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Economy

Latest NY Times/Siena Trump Poll Reveals Shift As Midterms Near Latest NY Times/Siena Trump Poll Reveals Shift As Midterms Near
Latest NY Times/Siena Trump Poll Reveals Shift As Midterms Near President Donald Trump’s latest poll numbers are in, and they bring a fresh warning sign for his second term. A New York Times/Siena national survey of registered voters released Monday, May 18, found Trump’s approval rating has fallen to 37 percent, according to the Siena Research Institute. The poll also found that 59 percent of voters disapprove of Trump’s job performance. The result marks a second-term low for Trump in New York Times/Siena polling, according to The New York Times. Voters gave Trump poor marks across several major issues. The Siena Research Institute said majorities di…
President Trump Returning To PA For Poconos Rally Tuesday: What To Know President Trump Returning To PA For Poconos Rally Tuesday: What To Know
President Trump Returning To PA For Poconos Rally Tuesday: What To Know President Donald Trump is set to return to Pennsylvania for an evening rally focused on inflation and the economy at Mount Airy Resort in Mount Pocono on Tuesday, Dec. 9, organizers announced. The event will begin at 6 p.m. at the Mount Airy Casino Resort in Paradise Township, Monroe County, where Trump is expected to outline how he plans to continue lowering prices, according to the announcement. It was not immediately clear how many attendees will be permitted at the rally. The Pennsylvania State Police said it will assist the United States Secret Service with security at the event. Driv…
Job Market Entering 'Almost Quiet Time,' Top Trump Aide Warns: Here's Why Job Market Entering 'Almost Quiet Time,' Top Trump Aide Warns: Here's Why
Job Market Entering 'Almost Quiet Time,' Top Trump Aide Warns: Here's Why A top adviser to President Donald Trump said that the US labor market may be approaching an "almost quiet time" amid a large wave of layoffs from corporations and weaker job numbers. National Economic Council director Kevin Hassett made the comments on CNBC's "Squawk Box" on Monday, Nov. 17. The Greenfield, Massachusetts, native and Swarthmore College graduate blamed artificial intelligence for the recent hiring slowdown. Hassett said AI is also causing some companies to hire fewer younger and entry-level workers. "I think there could be a little bit of an almost quiet time in the labor ma…
Trump’s Disapproval Rating Grows, But Democrats Are Seen As ‘Out Of Touch’: New Poll Trump’s Disapproval Rating Grows, But Democrats Are Seen As ‘Out Of Touch’: New Poll
Trump’s Disapproval Rating Grows, But Democrats Are Seen As ‘Out Of Touch’: New Poll President Donald Trump’s disapproval rating is rising. But Democrats face their own trust gap, and control of Congress still looks like a dead heat. A Washington Post-ABC News-Ipsos poll conducted Friday, Oct. 24 through Tuesday, Oct. 28 finds 41 percent approve of President Donald Trump’s job performance, while 59 percent disapprove — the highest disapproval in this series since January 2021. The national online survey included 2,725 adults and has a margin of sampling error of plus or minus 1.9 percentage points The broad dissatisfaction with Trump has not yielded a clear Democratic edge…
Groceries Harder To Afford For Nearly Half Of Americans Than In 2024: Poll Groceries Harder To Afford For Nearly Half Of Americans Than In 2024: Poll
Groceries Harder To Afford For Nearly Half Of Americans Than In 2024: Poll Nearly half of Americans say groceries are harder to afford than a year ago, according to a new survey. The Harris/Axios Vibes poll found that 47% of Americans believe groceries are more difficult to afford than they were in September 2024. The findings were released on Thursday, Oct. 2. More than half (54%) of independents and 50% of Democrats said grocery costs are harder to bear, while about a third (34%) of Republicans agreed with them. Just 19% of all people surveyed said prices are easier to manage, while about one in three say costs feel the same. John Gerzema, CEO of…
