Keyword: trumpeconomy
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🚨 BREAKING: President Trump is set to announce a MAJOR $54 BILLION INVESTMENT in Alaska liquefied natural gas, as part of a $350 BILLION strategic investment deal from South Korea — Reuters THIS IS MASSIVE! 🇺🇸 The billions of dollars will help construct an LNG facility in Alaska, along with additional American projects Trump is going full ECONOMIC WINS mode, just this week announcing a major steel mill in Iowa — home to a crucial Senate race Alaska is also home to a crucial Senate race for the GOP holding the trifecta. Here we go!
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President Donald Trump is set to announce Monday that a $15 billion steel mill billed as the largest ever built in the United States will go up in Iowa. White House officials said the Oval Office event is scheduled for 2 p.m. ET. Mesabi Metallics is expected to name the Iowa site at that briefing. The administration said the plant would be the first U.S. “mega-steel” facility constructed since the 1960s. Production is targeted to begin in 2030. Officials said the mill would turn out about 7.5 million tons of steel a year in its first phase and as much...
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President Donald Trump is unveiling Monday plans for a massive steel plant in Iowa that the White House says will be the largest in American history and promises to bring 1,750 permanent jobs to the state. The roughly $15 billion steel plant is touted as a major new investment and evidence that Trump's economic agenda is bringing heavy manufacturing back to the U.S. with just over a month until the midterms. It will create between 5,000 and 6,000 construction jobs during its first phase. Trump is expected to make the announcement from the Oval Office at 2 p.m. alongside executives...
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The growth rate of real gross domestic product (GDP) is a key indicator of economic activity, but the official estimate is released with a delay. GDPNow forecasting model provides a "nowcast" of the official estimate prior to its release by estimating GDP growth using a methodology similar to the one used by the US Bureau of Economic Analysis.5.1%Third-Quarter GDPNow Estimate for 2026:Q3 Updated: September 17, 2026 Next update: September 25, 2026 *GDPNow is not an official forecast of the Atlanta Fed. Rather, it is best viewed as a running estimate of real GDP growth based on available economic data for...
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Nonfarm payrolls were expected to increase by 53,000 in August while the unemployment rate held at 4.1%, according to the Dow Jones consensus.
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Yikes U.S. Rent Prices vs Income
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The endorsement of Sen. Bernie Sanders, I-Vermont, likely assisted far-left Democratic candidate William Lawrence in his Tuesday night primary win in Michigan’s 7th Congressional District. The progressive will now face Republican incumbent Tom Barrett, R-Charlotte, in November’s general election. The activist community organizer from Lansing’s leftist credentials were burnished by campaign appearances last month with fellow progressives Abdul El-Sayed, who was in a tight race for Michigan’s U.S. Senate seat against Rep. Haley Stevens, and New York Congresswoman Alexandria Ocasio-Cortez. Lawrence, a member of the Working Families Party and the Democratic Socialists of America, defeated Democratic opponents Matt Maasdam, a...
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MIKE ROGERS FOR U.S. SENATE ROGERS ON MICHIGAN DEMOCRAT NOMINEE FOR U.S. SENATE "The choice this November is simple: common sense or complete insanity. For more than 25 years, one party has controlled Michigan's two Senate seats — and they've run our state into the ground. They've driven 200,000 manufacturing jobs out of Michigan. They've dropped our schools to 45th in the nation. They've saddled families with the highest utility rates in the Midwest. Working people are paying more, earning less, and getting left behind. And now the same failed politicians are asking us to send Abdul El-Sayed to Washington....
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Less than a 1% lead? That's all Abdul El-Sayed has after (1) coordinated support from imams, (2) a wave of liberal endorsements, and (3) backing from an Arab Super PAC. NYT ScreenshotFreep. — El-Sayed's lead in the race was less than 1% when multiple outlets called it for him early.
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Alyza Lewin, president of U.S. affairs at the Combat Antisemitism Movement, stated that El-Sayed’s victory “should raise alarm bells for Jewish Americans across the country and everyone who believes in civil rights for all.” Matt Brooks, CEO of the Republican Jewish Coalition, stated on Wednesday that Democrats had nominated El-Sayed. “Abdul El-Sayed is a direct threat to Michigan’s Jewish community,” Brooks said. “El-Sayed has called the government of the Jewish state as ‘evil’ as Hamas, ‘struggled’ to say that Israel has a right to exist as a Jewish state and empathized with a terrorist who tried to murder Jewish schoolchildren...
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The 41-year-old progressive won the state’s hotly contested Democratic Senate primary, the most significant 2026 win for the party’s far left Progressive firebrand Abdul El-Sayed beat four-term Rep. Haley Stevens to win the Democratic U.S. Senate nomination in battleground Michigan, according to the Associated Press.Here are some things to know about El-Sayed:Unabashedly progressiveLike many far-left candidates, El-Sayed supports Medicare for All and free child care and wants to see the U.S. Immigration and Customs Enforcement agency abolished. He calls Israel’s actions in Gaza genocide.While he isn’t a member of the Democratic Socialists of America, El-Sayed has support from many who...
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State Rep. Francesca Hong’s (D) steady rise in the Wisconsin gubernatorial race is teeing up the biggest test yet for democratic socialists and the far left this election cycle. Hong has held a strong lead in the Democratic field ahead of Tuesday’s primary, while establishment Democrats, including Wisconsin Gov. Tony Evers, have rallied around Milwaukee County Executive David Crowley. Evers and others have suggested Hong is unlikely to beat the GOP’s presumptive nominee, Rep. Tom Tiffany, in November and that she could even have a negative effect on Democrats running in competitive downballot races. But Hong argues that voters are...
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The Democratic Socialists of America just won their biggest prize yet, and the man who delivered it insists he has nothing to do with them. Abdul El-Sayed has won the Democratic nomination for Michigan’s open U.S. Senate seat, prevailing over establishment favorite Haley Stevens in the most expensive Democratic Senate primary in American history. Within hours, the entire socialist apparatus of the American left was celebrating. Bernie Sanders’ machine, Alexandria Ocasio-Cortez’s ad money, every single member of the Squad, and the ground troops of the DSA itself all poured themselves into this race. They know exactly what they won on...
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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!
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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...
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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...
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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
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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...
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