White House National Economic Council Director Kevin Hassett appeared on Bloomberg Television Friday and said that President Donald Trump wants to replace income tax revenue with tariff revenue. “The ...

The ripple effects of President Donald Trump’s new wave of sweeping tariffs announced this week will be felt the most by lower-income Americans, who are heavily reliant on products from countries hit ...

Income inequality is starker than ever — or so we’ve been told. New research by economists Gerald Auten and David Splinter indicates that the prevailing narrative of runaway inequality is not as ...

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The Chancellor must plug a £50bn black hole in the nation’s public finances, with at least a 2p hike to the basic rate of income tax likely to be needed, a major economic think tank has warned. The ...

Retirees use their pension income on essentials like groceries, housing, medicine, utilities, clothing, transportation, and entertainment. When we think of economic impact across the U.S., certain ...

Fixed-income investors are adjusting their strategies as indicators point to a weakening American economy, coupled with increasing support within the Federal Reserve for interest rate cuts. This shift ...

Despite having never taken a formal economics class, a group of students from The Bishop’s School in La Jolla competed in the national semifinals of the National Economics Challenge as Southern ...