As Americans celebrate the 90th anniversary of Social Security, Donald Trump continues to obliterate the economic security of millions across the country as working families pay the price for his reckless incompetence. New reports showed that wholesale prices rose far more than expected in July, sending stocks falling as Trump’s failed policies drive inflation higher and crush working families with soaring costs. Trump’s anemic economy has delivered the worst three months of job growth since the pandemic as wage growth slows, hitting the poorest Americans hardest amid a worsening affordability crisis. Trump’s latest tariffs are projected to cost American households $2,400 this year while driving inflation higher under his chaotic agenda, with grocery prices and electricity bills surging. Read more about how Trump’s tariffs are wreaking havoc on the U.S. economy:
HEADLINES
Trump’s Economy Stagnates
- The New Republic: Inflation Is Soaring Again—and It’s All Trump’s Fault
- Axios: The Economy’s Tariff Cost Burden
- The Daily Beast: Inflation Indicator Delivers Nasty Blow to Trump’s Economy
- CNBC: Wholesale Prices Rose 0.9% In July, Much More Than Expected
- MarketWatch: Wholesale Prices Post Biggest Surge In Three Years, PPI Shows, In Sign Of Tariff-Related Inflation
- Associated Press: U.S. producer prices surge in July as Trump tariffs push costs higher
- Newsweek: US Hits Highest Layoffs Since COVID
- Fast Company: Layoffs 2025: Companies Have Announced Over 800,000 Jobs Cuts So Far. There Are 3 Big Reasons Why
- Axios: Salad Bowl Recession? Fast-Casual Restaurants Facing Slowdown
In The States