By Robert Romano Inflation remains the top issue for voters as President Donald Trump enters his third month in office, according to the latest data in a Fox News poll showing 27 percent saying inflation and prices are definitely still the top issue, a consistent result that was also seen in the 2024 election. That cuts across […]

By Robert Romano Inflation slowed down in February to 0.2 percent monthly, or a 2.8 percent annual increase, according to the latest data by the Bureau of Labor Statistics , defying predictions by President Donald Trump’s political opponents that President’s tariff policies taking effect would immediately cause inflation to speed up. On just March 2, Senate Minority Leader Chuck Schumer (D-N.Y.) boldly predicted , “President Trump’s […]

By Robert Romano Bad news. Unemployment increased in the U.S. by 203,000 in February as 588,000 fewer people reported having jobs, according to the latest data by the U.S. Bureau of Labor Statistics’ (BLS) household survey . That means the economy is slowing down, as has been expected after overheating from high inflation for four years as a result of global production […]

By Robert Romano The Atlanta Federal Reserve on March 3 has again issued its GDP Now projection , finding the U.S. economy could be contracting at an inflation-adjusted, annualized 2.8 percent rate for the first quarter of 2025. That is down further from its Feb. 28 projection of negative 1.5 […]

By Robert Romano Don’t look now, but the Atlanta Federal Reserve’s GPDNow estimate for the first quarter of 2025 shows the U.S. economy potentially contracting 1.5 percent annualized. Coupled with initial jobless claims peaking up to 242,000 the past week, a good question to ask is whether President Donald Trump inherited a recession from the […]

By Robert Romano President Donald Trump in a Feb. 21 proclamation entitled “America First Investment Policy” that seeks to assert American dominance particularly in advanced technology sectors including artificial intelligence (AI), by incentivizing investment in the U.S., restricting it from the People’s Republic China (PRC) and restricting investment by China and […]

By Robert Romano “[P]olitically that would be great for us, you know, it gives everybody a check. But if you think about our core principles, right, fiscal responsibility is what we do as conservatives. That’s our brand. And we have a $36 trillion federal debt, we have […]

By Robert Romano “It’s going to mean tremendous amounts of jobs and ultimately prices will stay the same, go down but we’re going to have a very dynamic country.” That was President Donald Trump in the Oval Office on Feb. 13 taking questions from reporters, outlining his belief that one […]

By Robert Romano Both consumer and producer inflation accelerated as former President Joe Biden left office in January and President Donald Trump was sworn into office on Jan. 20, to annual rates of 3 percent and 3.5 percent, respectively, according to the latest data compiled by the Bureau of Labor […]

By Robert Romano President Donald Trump has paused for 30 days a 25 percent tariff on Mexican goods and another 25 percent tariff on Canadian goods and 10 percent tariff on Canadian energy products after both countries acceded to the President’s demands to contribute to border security, preventing illegal migration and drug trafficking flows. Announcing the dramatic step on Truth Social on Feb. 3 , President Trump wrote that Mexico had agreed to send 10,000 troops to the U.S.-Mexican border to assist with […]