Trump sees a hot economy as midterm elections approach
President Donald Trump said at a recent Cabinet meeting that the economy could hit growth “numbers that have never been hit before.”
President Donald Trump said at a recent Cabinet meeting that the economy could hit growth “numbers that have never been hit before.”
Getting the average American to work one year longer by starting earlier or retiring later would generate about $3 trillion for the economy, said the administrator of the Centers for Medicare and Medicaid Services.
This shift coincides with a broad reassessment of what the best career paths are in today’s labor market, which economists have called one of the most vexing in generations—especially for entry-level applicants.
U.S. House Speaker Mike Johnson, R-Louisiana, said Sunday that he is “confident” he will have enough support from Republicans in the House conference to end the partial government shutdown.
While tech companies continue to invest billions of dollars into AI, they’re slashing jobs while touting AI-forward strategies and leaner organizations.
The grocer said this month it will open 180 locations across 31 states this year, including in new markets in the Southeast and West. It’s goal is to have 3,200 stores by the end of 2028.
The divestiture from TikTok’s Beijing-based former parent company, ByteDance, means that the wildly popular app will continue to operate in the United States.
A federal grand jury subpoena shows the agency is seeking records and information relating to Irsay’s death, his “substance (illegal and prescription) use,” and his “relationship with Dr. Harry Haroutunian,” a prominent addiction specialist based in California.
The longest shutdown in U.S. history ended in November when lawmakers funded the government through the end of January, and members in both parties seemed wary of another one now.
The administration released no legislative text nor timeline for related congressional action and did not indicate whether Republican leaders support the proposal.
The average price faced by ordinary home and apartment dwellers in the U.S. rose by 10% between 2022 and 2024. Commercial users, spanning from small corner stores to data centers, have seen rates increase just 3%.
Tight labor markets have tended to pull more entry-level applicants into the workforce, which, in turn, lowers the average age of people being hired, experts say, but that doesn’t seem to be happening now.
Trump is attempting to ease voters’ concern over the AI build-out as the politics of data centers is rapidly shifting against Silicon Valley and lawmakers who support its push to quickly build hulking structures nationwide.
The change is part of the Trump EPA’s broader goal of slashing regulations, saying they are hindering economic growth.
The housing market recently crossed a noteworthy line: There are now more Americans with mortgage rates higher than 6% than below 3%.
People who stop taking GLP-1 drugs such as Ozempic, Wegovy and Zepbound for weight loss are projected to regain their shed pounds within about 1-½ years, a review of existing research has found.
Many economists from the right and the left alike say larger investors do not have as expansive a grip on the housing market as politicians might suggest.
This week, 2.5 million square feet of prime hospitality space is packed with visions of the future. That’s business as usual at CES, the massive tech confab once known as the Consumer Electronics Show.
Lawmakers are back in Washington, D.C., this week for a four-week sprint to finish funding the government before the current spending law runs out on Jan. 30.