Hamburger Helper Sales Surge As Economy Strains Budgets: Report Hamburger Helper Sales Surge As Economy Strains Budgets: Report
Hamburger Helper Sales Surge As Economy Strains Budgets: Report With grocery costs rising and beef at record prices, more families are turning to Hamburger Helper to stretch a pound of meat into a full meal, according to a report. Hamburger Helper sales have climbed 14.5% in 2025 through August, The New York Times reported. Eagle Foods purchased the pasta mix brand from General Mills in 2022. The boxed food's resurgence comes amid stubborn inflation, higher costs from President Donald Trump's tariffs, and a weakening labor market. "Cost-of-living expenses are up," said Sally Lyons Wyatt, a packaged food adviser for research firm Cir…
McDonald’s CEO Flags Consumer Strain, Brings Back Value Deals McDonald’s CEO Flags Consumer Strain, Brings Back Value Deals
McDonald’s CEO Flags Consumer Strain, Brings Back Value Deals America’s diners are splitting into haves and have-nots, and McDonald’s is feeling it, CEO Chris Kempczinski says. In an interview with CNBC’s Squawk Box earlier this month, Kempczinski described a “two-tier economy” in which higher-income consumers remain confident while lower- and middle-income Americans are under mounting pressure when they eat out.  He said recent sales analysis shows the divide growing, with value-focused guests pulling back or trading down. To meet the moment, McDonald’s is leaning harder into deals. The chain is rolling out an Extra Value lineup that inclu…
Confidence In Finding Jobs Hits Record Low Amid Weak Labor Market, Survey Says Confidence In Finding Jobs Hits Record Low Amid Weak Labor Market, Survey Says
Confidence In Finding Jobs Hits Record Low Amid Weak Labor Market, Survey Says Confidence in finding a new job has dropped to a record low for a closely watched survey, in the latest troubling sign for the US labor market under President Donald Trump. Respondents in August said they believed they had a 44.9% chance of landing another job if they lost their current one, according to the Federal Reserve Bank of New York's latest Survey of Consumer Expectations released on Monday, Sept. 8. That's the lowest level since the survey began in June 2013. The decline was seen broadly, but hit hardest among workers with only a high school education. Expectat…
AG James, 19 States Slam Federal Policy Forcing Indefinite Immigrant Detention AG James, 19 States Slam Federal Policy Forcing Indefinite Immigrant Detention
AG James, 19 States Slam Federal Policy Forcing Indefinite Immigrant Detention New York Attorney General Letitia James is leading a coalition of 19 attorneys general in pushing back against a federal policy that would keep many undocumented immigrants locked up without the chance for a bond hearing. In a legal brief filed Wednesday, Sept. 3, the attorneys general argued that the US Department of Homeland Security’s new approach violates due process, harms families, and wastes taxpayer dollars. The new policy eliminates bond hearings for those who entered the country without inspection, meaning they could be held indefinitely — sometimes for months or years — regardles…
PlayStation 5 Price Jumps As Trump Tariffs Hit Imports: Here's How Much PlayStation 5 Price Jumps As Trump Tariffs Hit Imports: Here's How Much
PlayStation 5 Price Jumps As Trump Tariffs Hit Imports: Here's How Much PlayStation 5 consoles are about to get more expensive in the US as President Donald Trump's sweeping tariffs fuel price hikes for many products. The recommended retail price for the PS5 will increase to $549.99, the Digital Edition will cost $499.99, and the PS5 Pro will go up to $749.99, Sony announced on Wednesday, Aug. 20. The higher prices will begin on Thursday, Aug. 21. While Sony didn't directly point to Trump's tariffs in its announcement, the duties have increased the costs of many imported goods, especially from countries that produce many electronics. "Similar to…
99-Cent No More? Keasbey Made AriZona Iced Tea May Finally Cave To Trump Tariffs 99-Cent No More? Keasbey Made AriZona Iced Tea May Finally Cave To Trump Tariffs
