Economy

Key Takeaways: Trump Ends $800 Duty-Free Loophole: An executive order signed by President Trump will end the de minimis exemption for imports under $800, effective August 29. Low-value goods entering the U.S. will now face full customs duties. Shein and Temu...

Key Takeaways: National Economic Council Director Kevin Hassett backed Trump’s decision to fire the BLS Commissioner over major job data revisions, calling them the largest in 50 years. Hassett raised concerns about “partisan patterns” in the timing of revisions, particularly those...

Key Takeaways: New York, California, Colorado, and Alaska are issuing stimulus checks funded by surpluses and resource revenues—not federal borrowing. These payments reflect responsible state budgeting, with no added debt or dependency. The approach underscores limited government in action: respect taxpayers, return...

Key Takeaways: Trump fired BLS Commissioner Erika McEntarfer, accusing her of inflating jobs numbers before the 2024 election to help Kamala Harris. BLS was caught overstating job growth by nearly 1 million—corrections came after the headlines did their damage. Trump says it’s time for...

Why It Matters: The groundbreaking of a new roundhouse at the Railroad Museum of Pennsylvania represents a significant investment in preserving American industrial heritage, showcasing the value of public-private partnerships in fostering economic growth and tourism. This project not...

Key Takeaways: Massive Energy & Investment Wins: The EU will purchase $750B in U.S. energy and invest $600B more into the American economy, fueling jobs and growth. Tariff Rebalance: European imports face a new 15% U.S. tariff, while U.S. goods enter...

Key Takeaways: AI Shake-Up: Mike Rowe says coders aren’t safe—AI is coming for them. Trades Thrive: Demand for welders, plumbers, and electricians is skyrocketing. Urgent Gap: Construction needs 439K new workers in 2025—or costs will explode. Mike Rowe, CEO of the MikeRoweWorks Foundation and host...

Target plans to open 20 new stores in 2025 as part of a strategy to add $15 billion in profitable growth by 2030. The company aims to open 300 stores over the next decade while investing in supply chains, technology,...

Two European energy giants, Italy’s Eni and Germany’s SEFE Energy, sign 20-year deals to buy U.S. LNG from Venture Global. Agreements strengthen Trump’s “America First” energy strategy and reduce Europe’s reliance on other gas suppliers. Deals come as Trump announces 30%...

Senator Dave McCormick and President Trump announced $90 billion in new investments for Pennsylvania. The plan is expected to create tens of thousands of jobs in manufacturing, energy, and technology. Supporters hail it as a major economic victory and a model...