Donald Trump's Second Term and the Economy

Friday’s jobs report will almost certainly show a year-over-year decline in employment in the manufacturing sector, which lost more than 90,000 jobs in 2025.

The proposed rule also puts more weight on how much control workers have and whether they face a profit or a loss — a standard that tends to favor employers.

Reports on private sector hiring offer a preview of what to expect in Friday’s federal jobs report, including a growing gap in wage growth between high earners and lower-income households.

The tax and spending law, passed last summer, expands on President Donald Trump’s 2017 tax cuts, making it easier for big corporations to pay less in federal income taxes.

The tariff on imported goods under $800 is still in effect even after a recent U.S. Supreme Court ruling.

Last night, President Donald Trump strongly defended his unpopular tariffs in his State of the Union address.

Average tariffs on Chinese goods are coming down, but both sides still have considerable leverage. 

For now, the only way parents can sign up is by submitting a form with their tax returns.

The President is using Section 122 of the Trade Act of 1974 to impose tariffs on most foreign imports. But unlike his previous tariffs, these will expire in 150 days unless Congress extends them.

The need for energy storage is increasing as electricity demand rises rapidly in the U.S., with one estimate from the Solar Energy Industries Association expecting the battery market to grow by 21% this year.