5 Articles
5 Articles
It's Trump's Economy Now
When the Commerce Department released a report on April 30 showing that the economy had shrunk during the first quarter of 2025 - the first such decline since 2022 - President Donald Trump was quick to respond. "This is Biden," he said, adding that "You could even say that the next quarter is sort of Biden [too]." Later that day, he told a group of corporate executives that "This is Biden's economy." He capped his day by posting on Truth Social …
NRF: Economy still growing despite tariffs but ‘a lot of people have recession on their minds’
WASHINGTON – Tariffs imposed by President Donald Trump have not yet led the United States into a recession, but worries over the economy are widespread and growing despite continued job and income gains, National Retail Federation chief economist Jack Kleinhenz said Wednesday.“The possibility of a U.S. recession in the near future has increased due to rising trade tensions and other economic factors, but it hasn’t happened yet,” Kleinhenz said. …
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