Tag: US Economy

Donald Trump

Key Fed inflation gauge rises to three-year high in May after gas prices peaked

The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose...

Donald Trump

Condemned to plutocracy? The relentless rise of US inequality

As Barack Obama’s presidency was coming to a close, Jason Furman, then chairman of the president’s council of economic advisers, laid out the strides...

Donald Trump

US small business owners: how are you operating in the current economic climate?

An index of US small business optimism reportedly fell in May to the lowest level since October 2024, which Bloomberg says has erased “almost...

Donald Trump

Me, worry? For US small businesses, Trump’s tariffs are now a non-issue

In two weeks, I’m speaking to a group of companies in the packaging industry about issues affecting their businesses this year. I’m going to...

Donald Trump

Trump says ‘I love the inflation’ as rate rises to 4.2% amid Iran war pressure

Donald Trump said “I love the inflation” after new data showed that inflation jumped to an annual rate of 4.2% in May, the third...

Donald Trump

Inflation won Trump the presidency, but could cost him the midterms

For such an uncannily successful politician, Donald Trump exhibits a perplexing political myopia. His most recent own-goal was endorsing Ken Paxton, a state attorney...

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