99-Cent No More? Keasbey Made AriZona Iced Tea May Finally Cave To Trump Tariffs For the first time in more than 30 years, AriZona iced tea’s sacred 99-cent price tag may be on the chopping block. The company’s Brooklyn-born founder Don Vultaggio told The New York Times that President Donald Trump’s 50% steel and aluminum tariffs, enacted in June, are hitting the brand where it hurts: the can.  AriZona’s headquarters sit on Long Island in Woodbury, with a massive production plant, AriZonaLand, in Keasbey, NJ, churning out the iconic tallboys that have stayed the same price since 1997. AriZona burns through more than 100 million pounds of aluminum every year, 20% o…
'Focus On Being A DJ,' Trump Tells Goldman Sachs CEO From Hartsdale After Tariff Warning 'Focus On Being A DJ,' Trump Tells Goldman Sachs CEO From Hartsdale After Tariff Warning
'Focus On Being A DJ,' Trump Tells Goldman Sachs CEO From Hartsdale After Tariff Warning President Donald Trump is taking aim at Goldman Sachs CEO David Solomon and telling him to focus on his side gig after economists at the Wall Street giant's bank warned that American consumers may soon bear the brunt of the president's tariffs. In a Truth Social post on Tuesday, Aug. 12, Trump defended his trade policy, claiming that “trillions of dollars are being taken in on tariffs” and that the measures have been “incredible for our country, its stock market, its general wealth, and just about everything else.”  The post came days after Goldman Sachs' chief economist Jan Hatzi…
Repeat Jobless Claims Hit Four-Year High Amid Weak July Jobs Report Repeat Jobless Claims Hit Four-Year High Amid Weak July Jobs Report
Repeat Jobless Claims Hit Four-Year High Amid Weak July Jobs Report The number of Americans continuing to file for unemployment benefits has surged to its highest level in nearly four years, according to new federal data. Continued unemployment claims topped 1.97 million during the week ending on Saturday, July 26, the Department of Labor said on Thursday, Aug. 7. That's the most since early November 2021, when the insured unemployment level reached 2.04 million. Repeat claims rose by 38,000 from the previous week. The DOL data signals that more jobseekers are struggling to find work and remain on unemployment. In the Northeast, se…
P&G Hiking Prices On Household Essentials As Trump's Tariffs Bite P&G Hiking Prices On Household Essentials As Trump's Tariffs Bite
P&G Hiking Prices On Household Essentials As Trump's Tariffs Bite The company behind popular products like Bounty paper towels, Tide detergent, and Crest toothpaste will soon start raising prices due to President Donald Trump's tariffs. Procter & Gamble will start the price hikes in August as the company expects about $1 billion in added costs from Trump's tariffs during the 2026 fiscal year. P&G revealed the financial impact in its latest earnings report on Tuesday, July 29. The increases will apply to about a quarter of P&G's products sold in the US, Reuters reported. A company spokesperson said prices will rise by "mid-single…
Hershey Raising Candy Prices By Double Digits: Here's Why Hershey Raising Candy Prices By Double Digits: Here's Why
Hershey Raising Candy Prices By Double Digits: Here's Why Hershey is significantly raising prices on candy products as global shortages fuel a large spike in cocoa costs. A spokesperson for The Hershey Company confirmed the double-digit price increases to the Daily Voice on Wednesday, July 23. The decision is tied to rising ingredient costs, not President Donald Trump's sweeping tariffs that have increased prices of other consumer goods. While the eastern Pennsylvania company said it will hike prices, Halloween candy won't be affected. "We're committed to delivering the treats consumers love while continuing to invest in making our products …
GM Suffers $1.1B Hit Because Of Trump's Tariffs GM Suffers $1.1B Hit Because Of Trump's Tariffs
GM Suffers $1.1B Hit Because Of Trump's Tariffs General Motors had a $1 billion hit over three months due to President Donald Trump's sweeping tariffs that have shaken the auto industry. GM reported a net income of $1.9 billion for the second quarter of 2025, down by about $1.1 billion from Q2 2024. Revenue slipped 1.8% to $47.1 billion. The automaker's North American operations were hit hardest, with profits falling nearly 46%. GM previously lowered its full-year outlook in May to account for a projected $4 billion to $5 billion tariff hit, which didn't change in the Q2 earnings report. Chief financial officer Paul …
