Economy News Jobs, Inflation, Wages How The Economy Has Fared Under Trump And Biden

Fact checking Trump's recent claims about the economy

Washington — President Trump frequently touts a U.S. economy that's on the rise under his stewardship: he talks about energy and grocery prices that are falling, lower mortgage rates and claims he's ... Read More

Economists see stronger US growth, but weak job gains and stickier inflation

Surging business investment is expected to offset weaker growth in consumption and global trade and keep the U.S. economy growing near trend, according to a National Association for Business Economics ... Read More

Economic anxiety grows under Trump, creating a new political liability for the GOP

Democrats were swept out of power last year as they suffered political pain from rising costs. Now, President Donald Trump is overseeing stubborn inflation, a slowing job market and anxiety over his ... Read More

Trump's approval dips as Americans worry about economy, Reuters/Ipsos poll finds

WASHINGTON (Reuters) -President Donald Trump's approval ticked slightly lower in recent weeks as Americans worried about the health of the U.S. economy and the Republican's ability to contain rising ... Read More

Inflation threatens to swamp Trump politically

President Donald Trump is facing political pressure over too-high inflation, in what could be a key challenge for Republicans heading into the midterm elections next year. Inflation under former ... Read More

Fed's Powell strikes middle path on inflation, jobs, as others take sides

WASHINGTON, Sept 23 (Reuters) - U.S. Federal Reserve Chair Jerome Powell said on Tuesday the central bank needed to continue balancing the competing risks of high inflation and a weakening job market ... Read More

Strong Spending, Narrowing Trade Gap Drives Trump Economy’s Explosive Growth

“America’s economic resurgence under President Trump continues: revised data show even stronger real GDP growth of 3.8 percent in Q2 2025 thanks to the Trump agenda of tax cuts, deregulation, tariffs, ... Read More

President Donald Trump says the US has ‘no inflation.’ By 2 measures, he’s wrong.

The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ... Read More

Shutdown would halt jobs report, key economic data amid recession fears

The federal government will stop producing key economic data if government funding elapses Wednesday, depriving policymakers and investors of crucial information amid deep concerns about the job ... Read More

Government shutdowns usually don’t hurt the economy. This time could be different

Government shutdowns can be political earthquakes that paralyze Washington, DC. But for the economy, shutdowns are often barely a blip. Whatever economic damage occurs during that time tends to be ... Read More