Andrew Moran

6 days ago | theepochtimes.com | Andrew Moran

‘And it will only get better,’ says President Donald Trump. 5/31/2025Updated: 5/31/2025U.S. consumers earned more income, saved more money, and spent less in April, new U.S. government data show. According to the Bureau of Economic Analysis, personal income rose by 0.8 percent, or $210.1 billion, to $25.858 trillion in April. This was up from the upwardly adjusted 0.7 percent jump in March. Andrew Moran has been writing about business, economics, and finance for more than a decade.

6 days ago | libertynation.com | Andrew Moran

Did a reporter make President Donald Trump aggressive again? A new term on Wall Street has been born: TACO – or Trump Always Chickens Out. The president, when asked about this at the Oval Office, was visibly upset by the question. “Six months ago, this country was stone-cold dead, we had a dead country, we had a country that people didn’t think was going to survive, and you ask a nasty question like that,” he said.

1 week ago | theepochtimes.com | Andrew Moran

Early forecasts signal a spike in second-quarter GDP growth. 5/30/2025Updated: 5/30/2025The U.S. goods trade deficit declined sharply in April from a record in March as the effects of front-running President Donald Trump’s tariffs faded. According to an advance estimate from the Census Bureau, the goods trade gap plummeted 46 percent, to $87.6 billion, from the all-time high of $162.25 billion registered in March. This represented the smallest trade deficit for goods since December 2023.

1 week ago | theepochtimes.com | Andrew Moran

May 22 was the largest day for tariff revenue collections. 5/30/2025Updated: 5/30/2025U.S. tariff revenues reached an all-time high in May as President Donald Trump’s trade policies started to fill government coffers. According to the May 28 Daily Treasury Statement, revenues from “customs and certain excise taxes” climbed to a record high of $23.28 billion this month, up from $17.431 billion in April. Andrew Moran has been writing about business, economics, and finance for more than a decade.

1 week ago | theepochtimes.com | Andrew Moran

The U.S. central bank is not expected to cut interest rates until September. 5/30/2025Updated: 5/30/2025The Federal Reserve’s preferred inflation measure inched closer to the U.S. central bank’s 2 percent target in April. According to the Bureau of Economic Analysis, personal consumption expenditure (PCE) inflation slowed to 2.1 percent last month, from 2.3 percent in March. This is the lowest reading since September 2024.