Will Trimming the Federal Workforce Make a Dent in Government Bloat? In recent years, calls for reducing the size of the federal workforce have gained momentum, with the argument that a leaner government would be more efficient, cost-effective, and responsive to taxpayers. But does trimming the federal workforce truly address the problem of government “bloat,” … Read more
Chicago Fed President Goolsbee Signals Rate Cuts Dependent on Inflation Progress Chicago, IL — March 21, 2025 — Chicago Federal Reserve President Austan Goolsbee suggested this week that interest rate cuts could be on the table in the near future, depending on the trajectory of inflation in the coming months. Goolsbee, known for his cautious … Read more
Shoppers spent at a slower than anticipated tempo in February, although underlying readings indicated that gross sales nonetheless grew at a strong tempo regardless of worries over an financial slowdown and rising inflation. Retail gross sales elevated 0.2% on the month, higher than the downwardly revised decline of 1.2% the prior month however under the … Read more
Washington, D.C. – March 16, 2025Treasury Secretary Scott Bessent delivered an optimistic assessment of the Trump administration’s economic strategy during an appearance on NBC’s Meet the Press today, asserting that decisive policy shifts are preventing an impending financial crisis. Bessent, a seasoned economist and hedge fund veteran, credited the administration’s focus on sustainable fiscal policies … Read more
Soy farmer Caleb Ragland on his farm in Magnolia, Kentucky Courtesy: American Soybean Affiliation Caleb Ragland, a soybean farmer in Magnolia, Ky., voted for President Donald Trump in 2016, 2020 and 2024. Now, nevertheless, he has to navigate a tariff minefield at a time when the sector is already dealing with main headwinds. Ragland works … Read more
For over 125 years, The Goodyear Tire & Rubber Company has been a titan in the tire industry, synonymous with innovation, durability, and American ingenuity. From its humble beginnings in Akron, Ohio, in 1898, Goodyear has grown into one of the world’s leading tire manufacturers, serving consumers, commercial fleets, and even NASCAR racers. Yet, as … Read more
Personal sector job creation slowed to a crawl in February, fueling considerations of an financial slowdown, payrolls processing agency ADP reported Wednesday. Corporations added simply 77,000 new employees for the month, properly off the upwardly revised 186,000 in January and beneath the 148,000 Dow Jones consensus estimate, in accordance with seasonally adjusted figures from ADP. … Read more
A Lufthansa First Class “Allegris” cabin, which was arrange outdoors the present. Heated or cooled seats. Extremely-high-definition TV screens. Benches. Convertible beds. All-aisle entry. And naturally, the coveted privateness door. Ever-more luxurious first- and business-class cabins which have a whole bunch of components and require regulator approval are the newest hold-up as new airplanes arrive … Read more
DeepSeek OpenAI tops seems to be rising rapidly regardless of rising competitors. DeepSeek OpenAI – The San Francisco-based tech firm had 400 million weekly energetic customers as of February, up 33% from 300 million in December, the corporate’s chief working officer, Brad Lightcap, instructed CNBC. These numbers haven’t been beforehand reported. Lightcap pointed to the … Read more
Federal Reserve officers in January agreed they might wish to see inflation come down further sooner than lowering charges of curiosity further, and expressed concern regarding the have an effect on President Donald Trump’s tariffs would have in making that happen, in accordance with meeting minutes launched Wednesday. Policymakers on the Federal Open Market Committee … Read more