Immigration Debate Deepens: Poll Reveals Americans' Views Of Trump's Actions Immigration Debate Deepens: Poll Reveals Americans' Views Of Trump's Actions
Immigration Debate Deepens: Poll Reveals Americans' Views Of Trump's Actions A new national survey reveals Americans' thoughts on several key immigration actions taken by President Donald Trump's administration. The Pew Research Center poll finds that more Americans disapprove than approve of the administration’s overall approach to immigration, by a margin of 47 to 42 percent. A total of 5,044 adults were surveyed nationwide over a week-long period in June. Among the specific actions tested, the most widely opposed were the suspension of most asylum applications, with 60 percent disapproving.  Additionally, 59 percent disapprove of the decision to end Tempor…
Trump Slaps 25% Tariffs On Japan, South Korea As Global Trade Deals Deadline Nears Trump Slaps 25% Tariffs On Japan, South Korea As Global Trade Deals Deadline Nears
Trump Slaps 25% Tariffs On Japan, South Korea As Global Trade Deals Deadline Nears President Donald Trump will impose 25% tariffs on imports from Japan and South Korea, just two days before a pause on his "liberation day" duties is set to expire. Trump released screenshots of letters announcing the new tariffs on his social media platform Truth Social on Monday, July 7. The letters were addressed to Japanese Prime Minister Ishiba Shigeru and South Korean President Lee Jae-myung. Both letters say the US will begin charging the new tariff rate on Thursday, Aug. 1. "Please understand that these Tariffs are necessary to correct the many years of Japan's Tariff, and…
'Want To Go Home': PA Sen. Fetterman Slammed After Complaint About Missed Beach Trip Goes Viral 'Want To Go Home': PA Sen. Fetterman Slammed After Complaint About Missed Beach Trip Goes Viral
'Want To Go Home': PA Sen. Fetterman Slammed After Complaint About Missed Beach Trip Goes Viral Pennsylvania Sen. John Fetterman apparently would rather be building sandcastles than slogging through Senate votes. As the US Senate trudged through a grueling voting marathon on President Donald Trump’s massive tax and spending package, Fetterman went viral for saying what many might’ve been thinking. The Democratic lawmaker, while addressing reporters outside the Senate chamber on Monday, June 30, raised eyebrows when asked about possible timing on the bill: “Oh my God, I just want to go home,” Fetterman said, visibly frustrated during the vote-a-rama underway in Washington. “I’ve alrea…
Inflation, Trump Tariffs Hurting Americans' Fourth Of July Plans, Survey Finds: Here's How Inflation, Trump Tariffs Hurting Americans' Fourth Of July Plans, Survey Finds: Here's How
Inflation, Trump Tariffs Hurting Americans' Fourth Of July Plans, Survey Finds: Here's How The stars and stripes may fly high on the Fourth of July, but most Americans say they're feeling financially grounded in 2025. WalletHub conducted a survey, along with compiling facts and figures, about how the US will celebrate Independence Day in 2025. The studies were released on Wednesday, June 25. The personal finance website found that 79% of Americans believe the country's independence is threatened by the rising federal debt. More than half are adjusting their Fourth of July plans because of inflation, high prices, and a shaky economy under President Donald Trump's sweepin…
Student Loan Defaults Loom For Millions As Trump Administration Resumes Debt Collections Student Loan Defaults Loom For Millions As Trump Administration Resumes Debt Collections
