A new study highlights how much states rely on federal aid compared to what they contribute in taxes. The study evaluates three key metrics: return on federal taxes, federal funding as a share of state revenue, and the percentage of federal jobs in e
The Bureau of Labor and Statistics reported that the consumer price index (CPI) for both all-items and core increased 0.2% in February, slightly below expectations.
Tesla, SpaceX founder and CEO and Department of Government Efficiency advisor Elon Musk on the alleged X cyberattack, spending 'fraud' targeted by DOGE and how the newly-minted office operates in a wide-ranging exclusive interview on 'Kudlow.' #FOXBu
The US and China came closer to a full-fledged trade war last week when China imposed tariffs of up to 15 percent on key US agricultural exports. This was retaliation for President Trump's increasing of tariffs on Chinese exports to the United Stat
President Donald Trump has directed his administration to establish a Bitcoin Strategic Reserve to hold the assets that have been seized by the government, and he's additionally called for a crypto stockpile of other types of assets.
One month ago, when we first realized just how much fat Elon Musk's DOGE was slashing from the government money-laundering apparatus, we made a controversial (at the time) observation:
"Gold never settles," warns Jim Rickards, exposing how paper gold manipulation, central bank hoarding, and hidden leasing schemes could trigger a financial reckoning.
Many astute commentators about the banking industry have been warning about future losses on commercial mortgages as hundreds of billions reprice in the current high-rate environment.
The US government is currently stopping over 1,000,000 defaulted mortgages from going to foreclosure under the FHA mortgage program. The result is another Subprime Housing Bubble, one that could cause huge declines in home prices around the US if it'
As Trump's crypto and sovereign wealth reserves gain momentum, free-marketers should recall that such measures, while perhaps a temporary improvement, are not the key to a healthy economy.
The U.S. economy was steamrolling in the wrong direction for four years under Joe Biden, and now we have an extraordinary mess on our hands. Nobody can deny that our economic numbers are absolutely horrible right now.
The White House has just announced that President Trump will deliver remarks from The Oval Office at 11ET, providing no context or theme for what he will discuss.
The US trade deficit widened to a record in January as companies scrambled to secure goods from overseas before President Donald Trump imposed tariffs on America's largest trading partners.
Right now, we're standing on the precipice. But, for the first time, it looks like someone in government actually sees what's coming--and is trying to pull off a maneuver to avoid disaster.
Will it work? We don't know. But we're convinced
Five states' crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results.
In Sunday's podcast, Peter covers the Trump administration's latest crypto scheme, devoting much of the episode to his announcement of a US strategic crypto reserve.
The Department of Government Efficiency (DOGE), led by entrepreneur Elon Musk, has reported $65 billion in spending reductions during the first six weeks of the Trump administration.
Californians are falling behind on their bills amid the highest per capita debt levels since 2008, according to debt statistics by the Federal Reserve Bank of New York in its most recent Quarterly Report on Household Debt and Credit.