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According to the Atlanta Fed’s GDP Now REAL time model, Q3 Real GDP is 5%. The subcomponents of GDP growth are as follows: So much for the doom and gloom of Trump’s tariff “war” or Trump’s Iran “war.” 5% Real GDP growth is outstanding! And The Fed keeps on printing money (M2)! Keep on printin’! The Q3 Real GDP report is so good, I feel like yodeling!

The 2026 midterm elections are 100 days away as Republicans and Democrats will battle in Congress and statehouses across the country for control over the future of the country in what is expected to be a contentious and expensive campaign season. Republicans currently hold narrow majorities in both chambers of Congress, controlling the House with a razor-thin 218-212 edge, with one independent and four vacancies, and the Senate with a 53-47 advantage, including two independents who caucus with Democrats. With every House seat and 35 Senate seats on the ballot, Democrats need a net gain of just six House seats...

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A recent article from The Cut received a huge amount of attention: ‘It’s Hard to See My Parents Live So Lavishly While We’re Struggling’. The piece includes vignettes of Millenial hardship:…his dad, Steve, sold his company to a private equity firm about five years ago, which enabled him to retire comfortably in his mid-60s…Two years ago, Joe asked his dad for a loan. He wanted to start a lawn-care business and needed capital for commercial-grade equipment and a trailer, at least $15,000. He presented Steve with his business plan, which included a schedule to pay back the money. Still, Steve...

U.S. home prices surged to an all-time high in June according to a National Association of Realtors (NAR) report released last Thursday. The report found that the median existing home price in June reached $440,660, an increase of 1.8 percent year-over-year and a new high according to the NAR’s chief economist Lawrence Yun. Housing sales declined to 2.4 percent month-over-month in June and 2.8 percent, seasonally adjusted, since June 2025. The NAR’s Housing Affordability Index is up 6.8 points since June 2025 at 102.3, signaling that home prices are more affordable relative to the median family income. Yet the index...

Dow Jones Industrial Average Last Updated: Jun 15, 2026 at 12:00 p.m. EDT 51,907.71 Up 705.45 1.39% Previous Close 51,202.26 Day Range: 51,364 to 51,927

President Donald Trump told the media on Wednesday, “I love the inflation” report that came out earlier in the morning, showing inflation had risen above 4% for the first time in three years. “Are you concerned, Mr. President, about the latest inflation number, which came out this morning? Could that be a–” a reporter asked Trump during an Oval Office Q&A. Trump cut in and answered, “No, I love it. The numbers were great. You know what I really love? I love the inflation.” “You know why? Because as soon as this war is over, you know, I can say...

The U.S. economy added more jobs than expected in May, posting strong payroll gains for the third month in a row, a sign the U.S. labor market is steadily recovering from a weak patch last fall and winter. The U.S. added 172,000 jobs in May, the Labor Department said Friday, beating expectations.

The US economy added 172,000 jobs in May, blowing past expectations, according to the government's closely watched jobs report. The unemployment rate remained flat at 4.3%. Economists surveyed by Bloomberg had anticipated payroll growth of 88,000 for the month. April's jobs report — which itself was a massive beat — was also revised to show an even better 179,000 jobs gained, compared to the 115,000 reported earlier. March's payroll growth was similarly updated to show 214,000, bringing the first monthly gain above 200,000 since early 2024. Payroll gains were seen across several sectors — notably not relying just on the...

Stocks rose Friday as Treasury yields eased, resulting in a winning week for Wall Street despite heightened volatility. The Dow Jones Industrial Average gained 294.04 points, or 0.58%, to end at 50,579.70. The 30-stock index hit an intraday all-time high and posted another record close. The S&P 500 rose 0.37% to settle at 7,473.47. The Nasdaq Composite climbed 0.19%, ending at 26,343.97.

President Donald Trump oversaw record levels of domestic energy production in 2025, including close to a billion barrels of offshore oil, according to the Department of the Interior.Last year saw a record of 714 million barrels of offshore oil produced, according to a press release from the Interior Department. Interior Secretary Doug Burgum underscored that the United States is tapping into its true energy potential.“President Trump has made it clear that America should fully develop its abundant energy resources in a way that strengthens our economy and benefits American families,” Burgum said in a statement.“By providing regulatory certainty, streamlining processes...

