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Economy

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Trump wants to add nearly $7 trillion to the $39 trillion national debt with his new military budget, watchdog warns

Trump’s proposal would be “by far the largest year-over-year increase in defense spending in the post-WWII era,” the CRFB said.

By Nick LichtenbergApril 2, 2026
paul krugman
Paul Krugman smacks down Trump speech with argument that $4 gas is ‘less than half’ of the Hormuz hit. Here’s what he’s talking about
By Jake AngeloApril 2, 2026
picture of the word "solana"
Latest crypto hack sees thieves make off with $280 million from Solana DeFi platform Drift
By Carlos GarciaApril 2, 2026
A woman looks concerned as she fills up at a gas station
The Iran war is effectively ‘a tax’ on U.S. households that could accelerate the economy’s widening K shape, Moody’s says
By Tristan BoveApril 2, 2026
Workers on the production line of solar panels in China
After renewable power’s record-smashing 2025, the Iran war could accelerate the shift as countries seek ‘structurally more resilient’ energy, UN says
By Tristan BoveApril 2, 2026
Traders signal offers in the S&P options trading pit at the Cboe Global Markets exchange on March 31, 2026 in Chicago, Illinois.
Markets rally hard on Iran’s promise to play nice in Hormuz as its leaders pocket billions from the disruption
By Eva RoytburgApril 2, 2026
Latest Stories
Dell’s CFO built a 27-year career without leaving the company. Here’s how he kept moving up
NewslettersDell’s CFO built a 27-year career without leaving the company. Here’s how he kept moving up
By Sheryl EstradaApril 3, 2026
The startup looking to solve health care’s fax machine problem
NewslettersThe startup looking to solve health care’s fax machine problem
By Allie GarfinkleApril 3, 2026
With an IPO on the horizon, OpenAI needs to own the narrative. Solution? Buy a tech talk show
NewslettersWith an IPO on the horizon, OpenAI needs to own the narrative. Solution? Buy a tech talk show
By Alexei OreskovicApril 3, 2026
electrical engineer
NewslettersLeaders push for a ‘Manhattan Project’ and public-private solutions around AI and labor
By Diane BradyApril 3, 2026
Today’s top high-yield savings rates: Up to 5.00% on April 3, 2026
Personal FinanceToday’s top high-yield savings rates: Up to 5.00% on April 3, 2026
By Glen Luke FlanaganApril 3, 2026
Top CD rates today, April 3, 2026: Lock in up to up to 4.20%
Personal FinanceTop CD rates today, April 3, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganApril 3, 2026
Photo of Sundar Pichai
InnovationGoogle CEO Sundar Pichai says we’re just a decade away from a new normal of extraterrestrial data centers
By Sasha RogelbergApril 3, 2026
Businesswoman reading a book on private jet while drinking champagne
SuccessThe world’s wealthiest families adopt these 7 key habits for success, according to JPMorgan
By Preston ForeApril 3, 2026
More EconomyPage 67 of 100
Jensen Huang standing on a stage with a red background
EconomyTech stocks head south as investors see that growth in AI may not be limitless
By Jim EdwardsSeptember 1, 2025
  • President Donald Trump displays the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins Act), US after signing it in the East Room of the White House in Washington, DC, on July 18, 2025.
    InvestingTrump Media’s latest crypto venture borrows a page from the MicroStrategy playbook: hoard a specific cryptocurrency and dress it up as a business
    By Alan Suderman and The Associated PressAugust 26, 2025
U.S. President Donald Trump signs executive orders in the Oval Office at the White House on August 25, 2025 with a bruise on the back of his hand.
