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Donald Trump made a campaign promise to "immediately bring prices down" on his first day in office. Instead, egg prices have spiked. During her first White House briefing, press secretary Karoline Leavitt blamed former President Joe Biden for hurting the egg supply and driving up costs. Egg prices are expected to continue rising due to a bird flu outbreak, which Biden's Department of Agriculture tried controlling early on by euthanizing infected chickens. Egg prices have risen in the short time since President Donald Trump took office — despite his campaign promise to "immediately bring prices down, starting on day one"...

The number of job openings in the United States has been “falling off a cliff”, and that is a major red flag. The last four years have been an economic nightmare for most Americans, and that is one of the primary reasons why Donald Trump won the election. But as we approach 2025, things are starting to get frighteningly bad. When the number of job openings in the U.S. drops by 2 million or more, that normally signals that we are either in a recession or that one is about to happen. Well, as you can see from this chart...

John Solomon @jsolomonReports Trump warns bringing grocery prices down will be 'difficult' but expresses optimism about doing so

Democrats have no equals when it comes to taking undeserved credit and evading well-deserved blame. Consider a recent Time article titled "Don’t Give Trump Credit for the success of the Biden Economy." Of course, no one, including President-elect Trump, wants credit for Biden’s dumpster fire economy. That debacle just cost the Democrats an election. So, what is Time’s piece all about? Well, it is part of an effort to position Democrats to take credit for what even they see as Trump’s coming economic turnaround. It’s not the first time Democrats have tried to take credit for Trump’s economic success. Recall...

President-elect Donald Trump has said he intends to cut government spending by reasserting the presidential power of impoundment, a move certain to spark a court battle and one that could redefine presidential power for decades to come. Impoundment occurs when the president chooses not to disburse funds authorized by Congress; instead leaving them unspent in the U.S. Treasury.This power is not mentioned in the Constitution but has been employed by presidents since Thomas Jefferson. Congress enacted limits on the practice 50 years ago.Now, Trump intends to challenge the Impoundment Control Act of 1974 (ICA), which he believes is unconstitutional.“I will...

If the aftermath of Donald Trump’s victory on Election Day feels joyous and tranquil, you are not alone. American households and businesses are much more serene and hopeful this time around. Polling released by Pew Research on Friday shows that 70 percent of Americans are very or somewhat confident that the transition to the Trump administration will go smoothly. Similarly, a majority of Americans say they have a positive evaluation of Trump’s post-election conduct. A 53 percent majority of Americans say they approve of the president-elect’s plans for the country. When asked if they approve of Trump’s conduct post-election, 53...

Former President Bill Clinton made a remark that may well have handed the election to Donald Trump after he admiited the economy was better while he was in the White House. Clinton’s pro-Trump slip elicited groans from the crowd in Muskegon Heights. The former president quickly clarified, urging attendees to support Harris despite his comments on the economy. “I don’t think it’s right to say that people have to vote for Donald Trump because the economy was better than,” Clinton stated, adding that he believes Harris would be the better choice in the upcoming election. Watch

Data revealed by The Wall Street Journal shows the true extent of havoc Bidenomics has wrecked on the U.S. economy. Even as the Dow Jones Industrial Average surpassed 40,000 points, the economy under Joe Biden‘s tenure in the White House has struggled to grow beyond a sluggish rate. Despite the seeming market success that has recently occurred under the Biden government, the numbers belie just how successful investors were under former President Donald J. Trump.

While $100 may seem like it holds the same value across the U.S., that’s far from the reality. The purchasing power of a dollar can vary significantly from state to state, influenced by factors such as the cost of food, utilities, taxes, housing, and transportation.This map, via Visual Capitalist's Bruno Venditti, illustrates the purchasing power of $100 by state, using data from GOBankingRates compiled as of February 19, 2024.MethodologyGOBankingRates compiled data from the 2022 Regional Price Parities reoporting by the U.S. Bureau of Economic Affairs. It then used factors such as median household income, sourced from the 2022 American Community...

Donald Trump is outlining his economic platform during a speech in New York City on Thursday. The former president's policies will include billionaire Elon Musk's recommendation to create a government efficiency commission to conduct 'a complete financial and performance audit of the entire federal government.' The remarks are meant to more specifically detail Trump's plans for the future of the economy as the issue is often cited by voters as their No. 1 issue this election cycle. And Trump holds an advantage over Vice President Kamala Harris among voters who think he would better handle the economy and inflation crisis....

