US Economy
-
Economists and Investors Concerned About Potential AI Bubble
AI could be facing a bubble, as analysts suggest that investors should rescind and sell their stocks, simply because AI’s growth is unsustainable. Wall Street has already started to sell off its stocks, essentially tumbling around 10 percent of Micron and SanDisk’s actual value while…
-
Record-Low Consumer Confidence in the Economy Ahead of the Midterms
The midterm elections are approaching, and with that, consumer confidence in the economy is historically low. People are increasingly concerned about their ability to deal with inflation, higher rates, and gas prices.
-
States Move to Make Data Centers Pay Their Own Power Bill
Electricity costs are rising higher than ever before. Electric utilities applied for record rate hikes totaling $18.6 billion in the first six months of 2026 alone. This brings into the question: who is supposed to pay for the poles, wires, and power plants that serve…
-
The Fed Hikes Rates for the First Time in 3 Years
On September 16th, 2026, the Federal Reserve raised interest rates by 0.25%, bringing the target rate to a range of 3.75%-4.00%, marking the first increase since 2023.
-
Opinion: AI Poses a Major Threat to U.S. Ethics and Infrastructure
The US has spent a total of $7.2 billion dollars on AI, making AI one of the most significant commodities the U.S. has invested in. However, deepfakes, academic ethics, and concerns over integrity plague investment.
-
Does Coca-Cola Really Owe the IRS $20 Billion?
In 2025, 40 major American companies saved an estimated $11 billion by shifting profits to tax havens, or countries that offer very low or zero tax rates. However, the IRS’ pursuit of Corporate America’s overseas profits is not over.
-
Rising Bond Yields’ Impact on the American Financial System
In the United States, treasury bonds are bought at a specific face value and expire at a fixed maturity date. With a volatile market, this contractual agreement with the U.S. federal government always stays constant regardless of economic conditions.
-
U.S. Reaches Oil Agreement with Venezuela
On August 28th, the State Department gained a 35% stake in North American Blue Energy Partners (NABEP) and he right to purchase 20% of NABEP’s production and the right of first refusal on the remaining 80%. Trump has called this the “biggest oil deal in…
-
Opinion: The Problems with American Healthcare
The United States spends more on healthcare than any other nation in history, exhausting more than $5.2 trillion in 2024 alone. Yet, healthcare outcomes are repeatedly reported to be lower than in other developed nations.
-
Strong Jobs Report Signals a Resilient US Economy
On Friday, the Bureau of Labor Statistics (BLS) indicated that the United States economy may be strengthening as 172,000 jobs had been added in May 2026, which signals the third straight month of growth.
-
Electricity Costs Continue to Rise for U.S. Consumers, Here’s Why
As electricity costs increase and American households struggle to keep up, policymakers have explored multiple reforms to address global conflicts, local policies, and the structure of energy corporations.
-
Trump Puts His Foot on the Gas Prices
6 in 10 Americans disapprove of Trump’s military action due to issues ranging from spending to gas prices. Having failed to sustain any agreement to open the Strait, Trump has looked domestically to lower gas prices.
-
The Department of Justice Drops Investigation Into Powell as Warsh Confirmation Vote Nears
Trump has relentlessly pressured Federal Reserve (Fed) Chair Jerome Powell to cut interest rates. When Powell resisted, the Department of Justice (DOJ) opened a criminal investigation. With Powell’s term expiring May 15, that impasse ended Friday.
-
Gig Work: Side Hustle Turned Scramble for Survival
The gig economy is only continuing to grow in the United States. As economic downturn pushes more Americans to pick up a “side hustle,” the dangers of the industry are hurting workers.
-
The Bipartisan Axe on Taxes
Right now, tax-related discussions intensify as April 15 approaches, revealing bipartisan tensions over tax reforms. Proposals from both Democrats and Republicans face challenges, with public support for reducing tax burdens evident.
-
The Cost of Hormuz Hits Home
On March 2nd, 2026, Iran closed the Strait of Hormuz. This week, this supply shortage has hit the US markets, causing the price of gas and other oil products to rocket up to above $4 in some areas.
-
From Operation Absolute Resolve to Absolute Uncertainty: The Battle Between Anthropic and the U.S. Military
Just hours after Trump ordered the government to stop using Anthropic, OpenAI announced it struck a deal with the Defense Department to employ its technology for classified networks. The ban sets a precedent for how the government treats AI companies that push back on military demands.
-
Supreme Court Rules Trump’s Tariffs Unconstitutional
In a 6-3 ruling, the court said that the International Emergency Economic Powers Act’s language did not give President Trump the power to impose tariffs.
-
Regime Change at the Reserve: Warsh’s Future and the End of Powell
Donald Trump chose Kevin Warsh to head the U.S. central bank. Warsh now has the chance to put his epsoused ideals of monetary policy “regime change” into practice…
-
Amazon Opens the Door for a $50 Billion Investment into OpenAI
After a record-breaking year of investments into AI, Amazon joined in on the fun. It is in talks to invest $50 billion into OpenAI, potentially intensifying the AI arms race within Big Tech.
-
Trump Signs EO Limiting Large Investors from Buying Single-Family Homes
Donald Trump’s new executive order “Stopping Wall Street From Competing With Main Street Homebuyers” aimed to prevent large companies from buying single-family homes. Yet, some doubt its actual effectiveness…