EconomyTrump quashes health concerns on Truth Social—‘never felt better in my life’—and tees up next battle with Fed’s Lisa Cook
By Eleanor PringleSeptember 1, 2025
US trading partners ‘dazed and confused’ after tariff court loss
EconomyUS trading partners ‘dazed and confused’ after tariff court loss
By Erik Larson, Laura Curtis and BloombergAugust 31, 2025
The Fed’s independence is hanging by a thread, and this ‘nuclear’ scenario would signal ‘things are truly going off the rails,’ economists say
PoliticsThe Fed’s independence is hanging by a thread, and this ‘nuclear’ scenario would signal ‘things are truly going off the rails,’ economists say
By Christopher Rugaber and The Associated PressAugust 31, 2025
Trump’s trade adviser says tariffs aren’t permanent after appeals court strikes down reciprocal duties
EconomyTrump’s trade adviser says tariffs aren’t permanent after appeals court strikes down reciprocal duties
By Jason MaAugust 31, 2025
The housing market is no longer a wealth-building engine as home prices continue to slump
Real EstateThe housing market is no longer a wealth-building engine as home prices continue to slump
By Jason MaAugust 30, 2025
  • Donald Trump
    EconomyThe markets’ reaction to Trump hides a darker truth that puts the American economy at risk, Piper Sandler warns
    By Nick LichtenbergAugust 26, 2025
Rural America is suffering an economic crisis as crop prices plunge — ‘U.S. soybean farmers cannot survive a prolonged trade dispute’
EconomyRural America is suffering an economic crisis as crop prices plunge — ‘U.S. soybean farmers cannot survive a prolonged trade dispute’
By Jason MaAugust 30, 2025
What would the Fed do in a tie vote? It’s not clear, and the Bank of England had to break a deadlock this month
EconomyWhat would the Fed do in a tie vote? It’s not clear, and the Bank of England had to break a deadlock this month
By Jason MaAugust 30, 2025
Donald Trump
EconomyTrump suddenly at risk of losing a ‘pillar’ of his trade strategy and having to refund a big chunk of $159 billion from tariff revenues
By Paul Wiseman, Lindsay Whitehurst and The Associated PressAugust 30, 2025
US President Donald Trump speaks to the press in the Oval Office of the White House in Washington, DC on August 25, 2025.
Economy‘A different shock to the system’: De minimis tariff dodge ending means less purchasing power for Americans 
By Nino PaoliAugust 30, 2025
Trump’s reciprocal tariffs are struck down by federal appeals court, putting trade deals and huge revenue windfall at risk
EconomyTrump’s reciprocal tariffs are struck down by federal appeals court, putting trade deals and huge revenue windfall at risk
By Jason MaAugust 29, 2025
  • Lisa Cook, member of the Board of Governors of the US Federal Reserve, attends a Federal Reserve Board meeting and sits with pursed lips in a black suit.
    EconomyInvestors are salivating over rate cuts as Trump’s attempt to fire Lisa Cook opens the door for a GOP Fed majority: ‘This is very positive’
    By Eva RoytburgAugust 26, 2025
Shigeru Ishiba, Japan's prime minister, right, faces towards the camera and Narendra Modi, India's prime minister, shake hands on a stage surrounded by flowers.
GlobalAging Japan is tripling its investments to $6.8 billion a year in a bid to get India’s younger workers
By Mari Yamaguchi and The Associated PressAugust 29, 2025
Atlanta Journal-Constitution
EconomyAtlanta becomes largest U.S. metro without a printed daily newspaper as Journal-Constitution goes digital
By Jeff Amy and The Associated PressAugust 29, 2025
Jerome Powell, Lisa Cook
EconomyLisa Cook takes out restraining order against Trump as fired Fed official fights to keep her job
By Christopher Rugaber, Paul Wiseman, Nick Lichtenberg and The Associated PressAugust 29, 2025
Mother and daughter browse school supplies in a store aisle.
EconomyPCE data paints a solid picture, but hidden cracks show tariffs quietly squeezing U.S. consumers—and weak job growth could put them over the edge
By Eva RoytburgAugust 29, 2025
Etsy, eBay, and Shein reel as ‘de minimis’ tariff exemption ends, adding hefty charges of up to 50%
EconomyEtsy, eBay, and Shein reel as ‘de minimis’ tariff exemption ends, adding hefty charges of up to 50%
By Ashley LutzAugust 29, 2025
Jerome Powell
EconomyThe Fed’s favorite inflation gauge just came in mostly cool, but hot under the surface again
By Christopher Rugaber and The Associated PressAugust 29, 2025
Lisa DeNell Cook, nominee to be a member of the Board of Governors of the Federal Reserve System, is sworn in during a Senate Banking nominations hearing on June 21, 2023 in Washington, DC.