Vice President Kamala Harris has a problem: Large majorities of Americans believe the economy is on the wrong track, and more say the Biden-Harris administration’s policies have hurt their personal finances rather than helped, and that their personal economic situation is getting worse rather than better. That’s clearly a major headwind for Harris’s presidential hopes. Until now, her and President Joe Biden’s response to these concerns has been to tell people: Don’t believe your lying eyes (or pocketbooks), the economy is doing a lot better than you think. As the Trump campaign pointed out in a new ad, until recently...

Former President Donald Trump on Saturday repeatedly swerved from a message focused on the economy into non-sequiturs and personal attacks, including declaring several times that he was better looking than Vice President Kamala Harris. Trump wound back and forth between hitting his points on economic policy and delivering a smattering of insults and impressions of President Biden and French President Emmanuel Macron as he held a rally in northeastern Pennsylvania. The former president has seemed to struggle to adjust to his new opponent after Democrats replaced their nominee. Over the past week, he has diverged during campaign appearances away from...

President Donald J. Trump, 45th President of the United States of America, will deliver remarks on the economic hardships created by the Harris-Biden Administration in Asheville, North Carolina, on Wednesday, August 14, 2024, at 4:00 p.m. ET.Tune into RSBN for all-day LIVE coverage starting at 11:00 a.m. ET. Please note the start time is subject to change.

Former President Trump shares how his administration plans to bring down energy and electricity prices if he wins in November.

The US economy may have just entered a recession. According to data from the Bureau of Labor Statistics released Friday, the unemployment rate rose to 4.3% in July, up from 4.1% in June and from recent lows of 3.4% in April 2023. The increase officially triggered the Sahm Rule — a recession indicator developed by former Fed economist Claudia Sahm — which says that the US economy is in a downturn when the three-month moving average of the unemployment rate rises by 0.5% from its 12-month low. The gauge has a perfect track record through at least the last nine...

NASHVILLE, Tenn. (AP) — Former President Donald Trump on Saturday laid out his plans to wholeheartedly embrace cryptocurrency if elected for a second term, telling hundreds of cheering supporters of the digital tokens that he wants the U.S. to be a “bitcoin superpower” under his leadership. In his keynote address at a bitcoin conference in Nashville, Tennessee, the Republican presidential nominee promised to make the United States the “crypto capital of the planet” and create a bitcoin “strategic reserve” using the currency that the government currently holds. He also promised to remove Securities and Exchange Commission Chair Gary Gensler if...

As Americans head to the polls this fall, their decision regarding who will lead our country will also determine the fate of crypto here in the United States, and our security, prosperity, and freedom are at stake.This week, I will join President Trump and thousands of crypto market participants in Nashville for Bitcoin 2024, the world's largest Bitcoin conference. This year, the conference is held in my home state at a time that is clearly the tipping point for the future of crypto technology in the U.S. This fall, the future of crypto in America is on the ballot as...

President Joe Biden has dropped out of this year's presidential election race, the White House said Sunday, and endorsed Vice President Kamala Harris to represent the Democratic party against Republican frontrunner Donald Trump. "It has been the greatest honor of my life to serve as your President," Biden said in a message from his verified account on the X social media platform. "And while it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as...

Politics typically comes with plenty of spin. Even something seemingly unyielding or absolute like a number can get squished and twisted like putty. As such, flashy economic data points extolled by candidates always come with plenty of asterisks, caveats and “yes, buts.” In this election cycle, those qualifiers have multiplied in part due to quirks in the numbers themselves: A once-in-a-lifetime pandemic and a once-in-a-generation inflation event sent shockwaves through the economy, distorting data and presidential economic records in the process. “Interpreting economic data is like interpreting a Monet painting in the best of times,” Mark Zandi, chief economist at...

This headline article from the New York Post caught our attention because it has the familiar ring of “51 former intelligence heads” in the 2020 election. Previously, the stacking of experts to create disinformation was used to hide the truth within the Hunter Biden laptop, which was evidence of Joe Biden’s pay-to-play schemes. Now, the “experts” are stacked to claim Joe Biden’s economic policy is better than Donald Trump’s. I will ignore the article’s Freudian optic of the economist speaking at the globalist WEF event, and instead focus on the facts. We have an actual track record of President Trump’s...