Kevin Hassett, the chairman of the Council of Economic Advisers, says a tax cut like the one President Trump is proposing could potentially lift wages by about $4,000.
The manufacturing sector increased jobs at the fastest pace in the month of July than the sector had in more than four years, the New York Times reported.
President Donald Trump’s visit to Saudi Arabia in May “heralded a new era” in economic growth between the United States and its longtime ally, according to the head of the U.S.-Saudi Arabian Business Council.
The U.S. economy expanded in the second quarter of 2017 as real gross domestic product grew at a rate of 3 percent, according to the second estimate released by the Bureau of Economic Analysis.
The stock market saw a bump Friday afternoon after news broke that Steve Bannon would be leaving his role as President Donald Trump’s chief strategist.
Reducing some of government’s regulatory agencies’ authority could boost economic growth and increase job creation, according to the Competitive Enterprise Institute’s report Shrinking Government Bureaucracy.
In 42 states, personal income grew from the past year, even after adjusting for inflation, according to a report from Pew Charitable Trusts.
A majority of Guatemalans who migrate to the United States—91.1 percent—are seeking better economic opportunities, according to a study from the International Organization for Migration.
Optimism for small-business owners about their business situation is at the highest level seen in a decade, according to a poll from Gallup.