President Donald Trump on Tuesday announced America First Refining (AFR) is opening the first new U.S. oil refinery in nearly half a century in Brownsville, Texas. Situated in a massive deep-water foreign trade zone, the project will leverage advanced infrastructure and strategic rail and sea connections to transport low-carbon fuels and other energy products. "America is returning to REAL ENERGY DOMINANCE!" Trump wrote in an announcement on Truth Social. "THIS IS A HISTORIC $300 BILLION DOLLAR DEAL — THE BIGGEST IN U.S. HISTORY, A MASSIVE WIN for American Workers, Energy, and the GREAT People of South Texas!"

The US economy lost 92,000 jobs in February, Labor Department data released Friday showed, sharply missing economists' expectations and stalling the nascent hiring growth that started the year. The unemployment rate edged up to 4.4%, while the share of people who have been without work for 27 weeks or more as a percentage of all unemployed hit 25.3%. Economists surveyed by Bloomberg had anticipated 55,000 new positions after January's surprise print of 130,000 payrolls. Those gains were also revised lower by 4,000 positions, while December's previously reported addition of 48,000 jobs was updated to a loss of 17,000 — a...

The economy added 130,000 jobs in January — far more than economists had anticipated — while the unemployment rate edged down slightly to 4.3%, Labor Department data released Wednesday showed. Still, according to updated 2025 numbers, the job market also added a paltry 181,000 jobs for the entirety of last year, revised down from the earlier-reported growth of 584,000 jobs — the slowest pace of job growth outside recession since 2003. The releases come after private data released last week indicated the labor market remained bruising in January for out-of-work Americans, with little in the way of new jobs. Economists...

Dip-buyers remain a powerful force in U.S. markets. A Friday surge brightened what had been a gloomy week on Wall Street, with bargain hunters flooding back to push the Dow industrials within reach of the 50000-point threshold. The blue-chip average soared about 2%, or 1,025 points, to an intraday record above 49900. Nvidia gained around 7.5%. Caterpillar added 6%. 3M rose 4%. Investments from tech stocks to cryptocurrencies bounced back from losses earlier in the week. The Nasdaq composite was up about 1.7% after dropping 4.5% in the past three sessions, reflecting investor concerns both about artificial-intelligence disruption and potential...

🚨 JUST IN: In a devastating blow to the "experts," US steel production now EXCEEDS JAPAN for the first time in nearly 30 YEARS as a result of President Trump's tariffs US is now third globally to China and India THIS IS HUGE! We love Japan, but USA must be number 1! 🇺🇸🇺🇸

U.S. productivity just surged +4.9%. The strongest reading in nearly six years. At the same time, labor costs fell –1.9%. Higher output with lower costs is the holy grail: growth without inflation. Put simply: • Productivity jumped from ~3.3% to 4.9% • Labor costs flipped from +1% to –1.9% No surprise the Atlanta Fed’s Q4 GDP forecast just climbed to +5.4%.

The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed report released Tuesday showed. U.S. GDP expanded by 4.3% in the July-September period, the Commerce Department said in its initial reading of third-quarter growth. Economists polled by Dow Jones expect a gain of 3.2%. Consumer spending expanded by 3.5% in the third quarter after rising 2.5% in the second quarter.

Americans should expect to be flush with cash next year, with fat tax-refund checks and more take-home pay in their pockets, says a top contender to become President Trump’s next Federal Reserve chair. “We are going to see the biggest refund cycle ever in the history of America, and people are going to get massive refund checks,” boasted National Economic Council Director Kevin Hassett this week in an interview on FOX Business’ “Varney & Co.” “We’re expecting just that part of it alone to be worth a couple-thousand-dollar refund … the numbers are striking.” Hassett’s comments Thursday came a day...

<p>Democrats’ fear-mongering about the Trump economy is looking more and more like sour grapes.</p><p>Yesterday’s CPI report, showing inflation of 2.7 percent — well below the expected 3.1 percent — was bad political news for Democrats. Since “Liberation Day” in April, when President Trump rolled out tariffs aimed at resetting global trade in favor of U.S. companies, the left and their media allies have warned voters that the White House’s actions would clobber our economy and set inflation soaring.</p>