Will trimming the federal workforce make a dent in government bloat?

Will trimming the federal workforce make a dent in government bloat?

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

The probability of a recession is approaching 50%, Deutsche markets survey finds

The probability of a recession is approaching 50%, Deutsche markets survey finds

Recession Fears Grow as Deutsche Bank Survey Shows 50% Probability New York, – The risk of a U.S. recession is climbing, with Deutsche Bank’s latest markets survey revealing that investors now see a 50% chance of an economic downturn in the next year. The findings reflect growing anxiety over persistent inflation, aggressive Federal Reserve rate … Read more

Chicago Fed President Goolsbee sees rate cuts depending on inflation progress

Chicago Fed President Goolsbee sees rate cuts depending on inflation progress

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

The Fed will update its rate projections Wednesday. What to expect

The Fed will update its rate projections Wednesday. What to expect

Washington, D.C. – March 18, 2025 – The Federal Reserve is set to release its updated interest rate projections this Wednesday, a highly anticipated event that could signal the central bank’s next moves in managing inflation, economic growth, and employment. Investors, economists, and policymakers alike are bracing for insights into how the Fed views the … Read more

Retail sales increased 0.2% in February, less than expected; ex-autos up 0.3%, meeting estimate

Retail sales increased 0.2% in February, less than expected; ex-autos up 0.3%, meeting estimate

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

Treasury Secretary Bessent: Trump Administration Steers U.S. Away from Financial Crisis

Treasury Secretary Bessent: Trump Administration Steers U.S. Away from Financial Crisis

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

Big inflation report coming. What to expect

Big inflation report coming. What to expect

An individual browses a grocery retailer following the announcement of tariffs on Canadian and Mexican items by U.S. President Donald Trump, in Toronto, Ontario, Canada March 4, 2025. Arlyn Mcadorey | Reuters With considerations working excessive that President Donald Trump’s tariff insurance policies will irritate inflation, a report Wednesday might ship some mildly encouraging information. … Read more

How Trump’s trade policy is putting pressure on U.S. farmers

How Trump’s trade policy is putting pressure on U.S. farmers

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

Treasury Secretary Bessent says the American dream is not about ‘access to cheap goods’

Treasury Secretary Bessent says the American dream is not about ‘access to cheap goods’

Scott Bessent, US treasury secretary, throughout a Bloomberg Tv interview in New York, US, on Thursday, Feb. 20, 2025. Treasury Secretary Scott Bessent on Thursday provided a full-throated protection of the White Home’s place on tariffs, insisting that commerce coverage must be about extra than simply getting low-priced objects from different international locations. “Entry to … Read more

Layoff announcements soar to the highest since 2020 as DOGE slashes federal staff

Layoff announcements soar to the highest since 2020 as DOGE slashes federal staff

Just lately fired U.S. Company for Worldwide Improvement (USAID) workers carry bins with a message as they go away work and are applauded by former USAID staffers and supporters throughout a sendoff outdoors USAID workplaces in Washington, D.C., U.S., February 21, 2025. Brian Snyder | Reuters President Donald Trump’s efforts to pare down the federal … Read more