Economy – Page 3 – Techwen

Speaker Johnson dismisses deficit worries as bill heads to Senate

Speaker Johnson dismisses deficit worries as bill heads to Senate

U.S. House Speaker Mike Johnson (R-LA) speaks to a reporter, as he leaves for a meeting at the White House on the budget, on the day of the House Rules Committee’s hearing on U.S. President Donald Trump’s plan for extensive tax cuts, on Capitol Hill, in Washington, D.C., U.S., May 21, 2025. Nathan Howard | … Read more

Trump touts anti-DEI changes in West Point address

Trump touts anti-DEI changes in West Point address

US President Donald Trump prepares to sign executive orders in the Oval Office of the White House in Washington, DC, on May 23, 2025. Mandel Ngan | Afp | Getty Images President Donald Trump touted his administration’s changes to the military during a commencement address at the U.S. Military Academy at West Point on Saturday … Read more

Elon Musk’s X temporarily down for tens of thousands of users

Elon Musk’s X temporarily down for tens of thousands of users

Elon Musk looks on as U.S. President Donald Trump meets South African President Cyril Ramaphosa in the Oval Office of the White House in Washington, D.C., U.S., May 21, 2025. Kevin Lamarque | Reuters The Elon Musk-owned social media platform X experienced a brief outage on Saturday morning, with tens of thousands of users reportedly … Read more

How Nashville transformed into a booming business hub

How Nashville transformed into a booming business hub

Nashville, Tennessee, has transformed from its reputation as “Music City” into a major U.S. metro thanks to rapid population growth, job opportunities in key industries like healthcare and tech and a good quality of life.   It’s now become one of the fastest-growing U.S. cities, boasting a diverse community and a competitive economy.  “It’s not … Read more

Goolsbee says Fed has to wait longer before moving rates due to trade policy uncertainty

Goolsbee says Fed has to wait longer before moving rates due to trade policy uncertainty

Chicago Federal Reserve President Austan Goolsbee said Friday that President Donald Trump’s latest tariff threats have complicated policy and likely put off changes to interest rates. In a CNBC interview, the central bank official indicated that while he still sees the direction of rates being lower, the Fed likely will be on hold as it … Read more

Treasury set to halt penny production

Treasury set to halt penny production

A pile of US pennies is seen in this photo illustration in Washington, DC, February 10, 2025. Saul Loeb | Afp | Getty Images The beleaguered U.S. penny is living on borrowed time. With the cost of making the cent coin rising and President Donald Trump looking for ways to reduce unnecessary spending, the U.S. … Read more

Trump tax bill heads to the House floor for vote

Trump tax bill heads to the House floor for vote

WASHINGTON — The House Rules Committee advanced President Donald Trump’s “big, beautiful” tax bill late Wednesday after 21-hours of debate and amendments, sending the legislation to the floor where it was expected to receive a final vote early Thursday morning. The 8-4 vote to proceed out of committee was a victory for Republican leaders, who … Read more

Habeas corpus gives Trump right ‘to remove people’

Habeas corpus gives Trump right ‘to remove people’

U.S. Homeland Security Secretary Kristi Noem speaks during a hearing with the Senate Committee on Homeland Security and Governmental Affairs on Capitol Hill on May 20, 2025 in Washington, DC. Anna Moneymaker | Getty Images News | Getty Images Homeland Security Secretary Kristi Noem said Tuesday that President Donald Trump has an absolute right to deport people without due … Read more

Trump rolls out ‘Golden Dome’ missile defense system plan

Trump rolls out ‘Golden Dome’ missile defense system plan

U.S. President Donald Trump makes an announcement regarding the Golden Dome missile defense shield next to U.S. Defense Secretary Pete Hegseth in the Oval Office of the White House in Washington, D.C., U.S., May 20, 2025. Kevin Lamarque | Reuters President Donald Trump rolled out plans for a multibillion dollar ‘Golden Dome‘ missile defense shield … Read more

Federal Reserve will reduce staff by 10% in coming years, Powell memo says

Federal Reserve will reduce staff by 10% in coming years, Powell memo says

U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including … Read more