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Economic News

Hassett says Fed independence is ‘really important’ and chair candidates shouldn’t be disqualified for being Trump’s friend

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16 December 2025
Hassett declined in a CNBC interview to directly address his own candidacy but said forging consensus is an important part of the job.
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President Trump's Affordability Crisis

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16 December 2025
Last month, Democrats won races for governor in Virginia and Pennsylvania and mayor in New York by stressing "affordability."Voters are giving President Donald Trump poor grades on inflation, and that threatens Republicans in Congress running for reelection.
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RNC on Jobs, Wages: 'All We Needed Was New President'

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16 December 2025
Republican National Committee Chairman Joe Gruters hailed President Donald Trump's economic agenda for recent job and wage gains, citing new federal employment data from November that were released Tuesday morning.
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Retail Sales Flat as Consumer Spending on Solid Footing

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16 December 2025
U.S. retail sales were unexpectedly flat in October, though consumer spending appears to have remained on a solid footing at the start of the fourth quarter despite the rising cost of living that is forcing some households to scale back.
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Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show

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16 December 2025
Nonfarm payrolls were expected to increase by 45,000 in November as the unemployment rate rose to 4.5%.
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Job Growth Beats Expectations in Nov.; Unemployment at 4.6%

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16 December 2025
U.S. job growth rebounded in November after nonfarm payrolls declined in October because of government spending cuts, but the unemployment rate was at 4.6% as the labor market weakens against the backdrop of economic uncertainty.
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More Articles …

  1. Bessent Signals Fed Chair Decision Could Be Imminent
  2. Employers Likely Added 40,000 Jobs in November
  3. China lowers anti-dumping tariffs on European pork exporters
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