Student Loan Defaults Loom For Millions As Trump Administration Resumes Debt Collections Millions of federal student loan borrowers are weeks away from default as serious delinquencies surge to record highs after the Trump administration resumed debt collections, economists say. Nearly one-third (31%) of federal borrowers with a payment due were at least 90 days late in April, according to a new report from TransUnion released on Tuesday, June 24. That's nearly triple the pre-pandemic rate of 11.7% and the highest figure on record. Just 0.3% of borrowers were in default by April, but with nearly 5.8 million now more than 90 days late, many are on the brink of defaulti…
Largest US Banker Warns US Economy Could 'Deteriorate' As Global Growth Forecast Dims Largest US Banker Warns US Economy Could 'Deteriorate' As Global Growth Forecast Dims
Largest US Banker Warns US Economy Could 'Deteriorate' As Global Growth Forecast Dims The head of one of the nation’s largest banks says the U.S. economy may be slowing — and that could hit local households and businesses hard in the months ahead. “I think there’s a chance real numbers will deteriorate soon,” JPMorgan Chase CEO Jamie Dimon said during a financial conference this week, per CNBC. He explained that while the country has seen gains in jobs and spending, there are signs that the economy may be cooling.  “Employment will come down a little bit. Inflation will go up a little bit. Hopefully, it’s just a little bit,” Dimon said. He added that lower immigration …
Canned Food Prices Rising Under Trump's Higher Tariffs, Report Says: Here's How Much Canned Food Prices Rising Under Trump's Higher Tariffs, Report Says: Here's How Much
Canned Food Prices Rising Under Trump's Higher Tariffs, Report Says: Here's How Much President Donald Trump's newly hiked 50% steel tariffs could make your next can of soup or vegetables more expensive. Producers of canned goods are warning about rising costs at the grocery store because of Trump's tariffs, The Wall Street Journal reported. The Consumer Brands Association said the price of canned foods could rise between 9% and 15% as a result of the tariff. That means the price of a $2 can of vegetables might jump by up to 30 cents. "The American consumer is going to pay more for their cans," said Dan Dietrich, vice president for strategy at Trivium Packaging. Trump…
Trump’s Standing Tanks With This Voter Group Amid Growing Backlash Trump’s Standing Tanks With This Voter Group Amid Growing Backlash
Trump’s Standing Tanks With This Voter Group Amid Growing Backlash Donald Trump is losing ground with a key voting group, according to a new national tracking poll.  The survey shows sharp declines in his favorability, job approval, and economic ratings among Hispanic and Latino voters. While overall ratings were already low, the second-quarter survey conducted by Global Strategy Group for Somos Votantes shows a deeper erosion in key subgroups: independents, women, and voters under 45. Pollsters attribute the shift to continued economic pessimism, a growing belief that Trump is out of step with everyday priorities, and intensifying opposition to his …
Private Job Growth Hits Two-Year Low Amid Trump Tariffs: 'Hiring Is Losing Momentum' Private Job Growth Hits Two-Year Low Amid Trump Tariffs: 'Hiring Is Losing Momentum'
Private Job Growth Hits Two-Year Low Amid Trump Tariffs: 'Hiring Is Losing Momentum' Private hiring sharply declined to its slowest pace in more than two years as President Donald Trump's sweeping tariffs have shaken the economy throughout 2025. Businesses added just 37,000 jobs in May, according to the ADP National Employment Report released on Wednesday, June 4. That was the lowest level since March 2023, falling below April's downwardly revised figure of 60,000. The disappointing job total missed the Dow Jones forecast of 110,000, CNBC reported. "After a strong start to the year, hiring is losing momentum," ADP chief economist Dr. Nela Richardson said. "Pay growth, howe…
'Trump Always Chickens Out': Hear His Response To Wall Street's 'TACO' Trade Strategy 'Trump Always Chickens Out': Hear His Response To Wall Street's 'TACO' Trade Strategy