EconomyThe first battle in the war on Fed independence takes shape today at Lisa Cook’s emergency hearing
By Eleanor PringleAugust 29, 2025
Photo: US President Donald Trump speaks at "The People's House," a White House immersive experience across the street from the Eisenhower Executive Office Building, during a tour on August 22, 2025, in Washington, DC. US President Donald Trump on Friday said he would fire Federal Reserve governor Lisa Cook if she did not resign, after he excoriated her over claims of mortgage fraud. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)
EconomyTrump’s war on the Fed created a ‘twist steepener’ in the bond market, and it’s hurting the dollar
By Jim EdwardsAugust 29, 2025
President Donald Trump holds up a sheet of paper with his signature on it.
EconomyTrump’s EV tax credit cuts are fueling a U.S. battery surplus that could lead to factory cancellations, ‘a poison pill for U.S. manufacturing hopes’
By Sasha RogelbergAugust 29, 2025
Jensen Huang, co-founder and chief executive officer of Nvidia Corp, receives a media group interview before attending the welcome dinner of the third China International Supply Chain Expo (CISCE) on July 15, 2025 in Beijing, China.
Big TechNvidia’s China-based rival posts 4,300% revenue jump as chipmaker’s earnings reported no H20 chip sales to the country
By Nino PaoliAugust 28, 2025
Lamborghini CEO warns tariffs have even forced its wealthiest consumers—who have an average of 5 cars in their garage—to waver on buying a new ride
PoliticsLamborghini CEO warns tariffs have even forced its wealthiest consumers—who have an average of 5 cars in their garage—to waver on buying a new ride
By Marco Quiroz-GutierrezAugust 28, 2025
Two women walk under a Dollar General sign.
RetailDollar General builds a rural delivery edge over Walmart and Amazon—and it’s taking their higher-income shoppers, too
By Eva RoytburgAugust 28, 2025
A woman with red hair raises her hand to her mouth in shock at her grocery bill at the store.
Economy‘It’s like when you see the tsunami coming in’: Agricultural economists are sounding the alarm about produce prices doubling
By Eva RoytburgAugust 28, 2025
U.S. President Donald Trump, left, and Xi Jinping, China's president, shake hands during a news conference at the Great Hall of the People in Beijing, China, on Thursday, Nov. 9, 2017.
EconomyInvestors are looking at bargains in China, says HSBC investment boss, pushed by AI discounts and fears over Trump 2.0
By Eleanor PringleAugust 28, 2025
Donald Trump
EconomyThis ‘economic sugar high’ won’t last, CRFB warns, touting analysis predicting long-term stagnation and $600 billion in annual borrowing through 2028
By Nick LichtenbergAugust 27, 2025
Watching TV
EconomyStreaming has Americans more glued to their screens than ever, but it could all come crashing down in the case of a ‘content recession,’ BofA says
By Nick LichtenbergAugust 27, 2025
India
EconomyFormer Indian trade official sees 50% Trump tariff as ‘strategic shock that threatens to wipe out India’s long-established presence in the U.S.’
By Rajesh Roy and The Associated PressAugust 27, 2025
Investors are ignoring the coming wave of tariff-driven inflation, Deutsche Bank warns
EconomyInvestors are ignoring the coming wave of tariff-driven inflation, Deutsche Bank warns
By Jim EdwardsAugust 27, 2025
Empty boxes are stacked for reuse at A Sight For Sport Eyes, a brick-and-mortar and e-commerce store for sport goggles, Aug. 20, 2025, in West Linn, Ore.
Retail‘Consumers are going to be shocked’: An expiring tariff exemption for goods under $800 is about to throttle the world of e-commerce
By Mae Anderson and The Associated PressAugust 26, 2025
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