Economy

Americans woke up to the news Wednesday that the US Senate did the seemingly impossible in today’s hyper-polarized political environment: Its members unanimously approved a stand-alone bill that eliminates taxes on tips, which was one of President Donald Trump’s signature promises on the 2024 campai...

Members of Congress continue to debate the “One, Big, Beautiful Bill Act” (OBBBA), a budget reconciliation bill backed by President Donald Trump addressing federal spending on entitlement programs, defense, energy, as well as tax policy. ...

For millions of independent voters, short-term pain isn’t just uncomfortable—it’s unsustainable....

Remember when President Donald Trump promised no tax on tips, overtime pay, and social security? Not much has been said about it in recent months. So, is it still happening? The short answer is maybe, but voters may not get the complete story on what impact this will have on the federal deficit and ...

If the American economy is heavily regulated and interfered with by the government, it risks stagnating like that of Europe....

Last week, Americans witnessed President Trump's "art of the deal" in action as his administration imposed sweeping tariffs on global trading partners, only to roll them back after markets cratered and bond yields spiked....

A new bill was introduced on April 4 that would place limits on the president's authority to impose unilateral tariffs without congressional approval. The Trade Review Act of 2025 has amassed bipartisan support, including 7 Republican who have signed on to the legislation....

The Nasdaq Composite has officially entered bear market territory—defined by a drop of 20% or more from its recent high—while the S&P 500 is nearing the same threshold today. Last week U.S. stock markets shed $6.6 trillion in value over a two-day span, triggered by President Trump’s larger-than-expe...

Republican Senator Rand Paul has once again voiced his strong opposition to tariffs imposed by former President Donald Trump and has joined a handful of Republicans willing to vote against them in the Senate....

April 2 marks President Donald Trump’s ‘Liberation Day,’ which could usher in the most aggressive tariffs in modern US history or be completely blown out of proportion. ...

Editor's Note: This piece originally published on The Fulcrum and has been re-published on IVN with permission from the publisher. The size of the United States deficit and the potential dangers to the United States economy is widely debated in Congress. This writing presents our readers with just the facts on the deficit. All data and information were obtained from Copilot, an AI-powered chatbot owned and operated by Microsoft Corporation. What was the total United States deficit in 2024 and...

Coronavirus has reshaped how Californians live, learn and work in uneven ways. The pandemic has exposed the state’s long-standing digital divide with a significant share of low-income and rural households lacking reliable internet access. And even though employers have quickly adapted to remote work, the opportunity to work from home has not spread evenly across the workforce. Many Latino and Black workers who work in essential fields find themselves taking more risks to stay employed, leading t...