budgetcuts
America's national debt is out of control. More than $8.1 trillion was added to the gross federal debt under the Trump administration, according to U.S. Treasury Department estimates. (The Congressional Budget Office, which uses debt held by the public and excludes debt owed to government agencies, estimates that Trump signed legislation adding $7.8 trillion in publicly held debt over the next ten years.) Reason's Zach Weissmueller asked delegates and attendees at the 2024 Republican National Convention whether Donald Trump is going to do anything about the debt should he be elected for a seco...
Reason
In his podcast addressing the markets today, Louis Navellier offered the following commentary. PPI Continues To DeclineOn Thursday, the Labor Department announced that the Producer Price Index (PPI) rose 0.2% in April and 2.3% in the past 12 months. The big surprise was that the March PPI was revised to a decline of -0.4%, which helped the annual PPI dramatically decelerate to a 2.7% annual pace through March. Food prices declined -0.5% in April, while energy prices rose 0.8%. The core PPI, excluding food, energy and trade services, rose 0.2% in April and 3.4% in the past 12 months. Wholesale ...
ValueWalk
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