Set to reshape the nation’s economic strategy, President-elect Donald Trump announced on Tuesday the creation of an “External Revenue Service” (ERS) to collect tariffs, duties, and revenue from foreign sources. …
Category:
Money
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Inflation continued its upward trajectory in December, climbing to 2.9% on an annual basis, marking the third consecutive monthly increase. The latest Consumer Price Index (CPI) data, released by the …
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Immigration and Customs Enforcement (ICE) has ended two programs providing social services to illegal immigrants released in the United States, citing excessive costs and a lack of alignment with its …
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America’s fiscal situation has become increasingly worrisome heading into 2025, with the federal debt now exceeding 100% of the nation’s Gross Domestic Product. New data shows that within the past …
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President-elect Donald Trump’s new Department of Government Efficiency (DOGE), to be led by entrepreneur Elon Musk and businessman Vivek Ramaswamy, is taking aim at one of Washington’s biggest spending targets: …
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With Christmas around the corner, many Americans are still struggling to pay off credit card debt from last year. A recent WalletHub study found that nearly half of Americans are …
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California’s ambitious zero-emission regulations are creating turmoil in the trucking and heavy-duty vehicle industry, leading to truck shortages, escalating costs, and business closures, according to industry leaders. The state’s Advanced …
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Small business optimism has surged to its highest level in nearly three years following Donald Trump’s victory in the presidential election and the Republican Party’s control of both chambers of …
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Mortgage rates in the United States have dropped for the second week in a row, reaching their lowest level since October. Freddie Mac reports that the average 30-year fixed-rate mortgage …
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The Biden administration plans to cancel $4.7 billion in loans to Ukraine. This move raises concerns about continued U.S. financial support for the war-torn nation. State Department spokesperson Matthew Miller …