skip to main content
skip to newscasts

Thursday, March 20, 2025

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

'Woefully insufficient': Federal judge accuses Justice Department of evading 'obligations' to comply with deportation flights request; WA caregivers rally against Medicaid cuts; NM's state methane regulations expected to thwart federal rollbacks; Governor, critics call out 'boilerplate' bills from WY 2025 session.

view newscast page
play newscast audioPlay

Trump faces legal battles over education cuts, immigration actions, and actions by DOGE. Farmers struggle with the USDA freezing funds. A Georgetown scholar fights deportation and Virginia debates voter roll purges ahead of elections.

view newscast page
play newscast audioPlay

Cuts to Medicaid and frozen funding for broadband are both likely to have a negative impact on rural healthcare, which is already struggling. Plus, lawsuits over the mass firing of federal workers have huge implications for public lands.

Professor forecasts 2025 economic trends amid presidential transition

play audio
Play

Thursday, January 2, 2025   

As President-elect Donald Trump prepares to take office, economists are focusing on how his promised policies could shape 2025.

In 2024, Missouri faced economic challenges, including declining revenue and slow population growth. The economy dominated the election, with voters nationwide prioritizing gas and food prices. Moving forward, economists highlight tariffs, the stock market, electric vehicles, agriculture and education as key issues.

Jason Miller, professor of supply chain management at Michigan State University, predicted Trump's tariffs will affect 2025, although positive signs remain.

"Retailers have entered the holidays with inventory sort of in line with demand conditions," Miller pointed out. "November sales for motor vehicles were phenomenally strong for light trucks and SUVs; it was, on a seasonably adjusted basis, the third-highest month of all time."

Miller believes importers will stockpile Chinese goods to avoid tariffs. Past tariffs failed to create jobs and instead drove up costs, raising prices for consumers.

He also projected a major supply-chain issue by Jan. 15, involving the International Longshoremen's Association, as East Coast and Gulf port contracts expire, raising the threat of port strikes. However, he sees potential for a rebound in the manufacturing sector, an industry facing challenges recently.

"Now that the Fed is cutting interest rates, that is a nice tailwind for the type of goods needed for capital investments," Miller explained. "For things like machinery, as well as goods for residential construction, so bricks and lumber and shingles."

Miller added they are also monitoring potential extreme weather events in early 2025, such as the polar vortex back in 2018, which could impact the economy.


get more stories like this via email

more stories
PoliChic Engagement Fund says it's critical Texans make sure lawmakers are voting in their public interest. (JHVEPhoto/Adobe Stock)

Social Issues

play sound

Many Texans feel strongly, one way or another, about the proposed school voucher bill before state lawmakers. Gov. Greg Abbott has proposed a plan to …


Social Issues

play sound

As the Trump administration makes good on promises to abolish the U.S. Department of Education, educators and parents are raising concerns about the …

Environment

play sound

Greenpeace has been ordered to pay several hundred million dollars stemming from the Dakota Access Pipeline protests and some are saying the verdict l…


Experts advised neighbors to work together to reduce the risk of fire racing across the block or through the neighborhood. (Brian/Adobe Stock)

Social Issues

play sound

As Los Angeles starts to recover from the firestorm, people are looking for ways to harden their homes against future mega-blazes. Experts said the …

Environment

play sound

A local event that brings students face-to-face with outdoor habitats is serving to ignite a lifelong passion in some that go on to pursue "green jobs…

Research shows there is a direct correlation between unstable housing and food insecurity. (FamilyWorks Food Bank)

Social Issues

play sound

While affordable housing advocates across the state have been cheering on Washington's rent stabilization bill in Olympia, so have organizations …

Social Issues

play sound

Industry groups say Minnesota is short more than 100,000 affordable-housing units to meet demand, and project leaders have said the Trump …

Social Issues

play sound

The number of working-age Wyoming adults with college degrees or valuable credentials increased by over 18% between 2009 and 2023, according to …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021