Andrew Moran

1 week ago | theepochtimes.com | Andrew Moran |Nathan Worcester

ADSen. Cynthia Lummis said she is ‘excited about the momentum’ in Washington over cryptocurrency. The Senate passed the Guiding and Establishing National Innovation for U.S. Stablecoins Act, commonly known as the Genius Act, on June 17, marking a significant step in cryptocurrency regulation. In a rare glimpse of bipartisan support in the upper chamber, senators voted 68 to 30 in favor of the bill. Andrew Moran has been writing about business, economics, and finance for more than a decade.

1 week ago | theepochtimes.com | Andrew Moran

Wage numbers are ‘even bigger than the improvement seen at the start’ of Trump’s first term. 6/17/2025|Updated: 6/17/2025In the first five months of President Donald Trump’s second term, blue-collar hourly workers have experienced a nearly 2 percent increase in real wage growth—the most significant growth under any administration since President Richard Nixon.

1 week ago | theepochtimes.com | Andrew Moran

‘Businesses have for the most part managed to absorb the cost of the new trade taxes,’ RSM economists said. 6/17/2025|Updated: 6/17/2025Prices of imports into the United States remained flat in May, led by a decline in energy costs, according to new data from the Bureau of Labor Statistics released on Tuesday. Import prices came in at zero percent last month following a 0.1 percent jump in April. The consensus estimate had signaled a 0.2 percent drop.

1 week ago | theepochtimes.com | Andrew Moran

Consumers did not stock up on products last month like they did in March and April. 6/17/2025|Updated: 6/17/2025Retail sales fell sharply in May, driven by falling gasoline sales and economic uncertainty, the Department of Commerce Department reported on June 17. Last month, non-inflation-adjusted retail sales tumbled 0.9 percent, down from the 0.1 percent dip in April. Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."

1 week ago | libertynation.com | Andrew Moran

Loading the Elevenlabs Text to Speech AudioNative Player... Listening to critics on Capitol Hill and in the mainstream media would make observers believe that the One Big Beautiful Bill (OBBB) contained only one line of text: cutting taxes for billionaires. The more than 1,000-page budget reconciliation bill has come under fire as a handout for affluent Americans, with opponents alluding to estimates, for example, from the Joint Committee on Taxation.