China’s trade surplus with all nations reached a new record of nearly $1 trillion in 2024, according to multiple reports. According to multiple reports, China’s trade surplus grew to $104.84 billion in December and nearly $1 trillion for the year, at $992.2 billion. President-elect Donald…
Read More China’s Trade Surplus Soars To Record Of Nearly $1 Trillion Ahead Of Trump Return
President Joe Biden is ending his term with a record number of government workers on taxpayer-funded payrolls, new jobs data reveals. The number of state, federal and local government employees has risen to new highs during Biden’s presidency, totaling about 23.5 million as of December, according to Federal Reserve…
Read More Biden Gives America One Last Economic Gift: More Gov’t Bureaucrats Than Ever Before
Several economic indicators reveal that the U.S. labor market is showing signs of weakness under President Joe Biden’s administration, despite trillions in federal spending on economic policies and significant business regulations. Americans looking for new job opportunities have often been faced with various hurdles such…
Read More Data Barrage Shows Just How Hard It Is For Americans To Find Jobs Under Biden
American workers may not be faring as well under current labor market conditions as the Biden-Harris administration often claims. The White House has repeatedly assured Americans that the U.S. economy has remained strong throughout President Joe Biden’s term. Despite the administration’s claims, strikingly lower-than-anticipated job creation, inflation that…
Read More Biden’s Economy Wasn’t So Great For American Workers After All
President-elect Donald Trump’s promise to “drill, baby, drill” in his upcoming administration appears to have American energy firms eagerly awaiting his return, according to a new survey. On numerous occasions, Trump vowed to unleash American oil and made achieving “energy dominance” a key aspect of…
Read More American Energy Firms Are Counting Down The Days Until Trump’s Return
California state regulators and some truck manufacturers have faced mounting pushback from truck drivers and red states related to its massive push toward statewide electric vehicle (EV) adoption. After Democratic California Gov. Gavin Newsom signed an executive order in September 2020 to phase out the sale of all new…
Read More Next EV Battle Pits Truckers And Red States Against California-Led ‘Cartel’
The Biden-Harris administration’s Department of Energy (DOE) announced Tuesday it had offered a conditional loan of up to $15 billion to Pacific Gas & Electric Company (PG&E), a California utility company, according to a press release. The proposed financing from the DOE Loan Programs Office…
Read More Biden Admin Cuts $15B Lame Duck Loan For Bankrupt California Utility
MSNBC host Stephanie Ruhle claimed in a video posted to social media Monday night that it was easier to request an interview from President-elect Donald Trump than from President Joe Biden or Vice President Kamala Harris. Ruhle said she called Trump directly after his Oct.…
Read More MSNBC Host Says She Called Trump Directly, But ’50 People’ Were Between Her And Harris, Biden
Despite President Joe Biden recently lauding his economic record, many Americans have faced intense financial pressures during his presidential term. Biden touted his economic legacy in a Tuesday speech at the Brookings Institution, claiming that America had “entered a new phase of our economic resurgence.” The president…
Read More Joe Biden’s Rosy Spin On His Economic Legacy Defies Reality
Dollar stores are reporting softened demand and increased financial stress among their lower-income consumers, according to The Wall Street Journal. Some businesses say their customers are spending less money toward the end of the month and more focused on purchasing from cheap store brands, according to the…
Read More Businesses Report Inflation Is Taking Wrench To Their Cash-Strapped Consumers