Economy
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Trump economic adviser Hassett says tariffs to raise $3 trillion in new revenue in next decade
"The bottom line is that President Trump has produced a huge amount of tariff revenue with the tariffs we've seen in the first half of the year," National Economic Council Director Kevin Hassett said
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Treasury announces $27B June surplus from tariff revenue surge
That figure is sure to prove a boon to Trump's fiscal approval and possibly assuage concerns from tariff skeptics about their impact on the broader economy.
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Trump sends tariff letters to another 7 countries
"This Deficit is a major threat to our Economy and, indeed, our National Security!" he insisted in each.
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You Vote: Will Democrats' Inflation Reduction Act reduce inflation?
Experts have expressed doubt about Biden's signature legislation lowering prices.
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Less than a month from midterms, Bloomberg says '100% ' chance U.S. goes into recession in next year
Probability jumps from 65% as economic outlook worsens.
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When will Inflation Reduction Act start reducing inflation? White House stumped for an answer
From Bernie Sanders to Ivy League studies, prominent voices have expressed doubt about Biden's signature legislation bringing down costs.
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Halloween candy will cost 13% more than compared to last year, Labor Department report shows
Sweets of all kinds are more expensive than they were last year, largely because of major increases in the prices of sugar and flour.
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Biden gets blasted for claiming economy is 'strong as hell'
President Biden gets blasted for telling a reporter that the economy is 'strong as hell' while eating ice cream
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Bidenomics: Overwhelming majority of CEOs say that they are preparing for an upcoming recession
Dana Peterson, chief economist of The Conference Board stated that CEO confidence is at its lowest level since the Great Recession.
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Mega-merger: Kroger will buy Albertsons for $24 billion in bid to create 'national footprint'
Company looks to become "premier omnichannel food retailer."
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Mortgage activity continues to drop as rates reach highest levels since 2006
Purchase rate drops sharply year-over-year as Fed interest rates continue climbing.
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Major federal economy tracker shows inflation rose higher than expected in September
Year-over-year prices up nearly 10%.
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Bank of America warns U.S. economy could begin shedding 175k jobs per month next year: Report
Bank says job losses likely to last throughout much of 2023