By Robert Romano “I just spoke to Chairman Xi Jinping of China. The call was a very good one for both China and the U.S.A. It is my expectation that we will solve many problems together, and starting immediately. We discussed balancing Trade, Fentanyl, TikTok, and many […]

By Robert Romano Consumer inflation has resumed increasing for the second month in a row, rising 0.4 percent in December, or a 2.9 percent annual rate , according to the latest data from the Bureau of Labor Statistics. That is up from its Sept. 2024 annual level of 2.4 percent and came off of increases in energy and food in the latest […]

By Robert Romano The December 2024 employment situation report by the Bureau of Labor Statistics marks the last jobs numbers that outgoing President Joe Biden will receive with an economy that appears to be past or nearly past peak employment, with 1.1 million more Americans saying they’re unemployed since Jan. 2023. That’s usually what happens after peak inflation, which was […]

By Robert Romano Consumer inflation in the U.S. ticked up another 0.3 percent in November at an annual rate of 2.7 percent, according to the latest data compiled by the Bureau of Labor Statistics. For most Americans who have seen inflation outpace their incomes for four years now as […]

By Robert Romano The unemployment rate in the U.S. ticked upwards to 4.2 percent in November, with 161,000 additional Americans saying they are unemployed in the latest household survey by the Bureau of Labor Statistics . Unemployment overall is up from its Dec. 2022 low of about 5.7 million to its current level of 7.14 million, an increase of […]

By Robert Romano President-elect Donald Trump has not even been sworn into office yet but he is already shaping the landscape to come by engaging directly with his soon-to-be counterparts in Mexico and Canada to immediately begin taking steps to secure U.S. borders with each of the […]

By Robert Romano President-elect Donald Trump is wasting no time with implementing his trade, border, immigration policies and war on drug cartels, promising to levy a 25 percent tariff on Mexico and Canada if they don’t secure their borders to prevent illegal aliens from crossing into the […]

By Robert Romano Don’t look now, but inflation over the past twelve months ticked upward from 2.4 percent in September to 2.6 percent in October following the Federal Reserve’s decision to begin cutting interest rates on Sept. 18 to 4.75 percent to 5 percent. Did the Fed start cutting too quickly? Maybe, but the other side […]

By Robert Romano President-elect Donald Trump announced on Nov. 12 the creation of the Department of Government Efficiency (DOGE) , headed by Tesla, SpaceX and X.com owner Elon Musk and Vivek Ramaswamy, which will exist “outside of government” but will serve an important function monitoring and offering recommendations to the President and the White House Office of Management and Budget […]

By Robert Romano “Simple question: Are you better off now than you were four years ago?” That was former President Donald Trump’s pitch to voters in Allentown, Pa. on Oct. 29 , quoting the oft-repeated adage from Ronald Reagan’s successful 1980 presidential bid that ousted then incumbent President Jimmy Carter. At the time, the U.S. was […]