Small business optimism soars in anticipation of Trump 2.0

The anticipation of Donald Trump returning to the White House sparked a surge of optimism on Main Street, according to multiple post-election surveys. The National Federation of Independent Business’ (NFIB) latest Small Business Optimism Index jumped 8 points to 101.7 in November, with the election results indicating a significant shift…

Small business optimism soars in anticipation of Trump 2.0

America’s small business owners are feeling better about the economy than they have in six years, in anticipation of President-elect Trump returning to the White House. The National Federation of Independent Business’ (NFIB) latest Small Business Optimism Index jumped 3.4 points to 105.1 in December, the highest reading since October…

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Former Fed governor Warsh says ‘bad’ Fed policies holding back US economy

Former Federal Reserve Governor Kevin Warsh said the U.S. economy could grow tremendously, but “bad” policies by the Federal Reserve are keeping it from doing so. Warsh told “Kudlow” host Larry Kudlow that he had “some sympathy” for President Donald Trump being frustrated with how Federal Reserve Chair Jerome Powell…

New Council of Economic Advisers report finds tariffs not causing inflation

FIRST ON FOX: A new report from the Council of Economic Advisers (CEA) found that the prices of imported goods have fallen this year and have dipped faster than overall goods prices since February. The CEA, an agency within the Executive Office of the President, said its findings contradict claims…

Trump White House touts rise of American-born workers

The latest workforce data suggests that American workers have been the main beneficiaries in the labor market amid the Trump administration’s crackdown on illegal immigration. The Labor Department’s jobs report for the month of June showed that the number of foreign-born workers declined by 348,000 from May — while the number of…

Energy retirements threaten US power grid stability, DOE report finds

The Trump administration’s Department of Energy (DOE) on Monday released a report that found currently scheduled retirements of energy-generating facilities coupled with delays in bringing new power sources online could lead to a rise in blackouts by the end of this decade. DOE’s report found that with about 104 gigawatts…

US to impose 25% tariffs on Japan, South Korea on Aug. 1

President Donald Trump on Monday announced the U.S. will impose 25% tariffs on goods imported from Japan and South Korea. Trump shared letters addressed to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae Myung in posts on Truth Social.The new levies will take effect on Aug. 1.…

Musk launches America Party, sending Tesla shares sliding amid political move

Billionaire Elon Musk over the weekend announced that he’s launching a new “America Party” to challenge the Republican and Democratic parties – though his latest foray into politics has Tesla shares sliding. Musk on Friday posted a viral poll on X, the social media platform he owns, that asked users if…

Fed officials urge patience on rate decisions amid tariff uncertainty

Atlanta Federal Reserve President Raphael Bostic warned Thursday that he believes tariffs are likely to cause a prolonged stretch of inflation as opposed to a one-time spike in costs. Rather than “a short and simple one-time shift in prices, as standard textbook models would suggest,” Bostic said he expects changes…

Fireworks business booms this July 4th as trade talks could fizzle supply

NASHVILLE, Tenn. – The fireworks industry is expecting to get by this Fourth of July holiday, but trade tensions with China have some worried that sales leading up to America’s 250th birthday in 2026 could be a bust. Pyrotechnicians and firework distributors have held out hope that the fireworks will…

Ray Dalio warns of economic pain after Congress passes Trump spending bill

Congress officially passed President Donald Trump’s “big, beautiful bill,” and billionaire Ray Dalio is warning about the possible economic consequences, which could include spending cuts, major tax increases and massive money printing. “Unless this path is soon rectified to bring the budget deficit from roughly 7% of [gross domestic product]…