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Economy

Weekly Jobless Claims Decline as US Labor Market Stabilizes

Economy The Epoch Times -
First-time U.S. unemployment claims fell in the week ending Dec. 13, indicating the labor market remains broadly stable despite economic uncertainty.

Inflation Cools to 2.7 Percent in November, Lower Than Expected

Economy The Epoch Times -
The annual inflation rate eased to 2.7% last month—the lowest level since July—from 3% in September, according to the Bureau of Labor Statistics.
MAGA Business MAGA Business

64,000 Jobs Added in November, While Unemployment Rises to 4.6 Percent

Economy The Epoch Times -
Employers added 64,000 jobs last month after shedding 105,000 positions in October, according to delayed data from the Bureau of Labor Statistics (BLS).

Americans Could See up to $2,000 Tax Refunds Next Year, Says Treasury Secretary

Economy The Epoch Times -
Treasury Sec. Scott Bessent says working Americans will receive “very large refunds” next year as new tax cuts from the One Big Beautiful Bill Act take effect.

US Trade Deficit Unexpectedly Falls to 5-Year Low as Exports Surge

Economy The Epoch Times -
Trump’s tariffs helped reduce the U.S. trade deficit, bringing it to its lowest monthly level in over five years, new federal data shows.

Federal Reserve Poised to Cut Interest Rates at Final Meeting of 2025

Economy The Epoch Times -
The Fed is expected to cut rates at its final meeting of the year, with attention shifting to Chair Powell’s outlook for 2026.

Fed’s Key Inflation Measure Cools, Personal Incomes Top Estimates

Economy The Epoch Times -
Despite consumers’ assessment of economic conditions, new survey data suggest they have become more confident about the economy.

World’s Billionaire Population Surges to New Record High: UBS

Economy The Epoch Times -
The ultra-rich grew even wealthier this year and the world has more billionaires than ever, according to Swiss bank UBS.
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Democrats, Strategists Press DNC to Release Review of 2024 Election Losses

Democrats pushed back after DNC Chair Ken Martin kept a postmortem of the party’s 2024 election losses confidential, urging its release publicly now.

DOJ Seeking Appeals on Dismissals of Criminal Cases Against James Comey, Letitia James

DOJ is appealing the dismissal of a pair of criminal cases against NY AG Letitia James and former FBI Dir. James Comey, according to new court documents.

Suspect in Brown University, MIT Professor Shootings Found Dead: Officials

A suspect in a fatal shooting at Brown University was found dead, officials announced. The man appears to have died from a self-inflicted gunshot wound.

US Indicts Over 70 Tren de Aragua Members in Nationwide Crackdown

DOJ announced multiple indictments against more than 70 members of Tren de Aragua in a nationwide crackdown on the foreign terrorist organization.

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