Pennsylvania Democrat Senator John Fetterman recently admitted that his party was wrong about President Donald Trump’s trade policy while acknowledging that the tariffs are “going well.”
Read More Fetterman admits Trump’s tariffs are ‘Going well’ despite prior criticism
Despite predictions of a slowdown, U.S. consumers opened their wallets in June, pushing retail sales up 0.6%—a sharp rebound from the previous two months.
Read More Americans Keep Spending as Economy Defies Expectations
June inflation rose 0.3% month-over-month, bringing the annual rate to 2.7%, in line with economists’ expectations.
Read More June inflation matches forecasts, driven by shelter costs
Continuing jobless claims have reached a 30-month high, with nearly 2 million Americans still relying on unemployment benefits.
Read More Continuing Jobless Claims Hit 30-Month High — New Tax Cuts Offer Hope for Working Families
President Donald Trump announced that the United States will begin imposing blanket reciprocal tariffs on imports from numerous countries who have “significant trade deficits” with the United States, unless they choose to produce within the U.S.
Read More Trump warns foreign leaders of ‘reciprocal’ tariffs if no trade deal made by August 1
Democrats have begun expressing outrage over the passing of President Donald Trump’s “Big, Beautiful Bill,” after every single Democrat voted against its passage.
Read More AOC mourns passage of the Big Beautiful Bill: ‘one of the saddest days in modern American history’