TIPP Poll data on Americans' perception of the economy is the foundation for this section. Topics covered include U.S. consumer confidence, consumer sentiment, job market, economic growth, recession, financial stress, economic outlook, personal financial outlook, federal economic policies. We also cover trade, taxes, and debt. Our TIPP economic optimism index, financial stress index, job sensitivity metrics, and other polling on current economic issues drive the discussions.
Trump administration officials recently floated cutting the capital gains tax on home sales, potentially removing one obstacle that keeps longtime homeowners from selling and younger families from buying.
Under Oakland’s tree ordinance, property owners who remove trees must pay into a city tree fund before they can obtain building permits
The proposed duties could cover products built alongside advanced chips, including laptops, data center servers and gaming hardware
After his first term, Trump complained that he got “absolutely no credit” for turning over control of the Trump Organization to his sons and putting limits on what kind of business they could do—especially with foreign entities
Wealth taxes promise to extract revenue from those least likely to feel the pinch while sidestepping the political toxicity of raising taxes on ordinary earners.
Yet, for several decades, economists have been less concerned with the causes of productivity and more concerned with wealth distribution.
Supposedly the rule will help consumers pocket extra cash due to the tires’ low rolling resistance.
The entire architecture of what Bessent has branded “Operation Economic Outcast” rests on a single assumption — that Iran and its trading partners need the U.S. dollar.
Prime Minister Mark Carney is expected to impose matching tariffs on U.S. goods, potentially targeting steel, dairy, appliances, agricultural equipment, paper and electronics
Despite promising to reduce government spending in all three of his presidential campaigns, President Trump, with the assistance of congressional Republicans and Democrats, has continued to grow the government debt.
“The United States is giving serious consideration to changing the name of Lake Ontario to Lake America in that we don’t expect to [be] doing much business with Ontario any longer,” Trump said on social media Tuesday morning.
The personal consumption expenditures price index increased 0.2% from June and rose 3.7% over the year.
“Wars, the bursting of the dot-com bubble, and tax cuts sent budgets off course in the early 2000s.”
The average rate for a 30-year fixed mortgage with a conforming balance rose to 6.78%, up from 6.77% the previous week
The benchmark 10-year Treasury yield was little changed at 4.647%, while the 30-year yield stood at 5.181%. The 2-year yield was also steady at 4.199%.
