches target publicly funded social programs as the Trump administration investigates up to $9 billion in potential fraud tied to Minnesota-run initiatives since 2018.
UAE Departure from OPEC Adds to Oil Market Uncertainty Amid Strait of Hormuz Disruptions
The announcement comes as the critical shipping chokepoint remains largely blocked, cutting off roughly 20 percent of global oil and gas supplies.
Powell Could Remain at Fed Despite Looming End of Chair Term
While his chairmanship ends May 15, Powell's underlying governor term runs through 2028, potentially allowing him to stay under a Trump administration.