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Consumer confidence falls to lowest level since 2011 amid tariff concerns

The Conference Board’s Consumer Confidence Index fell to 86 in April, the lowest reading in nearly five years. It declined


Trump sings order to dismantle Education Department, shifts student loans to SBA

On March 20, 2025, President Donald Trump signed an executive order to dismantle the U.S. Department of Education, marking a


SBA cracks down on loan fraud with new verification rules

The U.S. Small Business Administration (SBA) announced new verification requirements designed to combat fraud in its loan programs. The reform


Federal Reserve Chair believes Trump tariffs will drive inflation and unemployment through 2025

Federal Reserve Chair Jerome Powell stated Wednesday that tariffs and recent policy changes introduced by the Trump administration will likely


U.S. inflation cools, but tariff threats loom over prices

U.S. inflation slowed in March, with consumer prices rising by just 2.4% from the previous year, down from 2.8% in


Small business optimism drops below historical average

According to the National Federation of Independent Business (NFIB), small business optimism has taken a decisive blow for another consecutive


New poll shows overwhelming support for small business tax deductions

A new poll released today by the National Federation of Independent Business (NFIB) reveals widespread, bipartisan support for small businesses


IRS extends tax deadline for disaster victims and businesses in 12 states

The Internal Revenue Service (IRS) has announced that taxpayers in disaster-declared areas will have until May 1, 2025, to file


U.S. adds 228,000 jobs in March despite rising unemployment and trade uncertainty

U.S. employers added 228,000 jobs in March, significantly outperforming expectations and signaling continued resilience in the labor market. The data,


Trump’s 20% tariff plan could reshape global trade and U.S. economy

According to sources familiar with the matter, the White House has drafted a proposal to impose 20% tariffs on most


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