President Trump had previously implemented 20% tariffs on any imports from China. Today, he announced 34% tariffs on imports from China tied to unfair trading practices.

In less than 26 months, nearly two dozen TCJA provisions are slated to expire unless Congress intervenes. The ramifications? We stand at the brink of one of the most impactful tax reconfigurations in recent memory.

It’s that time again, when the federal government reports on the fiscal state of Social Security (headed toward zero) and also estimates the cost-of-living adjustments (COLAs) for next year. Last year, retirees got a 9% raise, but were told the program would be insolvent by 2033. This year, retirees should receive around a 3% raise, and the program is still on the way to financial oblivion.

I didn't think we were going into recession, but if we did, it would be the best recession you've ever seen, because it would be shallow. And the reason is, everybody is still working. And so, if everybody is still working, they're going to spend the money. They may not have as much because inflation is eating it away, but they will spend the dollars. it just won't feel all that good.

While the legacy automakers are playing catch up in the EV (Electric Vehicle) market, Telsa continues to dominate this space.

One big change is that students have to start repaying their student loans again (or start paying them for the first time). This is money that the borrowers could (and did) use on other things during the pandemic, such as paying down debt, saving, or raising their standard of living.

Explore potential impacts of not raising the debt ceiling by the deadline, with insights from investment managers, economists, and retirement planners. Learn how this could affect your financial strategies and retirement plans.

When the Jones Act was enacted, it was thought that it would encourage U.S. shipbuilding. But with the increased import of LNG, no ships qualify under the Jones Act, leaving the U.S. completely out of this precious resource.

The worldwide value of the dollar is decreasing as the U.S. distances themselves from Middle Eastern allies. What effect will this have on our economy?

This month's economic update from Rodney Johnson details the current events surrounding SVB and the Federal Reserve.

Silicon Valley Bank were left with negative capital over the weekend, thus causing the Fed to have to bail them out, like they usually do. Read more to find out all the details!

When it comes to inflation, as long as both sellers and consumers are fairly pricing and buying products, then we'll have no issue. Unfortunately, this is hardly the case most of the time.