'Trump Always Chickens Out': Hear His Response To Wall Street's 'Taco' Trade Strategy Economists say Wall Street just experienced a "TACO" Tuesday, but it had nothing to do with tortillas or salsa. Traders and other stock market watchers have been discussing what's called the "TACO" trade strategy. TACO is an acronym that stands for "Trump Always Chickens Out," a reference to President Donald Trump's constantly changing tariff threats and retreats. Financial Times columnist Robert Armstrong has been widely credited with creating the TACO nickname earlier in May. "The recent rally has a lot to do with markets realising that the US administration does not have a very hig…
Penny Pinched: US To Stop Producing One-Cent Coin, Reports Say Penny Pinched: US To Stop Producing One-Cent Coin, Reports Say
Penny Pinched: US To Stop Producing One-Cent Coin, Reports Say The federal government is pulling the penny from circulation, ending a historic run for the coin dating back to the country's early days, according to reports. The US Treasury made its final order of penny blanks and will stop distributing the one-cent coins by early 2026, the Wall Street Journal reported on Thursday, May 22. A Treasury spokesperson confirmed the end of the penny to the Associated Press. The move is expected to save $56 million a year in materials, according to a Treasury official who spoke anonymously to preview the decision. Once existing penny supplies run out, busi…
Trouble Ahead For Hochul In NY Governor's Race, Fresh Polling Shows Trouble Ahead For Hochul In NY Governor's Race, Fresh Polling Shows
Trouble Ahead For Hochul In NY Governor's Race, Fresh Polling Shows Fresh polling has alarm bells ringing in Albany. As New York’s 2026 race for governor begins to take shape, a new Siena College poll shows voters are craving new leadership, though incumbent Gov. Kathy Hochul still leads potential Democratic challengers by a wide margin. The poll, released Tuesday, May 20, found that 36% of voters are ready to reelect Hochul, while 55% prefer “someone else,” a 10-point dip in support compared to last month. Her favorability rating sits at 44-46% and job approval at 50-46%—largely unchanged from April. Among Democrats, Hochul remains the frontrunner in a hy…
Westfield Tops Mass As City With 'Most Bang For Your Buck': Survey Westfield Tops Mass As City With 'Most Bang For Your Buck': Survey
Westfield Tops Mass As City With 'Most Bang For Your Buck': Survey Massachusetts may not be the first place that comes to mind for affordable living, but a new national survey highlights three cities that combine low costs with the amenities homeowners crave. Westfield, Gardner, and Fitchburg were named the best options for homebuyers in the Bay State, according to a new report by Advance America. The list, compiled after surveying more than 3,000 real estate professionals, focused on U.S. cities where residents can find affordable homes, a reasonable cost of living, and a high quality of life. While cities in Florida, Texas, and the Carolinas dominated th…
Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive
Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive Executives at Walmart are warning that the retail giant will raise prices on many everyday items due to President Donald Trump's sweeping tariffs. Walmart will hike the costs of many grocery items and general merchandise, CEO Doug McMillon said during an earnings call on Thursday, May 15. The announcement comes as Walmart's revenue rose 2.5% in the first quarter of 2025. McMillon said the chain can't swallow the greater costs caused by Trump's tariffs. "We're positioned to manage the cost pressure from tariffs as well or better than anyone, but even at the reduced levels, the hig…
Trump Endorses Ciattarelli For NJ Governor Trump Endorses Ciattarelli For NJ Governor
Trump Endorses Ciattarelli For NJ Governor President Donald Trump has made his pick for New Jersey governor. Trump, who has property in Bedminster in Somerset County, endorsed Jack Ciattarelli for the Republican nomination on his Truth Social account Monday. “Jack Ciattarelli is a terrific America First Candidate running to be the next Governor of a State that I love, NEW JERSEY!” Trump said. “Jack, who after getting to know and understand MAGA, has gone ALL IN, and is now 100% (PLUS!). He is strongly supported by the most Highly Respected Leaders in New Jersey and, as your next Governor, Jack Ciattarelli will work closely with me …