Economy
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Trump turns on USMCA: Trade tensions, deficits bring North American trade pact to the brink
President Trump signals he will let the USMCA lapse into annual reviews rather than renew it by July 1, setting up years of renegotiation with Canada and Mexico amid escalating trade tensions.
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Demand for SpaceX initial offering is four times available shares: report
The offering would raise $75 billion. It would be three times more than that raised by the next highest market debut, Saudi Aramco in 2019, which debuted at $29.4 billion.
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As Trump threatens more action against Iran, Dow drops and oil prices rise
As hostilities between the U.S. and Iran resumed on Tuesday and Wednesday, oil prices are again over $90 per barrel.
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Rich States, Poor States: Tax policy largely determines states’ economic competitiveness
Utah has ranked first every year in the American Legislative Exchange Council report on economic competitiveness.
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Producer prices rise far lower than expectations in March
The producer price index, which measures the inflation rate at the wholesale level, increased half what estimates had expected to see.
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Consumer prices rose at annualized rate of 3.3% in March: federal government
The annual rate was the highest since April 2024.
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Stocks increase, oil drops below $100 a barrel amid Iran ceasefire
Brent oil futures were last down 13.7% at $94.29, and U.S crude futures were down 16% at $94.93 a barrel
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Zillow releases list of top 10 markets for first-time homebuyers
According to Zillow, these markets made the list because those locations have seen competitive prices and less competition among buyers.
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US economy added 178K jobs in March, nearly triple Wall Street expectations
Wall Street expectations was 59,000 new jobs.
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Groups ask trade court to pause Trump's new tariffs amid legal fight
A coalition of advocacy groups called the tariffs both unprecedented and potentially unconstitutional.
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Gross national debt in US surpasses $39 trillion; increases by $1 trillion in less than 6 months
"At the current growth rate, we will hit a staggering $40 trillion in national debt before this fall's elections. Borrowing trillion after trillion at this rapid pace with no plan in place is the definition of unsustainable," Peterson explained.
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Forbes: A record 989 billionaires are in the U.S., 88 are in Texas
The analysis counted a record 3,428 billionaires worldwide living in 80 countries and territories. More than half, 51%, live in three countries: the U.S., China and India.
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US economic freedom reverses decline, has biggest annual increase in 25 years: Heritage Foundation
The U.S. economic freedom score increased by 2.6 points from last year to 72.8, ranking 22nd among the more than 176 countries that had completed scores in the index