economics – Page 2 – One America News Network

People shop for groceries in Monterey Park, California, on February 12, 2025. Major US indices began the day firmly in the red after January US consumer price index data showed inflation grew, raising questions about whether the Federal Reserve's progress on bringing down prices was reversing. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

U.S. Inflation Cools To 2.8% In February, Beating Expectations

U.S. inflation cooled more than expected in February, with price growth remaining well above the Federal Reserve’s goal ahead of the central bank’s policy meeting next week.

LANCASTER, PENNSYLVANIA - OCTOBER 26: SpaceX and Tesla founder Elon Musk speaks during an America PAC town hall on October 26, 2024 in Lancaster, Pennsylvania. (Photo by Samuel Corum/Getty Images)

DOGE Says Children Received $312M In Loans Meant For Small Businesses During COVID Pandemic

The Department of Government (DOGE) revealed that over $300 million in COVID-19 relief loans were granted to children.

WASHINGTON, DC - JANUARY 20: Tesla, SpaceX and X CEO Elon Musk arrives to speak during an inauguration event at Capital One Arena on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States. (Photo by Christopher Furlong/Getty Images)

Musk Expresses Interest In Proposal Returning $5K To U.S. Taxpayers From DOGE Savings: ‘Will Check With The President’

Elon Musk, a senior advisor to President Donald Trump and special government employee (SGE), revealed on Tuesday that he is planning on speaking with Trump in regard to sending out rebate checks for U.S. taxpayers — using the funds recovered so far by the Department of Government Efficiency (DOGE).

NEW YORK, NEW YORK - JUNE 21: Joy Behar attends the "Rock & Roll Man" Off Broadway Opening Night at New World Stages on June 21, 2023 in New York City. (Photo by Arturo Holmes/Getty Images)

Joy Behar Suggests Trump’s Plan To Eliminate Pennies Stems From Jealousy Of Lincoln

“The View” host Joy Behar said on Tuesday’s show that 47th President Donald Trump’s call to dismantle the production of the penny was only because he was “jealous” of America’s 16th President, Abraham Lincoln, whose face appears on the coins.

DES PLAINES, IL - JULY 06: Pennies lay in a pile July 6, 2006 in Des Plaines, Illinois. According to the U.S. Mint says a penny costs more to make than it's worth, 1.2 cents, prompting some to call for its demise. (Photo Illustration by Tim Boyle/Getty Images)

Trump Halts Treasury Penny Production To Cut Waste, As The Process Costs More Than What The Coins Are Worth

President Donald Trump announced on Sunday that the U.S. The Treasury will stop producing pennies as the production costs more to make than it’s worth.

TOPSHOT - US President Donald Trump shakes hands with with Japanese Prime Minister Shigeru Ishiba in the Oval Office of the White House in Washington, DC, on February 7, 2025. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

Japanese Prime Minister Meets Trump to Discuss Trade, Announces U.S. Investment

Japanese Prime Minister Shigeru Ishiba met with President Donald Trump on Friday, as Trump cordially requested that Japan close its $68 billion trade deficit with the United States.